The automotive electronics market continues to expand under the trend of "electrification, connectivity, and intelligence" in the automotive industry. In 2024, the size of China's automotive electronics market was approximately RMB 1,217.4 billion, and it is expected to exceed RMB 1,500 billion in 2026, with an estimated compound annual growth rate of approximately 6.12%. In 2024, the global automotive electronics market size was approximately USD 283.8 billion, representing a year-on-year growth of 8.6%.
The proportion of automotive electronics in the total vehicle manufacturing cost is steadily increasing and is expected to reach approximately 50% by 2030 . In new energy vehicles, this proportion is even higher, reaching 47%-65%.
From the perspective of market segments, power control systems, chassis and safety control systems, body electronics, and in-vehicle electronics are the main areas. Among them, power control systems account for 28.7% of the overall market, chassis and safety control systems account for 26.7%, body electronics account for 22.8%, and in-vehicle electronics account for 21.8%. Leveraging its strong electronics manufacturing base, the Pearl River Delta region of China has demonstrated outstanding performance in areas such as automotive electronics and intelligent driving systems.
Globally, international giants (such as Bosch, Continental, and Denso) still dominate the market. Domestically, as local companies mature their technologies, a few Chinese automotive electronics companies are gradually increasing their market share through continuous R&D and innovation.
To meet the high reliability and rapid iteration demands of automotive electronics products, the application of intelligent manufacturing solutions is accelerating. In 2025, the market size of my country's automotive electronics intelligent manufacturing solutions industry reached 90.36 billion yuan, with flexible, digital, and intelligent production becoming important development trends.
