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The latest report on Automotive Body Electronics Market by Infinium Global Research gives complete coverage of the automotive body electronics market by solutions (central body control, instrument cluster, LIDAR systems, and RKE RF module), body features (windows and door, seating, roof control, wiper, and mirror module, auto HVAC, and remote keyless entry in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and application trends in the regional markets of automotive body electronics such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.

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Increase in Demand for Vehicle Comfort and Increasing Production Drives the Growth of the Automotive Body Electronics Industry

Automotive body electronics contains a wide range of system that provides control functions to implement diagnostics and safety features and manage power. They offer a wide array of power switching & monitoring circuits, sensors, and sensor interface and communication ICs for automobile body electronics. Drivers today are looking for new levels of comfort, safety, efficiency and consumer features in their vehicles.

Central body control systems manage all of the safety, power management, and diagnostic systems on the vehicle. Body electronics systems hold a wide variety of applications, addressing everything from driver and passenger comfort and security to high-performance computing and in-vehicle networking.

An increase in demand for vehicle comfort and increasing production drives the growth of the automotive body electronics market. In addition, government laws regarding pollution and demand for ADAS equipped vehicles are fuelling the growth of the automotive body electronics market. Now a day’s functional safety design support increasingly expected as the OEM’s are looking to optimize seat position, close windows and roof systems based upon input from vehicle sensors.

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Electronics are Likely to Hamper the Growth of the Automotive Body Industry

Furthermore, the reduction in fuel consumption and emissions is increasing rapidly with the introduction of the start-stop system in the vehicle that automatically shuts down and restarts the IC engine reduces fuel consumption. However, malfunctioning of the system and the high cost of the components of body electronics are likely to hamper the growth of the automotive body market. Furthermore, the introduction of the new inbuilt technologies in the car features are anticipated to create several growth opportunities for the key players in the automotive body electronics market. On the other hand, leveraging their technological advantages, many information technology companies have crossed over into the auto industry to promote the informatization and intelligent development of vehicles.

Among the geographies, Asia Pacific dominated the global automotive body electronics market. The growth in the Asia Pacific region is due to the adoption of advanced technologies in countries such as India and China. Moreover, several automotive manufacturers from North America contribute to the economy of the countries through the electronics industry. On the other hand, countries in Latin America such as Brazil are focusing on new technology vehicles.

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Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the automotive body electronics.
  • Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.