Automotive Electronic Components Market Report 2022

Automotive Electronic Components Market Insights - 2022

Due to the COVID-19 pandemic, the global Automotive Electronic Components market size is estimated to be worth US$ 49060 million in 2021 and is forecast to a readjusted size of US$ 49060 million by 2028 with a CAGR of 5.8% during the review period.

Fully considering the economic change by this health crisis, by Type accounting for % of the Automotive Electronic Components global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

An electronic component is a basic element in an electronic circuit, usually individually packaged, with two or more leads or metal contacts.Electronic components must be connected to each other to form an electronic circuit with a specific function, such as an amplifier, a radio receiver, an oscillator, etc. One of the common ways of connecting electronic components is to weld them to a printed circuit board.Electronic components may be individual packages (resistors, capacitors, inductors, transistors, diodes, etc.) or groups of varying complexity such as integrated circuits (operational amplifiers, exclusion, logic gates, etc.).With electric cars, in recent years made car, new technology and new applications such as automated driving moved close to the auto industry to the micro control unit, sensor and memory automotive electronic equipment such as a surge in demand, semiconductor manufacturers in the automotive industry began to play a more and more important role in the supply chain, experts predict automotive electronic components industry development opportunities are emerging.

Automotive electronics are mainly used in power control system, vehicle-mounted information and entertainment system, vehicle safety control system and vehicle body electronic system, etc. In order to improve the driving experience, the rate of vehicle electronization has been increasing.

Automotive Electronic Components Market Analysis

Global Automotive Electronic Components key players include NXP, Infineon, Renesas, Texas Instruments, etc. Global top four manufacturers hold a share over 30%.

Europe is the largest market, with a share over 25%, followed by China, and North America, both have a share over 45 percent.

In terms of product, Active Components is the largest segment, with a share about 90%. And in terms of application, the largest application is Engine System, followed by Driving and Safety Systems, Entertainment System, Body System, etc.

Automotive Electronic Components Market Scope and Market Size

The global Automotive Electronic Components market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Automotive Electronic Components market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

Segment By Type

• Active Components
• Passive Components

Segment By Application

• Engine System
• Driving and Safety Systems
• Body System
• Entertainment System
• Other

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company

• NXP
• Infineon
• Renesas
• Texas Instruments
• STMicroelectronics
• Bosch
• ON Semiconductor
• ROHM Semiconductor
• Analog Devices
• Toshiba
• NVIDIA
• Littelfuse, Inc
• Intel