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Automotive Electronics Market Will touch 9.2% At Forecast

The global Automotive Electronics Market sizes was estimated at USD 248.86 billion in 2020 and expand at a CAGR of 9.2% over the forecast period.

 Major role in market growth are Yamaha, Delphi, Koninklijke Philips, Sanyo, Sony, Denon, Continental AG & Denso.

     Increasing concerns about safety, which lead the demand for active safety system, and rising demand for cutting-edge infotainment system in the vehicle are the major drivers for the automotive electronics market. Increase in demand for better fuel efficient vehicles with more entertainment devices will create an opportunity in the market for new entrants. Increased level of autonomy, and focus on quality and security by software manufacturers will raise the demand for electronics in vehicles.

      BorgWarner’s state of the art coolant heaters are expected to appear in 2021 on the next generation of passenger cars produced by global OEMs. The company has been chosen as a supplier for cabin heating and battery conditioning solutions for several high-volume vehicle programs. Its leading edge high-voltage heaters have changed the way automotive engineers think about thermal management requirements for the most advanced electric and plug –in hybrid passenger cars. Our battery and cabin heater has become the technology of choice for some of the most important electric and hybrid vehicle manufactures in Europe. North America and Asia, helping them to reduce battery consumption while increasing passenger comfort.

     Oct 2020 Indium Corporation will feature its suite of ultra-low residue flip-chip fluxes for enabling the 5G lifestyle at the 18th China Semiconductor Packaging and Test Seminar (CSPT), November 8-10, TianShui City, China. Indium Corporation has developed a suite of leading-edge materials and technology expertise to meet the demanding performance improvement of mobile communications that enable the dynamic 5G lifestyle. Indium Corporation’s ultra-low and near-zero residue, no-clean flip-chip fluxes eliminate the cost of cleaning flux residues, improving package reliability by preventing damage to the die from stresses during cleanings. The simplified assembly process can also help reduce total packaging costs.

      Further  in new technology u-blox (SIX:UBXN), a global provider of leading positioning and wireless communication technologies and services, has announced that its GNSS (Global Navigation Satellite System) technology is being used in a smart altimeter for skydivers, paragliders, wingsuit pilots and other aerial athletes. Dekunu Technologies’ Dekunu One SmartAlti is a body-worn altimeter that provides a similar quality of information about a user’s altitude and position in the sky as pilots receive in their cockpits. A large, clear display ensures that skydivers can always access that information easily. This helps with their situational awareness and enables them to make smarter decisions about their own and fellow skydivers’ safety during freefall. Nexperia offering Oct 2020 ASFET families for battery isolation, motor control, hot-swap and Power over Ethernet (PoE) applications. Defining the improvements that these tailored ASFETs can offer includes a 3x – 5x improvement in Safe Operating Area (SOA) for hot-swap applications, and maximum current ratings in excess of 300 A for motor applications.

      The global market for automotive electronics is segmented on the basis of type, sales channel, application, and region. Based on type, the market is segmented into advanced driver assistance systems, body electronics, entertainment, powertrain, safety systems, and others. Based on sales channel, the market is segmented into OEM and aftermarket. On the basis of application, the market is segmented by passenger cars, light commercial vehicle, heavy commercial vehicle, electric vehicle, and two-wheeler.

    Geographically, the global automotive electronics market has been divided into four major regions of North America, Europe, Asia Pacific, and Rest of the World. Among all regions, North America is expected to dominate the market during the forecast period followed by Asia Pacific. Strict government regulations standard regarding the vehicle safety will boost the growth of North America market. Increased demand for electric vehicle and infotainment system in vehicles will enhance the market revenue during the forecast period.

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