Motor Vehicle Electrical And Electronic Equipment Global Market

Motor Vehicle Electrical And Electronic Equipment Global Market Size, Share & Trends Analysis Report

Motor Vehicle Electrical And Electronic Equipment Global Market Size, Share & Trend Analysis 2029

Published
Report ID : AIMR 227
Number of pages : 200
Published Date : Apr 2023
Category : EV
Delivery Timeline : 48 hrs

Motor Vehicle Electrical And Electronic Equipment Global Market Overview:

The motor vehicle electrical and electronic equipment global market refers to the production and sale of electronic and electrical components and systems that are installed in motor vehicles, including passenger cars, commercial vehicles, and other types of vehicles. The market includes a wide range of products, such as battery management systems, infotainment systems, electronic control units, sensors, and electric power steering systems.

Current Market Size and Market Share:

The global motor vehicle electrical and electronic equipment market is projected to reach ~USD 120 billion by 2025, growing at a CAGR of +5% during the forecast period.

The Asia Pacific region dominated the market, accounting for the largest share of the market in 2020, due to the presence of major automobile manufacturers and increasing demand for electric and hybrid vehicles.

Key Players in the Industry:

The motor vehicle electrical and electronic equipment market is highly competitive and fragmented, with many players operating in the market. Some of the key players in the industry include:

  • Bosch
  • General Motors Corp.
  • DENSO Manufacturing Tennessee
  • Delphi Corp.
  • Hyundai
  • Hella
  • Technitrol Delaware Inc.
  • Ford Motor Co.
  • Technitrol Delaware Inc.

Segmentation:

By Product Type:

  • Lighting Equipment
  • Automatic Voltage and Voltage-Current Regulators
  • Insulated Ignition Wiring Sets
  • Generators For Internal Combustion Engines
  • Spark Plugs for Internal Combustion Other Product Types

By Vehicle Type:

  • Two-Wheelers
  • Passenger Cars
  • Commercial Vehicles

By Vehicle Class:

  • Mid-Priced
  • Luxury

By Regional & Country Level:

  • North America

    • U.S.
    • Canada
  • Europe

    • U.K.
    • France
    • Germany
    • Italy
  • Asia Pacific

    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America

    • Brazil
    • Mexico
  • Middle East and Africa

    • GCC
    • Africa
    • Rest of Middle East and Africa 

Major Trends and Drivers Affecting the Industry:

One of the major trends in the motor vehicle electrical and electronic equipment market is the increasing demand for electric and hybrid vehicles, which require more advanced electrical and electronic systems than traditional gasoline vehicles. This trend is being driven by factors such as government regulations aimed at reducing carbon emissions and increasing consumer awareness of the environmental impact of traditional gasoline vehicles.

Another major trend is the increasing use of advanced driver assistance systems (ADAS) and autonomous driving technologies, which require sophisticated electrical and electronic systems to operate. These technologies are expected to become increasingly common in the coming years, as automakers seek to improve vehicle safety and enhance the driving experience.

Opportunities and Threats in the Industry:

The motor vehicle electrical and electronic equipment market presents several opportunities for growth, including the increasing demand for electric and hybrid vehicles, the growing market for ADAS and autonomous driving technologies, and the increasing demand for connected car technologies. However, the industry also faces several threats, including the risk of supply chain disruptions, increasing competition, and the potential for regulatory changes that could impact demand for certain products.

Regulatory and Legal Issues Affecting the Industry:

The motor vehicle electrical and electronic equipment market is subject to a range of regulatory and legal issues, including regulations related to vehicle safety, emissions standards, and intellectual property protection. In addition, the industry is likely to be impacted by changes in regulations related to data privacy and cybersecurity, as connected car technologies become increasingly common.

Target Demographics and Pricing Trends:

The target demographics of the motor vehicle electrical and electronic equipment market are primarily automotive manufacturers and suppliers. Pricing trends in the industry vary depending on the type of product, with more advanced and sophisticated products typically commanding higher prices. In addition, pricing trends can vary by region, with prices typically higher in developed markets such as North America and Europe compared to emerging markets in Asia and Latin America.

Conclusion:

The motor vehicle electrical and electronic equipment global market is expected to continue to grow in the coming years, driven by increasing demand for electric and hybrid vehicles, ADAS and autonomous driving technologies, and connected car technologies. However, the industry faces several challenges, including increasing competition and the potential for supply chain disruptions and regulatory changes. To succeed in this rapidly evolving market, companies must be able to innovate quickly and adapt to changing market conditions.

VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Product Type:

  • Lighting Equipment
  • Automatic Voltage and Voltage-Current Regulators
  • Insulated Ignition Wiring Sets
  • Generators For Internal Combustion Engines
  • Spark Plugs for Internal Combustion Other Product Types

By Vehicle Type:

  • Two-Wheelers
  • Passenger Cars
  • Commercial Vehicles

By Vehicle Class:

  • Mid-Priced
  • Luxury
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • Bosch
  • General Motors Corp.
  • DENSO Manufacturing Tennessee
  • Delphi Corp.
  • Hyundai
  • Hella
  • Technitrol Delaware Inc.
  • Ford Motor Co.
  • Technitrol Delaware Inc.

+44-1173181773

sales@brandessenceresearch.com

We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination interested? please email us hr@brandessenceresearch.com

JOIN US

LONDON OFFICE

AI® Market Research and Consulting Pvt ltd.

124, City Road, London EC1V 2NX

FOLLOW US

T
F
L
S
Y

© Copyright 2025-26 AI® Market Research and Consulting. All Rights Reserved | Designed by AI® Market

PaymentModes