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Growing Complexity of the Electrical Anatomy of a Car Lays the Foundation for the Growth of Automotive Electrical Products

Published: October 2017


  • Code: MCP-1009
  • Pages: 429
  • Tables: 105
  • Companies: 214


The global market for Automotive Electrical Products is forecast to reach US$90.5 billion by 2022, driven by the growing complexity of vehicle electrical systems as a result of increased integration of in-car entertainment and communication systems, engine electronics and advanced safety and driver assistance systems. The market is also benefiting from the migration of engineering design concepts from conventional hydraulic technology to electrically powered components for lower energy consumption. Standing testimony to the trend is the rise of X by Wire technologies such as electric power steering; electromechanical brakes; electrical HVAC systems; electromagnetic valve trains; integrated starter-generators and electronic ride control systems, among others. Asia-Pacific represents the largest and the fastest growing market worldwide, led by factors such as stable GDP growth, growing disposable income, rise in per capita car ownership, the growing trend towards automobile "electronification", increase in average operating life of a vehicle and the ensuing frequency of electrical upgrades in the aftermarket, and rise of Asian countries as manufacturing hubs for automobile parts and components including electrical products. 

    Summary of Findings

  • Explosion of Electronics in Vehicles Throws the Spotlight on Automotive Electrical System such as Circuits, Wiring Harness and Systems
  • Rise in X By Wire Technologies Spurs the Popularity of Multiplex Wiring Systems
  • Growing Focus on Hybrid and Electric Vehicles Opens New Opportunities for Auto Electrical Products
  • Expanding Vehicle PARC and Longer Service Life of Vehicles Drive Opportunities in the Aftermarket
  • Projected Rise in Passenger Car Production Benefits Demand for Automotive Electrical Products in the OEM Market

    Timeline for Analysis

  • Market Estimates and Forecasts for 2015-2022
  • Historic Review 2009-2014

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World

    Market Segmentation & Classification

  • Product Segments:
    • Automotive Batteries, Automotive Connectors, Alternators & Starters, Ignition Systems and Parts, Lighting Equipment, and Others.


  • Automotive Lighting Reutlingen GmbH
  • BBB Industries LLC
  • Continental AG
  • Delphi Automotive PLC
  • Denso Corporation
  • East Penn Manufacturing Company, Inc


  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable

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