Strategy AnalyTIcs Automotive Electronics Service Report: "2011-2020 Automotive Electronics Market Demand Forecast: Global Growth Despite Europe's Sluggishness," the forecast points out that the automotive electronics market will continue to grow despite the difficult times faced by some automakers.

The continuing fiscal crisis in many economies-especially in Europe-means that growth in 2013 is expected to be only 5%. Growth will be expected to pick up afterwards, as the demand for emerging economies and the government and consumer demand for cleaner and safer vehicles will help drive the automotive electronics market.

Global Automotive Research Director Ian Riches believes: "This growth will be unevenly distributed," meanwhile, he added: "The growth in North America, Japan, South Korea and Europe will be lower than the global average, but demand in the Indian market is expected to drive The longest growth. "

Chris Webber, vice president of global automotive research, said: "The strong growth in emerging markets drives the growth of automobile production and more electronic content." Then he added: "In mature markets, most of the growth is concentrated on high-tech solutions such as electric vehicles , Hybrid cars and advanced safety systems. "

New energy vehicles are expected to drive continued growth in the automotive electronics market

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