$26.8bn
$X.Xbn
58,886
619
$X.Xbn
Automobile electronics manufacturers produce motor vehicle parts that have or operate with small components that control and direct an electric current. Companies commonly manufacture lighting systems, electrical wiring, electrical control units, sensors, electronic ignition systems and driver displays. Auto electronics manufacturers have faltered through the current period, especially as the pandemic and high interest rates inject uncertainty into consumer markets. Revenue has ebbed at an expected CAGR of 1.6% to $26.8 billion through the current period, despite a 3.1% rebound in 2024, where profit reached 5.8%.
Industry revenue has declined at a CAGR of 1.6 % over the past five years, to reach an estimated $26.8bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Aptiv Plc | 4,464.4 | 271.7 | 6.1 | |
Denso Corp. | 3,879.0 | 124.3 | 3.2 | |
Robert Bosch GmbH | 3,806.0 | 182.4 | 4.8 |
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Industry revenue is measured across several distinct product and services lines, including Vehicular lighting and wiring systems, Information and safety systems and Cranking motors and spark plugs. Vehicular lighting and wiring systems is the largest segment of the Automobile Electronics Manufacturing in the US.
Cars require more complex lighting and wiring systems
This industry manufactures motor vehicle parts that have or operate with the aid of small components that control and direct an electric current. Industry operators include manufacturers of lighting systems, electrical wiring, electrical control units, sensors, electronic ignition systems and driver displays. Manufacturers of electric motors are excluded.
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NAICS 33632 - Automobile Electronics Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Poor economic conditions have created uncertainty in the automotive supply chain. High interest rates and poor consumer confidence have limited new car purchases, decreasing ...
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Manufacturers have created more advanced connectivity, safety and interface technologies to appeal to drivers. Increased demand for these products has spurred revenue growth.
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The Great Lakes region is home to major automakers, including General Motors and Ford, making it the United States’ manufacturing hub. Auto electronics manufacturers make mos...
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Domestic manufacturers have faced intense competition from foreign producers. Low-cost manufacturers in Mexico, China and Honduras have undercut domestic producers.
Learn about the performance of the top companies in the industry.
Aptiv is working on vehicle-to-grid (V2G), a system that lets electric vehicles (EVs) communicate with the public power grid, and provide electricity back to the grid to meet ...
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Companies must meet standards relating to workplace and environmental safety alongside emissions standards. Added regulations have spurred innovation among automobile electro...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Companies have endured volatile conditions through the current period. Supply chain disruptions, rising foreign competition and economic uncertainty have contributed to weak ...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Automobile Electronics Manufacturing in the US industry in United States is $26.8bn in 2024.
There are 619 businesses in the Automobile Electronics Manufacturing in the US industry in United States, which has grown at a CAGR of 2.5 % between 2019 and 2024.
The market size of the Automobile Electronics Manufacturing in the US industry in United States has been declining at a CAGR of 1.6 % between 2019 and 2024.
Over the next five years, the Automobile Electronics Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Automobile Electronics Manufacturing market in United States are Aptiv Plc, Denso Corp. and Robert Bosch GmbH
Vehicular lighting and wiring systems and Information and safety systems are part of the Automobile Electronics Manufacturing in the US industry.
The company holding the most market share in United States is Aptiv Plc.
The level of competition is high and increasing in the Automobile Electronics Manufacturing in the US industry in United States.