$40 Billion Automotive Safety Electronics Market: Global Outlook & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Automotive Safety Electronics Market - Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
The global automotive safety electronics market is anticipated to reach values of approximately $40 billion by 2023, growing at CAGR of more than 12% during 2017-2023.
The increasing proliferation of automotive electronics that enable centralized control and seamless exchange of data and information between various systems is augmenting the growth of the global automotive safety electronics market. The launch of systems that are designed to enhance user experience and convenience will revolutionize the automotive industry in the global market.
The growing demand for connected cars with the growing integration of smartphones and electronic devices will transform the global market. The adoption of advanced features such as telematics, ADAS solutions, digital clusters, and high-end infotainment systems is boosting the demand in the global market.
Some of the prominent vendors are developing a new cost-efficient 3D surround view system designed for economy and mid-priced vehicles to attract a wider group of consumers and gain a larger global market share.
The innovations in the field of safety systems, infotainment, electrification of engine mechanism, and propulsion technologies will create new investment opportunities for OEMs operating in the global market.
The growing applications for semiconductors across hybrid and electric vehicle segments will have a positive impact on the overall development of the global automotive safety electronics market.
Factors such as rapid electrification of vehicles, adoption of connected vehicle concept, and integration of advanced safety features are expected to boost the demand for these systems in mass mid-segment vehicles in the market. The vendors are introducing new safety electronics systems and solutions to boost their revenues in the global market.
Companies FeaturedWABCO Velodyne LiDAR TKJP (Takata) Texas Instrument Renesas Electronics QNX Omnivision NXP Semiconductor NVIDIA Corporation Nidec Elesys Mobileye (Intel) Mando (Halla Group) Magna International Infineon Technologies Gentex Aisin Seiki ADVICS ZF Bosch Autoliv Tokai Rika Hyundai Mobis Aptiv (Delphi Automotive) Denso Continental AG HARMAN Toshiba Hitachi Panasonic Valeo Hella
Key Topics Covered
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
5 Report Assumptions & Caveats
6 Market at a Glance
8 Market Dynamics
9 Value Chain Analysis
10 Global Automotive Market
11 Global Automotive Safety Electronics Market
12 Market by Product Type
13 Market by Vehicle Type
14 Market by Geographical Segmentation
15 Automotive Safety Electronics Market in Europe
16 Automotive Safety Electronics Market in the APAC
17 Automotive Safety Electronics Market in North America
18 Automotive Safety Electronics Market in Latin America
19 Automotive Safety Electronics Market in MEA
20 Competitive Landscape
21 Key Company Profiles
22 Other Prominent Vendors
23 Report Summary
For more information about this report visit https://www.researchandmarkets.com/research/3jfdx4/40_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005258/en/
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Related Topics:Telematics and Vehicle Electronics,Automotive Safety
INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/08/2018 04:34 AM/DISC: 08/08/2018 04:34 AM