Request Advisory Introduction Everyday advancement in automobile technology and evolving aerodynamic design has enabled us to utilize engine power efficiently and has helped us achieve greater speeds. Automobile at high speed initiates demand for efficient vehicle stability. Brakes are therefore crucial to control vehicle motion and ensure the safety of goods and passengers.
The increasing demand from the automotive market is one of the common reasons for this across-the-board shortage in the electronic components market. The recent technology development and emerging market trends have made automotive the fastest growing domain in the semiconductor market for the next 5 years.
Compared to traditional internal combustion engine vehicle ICEthe value of semiconductor in an electronic vehicle is anticipated to grow 15 times and most of the increase is coming from power semiconductor in the powertrain system. In addition to the powertrain, adoption of advanced driver assistance systems ADAS is another domain that is driving the increase in automotive electronics.
There are four major modules in the ADAS: Within each module, multiple electronic components are required to support each function. For example, an ADAS-enabled vehicle will carry multiple sensors including a long-range radar, mid-range radar front and back, night vision camera, video camera, ultrasound and reserves camera to collect surrounding information.
Finally, the actuation system will execute these actions and reactions through the driver. Take the blind spot detection system, a relatively new and increasingly popular function, as an example. It is expected that a fully autonomous driving vehicle will have up to 7, chips.
Even the low failure rate of 1 parts per million would expose 7 out of cars with a safety risk. A defective MLCC or resistor in a car could cause fatal damage on the road. To achieve such quality standard, great effort and resources need to be considered. Therefore, only the major OCMs with a long history and strong resources can supply automotive-grade electronics.
The enormous growth potential and the high margin of this segment have driven many OCMs to shift their production capacity from regular electronics to auto-graded electronics.
This structural change on the supply side is the main cause for the current shortage market in other areas. Supporting the supply needs of significant sectors such as automotive, is a substantial task that requires extensive expertise and experience which must be taken extremely crucial by a components supplier.
Advanced MP Technology has been supporting OEM and EMS companies in various high-reliability verticals, including the automotive industry, for over 40 years with its strong supply network and high-quality standards.
By utilizing our state-of-art quality system, we can provide the best suitable services to our customers across different verticals.The global automotive electronic device market is expected to reach $19 billion by , with moderate growth over the next five years.
The industry is consolidated with . Automotive electronics comprises of electrically operated systems deployed in vehicles. Electronic fuel injection, airbag, advanced driver assistance and infotainment are some of the areas where automotive electronic systems is primarily used in order to increase the overall efficiency of the combined system.
Global Automotive Electronic Devices Market: Trends and Opportunities The most obvious growth drivers in the global automotive electronic devices market are the burgeoning automobile sector and technological advancements that have resulted in a host of automated electronic devices for a seamless driving grupobittia.comon: State Tower, 90 State Street, Suite , Albany, Automotive Power Electronics Market Global Industry Trends, Size, Share, Sales and Regional Analysis Research Report is a professional and in-depth study on the current state of the Global Automotive Power Electronics industry.
Global Automotive Electronic Devices Market: Trends and Opportunities. The most obvious growth drivers in the global automotive electronic devices market are the burgeoning automobile sector and technological advancements that have resulted in a host of automated electronic devices for a seamless driving grupobittia.comon: State Tower, 90 State Street, Suite , Albany, Global automotive electronics market size grows by % to USD billion in As consumers pay more attention to safety and comfort of the car, the proportion of automotive electronic.