Albany, NY -- (SBWIRE) -- 10/25/2018 -- Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled "Global Automotive Electronics Market: Prospects & Upcoming Trends and Opportunities Analyzed for Coming Years". This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Automotive Electronics. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

As per a report by MRRSE, the global automotive electronics market will likely clock a CAGR of 7.4% for the forecast period between 2017 and 2022. At this rate, the market which is estimated to be worth US$3,530.7 mn in 2017 will further rise to be valued at US$5,048.9 mn by 2022-end.

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The report on the global automotive electronics market examines current and future growth trends, and aspires to serve as a reliable business tool for target audience. The analysis presented is for the forecast period of 2017 to 2022, with 2016 as the base year. Data provided in the report for 2015 is for historical reference. The automotive electronics market report includes an elaborate executive summary with a market snapshot that provides information about various segments of the market. It also highlights demand drivers, challenges, and opportunities that are expected to have an impact on the market's growth over the forecast period. Included in the report is market attractiveness analysis on the basis of geography, and competitive hierarchy, thus presenting a meticulous analysis of the overall competitive scenario of the global automotive electronics market. The study provides a holistic view covering the revenue growth in terms of US$ Mn and volume growth in terms of Mn units over key geographical regions.

The objective of this report on the global automotive electronics market is to describe, define, and analyze the market for the forecast period between 2017 and 2022. It looks into opportunities in the market for stockholders and to delineate a competitive landscape of this rising market.

Apart from primary research which constitute the bulk of this report, a thorough secondary research was conducted to compute the market size. The report constitutes forecast of revenue generated through the sales channels of OEM and aftermarket in the global automotive electronics market. TMR'S report not only presents forecasts in terms of revenue, but also assesses the market by essential parameters such as Year-on-Year (Y-o-Y) growth. This helps market stakeholders to gauge future opportunities and predictability of the market. Crucial feature of the report is analysis of the global automotive electronics market by vehicle type, sales channel, and application and the corresponding revenue forecast vis-à-vis absolute dollar opportunity.

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On the basis of vehicle type, the global automotive electronics market has been segmented into compact passenger cars, mid-sized passenger cars, luxury passenger cars, heavy commercial vehicles, premium passenger cars, and light commercial vehicles. Based on sales channel, OEM and aftermarket are the segments that divide the global automotive electronics market. Application-wise, the market has been bifurcated into advanced driver assistance systems, entertainment, safety systems, body electronics, and powertrain. Geography-wise, the report assesses the growth of the worldwide automotive electronics market across the regions of North America, Latin America, Asia Pacific except Japan, Europe, Japan, the Middle East and Africa. Some of the key countries in these regions that contribute substantially to the automotive electronics market are the U.S., Canada, Brazil, Mexico, Argentina, Germany, the U.K., France, Spain, Italy, Nordic, China, India, Malaysia, Thailand, Singapore, Australia, GCC Countries, South Africa, Israel, and Nigeria. The report provides revenue comparison based on vehicle type, sales channel, and application for each of these countries.

Infineon Technologies AG, Texas Instruments Inc., ON Semiconductor Corp., ST Microelectronics N.V., Maxim Integrated Products Inc., NXP Semiconductor NV, OMRON Corporation, Robert Bosch GmbH, Hitachi Ltd, and ZF Friedrichshafen AG are the leading companies in the worldwide market for automotive electronics. Each of the companies is profiled on the parameters of financials, recent developments, business strategies, and SWOTs.

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