Market Overview:
The global automotive electronic components market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for electric and hybrid vehicles, rising disposable income, and technological advancements. The global automotive electronic components market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into active components and passive components. Active components are further sub-segmented into semiconductors and microcontrollers/processors while passive components are sub-segmented into resistors, capacitors, inductors/transformers, diodes/rectifiers bridge rectifiers), thyristor controlled rectifier (TCR), optocouplers & photo detectors). On the basis of application, the market is segmented into engine system; driving & safety systems; body system; entertainment system; other applications such as telematics control unit (TCU) & infotainment unit (IU), anti-lock braking system (ABS), advanced driver assistance systems (ADAS) etc.). Regionally speaking North America dominates this industry followed by Europe with Asia Pacific being a close third owing to high population density in countries such as China and India which leads to increased demand for automobiles equipped with advanced features henceforth spurring growth in this regional segment over others.
Product Definition:
An automotive electronic component is a device used in an automobile that performs a specific function, such as turning on the headlights. These components are important because they allow cars to run more efficiently and safely.
Active Components:
Active components are those which have moving parts and are used in electronic devices. It includes resistors, capacitors, inductors and transistors. The market for active components is expected to witness significant growth over the forecast period owing to its usage in various applications such as LED lighting systems, infotainment units and Advanced Driver Assistance Systems (ADAS).
The automotive industry has been witnessing a rapid change over the past few years due to technological advancements.
Passive Components:
Passive components are the inorganic parts of electronic devices such as resistors, capacitors, inductors and transistors. These passive components act as a medium for transferring energy from one point to another through an electric field. The working principle of these devices is based on the electrical properties exhibited by them; they can be used in various applications owing to their varied characteristics such as resistance, inductance and so on.
Application Insights:
The body system segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The increasing need for safety features, such as airbags, anti-lock braking systems (ABS), and electronic stability control (ESC) is expected to drive the demand for automotive electronics over the forecast period.
The engine system segment accounted for a significant revenue share in 2017 owing to an increase in demand from high performance vehicles. Advanced engine management systems are responsible for providing enhanced powertrain efficiency by monitoring various vehicle parameters and delivering optimum fuel delivery under all driving conditions. This has led to increased adoption of these systems across passenger cars as well as light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to increasing production and sales of automobiles in countries such as China, India, Japan, and South Korea. The growing population in these developing nations has led to an increase in demand for passenger cars. This has resulted in increased production of automotive electronic components within this region.
The European market accounted for a share of more than 25% owing to stringent government regulations regarding vehicular emission coupled with technological advancements pertaining to fuel efficiency and safety features implemented by major players operating within the region. North America is also likely have a significant growth rate due to increasing adoption of advanced driver assistance systems (ADAS) by consumers along with rising demand from law enforcement agencies for enhanced safety features on board vehicles operating within U.S.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising demand for infotainment and safety systems in automobiles
- Growing popularity of advanced driver assistance systems (ADAS)
- Proliferation of autonomous driving technology
- Increasing adoption of semiconductor components in automotive applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Electronic Components Market Research Report
By Type
Active Components, Passive Components
By Application
Engine System, Driving and Safety Systems, Body System, Entertainment System, Other
By Companies
NXP, Infineon, Renesas, Texas Instruments, STMicroelectronics, Bosch, ON Semiconductor, ROHM Semiconductor, Analog Devices, Toshiba, NVIDIA, Littelfuse, Inc, Intel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Electronic Components Market Report Segments:
The global Automotive Electronic Components market is segmented on the basis of:
Types
Active Components, Passive Components
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Engine System, Driving and Safety Systems, Body System, Entertainment System, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NXP
- Infineon
- Renesas
- Texas Instruments
- STMicroelectronics
- Bosch
- ON Semiconductor
- ROHM Semiconductor
- Analog Devices
- Toshiba
- NVIDIA
- Littelfuse, Inc
- Intel
Highlights of The Automotive Electronic Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Active Components
- Passive Components
- By Application:
- Engine System
- Driving and Safety Systems
- Body System
- Entertainment System
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Electronic Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive electronic components are those that are used in automobiles. These parts include sensors, controllers, and other electronics.
Some of the key players operating in the automotive electronic components market are NXP, Infineon, Renesas, Texas Instruments, STMicroelectronics, Bosch, ON Semiconductor, ROHM Semiconductor, Analog Devices, Toshiba, NVIDIA, Littelfuse, Inc, Intel.
The automotive electronic components market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Electronic Components Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Electronic Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Electronic Components Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Electronic Components Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Electronic Components Market Size & Forecast, 2020-2028
4.5.1 Automotive Electronic Components Market Size and Y-o-Y Growth
4.5.2 Automotive Electronic Components Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Active Components
5.2.2 Passive Components
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Engine System
6.2.2 Driving and Safety Systems
6.2.3 Body System
6.2.4 Entertainment System
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Electronic Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Electronic Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Active Components
9.6.2 Passive Components
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Engine System
9.10.2 Driving and Safety Systems
9.10.3 Body System
9.10.4 Entertainment System
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Active Components
10.6.2 Passive Components
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Engine System
10.10.2 Driving and Safety Systems
10.10.3 Body System
10.10.4 Entertainment System
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Active Components
11.6.2 Passive Components
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Engine System
11.10.2 Driving and Safety Systems
11.10.3 Body System
11.10.4 Entertainment System
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Active Components
12.6.2 Passive Components
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Engine System
12.10.2 Driving and Safety Systems
12.10.3 Body System
12.10.4 Entertainment System
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Active Components
13.6.2 Passive Components
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Engine System
13.10.2 Driving and Safety Systems
13.10.3 Body System
13.10.4 Entertainment System
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Electronic Components Market: Competitive Dashboard
14.2 Global Automotive Electronic Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NXP
14.3.2 Infineon
14.3.3 Renesas
14.3.4 Texas Instruments
14.3.5 STMicroelectronics
14.3.6 Bosch
14.3.7 ON Semiconductor
14.3.8 ROHM Semiconductor
14.3.9 Analog Devices
14.3.10 Toshiba
14.3.11 NVIDIA
14.3.12 Littelfuse, Inc
14.3.13 Intel
