NEWARK, Del, June 30, 2023 (GLOBE NEWSWIRE) — The Automotive Electronics MarketĀ is anticipated to reach US$ 249.653 Billion in 2023 and then increase at a CAGR of 4.6% to US$ 391.43 Billion between 2023 and 2033. The automotive electronics demand increased due to the increased integration and implementation of modern safety systems, including automated airbags, parking assistance systems, emergency braking, and lane departure warning to reduce traffic accidents.
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