The market value of automotive electronics is expected to increase to US$ 580.5 billion by the end of 2033 from its current level of US$ 261.8 billion in 2023. From 2023 to 2033, the global automotive electronics market is expected to grow at a significant CAGR of 8.2%. Due to the accelerating acceptance of electrification trends in the automotive industry and the […]

The global automotive electronics market size will more than double between 2019 and 2029. The sensor segment of automotive electronic components will grow at a double-digit CAGR of 10% through 2029. For OEM Automotive Electronics market analysis, the team tracks the vehicle production across the prominent countries/regions and then cross map the same with the average usage of the product […]