Global Automotive Electronic Market

The size of the worldwide carbon fibre market was estimated at USD 3.07 billion in 2022, growing at a CAGR of 11.9% during that time. Carbon atoms having a diameter of five to ten micrometres are used to create carbon fibre. It also goes by the name graphite fibre. These fibres have stronger chemical resistance, … Read more

The need for automotive electronics components is anticipated to increase as hybrid electric vehicles (HEV) and electric vehicles (EV) become more widely used. Additionally, replacing mechanical parts with electronic parts, such as using electronic switches rather than relays, is another way that electronics can meet the diverse needs of the automotive industry while at the … Read more