Automotive Electric System Market
Automotive Electric System Market - Global Industry Assessment & Forecast
#
Pages:
210
2023
Nov - 2024
VMR-VMR-2021-0587
Segments Covered
By
Product Engine Control Systems, Chassis Control Systems, Auto Body Electronic Control Systems, Other Products
-
By
Application Passenger Car, Commercial Vehicle
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 27.03 Billion |
 Revenue 2032:
|
USD 120.71 Billion |
 Revenue CAGR
(2024 - 2032): |
18.09% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Automotive Electric System Market by Product by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Automotive Electric System in terms of revenue?
-
The global Automotive Electric System valued at USD 27.03 Billion in 2023 and is expected to reach USD 120.71 Billion in 2032 growing at a CAGR of 18.09%.
Which are the prominent players in the market?
-
The prominent players in the market are Robert Bosch GmbH (Germany), Denso Corp. (U.S.), Continental AG (Germany), Delphi Technologies (UK), Valeo SA (France), ZF Friedrichshafen AG (Germany), Aptiv (Ireland), Lear Corp. (U.S.), Hitachi Automotive Systems (Japan), Johnson Controls (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 18.09% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive Electric System include
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Automotive Electric System in 2023.
