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The Global Automotive Technologies Market is expected to grow by $ 134.06 bn during 2021-2025, decelerating at a CAGR of 11.04% during the forecast period

·3-min read

Global Automotive Technologies Market 2021-2025 Technavio has been monitoring the automotive technologies market and it is poised to grow by $ 134. 06 bn during 2021-2025, decelerating at a CAGR of 11.

New York, Dec. 21, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global Automotive Technologies Market 2021-2025" -
04% during the forecast period. Our report on the automotive technologies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising adoption of ADAS features in vehicles and the increasing adoption of electronics-based driving comfort & safety systems. In addition, the rising adoption of ADAS features in vehicles is anticipated to boost the growth of the market as well.
The automotive technologies market analysis includes the component segment and geographic landscape.

The automotive technologies market is segmented as below:
By Component
• Hardware
• Software
• Services

By Geographical Landscape
• Europe
• North America
• South America

This study identifies the intervention of innovative technologies for advanced UIas one of the prime reasons driving the automotive technologies market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive technologies market covers the following areas:
• Automotive technologies market sizing
• Automotive technologies market forecast
• Automotive technologies market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive technologies market vendors that include Continental AG, DENSo Corp., HELLA GmbH and Co. KGaA, Intel Corp., NVIDIA Corp., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Xilinx Inc., and ZF Friedrichshafen AG. Also, the automotive technologies market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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