Automotive Electronics Market: Passenger Vehicles Lead with 64.29% Share, While EVs Project 13.21% CAGR to 2030, Says Mordor Intelligence
According to Mordor Intelligence, theautomotive electronics marketis projected to grow from USD 303.41 billion in 2025 to USD 435.58 billion by 2030, reflecting a 7.75% CAGR. Rising electronics per vehicle, tighter safety and emission norms, and fasterEVadoption continue to push demand.Semiconductor'susage now shapes most product cycles, with zonal architectures supporting cost-efficient software updates. Following recent […]