NEWS: INDUSTRY NEWS

    The future of the automobile shines at electronica 2014

    07/29/2014

    In the future, mobility will to a large extent be influenced by developments in automotive electronics. The latest buzzwords include energy efficiency, electromobility, connected car and autonomous driving. This year, some 1,500 exhibitors will demonstrate these and other topics at electronica 2014 from November 11–14. Experts will also discuss the industry's latest challenges and developments at the automotive Forum and the electronica automotive conference.

    Automotive electronics is one of the most important segments in the market for electronic components. Automobiles already have on-board computers as well as infotainment and assistance systems with a constantly growing range of functions. Electromobility, or the increased networking of automobiles and the development of autonomous driving, could mean additional potential for the industry.

    The economic development agency Germany Trade and Invest expects that global market volume for automotive electronics last year will be worth some 190 billion US dollars. According to a forecast by the German Electrical and Electronic Manufacturers' Association (ZVEI), market volume is expected to increase to more than 430 billion euros by the year 2025.

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