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Automotive Composite Market Size, Trends, Analysis, and Outlook by Fiber (Glass Fiber, Carbon Fiber, Others), Resin (Thermoset, Thermoplastic), Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding, Others), Application (Exterior, Interior, Powertrain & Chassis, Battery Enclosures), Vehicle (Non-electric, Electric), by Country, Segment, and Companies, 2024-2030

April 2024 | 205 pages | ID: A76B2A0653D6EN
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The global Automotive Electric System market size is poised to register 10.08% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Automotive Electric System market by Type (Gasoline Automotive, Diesel Automotive, Hybrid Automotive, Flex Fuel Automotive, Others), Application (Passenger Car, Commercial Vehicle, Others), Component (Sensors, Fuses, Wire Harness, Terminal, Connectors, Others), Sales Channel (OEM, Aftermarket).
The Automotive Electric System Market is poised for significant transformation until 2030, driven by several pivotal trends and drivers. With the automotive industry's accelerating shift toward electrification, connectivity, and autonomy, there's a growing demand for advanced electric systems that power various vehicle functions. This demand is further fueled by stringent emission regulations worldwide, pushing automakers to invest in electric propulsion systems to meet environmental targets. In addition, as consumers increasingly prioritize convenience, safety, and infotainment features, there's a trend toward the integration of smart electric systems that enable features such as electric power steering, advanced driver-assistance systems (ADAS), and infotainment systems with enhanced connectivity and entertainment options. Further, advancements in battery technology, electric motors, and power electronics are anticipated to enable the development of more efficient, reliable, and affordable electric systems, fostering greater adoption of electric vehicles (EVs) across different vehicle segments. Furthermore, the rise of autonomous driving technology is expected to drive demand for sophisticated electric systems capable of supporting autonomous functions such as sensor fusion, perception, and decision-making algorithms. .

Automotive Electric System Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Automotive Electric System market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Automotive Electric System survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Automotive Electric System industry.

Key market trends defining the global Automotive Electric System demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Automotive Electric System Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Automotive Electric System industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Automotive Electric System companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Automotive Electric System industry
Leading Automotive Electric System companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Automotive Electric System companies.

Automotive Electric System Market Study- Strategic Analysis Review
The Automotive Electric System market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Automotive Electric System Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Automotive Electric System industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Automotive Electric System Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Automotive Electric System Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Automotive Electric System market segments. Similarly, Strong end-user demand is encouraging Canadian Automotive Electric System companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Automotive Electric System market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Automotive Electric System Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Automotive Electric System industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Automotive Electric System market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Automotive Electric System Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Automotive Electric System in Asia Pacific. In particular, China, India, and South East Asian Automotive Electric System markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Automotive Electric System Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Automotive Electric System Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Automotive Electric System market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Automotive Electric System.

Automotive Electric System Market Company Profiles
The global Automotive Electric System market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Alps Alpine Co. Ltd, Continental AG, Delphi Technologies PLC, Hella GmbH & Co. KGaA, Lear Corp, Mitsubishi Electric Corp, Robert Bosch GmbH, Tokai Rika Co. Ltd, Valeo SA, ZF Friedrichshafen AG.

Recent Automotive Electric System Market Developments
The global Automotive Electric System market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Automotive Electric System Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Gasoline Automotive
Diesel Automotive
Hybrid Automotive
Flex Fuel Automotive
Others
Application
Passenger Car
Commercial Vehicle
Others
Component
Sensors
Fuses
Wire Harness
Terminal
Connectors
Others
Sales Channel
OEMs (Original Equipment manufacturers)
Aftermarket

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Alps Alpine Co. Ltd
Continental AG
Delphi Technologies PLC
Hella GmbH & Co. KGaA
Lear Corp
Mitsubishi Electric Corp
Robert Bosch GmbH
Tokai Rika Co. Ltd
Valeo SA
ZF Friedrichshafen AG.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Automotive Composite Market Overview and Key Findings, 2024
1.2 Automotive Composite Market Size and Growth Outlook, 2021- 2030
1.3 Automotive Composite Market Growth Opportunities to 2030
1.4 Key Automotive Composite Market Trends and Challenges
  1.4.1 Automotive Composite Market Drivers and Trends
  1.4.2 Automotive Composite Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Automotive Composite Companies

2. AUTOMOTIVE COMPOSITE MARKET SIZE OUTLOOK TO 2030

2.1 Automotive Composite Market Size Outlook, USD Million, 2021- 2030
2.2 Automotive Composite Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. AUTOMOTIVE COMPOSITE MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. AUTOMOTIVE COMPOSITE MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Fiber
Glass Fiber
Carbon Fiber
Others
Resin
Thermoset
Thermoplastic
Manufacturing Process
Compression Molding
Injection Molding
Resin Transfer Molding
Others
Application
Exterior
Interior
Powertrain & Chassis
Battery Enclosures
Vehicle
Non-electric
Electric
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Automotive Composite Market, 2025
5.2 Asia Pacific Automotive Composite Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Automotive Composite Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Automotive Composite Market, 2025
5.5 Europe Automotive Composite Market Size Outlook by Type, 2021- 2030
5.6 Europe Automotive Composite Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Automotive Composite Market, 2025
5.8 North America Automotive Composite Market Size Outlook by Type, 2021- 2030
5.9 North America Automotive Composite Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Automotive Composite Market, 2025
5.11 South America Pacific Automotive Composite Market Size Outlook by Type, 2021- 2030
5.12 South America Automotive Composite Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Automotive Composite Market, 2025
5.14 Middle East Africa Automotive Composite Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Automotive Composite Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Automotive Composite Market Size Outlook and Revenue Growth Forecasts
6.2 US Automotive Composite Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Automotive Composite Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Automotive Composite Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Automotive Composite Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Automotive Composite Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Automotive Composite Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Automotive Composite Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Automotive Composite Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Automotive Composite Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Automotive Composite Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Automotive Composite Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Automotive Composite Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Automotive Composite Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Automotive Composite Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Automotive Composite Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Automotive Composite Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Automotive Composite Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Automotive Composite Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Automotive Composite Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Automotive Composite Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Automotive Composite Industry Drivers and Opportunities

7. AUTOMOTIVE COMPOSITE MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. AUTOMOTIVE COMPOSITE COMPANY PROFILES

8.1 Profiles of Leading Automotive Composite Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Hexcel Corp
Hexion Inc
Huntsman Corp
Mitsubishi Chemical Holdings Corp
Owens Corning
SGL Carbon SE
Solvay SA
Teijin Ltd
Toray Industries Inc
UFP Technologies Inc

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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