Projected size of the automotive electronics market worldwide 2021-2027

Published by
Martin Placek,
Nov 30, 2023
The global automotive electronics market is projected to grow between 2021 and 2027. While the market was sized at 272.3 billion U.S. dollars in 2021, it is expected to reach the size of 415.6 billion U.S. dollars in 2027.

Projected size of the global automotive electronics market from 2021 to 2027 (in billion U.S. dollars)

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Release date

July 2022

Region

Worldwide

Survey time period

2021

Supplementary notes

* Forecast
This Statista estimate is based on the 2027 values and the compound annual growth rate from 2022 to 2027 of 7%, which were provided by the source. An exponential development of the market was assumed.

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