Automotive Powertrain Electronics Market Size

Automotive Powertrain Electronics Market size was over USD 64.88 billion in 2024 and is projected to reach USD 182.93 billion by 2037, witnessing around 8.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive powertrain electronics is assessed at USD 69.19 billion. The reason behind the growth is impelled by surge in the demand for automotive electronic components. The demand from consumers for high-end, technologically advanced vehicles with integration and implementation of current safety technologies such as automated airbags, parking assistance systems, and emergency braking, is expected to drive market growth.For instance, electronics are projected to account for about 50% of the cost of the new car by 2030. 

The growing vehicle fleet is believed to fuel the demand for automotive powertrain electronics with research and custom development of advanced electronics used in automobiles to improve its overall performance and longevity.For instance, it was found that the Indian auto industry produced a total of 22,933,000 vehicles in the financial year 2020.