Abstract
Global demand to grow 7.5% annually through 2011
World demand for automotive electronics for original equipment manufacturer
(OEM) use is forecast to advance 7.5 percent per year through 2011 to $145
billion, much more rapidly than light vehicle production itself. The market
for some electronics systems (such as electronic engine controls,
transmissions and fuel injection systems) is maturing in the developed markets
of North America, Western Europe and Japan. In these places, the industry has
entered the next phase of evolution, characterized by strong demand for
safety, entertainment and communications systems.
Both production, demand shifting to developing areas
Growth in emerging markets is being driven by the continued introduction of
electronic systems designed to improve safety, efficiency and emissions
control. Moreover, the transfer of automotive technology from producers in
developed countries is occurring at a much faster pace than in the past,
especially since a lot of automotive electronic products are cheaply
manufactured in developing countries. Consequently, the penetration of modern
comfort, convenience and entertainment related equipment in cars build in
developing countries is not far behind that in developed countries.
The developed nations of the world (led by the world' s three leading light
vehicle producing nations of the United States, Japan and Germany) will
continue to account for the majority of demand for OEM auto electronics in
2006. Nevertheless, the trend by leading automakers to site their vehicle
production operations globally in order to take advantage of faster growing
markets, lower cost labor supplies, reduced transportation costs and more
favorable tariff rates will also increasingly cause a shift in the geographic
distribution of electronics demand -- largely benefitting developing countries.
Study coverage
It presents historical demand data for the years 1996, 2001 and 2006 and
forecasts for 2011 and 2016 by electronic product, world regional market
(e.g., North America, Asia/Pacific, Western Europe) and for 23 countries. The
study also considers market environment factors, reviews technology trends,
details industry structure, evaluates company market share and profiles
leading competitors.
| 
View Cart
