The global automotive software and electrical/electronic component market is expected to be sized at about 362 billion U.S. dollars by 2025. The power electronics segment is anticipated to be the fastest growing segment over the next decade, and be worth about 50 billion U.S. dollars in 2025 and over 80 billion U.S. dollars by 2030.
Global market for automotive software and electrical/electronic components in 2025, by segment
ECU/DCU stands for electronic control units/ domain control units; this segment excludes battery cells; the software segment includes functions, operating systems, and middleware; other electronic components include harnesses, controls, switches, and displays
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McKinsey & Company. (January 6, 2019). Global market for automotive software and electrical/electronic components in 2025, by segment [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1033186/global-automotive-software-electronics-market-size/
McKinsey & Company. "Global market for automotive software and electrical/electronic components in 2025, by segment." Chart. January 6, 2019. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1033186/global-automotive-software-electronics-market-size/
McKinsey & Company. (2019). Global market for automotive software and electrical/electronic components in 2025, by segment. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1033186/global-automotive-software-electronics-market-size/
McKinsey & Company. "Global Market for Automotive Software and Electrical/Electronic Components in 2025, by Segment." Statista, Statista Inc., 6 Jan 2019, https://www.statista.com/statistics/1033186/global-automotive-software-electronics-market-size/
McKinsey & Company, Global market for automotive software and electrical/electronic components in 2025, by segment Statista, https://www.statista.com/statistics/1033186/global-automotive-software-electronics-market-size/ (last visited December 19, 2024)
Global market for automotive software and electrical/electronic components in 2025, by segment [Graph], McKinsey & Company, January 6, 2019. [Online]. Available: https://www.statista.com/statistics/1033186/global-automotive-software-electronics-market-size/