KIRKLAND, QUEBEC – In a rebound from depressed 2009 levels, global demand for light vehicle original equipment manufacturer automotive electronics will advance 12.3% annually to $174 billion in 2014, says Electronics.ca Publications.

Beyond the expected recovery from the 2009 recession, automotive electronics demand will find uplift from increasing regulatory pressure and the continued search among automakers for cost-effective ways to differentiate their products.

Safety and security electronics will register the biggest increase through 2014, as more advanced safety features percolate down into mass market vehicles. Powertrain electronics will also experience strong demand, driven by stringent fuel economy and emissions standards in developed markets, particularly the US and Western Europe, according to Electronics.ca.

Communication and navigation electronics systems will see rapid increases, as more OEMs integrate these technologies into vehicles. Instrumentation and comfort, convenience and entertainment electronics will experience lower, but still attractive growth rates, as more emerging market players install these features into vehicles.

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