April 29, 2020

Automotive Electronics Market Strategies To Follow During And Post COVID-19

DataIntelo report titled Global Automotive Electronics Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Our data has been culled out by our team of experts who have curated the report, considering market-relevant information. This report provides latest insights about the market’s drivers, restraints, opportunities, and trends. It also discusses the growth and trends of various segments and the market in various regions.

Automotive Electronics industry deals in equipping vehicles with digital and automatic controls. Factors such as adoption of IoT and AI in the automobiles, vehicles equipped with automated driving, the demand of in-vehicle safety features, and increase in demand of infotainment features drive the market of automotive electronics. On the other hand, low adoption of automotive electronics in newly industrialized countries and increase in overall cost of end-product due to integration of automotive electronics hampers the market growth. Further, the investment towards autonomous driving of vehicles in smart grids is expected to provide lucrative opportunities in the automotive electronics market share.

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Over the period automobile industry has witnessed automation in multiple functionalities such as power windows, camera parking assistance, integrated digital cockpit and such other features. The penetration of ADAS in economical range of cars drives the market. In addition, rise in competition in the automotive market manufacturers offer infotainment features in the economical range of cars. Thus, a greater number of cars getting equipped with infotainment electronics increases the market of automotive electronics. Further, the advancement of IoT and AI has promoted penetration of the infotainment electronics in automobiles driving the automotive electronics market share globally.

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Segment by Type:

Advanced Driver Assistance Systems (ADAS)

Body Electronics

Entertainment

Powertrain

Safety Systems

 

Segment by Application:

Commercial Vehicles

Passenger Vehicles

 

Regional Segments:

- North America

- Europe

- China

- Japan

- Southeast Asia

- India

 

Key players:

OMRON Corporation

Robert Bosch

Infineon

HGM Automotive Electronics

Hitachi

Delta Electronics

Atotech Deutschland

ZF TRW

 

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Browse full Automotive Electronics market research report: https://dataintelo.com/report/automotive-electronics-market/

Reasons to Purchase the Report:

·         Market Forecast: The authors of the report give a precise estimation of the global Automotive Electronics market size based on value and volume.

·         Market Trend Analysis: This section of the report highlights industry-leading trends and developments observed in the global Automotive Electronics market.

·         Growth Prospects: The report provides vital information on the existing and emerging opportunities in the global Automotive Electronics to help companies engaged in the industry.

·         Regional Analysis: The report examines the regional landscape for the prominent regions and countries in the global Automotive Electronics.

·         Market Segmentation: The report segments the market depending on product type, application, and end-user industries to determine their contribution to the overall market size.

·         Competitive Landscape: This segment is intended to give market participants a comprehensive overview of prevalent business strategies implemented by leading companies to stay ahead of the curve. This assessment aims to help the players in making well-informed executive decisions in the future.

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