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wiseguy789 · 2 years

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“AUTOMOTIVE ELECTRONICS SENSOR AFTER Market ”gives detailed outlook by Type, by Application, by Segmentation and Regional Forecasts.

#market research future #automotive electronics sensor #automotive sensor aftermarket #automotive sensor market #electronics sensor aftermarket #AUTOMOTIVE ELECTRONICS SENSOR AFTER Market statistics AUTOMOTIVE ELECTRONICS SENSOR AFTER Market development AUTOMOTIVE ELECTRONICS SE

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richasinha · 15 days

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Automotive Electronics Market: Beating Growth Expectations

Automotive Electronics Market is projected to reach $361.6 billion by 2030, at a CAGR of 6.7% during the forecast period of 2023 to 2030. The growth of this market is attributed to the surge in vehicle electrification, the increasing need for energy-efficient electronic devices, and the rising demand for safety and control systems. In addition, the growing demand for ADAS & AD and the high demand for adaptive lighting systems in passenger & entry-level SUVs are expected to offer significant opportunities for the growth of this market. However, the high cost of electronic systems hampers the growth of this market. In addition, fluctuating raw material prices is a major challenge to the growth of this market.

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Surge in Vehicle Electrification to Drive the Growth of the Automotive Electronics Market

The growing availability of EVs, government incentives for EV adoption, the decreasing total cost of EV ownership, and the phasing out of fossil fuel-powered vehicles are driving the adoption of electric vehicles across the globe. Considering this gradual shift, the increasing need for automotive electronics is also expected to increase as they enhance electric vehicles' performance, efficiency, and safety. For example, BMS is a critical electronic system in EVs that monitors and controls the battery pack's performance. It ensures the optimal charging and discharging of the batteries, manages the temperature, and provides safety features to prevent overcharging or overheating. The transition to electrified vehicles has created a need for more advanced and reliable automotive electronic components to control and manage various aspects of the vehicle's operations, such as sensor technology, microcontrollers, and communication interfaces.

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Based on component, the automotive electronics market is segmented into electronic control units, sensors, integrated circuits, head-up displays, actuators, IP modules, and other components. This segment's large market share is attributed to increasing demand for technologically advanced vehicles in developed and developing countries, such as hybrid, pure electric cars, rising government regulations pertaining to fuel consumption, and the growing need for better mileage of vehicles by the middle-class population. However, the sensors segment is projected to register the highest CAGR during the forecast period.

Based on vehicle type, the automotive electronics market is segmented into internal combustion engine, hybrid, and electric vehicles. In 2023, the internal combustion engine segment is expected to account for the largest share of the automotive electronics market. ICE engines are more durable and require less maintenance than electric motors, and stringent government norms with respect to fuel efficiency are some of the drivers for the growth of this segment.

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However, the electric vehicles segment is projected to register the highest CAGR during the forecast period. The high market growth in electric vehicles is driven by decreasing prices of batteries, rising environmental concerns, and increasing investments by leading automotive OEMs.

Based on distribution channel, the automotive electronics market is segmented into OEMs and aftermarket. In 2023, the OEMs segment is expected to account for the larger share of the automotive electronics market. However, the aftermarket segment is projected to register the highest CAGR during the forecast period.

Based on geography, the automotive electronics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia- Pacific is expected to account for the largest share of the market and is also expected to grow during the forecast period. The large market share is attributed to increasing demand for EVs, growing number of manufacturers offering numerous advanced automotive electronics in the mobility industry, and incentive programs for EV adopters.

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Key Players

The key players operating in the automotive electronics market are Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), Valeo Inc. (France), Continental AG (Germany), Hitachi, Ltd. (Japan), Aptiv PLC (Ireland), Texas Instruments Incorporated (U.S.), STMicroelectronics International N.V. (Switzerland), NXP Semiconductors (Netherlands), ZF Friedrichshafen AG (Germany), Visteon Corporation (U.S.), Advanced Micro Devices, Inc. (U.S.), Magna International Inc. (Canada), DENSO CORPORATION (Japan), and Hyundai Mobis Co., Ltd. (South Korea).

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#autoelectronics #carelectronics

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bizworldinsights · 1 month

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Automotive Oxygen Sensor

The Automotive Oxygen Sensor market, valued at US$ XX million in 2019, is projected to witness a steady CAGR of 3.8% during the forecast period. This electronic device plays a crucial role in measuring the oxygen levels in exhaust sensors, sending signals to the car's processing unit. This ensures optimal fuel-to-air ratio, preventing the engine from running too rich or too lean. Originally discovered in 1960 by Robert Bosch GmbH, the oxygen sensor has become an integral component of automotive exhaust systems.

Key Factors Driving the Global Oxygen Sensor Market Revenue

Technological Advancements: Miniaturization of integrated circuits is paving the way for next-gen oxygen sensors capable of performing in high temperatures. The implementation of microfibration technology is contributing to the development of state-of-the-art sensors for OEMs, fostering overall market growth.

Regulatory Compliance: Stringent regulations mandating proper carbon emission checks from automobiles are driving the demand for oxygen sensors. With transport being a significant source of global carbon emissions, oxygen sensors play a vital role in enhancing overall sustainability.

Market Challenges: While the automotive oxygen sensor market is poised for significant growth, challenges such as contaminants in the exhaust and damage from excessive unburned fuel systems contribute to sensor deterioration. Addressing replacement concerns remains a major focus within the industry.

Global Oxygen Sensor Market Analysis, by Sales Channel

OEM Dominance: OEMs are set to dominate the global market, accounting for 86% market share in 2018. Oxygen sensors are primarily sold to vehicle manufacturers through a B2B-oriented industry. Long-term contracts between sensor manufacturers and OEMs are commonplace. The aftermarket segment is expected to witness impressive growth due to the wear and tear of sensors exposed to high temperatures near the exhaust system.

Global Automotive Oxygen Sensor Market Value Analysis, by Vehicle Type

Passenger Vehicles at the Forefront: The passenger vehicle segment is anticipated to represent 71% of the total market by 2028. As oxygen sensors are fitted across commercial and passenger vehicles, the dominance of the passenger vehicle segment is attributed to robust car sales, particularly in China and India. Advanced safety checks in passenger vehicles are expected to further drive global O2 sensor sales.

Global Automotive Oxygen Sensor Market Size and Forecast: Regional Analysis

Asia Pacific Leading the Way: Accounting for 43% of global sales in 2018, the Asia Pacific region offers significant market opportunities for revenue generation. Unlike North America and Western Europe, which have matured markets, Asia Pacific boasts a flourishing automotive industry, making it the leading manufacturer of vehicles globally. China and Japan are major markets for O2 sensor manufacturers.

North America and Western Europe: Characterized by mature markets, North America and Western Europe are expected to register sluggish growth throughout the forecast period. The introduction of Euro VI norms is anticipated to stimulate the ecosystem in Europe.

Global Automotive Oxygen Sensor Market Size and Forecast: Competition Landscape

The industry is marked by the presence of numerous midsize players operating on a contract-based business model. High competition levels drive global players to focus on product specifications and direct distribution networks for agility. Key Automotive Oxygen Sensor market players include:

Robert Bosch GmbH

Continental AG

NGK Spark Plugs

Delphi Automotive

Infineon Technologies AG

Analog Devices Inc

Denso Corporation

Industry Segmentation

By Vehicle Type:

Passenger Cars

Compact Car

Midrange

Premium

Luxury

SUV

Commercial Vehicle

Light Weight Vehicle

Heavy Duty Vehicle

By Sales Channel:

Aftermarket

OEM

By Product Type:

Zirconia Sensor

Titania Sensor

Wideband Zirconia Sensor

Top of Form

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awesomechrisharry · 2 months

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Advancements in Automotive Door Latch Market: An Overview of Latest Developments, Size, Share and Trends

Automotive door latches are critical components that ensure the secure closure and locking of vehicle doors, contributing to the safety and security of both occupants and belongings. These latches consist of intricate mechanisms designed to engage with corresponding strikers, holding the door securely in place while driving and preventing unauthorized access. As a fundamental element of vehicle safety, the demand for reliable and durable automotive door latches remains high. Stringent safety regulations and standards set by automotive governing bodies drive the continuous improvement and innovation in door latch technologies.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐃𝐅: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25661

The demand for automotive door latches is primarily fueled by the growth of the global automotive industry. As the production of vehicles increases to meet the rising demand for transportation, the need for robust door latch systems also experiences a parallel surge. Original equipment manufacturers (OEMs) incorporate advanced latch technologies into new vehicle models to comply with safety standards and provide enhanced security features. Automotive door latches have evolved beyond their basic function of keeping doors closed; they now often include electronic components for keyless entry systems and integrated sensors to detect if doors are properly closed, adding convenience and safety for vehicle users.

Additionally, the aftermarket for automotive door latches plays a significant role in driving demand. As vehicles age or undergo repairs, there is a continuous need for replacement door latch components. Consumers in the aftermarket often seek upgraded latch systems that may offer additional features, such as improved anti-theft measures or electronic integration. The aftermarket demand is characterized by a variety of options, including traditional mechanical latches and more advanced electronic latch systems, allowing vehicle owners to customize and enhance the security of their automobiles.

The demand for automotive door latches is also influenced by global trends in vehicle design and manufacturing. With the advent of electric and autonomous vehicles, door latch systems may undergo further transformation to accommodate new vehicle architectures and safety requirements. As vehicle manufacturers continue to explore innovative solutions, the demand for cutting-edge door latch technologies is expected to grow, ensuring that these components remain integral to the overall safety and functionality of modern vehicles.

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marketsizereports · 7 months

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Key Players and Innovations in the Global Automotive Vehicle Access, Anti-Theft and Security Market

The global automotive vehicle access, anti-theft, and security market is a rapidly evolving sector that encompasses a wide range of technologies and solutions aimed at enhancing vehicle security, preventing unauthorized access, and protecting vehicles from theft. Key players in this market are continually innovating to address emerging threats and provide advanced security features.

Buy Full Report for More Insights into the Automotive Vehicle Access, Anti-Theft and Security Market Download A Free Report Sample

Here are some key players and notable innovations in this industry:

Key Players:

Bosch: Bosch is a major player in the automotive security market, offering a wide range of security solutions, including anti-theft systems, immobilizers, keyless entry systems, and vehicle access control technologies. They focus on integrating security with advanced driver assistance systems (ADAS) for enhanced safety.

Continental: Continental is a leading provider of automotive technologies, including vehicle access and security systems. They specialize in developing advanced smart access solutions, biometric authentication, and secure communication for connected vehicles.

Valeo: Valeo is known for its automotive security solutions, including immobilizers, keyless entry systems, and advanced vehicle access technologies. They are actively involved in the development of biometric authentication for vehicle access.

Denso: Denso offers a range of security-related products, including engine immobilizers and keyless entry systems. They are also exploring innovations in secure vehicle communication and cybersecurity solutions.

ZF Friedrichshafen: ZF Friedrichshafen provides various automotive security and access solutions, such as keyless entry systems and smart locking mechanisms. They are working on improving biometric authentication and secure vehicle communication.

Hella: Hella specializes in automotive lighting and electronics. They offer security products like anti-theft alarms and lighting-based security systems designed to deter theft and unauthorized access.

Viper (Directed Electronics): Viper is a well-known brand for aftermarket vehicle security systems. They offer a wide range of security solutions, including alarms, remote start systems, and tracking solutions for enhanced vehicle protection.

Guardian Automotive: Guardian Automotive focuses on security solutions that include window tinting with safety and security features, helping to protect vehicle occupants and contents.

Notable Innovations:

Biometric Authentication: Innovations in biometric authentication, such as fingerprint recognition, facial recognition, and voice authentication, are being explored for vehicle access. These technologies provide a high level of security and user convenience.

Digital Keys: Digital keys, stored on smartphones or wearable devices, are gaining popularity for vehicle access. They offer added security and flexibility, allowing users to share access remotely.

Advanced Immobilization Technologies: Immobilizers are evolving with improved encryption and communication protocols to thwart hacking attempts. Secure communication between keys and immobilizer control units is a key focus.

Connected Vehicle Security: With the rise of connected and autonomous vehicles, there is a growing emphasis on securing communications between vehicles and surrounding infrastructure. This includes V2X communication security and protecting vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) data exchanges.

IoT-Based Security: Internet of Things (IoT) technologies are used to monitor and secure vehicles in real time. IoT sensors can detect unauthorized access or unusual activity and send alerts to vehicle owners or authorities.

Cybersecurity Solutions: As vehicles become more software-intensive, cybersecurity solutions are crucial. Companies are developing intrusion detection systems and over-the-air (OTA) security updates to protect vehicles from cyberattacks.

Blockchain for Vehicle Security: Some companies are exploring blockchain technology to enhance security in connected vehicles by ensuring data integrity and secure communication.

AI-Powered Security: Artificial intelligence is employed to analyze data from sensors and cameras, detecting suspicious behavior around vehicles, such as break-in attempts or thefts.

In conclusion, the global automotive vehicle access, anti-theft, and security market is characterized by continuous innovation as it adapts to emerging technologies and security challenges. Key players are investing in a wide array of solutions to protect vehicles and enhance user convenience, making this industry dynamic and ever-evolving.

#Automotive Vehicle Access #Anti-Theft and Security Market

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cmibloggers · 8 months

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Global Automotive Wiring Harness Market Is Estimated To Witness High Growth Owing To Increasing Vehicle Electrification and Technological Advancements

The global automotive wiring harness market is estimated to be valued at USD 48,614.7 million in 2022 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

The automotive wiring harness is an essential component in modern vehicles, providing electrical power and effective communication between various electronic components. It is designed to efficiently transmit electric power and signals to deliver high performance and reliability. With the increasing focus on vehicle electrification and technological advancements, the demand for automotive wiring harnesses is expected to grow significantly. This market offers a wide range of products associated with different types of vehicles, including passenger cars, commercial vehicles, and electric vehicles.

Market Dynamics:

1. Driver: Increasing Vehicle Electrification The growing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is one of the major drivers for the automotive wiring harness market. The transition from internal combustion engine (ICE) vehicles to electric vehicles requires a sophisticated wiring system to handle high-voltage electrical components. This has created a significant demand for advanced wiring harnesses capable of transmitting electric power efficiently and safely. For example, Tesla's Model S electric vehicle utilizes a complex wiring harness system that connects the battery, electric motors, charging system, and various control units. The increasing sales of EVs and HEVs across the globe are expected to drive the demand for automotive wiring harnesses in the coming years.

2. Trend: Technological Advancements Advancements in technology have led to the development of intelligent wiring harnesses equipped with advanced features and functionalities. These harnesses incorporate sensors, connectors, and integrated circuits to enable real-time data transmission and diagnostics. They enhance the efficiency, safety, and performance of vehicles by providing intelligent connectivity between various electrical components. For instance, Aptiv PLC, one of the major players in the automotive wiring harness market, offers smart architecture solutions that enable high-speed data transfer and communication within vehicles. These advanced harnesses support features such as advanced driver assistance systems (ADAS), infotainment systems, and vehicle-to-vehicle communication.

Market Key Trends:

One key trend in the automotive wiring harness market is the increasing adoption of lightweight and eco-friendly materials. Manufacturers are focused on developing wiring harnesses using lightweight materials such as aluminum and high-strength thermoplastics to reduce vehicle weight and improve fuel efficiency. This trend has gained traction due to the growing environmental concerns and stringent emission regulations imposed by various governments around the world. For example, Yazaki Corporation, a prominent wiring harness manufacturer, offers lightweight aluminum wiring harnesses that provide excellent electrical conductivity while reducing overall vehicle weight.

SWOT Analysis:

Strength: Technological advancements in automotive wiring harnesses, Robust growth in electric and hybrid vehicles

Weakness: High initial investment for advanced wiring harness systems, Complexity of integrating advanced features

Opportunity: Increasing demand for connected cars and autonomous vehicles, Growing aftermarket sales of automotive wiring harnesses

Threats: Intense market competition, Volatility in raw material prices

Key Takeaways:

In paragraph 1, the global automotive wiring harness market is expected to witness high growth, exhibiting a CAGR of 3.3% over the forecast period, due to increasing vehicle electrification. The transition towards electric vehicles and hybrid electric vehicles is driving the demand for advanced wiring harnesses capable of handling high-voltage power transmission.

In paragraph 2, the regional analysis highlights that Asia Pacific is the fastest-growing and dominating region in the automotive wiring harness market. The region is witnessing significant growth in automobile production, particularly in countries like China and India. The presence of major automotive manufacturers, along with favorable government initiatives promoting electric mobility, is boosting the demand for wiring harnesses in the region.

In paragraph 3, the key players operating in the global automotive wiring harness market include Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, and Nexans Autoelectric.

#Coherent Market Insights #Automotive and Transportation #Automotive Wiring Harness Market #Electrical Systems #Vehicle Wiring #Cable Assembly #Automotive Electronics

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delvenservices · 8 months

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Automatic Tire Inflation Market- Comprehensive Research Report

Automatic Tire Inflation Market By Service (Navigation, Operational Data, Remote Diagnostics, Multimedia Streaming, Social Media, OTA updates, On-road assistance, E-call & Sos Assistance, Cybersecurity, Remote Operation, Collision Warning and Others), Hardware (Head Unit, Central Gateway, Intelligent Antenna, Electronic Control Unit, Telematic Control Unit, Keyless Entry System, Sensors), Transponder (Onboard Unit, Roadside Unit), Network (Operational Data, Dedicated Short Range Communication, Cellular) Form (Embedded, Tethered, Integrated), End-Market (Original Equipment Manufacturer (OEM), Aftermarket) Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The global automatic tire inflation market is anticipated to reach USD 1.2 billion by 2020 growing at a CAGR of 8.1% during the forecasting period, 2020-2028.

An automatic tire inflation system is the system that is used for maintaining the proper tire pressure and preventing tire failure. These help in improving the performance and the main aim is for decreasing tire wear and improving the fuel economy. Factors such as rise in fuel economy and rise in safety concerns over vehicles are some of the major factors for the automatic tire inflation market.

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Key Findings

The global automatic tire inflation system market is segmented into type, component, vehicle, and geography.

The type segment is segmented into Central Tire Inflation System, Continuous Tire Inflation System

The component segment is segmented into Air Delivery System, Buffer Tank, Compressor, ECU, Housing, Pressure Sensor, and Rotary Union

The vehicles segment is segmented into On-Highway Vehicle, Off-Highway Vehicle, and Electric Vehicle. On-Highway Vehicle is further segmented into Passenger Car, Commercial Vehicle, Off-Highway Vehicle is further segmented into Agricultural Vehicles, Construction Vehicles. Electric Vehicles is further segmented into Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle, Fuel Cell Electric Vehicle)

Geographically, the global automatic tire inflation system market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Regional Analysis

Europe region is the largest contributor to the augmented intelligence market in the forecast period 2020-2028 and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028

Competitive Landscape

Key players in the global automatic tire inflation market are Wabco, Enpro Industries, Michelin, Goodyear, Dana Incorporated, SAF-Holland, IDEX Corporation, The Boler Company, Airgo Systems, Aperia Technologies, Haltec Corporation, TI Systems, Pressure Systems International, Opladen LLC, Trans Technologies Company, Servitech Industries, Vigia, VELOCITY, Tibus Offroad, Nexter System, Teleflow, Raytech Group, Bigfoot Equipment, Air CTI among others

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Recent Developments

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

In 2019, WABCO has announced to be acquired by the ZF Friedrichshafen which would help both companies to combine their product portfolios which consist of components for vehicle safety and efficiency and serve the OEMs &fleets in the automotive and commercial vehicle industry.

In 2019, SAF-Holland has acquired a major stake in PressureGuard which is engaged in distributing automatic tire pressure management solutions.

Hence, tremendous progress has been made over the last decade and yet a lot more to come in recent years.

Read Related Report:

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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vynzresearchreport · 9 months

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Global Automotive Conformal Coatings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021-2027)

The global automotive conformal coatings market is expected to reach USD 4.2 billion by 2027, from USD 1.7 billion in 2020. The market is growing at a CAGR of 10.2%, driven by the increasing adoption of electronics in vehicles and the development of new technology.

Market Overview

The global automotive conformal coatings market is segmented by material, component, vehicle type, application, and region.

By material: The market is segmented into acrylic, silicone, epoxy, polyurethane, and parylene. Acrylic is the most widely used material, followed by silicone.

By component: The market is segmented into ECU, PCB, sensor, battery casing, LED, and infotainment system. ECUs are the largest application segment, followed by PCBs and sensors.

By vehicle type: The market is segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Passenger vehicles are the largest application segment, followed by light commercial vehicles and heavy commercial vehicles.

By application: The market is segmented into brush coating, dipping, spray coating, selective coating, and vapor deposition. Brush coating is the most widely used application method, followed by dipping and spray coating.

By region: The market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is the largest market for automotive conformal coatings, followed by Europe and North America.

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Key Players

The key players in the global automotive conformal coatings market are:

• Altana Ag • Chase Corporation • CHT Group • Comelec SA • Conins Pune • CSL Silicones Inc • Dawn Tech • Dow • Dymax • Electrolube • H.B. Fuller • Henkel • HZO • Para Tech Coating • Paratronix • Peters Group • Shin-Etsu Chemical • VSI Parylene (Vertical Solutions)

Trends and Opportunities

The global automotive conformal coatings market is expected to witness significant growth in the coming years. This growth will be driven by a number of factors, including:

The increasing adoption of electronics in vehicles

The development of new technology, such as self-driving cars and electric vehicles

The growing demand for conformal coatings in harsh environments

Challenges

The automotive conformal coatings market faces a number of challenges, including:

The high cost of conformal coatings

The complexity of the application process

The need for regular maintenance

Conclusion

The global automotive conformal coatings market is expected to grow significantly in the coming years. This growth will be driven by a number of factors, including the increasing adoption of electronics in vehicles, the development of new technology, and the growing demand for conformal coatings in harsh environments. The key players in the market are major suppliers of conformal coatings to OEMs and aftermarket distributors. The market faces a number of challenges, including the high cost of conformal coatings, the complexity of the application process, and the need for regular maintenance.

About Us:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.

Source: VynZ Research

#Automotive Conformal Coatings #Automotive Conformal Coatings Market

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electronics-system · 10 months

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The automotive electronics market is segmented on the basis of vehicle type, components, application, distribution channel and region. By vehicle type, it is categorized as passenger cars, LCVs and HCVs. On the basis of components, it is categorized into sensors, actuators, processors, microcontrollers, and others. The application segment is divided into ADAS, infotainment, body electronics, safety system, power train and others. Distribution channel in the market is segmented as OEM and aftermarket. Based on region, the market is analyzed across North America, Europe, Asia Pacific and LAMEA.

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efrost · 10 months

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Motor Vehicle Sensor Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2022

Latest Report Available at Advance Market Analytics, “Motor Vehicle Sensor Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.The global Motor Vehicle Sensor market focuses on encompassing major statistical evidence for the Motor Vehicle Sensor industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Motor Vehicle Sensor study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.Some key players in the global Motor Vehicle Sensor market are

Robert Bosch (Germany)

Delphi Automotive (United Kingdom)

Elmos Semiconductor SE (Germany)

Denso Corporation (Japan)

Infineon Technologies (Germany)

Sensata Technologies (United States)

Allegro Microsystems (United States)

Analog Devices (United States)

Elmos Semiconductor (Germany)

CTS Corporation (United States) Sensors are critical components of automobile electronic control systems, and are described as devices that convert physical quantities like pressure or acceleration into output signals that control systems use as inputs. Engine sensors are included into vehicles to ensure that the right quantity of gasoline is delivered at all times. The engine control unit keeps track of a huge number of input sensors. Sensor technology is now widely used in contemporary cars. Sensors improve people's safety on board and on the road, regulate vehicle pollutants, and improve vehicle efficiency. Different types of engine sensors utilised in modern automobiles will be discussed in this article.What's Trending in Market: Emergence of Advance Sensor Technologies with Improved Precision

Challenges: Market Penetration Across New Regions

Technological Limitations

Market Growth Drivers: Increasing Implementation of Alternative Fuel Vehicles

Growing Electric Vehicle Sales

Stringent Safety Regulations

The Global Motor Vehicle Sensor Market segments and Market Data Break Downby Type (Temperature Sensors, Image Sensors, Position Sensors, Pressure Sensors, Others), Application (Powertrain, Chassis, Exhaust, Safety & Control, Body Electronics, Telematics, Others), Vehicle (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), Distribution (Original Equipment Manufacturers (OEMs), Aftermarket)Presented By

AMA Research & Media LLP

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freefartexpert · 10 months

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Automotive Electronics Market to be Worth $361.6 Billion by 2030 - Exclusive Report by Meticulous Research®

Meticulous Research®—a leading global market research company, published a report titled, 'Automotive Electronics Market by Component (ECU, Sensors, ICs), Material (Silicon, Germanium), Application (ADAS, Infotainment Systems), Vehicle Type (ICE, Hybrid, Electric Vehicles, ), Channel (OEMs, Aftermarket), and Geography - Global Forecast to 2030.’

According to the latest publication from Meticulous Research®, the automotive electronics market is projected to reach $361.6 billion by 2030, at a CAGR of 6.7% during the forecast period of 2023 to 2030. The growth of this market is attributed to the surge in vehicle electrification, the increasing need for energy-efficient electronic devices, and the rising demand for safety and control systems. In addition, the growing demand for ADAS & AD and the high demand for adaptive lighting systems in passenger and entry-level SUVs are expected to offer significant opportunities for the growth of this market. However, the high cost of electronic systems hampers the growth of this market. In addition, fluctuating raw material prices is a major challenge to the growth of this market.

The automotive electronics market is segmented by component, material, application, vehicle type, and distribution channel. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5531

Based on component, the automotive electronics market is segmented into electronic control units, sensors, integrated circuits, head-up displays, actuators, IP modules, and other components. In 2023, the electronic control units segment is expected to account for the largest share of the automotive electronics market. This segment's large market share is attributed to increasing demand for technologically advanced vehicles in developed and developing countries, such as hybrid and pure electric cars, rising government regulations pertaining to fuel consumption, and the growing need for better mileage of vehicles by the middle-class population. ECUs are responsible for collecting data from sensors throughout the vehicle and making decisions or executing commands based on that information. They control and coordinate the operation of different systems, ensuring optimal performance, efficiency, and safety.

However, the sensors segment is projected to register the highest CAGR during the forecast period. The high market growth is driven by the rising demand for sensors in hybrid powertrains, growing awareness about reducing vehicles' carbon footprint, and the increasing need to monitor and optimize temperature, pressure, and position for compliance with various emission norms and regulations.

Based on material, the automotive electronics market is segmented into silicon, germanium, and other materials. In 2023, the silicon segment is expected to account for the largest share and is projected to register the highest CAGR during the forecast period. This segment's large market share is attributed to its compact size, powerful and extremely efficient in supporting electromobility, enabling fast recharging, improving battery control, saving energy, and increasing the range of electric cars. Silicon-based integrated circuits play a vital role in automotive electronics. These ICs are fabricated on silicon wafers using semiconductor manufacturing processes. They integrate multiple electronic components, such as transistors, diodes, resistors, and capacitors, onto a single chip. ICs enable the miniaturization, high performance, and complexity required for various automotive applications.

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Based on application, the automotive electronics market is segmented into tire pressure monitoring systems, engine management & powertrain systems, fuel injection systems, infotainment systems, ADAS, body control & comfort, safety, architecture & networking, HVAC systems, autonomous mobility, lighting systems, and other applications. In 2023, the body control & comfort segment is expected to account for the largest share of the automotive electronics market. This segment's large market share is attributed to increasingly stringent engine management requirements for EVs, the rising number of premium comfort features in lower vehicle segments, and the growing deployment of V2V and V2X connectivity technologies.

However, the ADAS segment is projected to register the highest CAGR during the forecast period. The high market growth is driven by the rising collaboration between major automakers, technology companies, and semiconductor manufacturers to develop advanced electronic systems and technologies to support autonomous driving, growing demand for luxury vehicles, and increasing demand for safety & driving comfort features.

Based on vehicle type, the automotive electronics market is segmented into internal combustion engine, hybrid, and electric vehicles. In 2023, the internal combustion engine segment is expected to account for the largest share of the automotive electronics market. ICE engines are more durable and require less maintenance than electric motors, and stringent government norms with respect to fuel efficiency are some of the drivers for the growth of this segment.

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However, the electric vehicles segment is projected to register the highest CAGR during the forecast period. The high market growth in electric vehicles is driven by decreasing prices of batteries, rising environmental concerns, and increasing investments by leading automotive OEMs.

Based on distribution channel, the automotive electronics market is segmented into OEMs and aftermarket. In 2023, the OEMs segment is expected to account for the larger share of the automotive electronics market. However, the aftermarket segment is projected to register the highest CAGR during the forecast period.

Based on geography, the automotive electronics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia- Pacific is expected to account for the largest share of the market and is also expected to grow during the forecast period. The large market share is attributed to increasing demand for EVs, growing number of manufacturers offering numerous advanced automotive electronics in the mobility industry, and incentive programs for EV adopters.

Key Players

The key players operating in the automotive electronics market are Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), Valeo Inc. (France), Continental AG (Germany), Hitachi, Ltd. (Japan), Aptiv PLC (Ireland), Texas Instruments Incorporated (U.S.), STMicroelectronics International N.V. (Switzerland), NXP Semiconductors (Netherlands), ZF Friedrichshafen AG (Germany), Visteon Corporation (U.S.), Advanced Micro Devices, Inc. (U.S.), Magna International Inc. (Canada), DENSO CORPORATION (Japan), and Hyundai Mobis Co., Ltd. (South Korea).

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Key questions answered in the report-

Which are the high-growth market segments based on component, material, application, vehicle type, and distribution channel?

What was the historical market size for automotive electronics?

What are the market forecasts and estimates for the period 2023–2030?

What are the major drivers, restraints, opportunities, and challenges in the automotive electronics market?

Who are the major players, and what shares do they hold in the automotive electronics market?

How is the competitive landscape in the automotive electronics market?

What are the recent developments in the automotive electronics market?

What are the different strategies adopted by the major players in the automotive electronics market?

What are the key geographic trends, and which are the high-growth countries?

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richasinha · 2 months

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Automotive Electronics Market Size 2023 To 2030

'Automotive Electronics Market by Component (ECU, Sensors, ICs), Material (Silicon, Germanium), Application (ADAS, Infotainment Systems), Vehicle Type (ICE, Hybrid, Electric Vehicles, ), Channel (OEMs, Aftermarket), and Geography - Global Forecast to 2030.’