The U.S. Automobile Electronic Market size was valued at USD 114.4 billion in 2023. It is likely to grow up to USD 148.3 billion by 2030 at a CAGR of 9.8% during the forecast period ranging between 2025 and 2030.
One of the factors propelling the two-wheeler logistics industry is the expansion of e-commerce and online shopping platforms, since these vehicles provide affordable last-mile delivery options. Additionally, the industry is being further stimulated by the growing popularity of electric two-wheelers. In crowded places, these two-wheelers provide a practical and effective means of parking and navigating traffic. In order to increase its reach and provide smooth multi-modal travel options, bike sharing is becoming more and more linked into public transportation networks.
Browse market data Tables and Figures spread through 92 Pages and in-depth TOC on U.S. Automobile Electronic Market By Capacity Type (32-Bit Microcontrollers and 64-Bit Microcontrollers), By Component (Electronic Control Units (ECUs), Sensors and Power Electronics), By Application (Powertrain Control, Safety Systems and Infotainment) and By Geography (U.S) - Forecast from 2025 to 2030.
Segment / Key Players |
Categorization |
Capacity Type |
32-Bit Microcontrollers and 64-Bit Microcontrollers |
Components |
Electronic Control Units (ECUs), Sensors and Power Electronics |
Application |
Powertrain Control, Safety Systems and Infotainment |
Key Players |
Tesla, Magna, Visteon, Bosch, Ford and General Motors |
By capacity type, 32-Bit microcontrollers dominated the U.S. automobile electronic market.
The 32-Bit Microcontrollers is into high demand today due to its superior performance and capabilities.
"Midwest region of U.S dominated the U.S. automobile electronic market."
Midwest regions dominate the U.S. Automobile Electronic Market as these regions are heavily involved in manufacturing and research and development of the technologies.
Some of the major players in this market are Tesla, Magna, Visteon, Bosch, Ford and General Motors
Recent developments by the key players
Magna which is a global leader in mobility technology collaborated with NVIDIA to integrate the NVIDIA DRIVE AGX platform within the company’s next generation of advanced technology solutions. This shall help Magna enable cutting-edge AI and varying levels of autonomous driving (AD) and interior cabin applications.
U.S. Automobile Electronic Market coverage (By Value)
Geographical Segmentation
U.S. Automobile Electronic Market by Region