Automotive Electronics Market: Future Forecast Assessed on the basis of how the Market is Predicted to Grow
Automotive electronics comprise electrically operated systems that are installed in vehicles. Electronic fuel injection, advanced driver assistance, airbag, telematics, and in-car entertainment are the areas where it is deployed in order to increase the overall efficiency. Due to rising safety considerations, technological advancements such as power trains and electrical active suspensions for electric vehicles, Government-driven safety programs such as New Car Assessment Programs (NCAP), the automotive electronics is gaining.
Engine/Energy Management Systems, advanced engine control units, electronic stability programs, driver assistance systems, instrument clusters and infotainment systems, Graphical Interfaces, Vehicle System of Systems in the Internet of Things are the key trenuds in this industry.
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Combined with the explosive acceptance of social networking, perhaps no application will provide a greater potential for interconnectivity, linking smart automobiles, trucks and other vehicles into an Internet of Things capable of optimizing vehicle performance and occupant experience beyond the confines of the passenger compartment. This trend leverages the ability of IC manufacturers to integrate enhanced functionality into more power microprocessors.
However, automotive electronics security is a major concern with increasing vehicular connectivity and system complexity. To address this, industry meets such as Automotive Electronic Systems Innovation Network (AESIN) are striving to create real solutions to secure against cybercrime and hacking.