Automobile Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 - 2027
Automobile Electronics Market is analysed to grow at a CAGR of 22.31% during the forecast 2022-2027 to reach $316.34 billion by 2027. Automobile electronics are typically the electronic control unit of the automotive industry used in vehicles which operate and offer a wide range of applications to enhance the driving experience as well as offer high safety standards to the drivers. Automobile electronics consists of electronic brake distribution, driver assistance, transmission control unit and many other solutions which are designed to offer efficient engine management, ignition, radio, in-car entertainment systems and other solutions, further aims to enhance the driving experience. The earliest applications of electronics in automobiles were due to a fundamental need to control the engine, but the latest trends and advancements reveal how it has evolved to give the most sophisticated driving experience to people owing to its large scale integration with various systems of an a...