Automotive electronics comprises of electrically operated systems deployed in vehicles. Electronic fuel injection, airbag, advanced driver assistance and infotainment are some of the areas where automotive electronic systems is primarily used in order to increase the overall efficiency of the combined system. As electric and hybrid vehicles are gaining traction in the market, these systems are likely to become key focus area of electronic system providers. Technological advancements such as electrical active suspensions and power trains for electric vehicles in automotive industry are likely to increase the application areas for power electronic system in automotive sector. Moreover, government safety programs such as New Car Assessment Programs (NCAP) throughout the world are primarily targeting to increase the overall road safety by pushing towards the development and evolution of technologies in order to reduce the impact and likelihood of accidents for example improvement in airbag and stability of control systems. As per estimation, around 40% of on-board components throughout a car are electronic based and this percentage is most likely to increase with improvement in the current regulations governing automotive industry.
Automotive Electronics Market: Drivers and Challenges
Increasing safety concerns leading to advanced safety systems is primarily expected to drive the global automotive electronics market. Moreover, powertrains, wheels, parking assistance, and electrical suspensions are the major application areas most likely to spur the growth of the global automotive electronics market. Also, increasing environmental sustainability plus rising demand of cutting edge infotainment systems will increase the demand for complex electronics systems thereby driving the global automotive electronics market. Protection of complex electronic systems from damaging electrical hazards and stringent government regulation regarding vehicle safety are some of the major challenges facing designers in the automotive electronics industry.
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