North America continues as the largest automotive electronic systems market over the period to 2015
Released on: September 28, 2007, 11:25 am
Press Release Author: Chiaki Sadanaga
Industry: Automotive
Press Release Summary: While North America continues as the largest automotive electronic systems market over the period to 2015, according to the report, the combined proportion of the total market accounted for by China, Eastern Europe, South America and "Rest of the World" is going to increase from 15% to 25% over the forecast period.
Press Release Body: MONTREAL, CANADA. -- ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of its new report entitled \"The Worldwide Market for OEM Automotive Electronic Systems & Semiconductors in Automotive Systems - 2007 Edition\".
This study is ideal for anyone looking for a comprehensive and detailed quantitative analysis of the world OEM automotive electronics market, for it incorporates vehicle manufacturers, Tier 1 suppliers, system suppliers, parts suppliers, software suppliers, component suppliers (e.g. semiconductors, passives, sensors, connectors, switches) as well as investment bankers, Venture Capitalists and other automotive industry watchers.
While North America continues as the largest automotive electronic systems market over the period to 2015, according to the report, the combined proportion of the total market accounted for by China, Eastern Europe, South America and "Rest of the World" is going to increase from 15% to 25% over the forecast period. Overall, the report concludes that Total World market for OEM automotive electronic systems will increase from $129 billion in 2006 to $161 billion in 2015 (CAGR of 2.5%)
Not only does the report reveal the continuous growth in the automotive electronic market, it also offers much more discovery -- for instance, the key findings of the growth of powertrain, which includes the utilization of multiple power sources and non-wheel-based vehicles. In terms of powertrain, the report concludes that "powertrain will continue to have the highest revenue among the market for the automotive electronic systems."
This report also provides market forecasts and analysis of the world market for OEM automotive electronics in eight regions and for 35 systems. Trends in fitment rate, average system selling price (US$) and market revenues are provided for each system in each region from 2006 to 2015. Regional analysis is provided as follows: North America, Western Europe, Japan, South Korea, China, Eastern Europe, South America and Rest of the World.
More information is available in the report \"The Worldwide Market for OEM Automotive Electronic Systems & Semiconductors in Automotive Systems - 2007 Edition\". You can find the report on Electronics.ca Publications Website at: http://automotive.electronics.ca/automotive_electronics.html
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