The research firm Strategy Analytics predicts that the market for automotive electronics systems will grow from $170 billion in 2011 to $266 billion by 2016 – a compounded average annual growth rate of 9.3%.
The firm’s report, “Automotive Electronics System Demand Forecast 2010 to 2019: Growth in Uncertain Times,” describes growth in hybrid and electric vehicle drivetrains, advanced safety systems, … Read More
BRIC countries, powertrain systems, Automotive Electronics, safety systems, Strategy Analytics