The Europe Automotive Electronics Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030).
The increasing popularity of Hybrid Electric Vehicles (HEV) and Electric Vehicles (EV) is also anticipated to increase demand for automotive electronics components. In addition, the alternative replacement of mechanical parts with electronic components, like installing electronic switches in place of a relay, is another way electronics may meet the diverse needs of the automotive sector, thereby improving reliability and reducing the weight of wire harnesses. In addition, technological advances in vehicle safety and government mandates to reduce road accidents are anticipated to increase demand throughout the forecast period. The increasing need for in-car infotainment systems due to their increased efficiency, comfort, and convenience drives the popularity of in-vehicle data storage for facilitating innovative features.
Furthermore, replacing mechanical components with electronic components, like electronic switches instead of relays, is another way electronics can satisfy the diverse needs of the automotive industry while enhancing dependability and lightning wire harnesses. Government regulations are anticipated to prevent traffic accidents, and technological advancements related to in-vehicle safety are also expected to increase demand.
Europe prioritizes vehicle safety and has been at the vanguard of ADAS promotion. The region has mandated that all new vehicles include safety features like automatic emergency braking and adaptive cruise control. These safety requirements necessitate incorporating sophisticated electronics into automobiles to facilitate these features, thus resulting in safer roads and enhancing the driving experience. It is anticipated that these factors will collectively contribute to the expansion of the regional market.
The Germany market dominated the Europe Automotive Electronics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $29,007.7 million by 2030. The UK market is exhibiting a CAGR of 7.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.4% during (2023 - 2030).
Based on Application, the market is segmented into Safety Systems, Powertrain Electronics, Infotainment, ADAS and Body Electronics. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Component, the market is segmented into Current Carrying Devices, Sensors, Electronic Control Unit and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Automotive Electronics Market is Projected to reach USD 470.6 Billion by 2030, at a CAGR of 9.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Robert Bosch GmbH, Sony Corporation, Aptiv PLC, Hyundai Mobis Co., Ltd. (Hyundai Motor), ZF Friedrichshafen AG, Infineon Technologies AG, Magna International, Inc., Aisin Corporation (Toyota Motor Corporation) and Koninklijke Philips N.V.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Safety Systems
- Powertrain Electronics
- Infotainment
- ADAS
- Body Electronics
By Sales Channel
By Component
- Current Carrying Devices
- Sensors
- Electronic Control Unit
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Continental AG
- Robert Bosch GmbH
- Sony Corporation
- Aptiv PLC
- Hyundai Mobis Co., Ltd. (Hyundai Motor)
- ZF Friedrichshafen AG
- Infineon Technologies AG
- Magna International, Inc.
- Aisin Corporation (Toyota Motor Corporation)
- Koninklijke Philips N.V.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Electronics Market, by Application
1.4.2 Europe Automotive Electronics Market, by Sales Channel
1.4.3 Europe Automotive Electronics Market, by Component
1.4.4 Europe Automotive Electronics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Strategies deployed in Automotive Electronics Market
4.3 Porter’s Five Force Analysis
Chapter 5. Europe Automotive Electronics Market by Application
5.1 Europe Safety Systems Market by Country
5.2 Europe Powertrain Electronics Market by Country
5.3 Europe Infotainment Market by Country
5.4 Europe ADAS Market by Country
5.5 Europe Body Electronics Market by Country
Chapter 6. Europe Automotive Electronics Market by Sales Channel
6.1 Europe OEM Market by Country
6.2 Europe Aftermarket Market by Country
Chapter 7. Europe Automotive Electronics Market by Component
7.1 Europe Current Carrying Devices Market by Country
7.2 Europe Sensors Market by Country
7.3 Europe Electronic Control Unit Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Automotive Electronics Market by Country
8.1 Germany Automotive Electronics Market
8.1.1 Germany Automotive Electronics Market by Application
8.1.2 Germany Automotive Electronics Market by Sales Channel
8.1.3 Germany Automotive Electronics Market by Component
8.2 UK Automotive Electronics Market
8.2.1 UK Automotive Electronics Market by Application
8.2.2 UK Automotive Electronics Market by Sales Channel
8.2.3 UK Automotive Electronics Market by Component
8.3 France Automotive Electronics Market
8.3.1 France Automotive Electronics Market by Application
8.3.2 France Automotive Electronics Market by Sales Channel
8.3.3 France Automotive Electronics Market by Component
8.4 Russia Automotive Electronics Market
8.4.1 Russia Automotive Electronics Market by Application
8.4.2 Russia Automotive Electronics Market by Sales Channel
8.4.3 Russia Automotive Electronics Market by Component
8.5 Spain Automotive Electronics Market
8.5.1 Spain Automotive Electronics Market by Application
8.5.2 Spain Automotive Electronics Market by Sales Channel
8.5.3 Spain Automotive Electronics Market by Component
8.6 Italy Automotive Electronics Market
8.6.1 Italy Automotive Electronics Market by Application
8.6.2 Italy Automotive Electronics Market by Sales Channel
8.6.3 Italy Automotive Electronics Market by Component
8.7 Rest of Europe Automotive Electronics Market
8.7.1 Rest of Europe Automotive Electronics Market by Application
8.7.2 Rest of Europe Automotive Electronics Market by Sales Channel
8.7.3 Rest of Europe Automotive Electronics Market by Component
Chapter 9. Company Profiles
9.1 Continental AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Robert Bosch GmbH
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Sony Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Aptiv PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Hyundai Mobis Co., Ltd. (Hyundai Motor)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 ZF Friedrichshafen AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Infineon Technologies AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Magna International, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 Aisin Corporation (Toyota Motor Corporation)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Koninklijke Philips N.V.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis
TABLE 1 Europe Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 2 Europe Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 3 Europe Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 4 Europe Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 5 Europe Safety Systems Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Safety Systems Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Powertrain Electronics Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Powertrain Electronics Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Infotainment Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Infotainment Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe ADAS Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe ADAS Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Body Electronics Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Body Electronics Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 16 Europe Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 17 Europe OEM Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe OEM Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 22 Europe Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 23 Europe Current Carrying Devices Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Current Carrying Devices Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Sensors Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Sensors Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Electronic Control Unit Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Electronic Control Unit Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Automotive Electronics Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Automotive Electronics Market by Country, 2023 - 2030, USD Million
TABLE 33 Germany Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 34 Germany Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 35 Germany Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 36 Germany Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 37 Germany Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 38 Germany Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 39 Germany Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 40 Germany Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 41 UK Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 42 UK Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 43 UK Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 44 UK Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 45 UK Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 46 UK Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 47 UK Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 48 UK Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 49 France Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 50 France Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 51 France Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 52 France Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 53 France Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 54 France Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 55 France Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 56 France Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 57 Russia Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 58 Russia Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 59 Russia Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 60 Russia Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 61 Russia Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 62 Russia Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 63 Russia Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 64 Russia Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 65 Spain Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 66 Spain Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 67 Spain Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 68 Spain Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 69 Spain Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 70 Spain Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 71 Spain Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 72 Spain Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 73 Italy Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 74 Italy Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 75 Italy Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 76 Italy Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 77 Italy Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 78 Italy Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 79 Italy Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 80 Italy Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 81 Rest of Europe Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 85 Rest of Europe Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 88 Rest of Europe Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 89 Key Information – Continental AG
TABLE 90 Key Information – Robert Bosch GmbH
TABLE 91 Key Information – Sony Corporation
TABLE 92 Key Information – Aptiv PLC
TABLE 93 Key Information – Hyundai Mobis Co., Ltd.
TABLE 94 Key Information – ZF Friedrichshafen AG
TABLE 95 Key Information – Infineon Technologies AG
TABLE 96 Key Information – Magna International, Inc.
TABLE 97 Key Information – Aisin Corporation
TABLE 98 Key Information – Koninklijke Philips N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Automotive Electronics Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Automotive Electronics Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Force Analysis: Automotive Electronics Market
FIG 6 Europe Automotive Electronics Market share by Application, 2022
FIG 7 Europe Automotive Electronics Market share by Application, 2030
FIG 8 Europe Automotive Electronics Market by Application, 2019 - 2030, USD Million
FIG 9 Europe Automotive Electronics Market share by Sales Channel, 2022
FIG 10 Europe Automotive Electronics Market share by Sales Channel, 2030
FIG 11 Europe Automotive Electronics Market by Sales Channel, 2019 - 2030, USD Million
FIG 12 Europe Automotive Electronics Market share by Component, 2022
FIG 13 Europe Automotive Electronics Market share by Component, 2030
FIG 14 Europe Automotive Electronics Market by Component, 2019 - 2030, USD Million
FIG 15 Europe Automotive Electronics Market share by Country, 2022
FIG 16 Europe Automotive Electronics Market share by Country, 2030
FIG 17 Europe Automotive Electronics Market by Country, 2019 - 2030, USD Million
FIG 18 Recent strategies and developments: Continental AG
FIG 19 SWOT Analysis: Continental AG
FIG 20 Recent strategies and developments: Robert Bosch GmbH
FIG 21 SWOT Analysis: Robert Bosch GmbH
FIG 22 Swot Analysis: sony corporation
FIG 23 SWOT Analysis: Aptiv PLC
FIG 24 SWOT Analysis: Hyundai Mobis Co., Ltd.
FIG 25 Swot Analysis: ZF Friedrichshafen AG
FIG 26 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 27 SWOT Analysis: Magna International, Inc.
FIG 28 SWOT Analysis: Aisin Corporation
FIG 29 SWOT Analysis: Koninklijke Philips N.V.