Automotive Electronics Market 2030: Asia Pacific's Dominance in Electronic Components The global automotive electronics market was valued at USD 262.60 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2030. A key factor contributing to this growth is the increasing integration of advanced safety systems in vehicles. Technologies such as automatic emergency braking, airbags, parking assistance systems, and lane departure...
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