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Automotive Electronics Market Share

  • Report ID: GMI183
  • Published Date: Jan 2023
  • Report Format: PDF
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Automotive Electronics Market Share

Some of the key players operating in the automotive electronics industry include

  • Magna International, Inc.
  • Lear Corporation
  • BorgWarner Inc.
  • Broadcom Inc.
  • Aisin Seiki Co., Ltd.
  • VALEO
  • Continental AG
  • Robert Bosch GmbH
  • ZF Friedrichshafen AG
  • Denso Corporation.

These firms are investing in strategic initiatives including business expansions, acquisitions, mergers, partnerships, and collaborations to increase their presence.
 

Highlighting an occurrence, in December 2022, NXP announced a strategic partnership with Delta Electronics to create platforms for next-generation vehicles. The two firms have also revealed a joint lab aimed at advancing electrification options and the implementation of real-time applications based on S32E and S32Z processors from NXP. The advancement of S32K39 microcontrollers for domain and zonal control, safety processing, smart actuation, and EV control.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of automotive electronics exceeded USD 250 billion in 2022 and is projected to witness 8% CAGR from 2023 to 2032, according to GMI report.

The industry share from the powertrain application segment is predicted to observe 9% growth between 2023 and 2032 attributed to the rising automobile production across China and Brazil.

Asia Pacific held around 40% of the global market share in 2022 driven by presence of leading automakers in China and India for intensifying auto sales.

Some of the leading automobile electronic companies are Magna International, Inc., Lear Corporation, BorgWarner Inc., Broadcom Inc., VALEO, Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, and Denso Corporation.

Automotive Electronics Market Scope

  • Automotive Electronics Market Size
  • Automotive Electronics Market Analysis
  • Automotive Electronics Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 20
    • Tables & Figures: 377
    • Countries covered: 26
    • Pages: 230
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