The Latin America, Middle East and Africa Automotive Electronics Market would witness market growth of 11.0% CAGR during the forecast period (2023-2030).
The development of IoT and AI has altered the functionality of automobile features. It has improved driver engagement with the vehicle and enhanced travel assistance features over the past year. For example, many vehicles have been fitted with cameras and sensors that assist drivers with parking and other proximity features, which is expected to fuel the regional expansion of the sector.
The increasing demand for in-car entertainment systems due to their increased comfort, efficiency, and convenience drives the need for in-vehicle data storage to facilitate sophisticated features. This is one of the most influential factors in the market for in-car infotainment applications. Incorporating advanced technologies like Internet of Things (IoT), artificial intelligence (AI), etc., in vehicles is also anticipated to increase demand for automotive-integrated electronics. The demand for automotive power electronics, vehicle electrical connectors, car audio electronics, and electrical diagnostic instruments is expected to increase significantly.
High society in the United Arab Emirates employs luxury automobiles as prestige symbols. In the UAE, a greater proportion of the population enjoys a higher standard of living than elsewhere. In addition, inhabitants' income in Dubai is not subject to income tax. Consequently, the UAE's market for luxury products, including automobiles, is flourishing. Additionally, consumers in the region are increasingly interested in purchasing vehicles with innovative features, like infotainment systems, ADAS systems, navigation systems, and connectivity options, that fuel the demand for automotive electronics. Consequently, the regional market is anticipated to expand.
The Brazil market dominated the LAMEA Automotive Electronics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,845.6 million by 2030. The Argentina market is showcasing a CAGR of 11.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Automotive Electronics Market, by Application
1.4.2 LAMEA Automotive Electronics Market, by Sales Channel
1.4.3 LAMEA Automotive Electronics Market, by Component
1.4.4 LAMEA 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. LAMEA Automotive Electronics Market by Application
5.1 LAMEA Safety Systems Market by Country
5.2 LAMEA Powertrain Electronics Market by Country
5.3 LAMEA Infotainment Market by Country
5.4 LAMEA ADAS Market by Country
5.5 LAMEA Body Electronics Market by Country
Chapter 6. LAMEA Automotive Electronics Market by Sales Channel
6.1 LAMEA OEM Market by Country
6.2 LAMEA Aftermarket Market by Country
Chapter 7. LAMEA Automotive Electronics Market by Component
7.1 LAMEA Current Carrying Devices Market by Country
7.2 LAMEA Sensors Market by Country
7.3 LAMEA Electronic Control Unit Market by Country
7.4 LAMEA Others Market by Country
Chapter 8. LAMEA Automotive Electronics Market by Country
8.1 Brazil Automotive Electronics Market
8.1.1 Brazil Automotive Electronics Market by Application
8.1.2 Brazil Automotive Electronics Market by Sales Channel
8.1.3 Brazil Automotive Electronics Market by Component
8.2 Argentina Automotive Electronics Market
8.2.1 Argentina Automotive Electronics Market by Application
8.2.2 Argentina Automotive Electronics Market by Sales Channel
8.2.3 Argentina Automotive Electronics Market by Component
8.3 UAE Automotive Electronics Market
8.3.1 UAE Automotive Electronics Market by Application
8.3.2 UAE Automotive Electronics Market by Sales Channel
8.3.3 UAE Automotive Electronics Market by Component
8.4 Saudi Arabia Automotive Electronics Market
8.4.1 Saudi Arabia Automotive Electronics Market by Application
8.4.2 Saudi Arabia Automotive Electronics Market by Sales Channel
8.4.3 Saudi Arabia Automotive Electronics Market by Component
8.5 South Africa Automotive Electronics Market
8.5.1 South Africa Automotive Electronics Market by Application
8.5.2 South Africa Automotive Electronics Market by Sales Channel
8.5.3 South Africa Automotive Electronics Market by Component
8.6 Nigeria Automotive Electronics Market
8.6.1 Nigeria Automotive Electronics Market by Application
8.6.2 Nigeria Automotive Electronics Market by Sales Channel
8.6.3 Nigeria Automotive Electronics Market by Component
8.7 Rest of LAMEA Automotive Electronics Market
8.7.1 Rest of LAMEA Automotive Electronics Market by Application
8.7.2 Rest of LAMEA Automotive Electronics Market by Sales Channel
8.7.3 Rest of LAMEA 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 LAMEA Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 4 LAMEA Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 5 LAMEA Safety Systems Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Safety Systems Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Powertrain Electronics Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Powertrain Electronics Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Infotainment Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Infotainment Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA ADAS Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA ADAS Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Body Electronics Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Body Electronics Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 16 LAMEA Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 17 LAMEA OEM Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA OEM Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Aftermarket Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 22 LAMEA Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 23 LAMEA Current Carrying Devices Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Current Carrying Devices Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Sensors Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Sensors Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Electronic Control Unit Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Electronic Control Unit Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Automotive Electronics Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Automotive Electronics Market by Country, 2023 - 2030, USD Million
TABLE 33 Brazil Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 34 Brazil Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 35 Brazil Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 36 Brazil Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 37 Brazil Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 38 Brazil Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 39 Brazil Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 40 Brazil Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 41 Argentina Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 42 Argentina Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 43 Argentina Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 44 Argentina Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 45 Argentina Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 46 Argentina Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 47 Argentina Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 48 Argentina Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 49 UAE Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 50 UAE Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 51 UAE Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 52 UAE Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 53 UAE Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 54 UAE Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 55 UAE Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 56 UAE Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 65 South Africa Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 66 South Africa Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 67 South Africa Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 68 South Africa Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 69 South Africa Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 70 South Africa Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 71 South Africa Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 72 South Africa Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 73 Nigeria Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 74 Nigeria Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 75 Nigeria Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 76 Nigeria Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 77 Nigeria Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 78 Nigeria Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 79 Nigeria Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 80 Nigeria Automotive Electronics Market by Component, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Automotive Electronics Market, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Automotive Electronics Market, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Automotive Electronics Market by Application, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Automotive Electronics Market by Application, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Automotive Electronics Market by Sales Channel, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Automotive Electronics Market by Sales Channel, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Automotive Electronics Market by Component, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA 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 LAMEA 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 LAMEA Automotive Electronics Market share by Application, 2022
FIG 7 LAMEA Automotive Electronics Market share by Application, 2030
FIG 8 LAMEA Automotive Electronics Market by Application, 2019 - 2030, USD Million
FIG 9 LAMEA Automotive Electronics Market share by Sales Channel, 2022
FIG 10 LAMEA Automotive Electronics Market share by Sales Channel, 2030
FIG 11 LAMEA Automotive Electronics Market by Sales Channel, 2019 - 2030, USD Million
FIG 12 LAMEA Automotive Electronics Market share by Component, 2022
FIG 13 LAMEA Automotive Electronics Market share by Component, 2030
FIG 14 LAMEA Automotive Electronics Market by Component, 2019 - 2030, USD Million
FIG 15 LAMEA Automotive Electronics Market share by Country, 2022
FIG 16 LAMEA Automotive Electronics Market share by Country, 2030
FIG 17 LAMEA 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.