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Automotive electronics - billion dollar industry of the future

By Guest Author,

Added 21 September 2015

More and more technological advancements will happen and automotive electronics will play a pivotal role to satisfy all the user requirements. By Ashish Gulati Country Head Telit Wireless Solutions India

Automotive industry plays a major role for any growing economy and also plays an important role in country's rapid economic and industrial development. Indian automotive industry contributes significantly to the overall GDP of the nation and also provides significant business and employment opportunities.

Today's car is already packed with electronics and, has the highest density of electronic components as compared to other consumer machines. A plethora of technologies powers the car today and these technologies fall into three domains: safety & security, infotainment & telematics, and powertrain (engine and transmission, including the other components as they are an integral part of transmission.) fuel economy.

Infotainment and telematics are addressed by technologies that enable smart traffic management, positioning & location-based services, car-to-car and car-to-infrastructure communication and in the future, perhaps autonomous driving. 

The Indian automotive industry is witnessing a phase of rapid transformation and growth, mainly driven by stable economic growth and infrastructure development. Along with the Auto industry the auto components industry is also gearing up to compliment it.

Automotive electronics has gained importance on account of the growing consumer demand for performance, safety, comfort and entertainment. The car of future is also expected to be equipped with even more advanced features that would help prevent accidents, entertain occupants and at the same time is eco-friendly. Automotive companies are also looking to stretch their market by introducing such novel features.

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