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(Transportation-News.com, January 19, 2017 ) Under the hood electronics include anti-lock braking systems, ECU control units, electronic fuel injection system, and automated locking systems, among others. In other words, all the mechanical functions of vehicles, which are controlled by electronics or transformed to electronic functionality, are included in engine control components. The automotive industry has witnessed a structural shift in the form of transformation of mechanical operation into an electrical mechanism to achieve higher fuel efficiency and performance. For instance, fuel injection was a mechanically operated component in the past. However, modern vehicles are equipped with electronic fuel injectors that are controlled by an ECU. These electronic components are exposed to a high temperature ranging from 257F to 302F when mounted to the engine itself.
Technavios analysts forecast the global automotive under-the-hood electronics market to grow at a CAGR of 10.89% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive under-the-hood electronics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the overall automotive electronics applications.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global Automotive Under-the-hood Electronics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Bosch Continental Denso Delphi Hitachi
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Other prominent vendors Hyundai KEFICO Infineon Technologies NGK Spark Plug Panasonic Stoneridge
Market driver Electrification of automotive mechanics For a full, detailed list, view our report
Market challenge Rising cost pressure from demand side For a full, detailed list, view our report
Market trend Adoption of autonomous vehicle concept by automotive electronics industry For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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Source: EmailWire.Com
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