Automotive Electronics Market Growth, Latest Trends, Share Analysis, Report 2033

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Automotive Electronics Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Automotive Electronics Market Segments
The Business Research Company segments the
automotive electronics market report as
Advanced Driver Assistance Systems, Body
Electronics, Entertainment, Powertrain, Safety
Systems, Other Types
By Type
Electronic Control Units, Sensors, Current
Carrying Devices, Other Components
By Component
Light Commercial Vehicles, Passenger Vehicles,
Heavy Commercial Vehicles, Other Vehicle Types
By Vehicle Type
By Sales Channel
OEM, Aftermarket
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Market Statistics
The global Automotive Electronics market size
grew from 274.67 billion in 2023 to 299.56
billion in 2024 at a compound annual growth rate
(CAGR) of 9.1. The Automotive Electronics market
size is expected to grow to 420.18 billion in
2028 at a compound annual growth rate (CAGR) of
8.8.
420.18 B
299.56 B
274.67 B
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Key Market Drivers And Trends
Drivers
The increasing penetration of electric vehicles
is expected to propel the growth of the
automotive electronics market going forward.
Trends
Innovating advanced product solutions is a key
trend gaining popularity in the Automotive
Electronics market.
Region
Asia-Pacific was the largest region in the
Automotive Electronics market in 2023. The
regions covered in the Automotive Electronics
market analysis report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South
America, Middle East and Africa.
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Top Eleven Players In The Market

• Major players in the market are
• Denso Corporation,
• Robert Bosch GmbH,
• ZF Friedrichshafen AG,
• Hitachi Ltd.,
• Aptiv PLC,
• Continental AG

• Infineon Technologies AG,
• NXP Semiconductors N.V.,
• STMicroelectronics N.V.,
• Texas Instruments,
• Delphi Automotive

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   against key competitors.
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