Automotive Electronics Market Size, Share, and Trends 2024 to 2034

The global automotive electronics market size is calculated at USD 307.61 billion in 2025 and is forecasted to reach around USD 647.43 billion by 2034, accelerating at a CAGR of 8.62% from 2025 to 2034. The Asia Pacific automotive electronics market size surpassed USD 129.20 billion in 2025 and is expanding at a CAGR of 8.74% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1240
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Automotive Electronics Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Automotive Electronics Market

5.1. Covid-19: Automotive Electronics Industry Impact
5.2. Automotive Electronics Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Automotive Electronics Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Automotive Electronics Market Players to deal with Covid-19 Pandemic Scenario

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Driver 1
6.1.1.2. Driver 2
6.1.2. Market Restraints
6.1.2.1. Restraint 1
6.1.3. Market Opportunities
6.1.3.1. Opportunity 1
6.1.3.2. Opportunity 2

Chapter 7. Global Automotive Electronics Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Automotive Electronics Market Revenue by Market Players
7.1.1.2. Automotive Electronics Market Revenue Market Share by Market Players
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Product Type Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Automotive Electronics Market, By Product Type

8.1. Automotive Electronics Market, by Component,
8.1.1. Sensors
8.1.1.1. Market Revenue and Forecast
8.1.2. Electronic Control Unit
8.1.2.1. Market Revenue and Forecast
8.1.3. Current Carrying Devices
8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Automotive Electronics Market, By Application

9.1. Automotive Electronics Market, by Application,
9.1.1. Body Electronics
9.1.1.1. Market Revenue and Forecast
9.1.2. ADAS
9.1.2.1. Market Revenue and Forecast
9.1.3. Infotainment
9.1.3.1. Market Revenue and Forecast
9.1.4. Safety Systems
9.1.4.1. Market Revenue and Forecast
9.1.5. Others
9.1.5.1. Market Revenue and Forecast

Chapter 10. Global Automotive Electronics Market, By End-user

10.1. Automotive Electronics Market, by End-user,
10.1.1. OEM
10.1.1.1. Market Revenue and Forecast
10.1.2. Aftermarket
10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Automotive Electronics Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Product Type
11.1.2. Market Revenue Forecast by Application
11.1.3. Market Revenue Forecast by End-user
11.1.4. U.S
11.1.4.1. Market Revenue Forecast
11.1.5. Canada
11.1.5.1. Market Revenue Forecast
11.2. Europe
11.2.1. Market Revenue Forecast by Product Type
11.2.2. Market Revenue Forecast by Application
11.2.3. Market Revenue Forecast by End-user
11.2.4. UK
11.2.4.1. Market Revenue Forecast
11.2.5. Germany
11.2.5.1. Market Revenue Forecast
11.2.6. France
11.2.6.1. Market Revenue Forecast
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Product Type
11.3.2. Market Revenue Forecast by Application
11.3.3. Market Revenue Forecast by End-user
11.3.4. China
11.3.4.1. Market Revenue Forecast
11.3.5. India
11.3.5.1. Market Revenue Forecast
11.3.6. Japan
11.3.6.1. Market Revenue Forecast
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast
11.4. LATAM
11.4.1. Market Revenue Forecast by Product Type
11.4.2. Market Revenue Forecast by Application
11.4.3. Market Revenue Forecast by End-user
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Product Type
11.5.2. Market Revenue Forecast by Application
11.5.3. Market Revenue Forecast by End-user
11.5.4. GCC
11.5.4.1. Market Revenue Forecast
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast

Chapter 12. Company Profiles

12.1. HELLA GmbH & Co. KGaA
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin
12.1.4. Recent Developments and Strategies
12.2. Altera
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin
12.2.4. Recent Developments and Strategies
12.3. Broadcom Ltd
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin
12.3.4. Recent Developments and Strategies
12.4. Infineon Technologies AG
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin
12.4.4. Recent Developments and Strategies
12.5. Panasonic Corporation
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin
12.5.4. Recent Developments and Strategies
12.6. Hitachi Automotive Systems, Ltd
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin
12.6.4. Recent Developments and Strategies
12.7. Microchip Technology, Inc
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin
12.7.4. Recent Developments and Strategies
12.8. NXP Semiconductors N.V
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin
12.8.4. Recent Developments and Strategies
12.9. Texas Instruments Incorporated
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin
12.9.4. Recent Developments and Strategies
12.10. Valeo Inc
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin
12.10.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global automotive electronics market size was valued at USD 283.20 billion in 2024 and is expected to reach over USD 647.43 billion by 2034.

The automotive electronics market is growing with the CAGR of 8.62% over forecast period 2025 to 2034.

Globally, Asia Pacific region is expected to hit largest revenue share in the automotive electronics market.

The major companies are functioning in automotive electronics market are HELLA GmbH & Co. KGaA, Altera, Broadcom Ltd, Infineon Technologies AG, Panasonic Corporation, Hitachi Automotive Systems, Ltd, Microchip Technology, Inc, NXP Semiconductors N.V, and Texas Instruments Incorporated.

The original equipment manufacturer or OEM segment occupied the leading market portion in 2024.

Safety Systems led different application segments and reported more than 24% market share in terms of revenue in 2024.

Automotive electronics are designed electronics dedicated to utilize in automobiles. Automotive electronics are systems employed in vehicles such as ignition, engine management, radio, carputers, in-car entertainment systems, and telematics among others. Engine, transmission and ignition electronics are also found in motorcycles, trucks, off-road vehicles, and other internal combustion powered machinery including tractors, excavators and forklifts. Associated elements for control of pertinent electrical systems are also observedin electric cars and on hybrid vehicles.

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