Automotive Electronics Market 2030 - a USD 645 Billion Revenue Opportunity : Autoliv, Bosch, Broadcom, Altera, AAM - American Axle & Manufacturing, Atmel Corporation
The global automotive electronics market size from passenger cars sector will rise considerably due to the growing technological enhancements like infotainment and comfort systems and driver assistance to provide a better travelling experience to the customers. Moreover, increasing customer spending capabilities and an upsurge in income will escalate the sales of passenger vehicles. Estimates claim that passenger cars segment will hold 85% of automotive electronics market share by 2024.
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