Automotive Electronics: Global Markets for IC Engine and EVs

Oct 2023| ENG034A| BCC Publishing
Sample Report

Report Highlights

The global market for automotive electronics is estimated to increase from $337.9 billion in 2023 to reach $508.0 billion by 2028, at a compound annual growth rate (CAGR) of 8.5% during the forecast period of 2023-2028.

Report Includes

  • 51 data tables and 36 additional tables
  • An overview and analysis of the global markets for automotive electronics (AEs) for internal combustion engine and electric vehicles
  • Analyses of global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • An estimate of the actual market size, a revenue forecast for the automotive electronics global market, and a corresponding market share analysis based on application, vehicle type, propulsion type, sales channel and region.
  • A discussion of the market drivers, opportunities and challenges, the technologies affecting the market, and the impact of macroeconomic variables on projected demand for the years 2023-2028
  • Country-specific data analysis and market forecasts for the U.S., Canada, Mexico, Germany, Italy, France, the U.K., Japan, China, India and South Korea, among others
  • A review of recent patent activity in the automotive electronics market
  • A look at current trends in the global market, including emerging technologies and other new developments
  • An evaluation of the influence of ESG in the global market, with emphasis on its impact on corporate performance and how companies are attempting to achieve their ESG goals
  • Insight into the industry structure, including R&D directions, market growth strategies, start-up funding and company value share analysis
  • Analysis of the competitive landscape based on recent developments, financials and segmental revenues of the major stakeholders
  • Profiles of the leading players in the automotive electronics market

Report Scope

This report analyzes the automotive electronics market by application, vehicle type, propulsion type, sales channels, and region. Furthermore, we have also included various market dynamics such as drivers, restraints, trends, and opportunities in the global market. Moreover, the report contains M&A and funding information, emerging technology analysis and analysis of ESG developments.

The study is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current and future market scenarios. The report also covers leading companies with information on product types, business footprint, revenue, employee strength, ESG rating, etc. We have also identified various small-scale and emerging players in the global and regional markets with their product-related information. The report also includes a patent analysis of the automotive electronics market.

The study also analyzes the impact of COVID-19 and the Russia-Ukraine war on the global and regional markets.

For market values, 2022 is considered the historic/base year, 2023 is an estimated year, and the market values are forecast through 2028. All market values are expressed in billions of U.S. dollars.

Frequently Asked Questions (FAQs)

The automotive electronics market was valued at $321.5 billion in 2022 and is projected to reach $508.0 billion by 2028. This market is expected to grow at a CAGR of 8.5% between 2023 and 2028.
  • Government steps toward the safety of vehicles are boosting the demand for automotive electronics.
  • Advancement in-vehicle technology is boosting the demand for electronic products.
  • Transforming the automotive business model from personal mobility to mobility-as-a-service.
  • Changing consumer interests and increasing awareness of battery-powered vehicles.
The Automotive Electronics market is segmented by application, vehicle type, propulsion type, sales channel, and region.
Electric vehicle segment will dominate the market by the end of 2028.
Asia-Pacific holds the highest share of the global market.
Key companies in the market include Aptiv PLC, Continental AG, DENSO CORPORATION, HELLA GmbH & Co. KGaA, HYUNDAI MOBIS CO., LTD., LEAR CORP., Magna International Inc., Panasonic Automotive Systems Co., Ltd., Robert Bosch GmbH, Sumitomo Electric Industries, Ltd., Valeo, and ZF Friedrichshafen AG.

Analyst Credentials

Kuldeep Bhadouria– Associate Consultant- Technology Research
Kuldeep Bhadouria has nearly six years of experience in the market research industry operating within the technology team. He has extensive experience in several industries, such as automotive, manufacturing, industrial automation & equipment, and energy. His primary responsibility is to conduct both secondary and primary research to gather relevant information and data. With this information, he prepares comprehensive research studies that provide valuable insights to meet the customers’ business needs. Academically, Kuldeep holds a bachelor’s degree in the Automotive stream.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023 to 2028
Base year market size $321.5 billion
Market size forecast $508.0 billion
Growth rate CAGR of 8.5% during the 2023-2028 forecast period
Units considered $ Billions
Segments covered By Application, Vehicle Type, Propulsion Type, Sales Channel, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Countries covered The U.S., Canada, Mexico, Germany, Italy, France, The U.K., Japan, China, India and South Korea
Key Market Drivers
  • Government Steps toward the Safety of Vehicles are Boosting the Demand for Automotive Electronics
  • Advancements in Vehicle Technology are Boosting the Demand for Electronic Products
  • Transforming Automotive Business Model from Personal Mobility to Mobility-as-a-Service
  • Changing Consumer Interests and Rising Awareness of Battery-Powered Vehicles
Companies studied

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at
. Title/Chapter NamePagesPrice Member Price
Full Report: Automotive Electronics: Global Markets for IC Engine and EVs277 $5,500 Free
Chapter- 1: Introduction10Free DownloadFree
Chapter- 2: Summary and Highlights3$250Free
Chapter- 3: Market Overview8$161Free
Chapter- 4: Market Dynamics9$181Free
Chapter- 5: Market Breakdown by Application40$803Free
Chapter- 6: Market Breakdown by Vehicle Type9$181Free
Chapter- 7: Market Breakdown by Propulsion Type8$161Free
Chapter- 8: Market Breakdown by Sales Channel6$120Free
Chapter- 9: Market Breakdown by Region41$823Free
Chapter- 10: ESG Development19$381Free
Chapter- 11: Emerging Technologies and Developments9$181Free
Chapter- 12: Patent Analysis9$181Free
Chapter- 13: M&A and Venture Funding Outlook18$361Free
Chapter- 14: Competitive Intelligence4$80Free
Chapter- 15: Company Profiles81$1,626Free
Chapter- 16: Appendix: Acronyms3$60Free
Automotive Electronics: Global Markets for IC Engine and EVs

Single User License: $5500

Become a Member

Already a member? Login to access this report free.

Have a Question? Ask Us.

Why BCC Research.?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.