Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive electronics market 2019

Global Automotive Electronics Market to Project Notable Expansion At A CAGR Of 6.56% During The
Forecast Period Of 2018-2023
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Type, Vehicle Type, and by Regions - Forecast till 2023
Global Automotive Electronics Market: Key Players
The prominent players profiled by MRFR that are operating in the global automotive electronics market
are Robert Bosch GmbH (Germany), OMRON Corporation (Japan), Infineon Technologies AG (Germany),
HGM Automotive Electronics (the U.S.), Hitachi, Ltd. (Japan), Delta Electronics, Inc. (Taiwan). Atotech
(Germany), ZF Friedrichshafen AG (the U.S.), Denso Corporation (Japan) and Koninklijke Philips N.V.
(Netherlands).
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Global Automotive Electronics Market: Segmental Analysis
The global automotive electronics market is segmented on the basis of type, sales channel, application,
and region. Based on type, the global automotive electronics market has been segmented into advanced
driver assistance systems, body electronics, entertainment, powertrain, safety systems, and others.
Based on sales channel, the global automotive electronics market has been segmented into OEM and
aftermarket. Based on application, the automotive electronics market has been segmented into
passenger cars, light commercial vehicle, heavy commercial vehicle, electric vehicle, and two-wheeler.
Global Automotive Electronics Market: Regional Analysis
The global automotive electronics market has been geographically segmented into four major regions
such as North America, Asia Pacific (APAC), Europe and the rest of the world. The North America region
is projecting dominance over the global automotive electronics market owing to the high demand for
automobiles that are equipped with advanced electronic components as a result of rapid increase in
population, increased disposable income, and easy adoption of advanced technology in this region.
Availability of advanced automotive electronics at affordable prices and inclination towards owning
luxury vehicles are also propelling the growth of the automotive electronics market in the North
America region. Increased incorporation of artificial intelligence technology in passenger and
commercial vehicles and increasing demand for electric vehicles are fueling the growth of the
automotive electronics market in the Europe region. Increased production of passenger vehicles that are
equipped with advanced electronics and increasing adoption of electric vehicle with advanced
infotainment systems are enhancing the growth of the automotive electronics market in the Asia Pacific
region.
Global Automotive Electronics Market: Synopsis
Market Research Future (MRFR) has published a detailed report stating that the global automotive
electronics market is marked to expand at a notable CAGR of 6.56% during the forecast period of 2018-
2023. Increasing demand for advanced electronics in automobiles to assist the drivers with various vital
functions that are important while driving is majorly fueling the growth of the global automotive
electronics market. Proliferation in vehicle manufacturing due to increased global demand for passenger
as well as commercial vehicles and increased popularity of infotainment systems in personal vehicle are