Tag Archives: advanced automotive electronics

Report: Explosive growth expected for automotive electronics industry

The global market for advanced automotive electronics is expected to jump 50% to $240 billion by 2020

The display of a Mitac International Corp.’s Magellan SmartGPS in an automobile. Once a luxury item, in-dash navigation is showing up in cheaper cars. That’s one reason the global market for advanced vehicle electronics is booming, according to a new report.