The size of the global market for automotive software, electrical and electronic components is projected to double between 2020 and 2030. While the market was sized at some 238 billion U.S. dollars in 2020, it is expected to reach the size of about 469 billion U.S. dollars in 2030.
Size of the automotive software, electrical and electronic (E/E) components market worldwide in 2020, with a forecast for 2025 and 2030, by segment
(in billion U.S. dollars)
Characteristic
Electronic control units (ECUs)/domain control units (DCUs)
Other electronic components**
Sensors
Power electronics (excluding battery cells)
Software (functions, OS, middleware)
Integration, verification, and validation services
E/E stands for electrical and electronic components.
Figures may not sum due to rounding.
* Forecast
** For example, harnesses, controls, switches, displays
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McKinsey & Company. (December 15, 2020). Size of the automotive software, electrical and electronic (E/E) components market worldwide in 2020, with a forecast for 2025 and 2030, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1276187/automotive-software-electrical-and-electronic-components-market-size-worldwide/
McKinsey & Company. "Size of the automotive software, electrical and electronic (E/E) components market worldwide in 2020, with a forecast for 2025 and 2030, by segment (in billion U.S. dollars)." Chart. December 15, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1276187/automotive-software-electrical-and-electronic-components-market-size-worldwide/
McKinsey & Company. (2020). Size of the automotive software, electrical and electronic (E/E) components market worldwide in 2020, with a forecast for 2025 and 2030, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1276187/automotive-software-electrical-and-electronic-components-market-size-worldwide/
McKinsey & Company. "Size of The Automotive Software, Electrical and Electronic (E/E) Components Market Worldwide in 2020, with a Forecast for 2025 and 2030, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Dec 2020, https://www.statista.com/statistics/1276187/automotive-software-electrical-and-electronic-components-market-size-worldwide/
McKinsey & Company, Size of the automotive software, electrical and electronic (E/E) components market worldwide in 2020, with a forecast for 2025 and 2030, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1276187/automotive-software-electrical-and-electronic-components-market-size-worldwide/ (last visited December 30, 2024)
Size of the automotive software, electrical and electronic (E/E) components market worldwide in 2020, with a forecast for 2025 and 2030, by segment (in billion U.S. dollars) [Graph], McKinsey & Company, December 15, 2020. [Online]. Available: https://www.statista.com/statistics/1276187/automotive-software-electrical-and-electronic-components-market-size-worldwide/
