Auto Electronics Market is expected to reach $356.15 billion by 2022 growing at a CAGR of 12.8%
Auto Electronics Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, July 11, 2018 ) Auto Electronics market is accounted for $153.45 billion in 2015 and is expected to reach $356.15 billion by 2022 growing at a CAGR of 12.8%. Technological advancements in electronics industry has well emulsified into automotive sector, giving output as a well maintained and safe driving experience. Prevailing benefits including emergency call system, accident data recorder and alcohol ignition locks system are some of the factors proliferating the market growth. Lack of interaction between OEM management and subsystems is the factor inhibiting the market.
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ADAS (Advanced Driver Assistance Systems) segment is estimated to dominate the market owing to the government mandatory deployment terms coupled with growing acceptance of active safety systems in vehicle. Asia Pacific market is expected to dominate the trend in the forthcoming years on account of vehicle customization, superior product quality and low cost. Moreover, North America and Europe are proliferating demand for customer comfort and safety which is driving market over there.
Some of the key players of the Auto Electronics market include Altera, Atmel Corporation, Audiovox Corp., Avago Technologies, Bosch Group, Continental AG, Delphi Automotive, Denso Corp., Dow Corning, Hitachi Automotive, Infineon Technologies, Panasonic, Texas Instruments, TRW Automotive and Wipro.
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Applications Covered:
- Entertainment
- Body Electronics
- ADAS (Advanced Driver Assistance Systems)
- Safety Systems
- Powertrain
Vehicle Types covered:
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
- Luxury cars
- Passenger Cars
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Get more information @ http://www.reportsweb.com/auto-electronics-global-market-outlook-2016-2022
Request sample copy @ http://www.reportsweb.com/inquiry&RW0001565102/sample
ADAS (Advanced Driver Assistance Systems) segment is estimated to dominate the market owing to the government mandatory deployment terms coupled with growing acceptance of active safety systems in vehicle. Asia Pacific market is expected to dominate the trend in the forthcoming years on account of vehicle customization, superior product quality and low cost. Moreover, North America and Europe are proliferating demand for customer comfort and safety which is driving market over there.
Some of the key players of the Auto Electronics market include Altera, Atmel Corporation, Audiovox Corp., Avago Technologies, Bosch Group, Continental AG, Delphi Automotive, Denso Corp., Dow Corning, Hitachi Automotive, Infineon Technologies, Panasonic, Texas Instruments, TRW Automotive and Wipro.
Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001565102/buying
Applications Covered:
- Entertainment
- Body Electronics
- ADAS (Advanced Driver Assistance Systems)
- Safety Systems
- Powertrain
Vehicle Types covered:
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
- Luxury cars
- Passenger Cars
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Get more information @ http://www.reportsweb.com/auto-electronics-global-market-outlook-2016-2022
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results