New York – October 13, 2022 - Research Nester’s recent market research analysis on “Automotive Powertrain Electronics Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitor analysis and a detailed overview of the global automotive powertrain electronics market in terms of market segmentation by component type, vehicle type, and by region.
Growing Demand for Automotive Electronics to Drive Growth of Global Automotive powertrain electronics Market
The global automotive powertrain electronics market is estimated to grow majorly on account of the increased demand for various powertrain electronic components used in a car. For instance, it is projected that electronics will account for ~50% of a cost of a new car in 2030.
The market research report on global automotive powertrain electronics encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion of current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.
By vehicle type, the global automotive powertrain electronics market is segmented into passenger vehicles and commercial vehicles. The passenger vehicles segment is to garner a highest revenue by the end of 2033 by growing at a CAGR of ~ 7% over the forecast period. Rise in production of passenger cars.
By region, the Asia Pacific automotive powertrain electronics market is to generate the highest revenue by the end of 2033. This growth is anticipated by the domination of the region in producing electric vehicle batteries.
The research is global in nature and covers a detailed analysis of the automotive powertrain electronics market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
In addition, an analysis comprising of global automotive powertrain electronics market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global automotive powertrain electronics market which includes company profiling of Schaeffler Group, AVL List GmbH, SEG Automotive Germany GmbH, Robert Bosch GmbH, Mitsubishi Electric Corporation, Infineon Technologies AG, Texas Instruments Incorporated, Renesas Electronics Corporation, NXP Semiconductors N.V., STMicroelectronics International N.V. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments.
On the whole, the report depicts a detailed overview of the global automotive powertrain electronics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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