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Motor Vehicle Electrical and Electronic Equipment Global Market Report 2020

Motor Vehicle Electrical and Electronic Equipment
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Starting Price : $ 4000.00 | Pages : 150 | Published : February 2020 | SKU CODE : 7327 | Format :


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The motor vehicle electrical and electronic equipment market consists of sales of motor vehicle electrical and electronic equipment and related services used for motor vehicles including cars, buses, motorcycles, off-road vehicles, light trucks, and regular trucks. The electrical and electronic components of motor vehicles include battery, starter and alternator, fans, electric cooling, windshield washer pump, and windshield wiper systems. It also includes equipment that are electrically operated systems built into vehicles such as fuel injection systems, airbags, and advanced driver assistance systems.

Countries covered are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

The global motor vehicle electrical and electronic equipment manufacturing market reached a value of nearly $48.2 billion in 2019, having grown at a compound annual growth rate (CAGR) of 8.72% since 2015, and is expected to grow at a CAGR of 10.05% to nearly $70.7 billion by 2023.

The motor vehicle electrical and electronic equipment market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the motor vehicle electrical and electronic equipment manufacturing market in 2019.

The motor vehicle electrical and electronic equipment market covered in this report is segmented by product type into lighting equipment, automatic voltage and voltage-current regulators, insulated ignition wiring sets, generators for internal combustion engines, spark plugs for internal combustion, others.

The motor vehicle electrical and electronic equipment market is driven by the increase in the demand for safer vehicles installed with electrical and electronic safety equipment to minimize the risk of road accidents. The rise in the number of accidents is a result of reckless driving, over speeding, decline to follow traffic rules, and drunken driving. Electrical and electronic systems such as anti-lock braking systems (ABS) increases the safety of the vehicle by preventing wheels from locking up during a fast braking process. According to the report by WHO in 2018, approximately 1.35 million people die each year as a result of road traffic crashes. In order to lower the risk of such accidents, the United States under the provisions of Federal Motor Vehicle Safety Standard (FMVSS 126), mandated ABS in all passenger cars sold in the U.S. In 2017, the Ministry of Road Transport & Highways (MoRTH) India mandates ABS in all cars sold from 2019. The demand for vehicles that are less prone to accidents holds a positive impact on the growth of the motor vehicle electrical and electronic equipment market.

The risk of life-threatening accidents due to the failure of electrical and electronic equipment in motor vehicles holds a negative impact on the growth of the motor vehicle electrical and equipment market. Any malfunctions with the electrical systems in the vehicles can lead to serious accidents. As reported by the U.S. Department of Transportation’s National Highway Traffic Safety Administration, an agency of the U.S. federal government electrical system failure was the cause of 21% of motor vehicle accidents. In 2014, General Motors recalled 1.6 million vehicles for airbags failing to deploy when ignitions were unintentionally switched off during operation. The risk involved with the failure of electrical and electronic equipment in motor vehicles restricts the growth of the market.

The motor vehicle electrical and electronic equipment manufacturers are investing in improving the electronic sensors used in motor vehicles such as cars, trucks to increase visibility and awareness. Some vehicle sensors include ambient light, battery current, differential oil temperature, door open warning, anti-lock braking system (ABS), auto door lock position, battery temperature, brake power booster. Companies involved in the market are now developing sensors coupled with artificial intelligence and mobile connectivity. For instance, BMW in 2019 launched its BMW natural interaction system that uses voice commands, gesture control, and facial recognition to set temperatures according to preferences of the driver, to open windows through a combination of the driver pointing and giving verbal instruction. The new sensory technology is said to be used in iNext vehicle to be launched in 2021. The improvement in sensor technology marks the latest trend among the companies involved in the motor vehicle electrical and equipment market.

In 2018, LG Electronics, a South Korean multinational electronics company acquired Austrian based ZKW Group for $1.3 billion. In the deal, LG Electronics acquired a 70% stake in ZKW Group while the parent company LG Corp. acquired the remaining 30% stake. Through the acquisition, LG aims to expand its business in the global lighting sector for vehicle components. ZKW Group designs and produces complex premium lighting and electronic modules for international automakers and holds a strong presence in markets throughout Europe in addition to China, Mexico, and the United States.

Major players in the market are Bosch, General Motors Corp., Tennaco, DENSO Manufacturing Tennessee, Delphi Corp, Hyundai, Hella, Technitrol Delaware Inc, Ford Motor Co.and Technitrol Delaware Inc.

1) 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 ; Others

    1. Executive Summary

    2. Motor Vehicle Electrical And Electronic Equipment Market Characteristics

    3. Motor Vehicle Electrical And Electronic Equipment Market Size And Growth

    3.1. Global Motor Vehicle Electrical And Electronic Equipment Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Motor Vehicle Electrical And Electronic Equipment Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Motor Vehicle Electrical And Electronic Equipment Market Segmentation

    4.1. Global Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Lighting Equipment  

    Automatic Voltage And Voltage-Current Regulators

    Insulated Ignition Wiring Sets

    Generators For Internal Combustion Engines

    Spark Plugs For Internal Combustion  

    Others

    5. Motor Vehicle Electrical And Electronic Equipment Market Regional And Country Analysis

    5.1. Global Motor Vehicle Electrical And Electronic Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Motor Vehicle Electrical And Electronic Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Motor Vehicle Electrical And Electronic Equipment Market  

    6.1. Asia-Pacific Motor Vehicle Electrical And Electronic Equipment Market Overview  

    6.2. Asia-Pacific Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Motor Vehicle Electrical And Electronic Equipment Market  

    7.1. China Motor Vehicle Electrical And Electronic Equipment Market Overview  

    7.2. China Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Motor Vehicle Electrical And Electronic Equipment Market  

    8.1. India Motor Vehicle Electrical And Electronic Equipment Market Overview  

    8.2. India Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Motor Vehicle Electrical And Electronic Equipment Market  

    9.1. Japan Motor Vehicle Electrical And Electronic Equipment Market Overview  

    9.2. Japan Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Motor Vehicle Electrical And Electronic Equipment Market  

    10.1. Australia Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Motor Vehicle Electrical And Electronic Equipment Market  

    11.1. Indonesia Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Motor Vehicle Electrical And Electronic Equipment Market  

    12.1. South Korea Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Motor Vehicle Electrical And Electronic Equipment Market  

    13.1. Western Europe Motor Vehicle Electrical And Electronic Equipment Market Overview

    13.2. Western Europe Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Motor Vehicle Electrical And Electronic Equipment Market  

    14.1. UK Motor Vehicle Electrical And Electronic Equipment Market Overview

    14.2. UK Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Motor Vehicle Electrical And Electronic Equipment Market  

    15.1. Germany Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Motor Vehicle Electrical And Electronic Equipment Market  

    16.3. France Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Motor Vehicle Electrical And Electronic Equipment Market  

    17.1. Eastern Europe Motor Vehicle Electrical And Electronic Equipment Market Overview

    17.2. Eastern Europe Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Motor Vehicle Electrical And Electronic Equipment Market  

    18.1. Russia Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Motor Vehicle Electrical And Electronic Equipment Market  

    19.1. North America Motor Vehicle Electrical And Electronic Equipment Market Overview

    19.2. North America Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Motor Vehicle Electrical And Electronic Equipment Market  

    20.1. USA Motor Vehicle Electrical And Electronic Equipment Market Overview

    20.2. USA Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Motor Vehicle Electrical And Electronic Equipment Market  

    21.1. South America Motor Vehicle Electrical And Electronic Equipment Market Overview

    21.2. South America Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Motor Vehicle Electrical And Electronic Equipment Market  

    22.1. Brazil Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Motor Vehicle Electrical And Electronic Equipment Market  

    23.1. Middle East Motor Vehicle Electrical And Electronic Equipment Market Overview

    23.2. Middle East Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Motor Vehicle Electrical And Electronic Equipment Market  

    24.1. Africa Motor Vehicle Electrical And Electronic Equipment Market Overview

    24.2. Africa Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Motor Vehicle Electrical And Electronic Equipment Market Competitive Landscape And Company Profiles

    25.1. Motor Vehicle Electrical And Electronic Equipment Market Competitive Landscape

    25.2. Motor Vehicle Electrical And Electronic Equipment Market Company Profiles

    25.2.1. Bosch

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. General Motors Corp.

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Tennaco

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. DENSO Manufacturing Tennessee

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Delphi Corp

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Motor Vehicle Electrical And Electronic Equipment Market

    27. Motor Vehicle Electrical And Electronic Equipment Market Trends And Strategies

    28. Motor Vehicle Electrical And Electronic Equipment Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Motor Vehicle Electrical And Electronic Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Motor Vehicle Electrical And Electronic Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Asia-Pacific, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: China, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: India, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: Japan, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Australia, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Indonesia, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: South Korea, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Western Europe, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: UK, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Germany, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: France, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Eastern Europe, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Russia, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: North America, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: USA, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: South America, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: Brazil, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Middle East, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Africa, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Bosch Financial Performance
  • Table 26: General Motors Corp. Financial Performance
  • Table 27: Tennaco Financial Performance
  • Table 28: DENSO Manufacturing Tennessee Financial Performance
  • Table 29: Delphi Corp Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Motor Vehicle Electrical And Electronic Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Motor Vehicle Electrical And Electronic Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Asia-Pacific, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: China, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: India, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: Japan, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Australia, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Indonesia, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: South Korea, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Western Europe, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: UK, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Germany, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: France, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Eastern Europe, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Russia, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: North America, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: USA, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: South America, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: Brazil, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Middle East, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Africa, Motor Vehicle Electrical And Electronic Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Bosch Financial Performance
  • Figure 26: General Motors Corp. Financial Performance
  • Figure 27: Tennaco Financial Performance
  • Figure 28: DENSO Manufacturing Tennessee Financial Performance
  • Figure 29: Delphi Corp Financial Performance
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