The Automotive E/E Architecture Market Size was valued at USD 35.6 Bn in 2023 and is predicted to reach USD 62.5 Bn by 2031 at a 7.4% CAGR during the forecast period for 2024-2031.
Automotive E/E Architecture is a category that involves the creation, production, and implantation of electronic and electrical components in automotive. The engine, communication, connection, autonomous vehicles, and machine learning are just some elements that allow automotive E/E designs to operate smoothly. Modern cars' entertainment systems and vehicle evaluation are increasingly dependent on technology. Software acceptance, automatic upgrades, and safety measures require adaptable and scalable E/E systems, which are necessary for this technology-centric strategy. Maintaining safety and dependability becomes increasingly important as cars get more sophisticated technically. To reduce the chance of system breakdowns and improve overall vehicle security, E/E architectures must include backup protections and reliable procedures. As a result, the need for complex E/E architectures is driven by the rising acceptance of electrically powered vehicles and advanced safety features.
However, privacy and security concerns are the primary barriers to the automobile E/E architecture industry. The risk of cyberattacks rises as automobiles become more electronically integrated and networked. Hacking E/E designs could allow hackers to compromise vital operations, possibly resulting in mishaps or stealing private information, raising worries for customer security and confidentiality. In addition, significant technical improvements occur in the automobile sector, and E/E systems may rapidly grow antiquated. Producers run the danger of investing in outdated technology before they can recover their costs, which could result in deficits in their capital and delays. The COVID-19 pandemic significantly affected the global automobile industry since it caused major automakers to suspend manufacturing due to a decline in the popularity of new automobiles and interruptions in the distribution system.
The automotive E/E architecture market is segmented based on vehicle type, propulsion, and component. The market is segmented into passenger and commercial vehicles based on vehicle type. By propulsion, the market is segmented into IC-engine and electric. By component, the market is segmented into hardware and software.
The passenger vehicles automotive E/E architecture is expected to hold a significant global market share in 2023. The demand from customers and popular appeal for passenger vehicles is substantial. Passenger vehicles like crossings, automobiles, and larger vehicles satisfy customer demands. Due to their comfort, adaptability, and versatility, these vehicles drive up demand for automobile gasoline delivery methods.
Hardware makes up the bulk of automotive E/E architecture usage because it is a crucial component of production processes and manufacturing. Hardware innovations from automation technology manufacturers are necessary for any meaningful technical advancement in the sector to be completed and complimented. robotics, visualization technologies, motors and operations, detectors, and other industrial gear are some of the several kinds utilized in automation, especially in countries like the US, Germany, the U.K., China, and India.
The North American automotive E/E architecture market is expected to register the highest market share in revenue in the near future. This can be attributed to the fact that its major vehicle manufacturers and information technology firms are making expenditures in cutting-edge E/E designs to facilitate automated and connected vehicles. In addition, Asia Pacific is projected to grow rapidly in the global automotive E/E architecture market because of the region's rapidly rising acceptance of automated manufacturing facilities techniques, the increasing utilization of automated factories, the introduction of Industries 4.0, and the growth of the automobile sector.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 35.6 Bn |
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Revenue Forecast In 2031 |
USD 62.5 Bn |
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Growth Rate CAGR |
CAGR of 7.4% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Vehicle Type, By Propulsion, By Component, and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Robert Bosch GmbH, Continental AG, Aptiv PLC, ZF Friedrichshafen AG, DENSO Corporation, Panasonic Corporation, Lear Corporation, Veoneer Inc., Magna International Inc., Harman International Industries Inc., and Others. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Automotive E/E Architecture Market-By Vehicle Type
Automotive E/E Architecture Market-By Propulsion
Automotive E/E Architecture Market-By Component
Automotive E/E Architecture Market-By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
