The global auto electronics market hit a staggering net worth of around 301.2 billion USD in 2022, and this figure goes up every day. However, this means that many automotive electronics manufacturers are popping up to try and have a piece of this pie. Therefore, if you are looking for an automotive electronics manufacturer and go head-first without prior preparation, you will have difficulty finding the perfect one. However, is there a way to filter out various automotive electronics manufacturers until you find the right one for your project? The answer to this question is simply yes. However, to filter the manufacturer, you have to put a lot of things into consideration. For example, how experienced is the manufacturer? Does the manufacturer provide services that suit your needs? And so much more.
Automotive Electronics in a Nutshell
Automotive or auto electronics are simple electronic gadgets that are utilized in various off-road and on-road vehicles, for example:
- Electric cars
- Hybrid cars
- Excavators and so much more
Moreover, these gadgets include engines, telematics, radio, ignition, and entertainment management systems, which help improve the overall efficiency and functionality of a vehicle. Additionally, various features such as diagnostic tools, satellite-controlled gadgets, and anti-lock braking systems help in terms of enhancing driver safety and fuel efficiency. Due to these impeccable benefits, the demand for automotive electronics has been going up rapidly.
As per an analysis carried out by IMARC, renowned automotive electronic manufacturing firms are now investing heavily in R and D (research and development) activities to help generate more efficient electronics and energy storage tech.
Additionally, since the production costs of automotive electronics have gone up, top-tier manufacturers are now procuring various components from specific domestic suppliers based in countries like:
Making this shift as per components procurement is helping the manufacturer reduce the cost of logistics while at the same time avoiding high import duties. However, this shift does not just benefit the manufacturer. It is also highly advantageous to the client. That is because, by procuring high-quality components at lower costs, manufacturers are able to provide high-quality automotive electronics to clients at affordable prices.
Moreover, these top-tier manufacturing companies are also introducing innovative product variations. Using these new product variations, these companies will be able to utilize advanced tech to serve their customers better. For example, Infineon tech launched a new package for its 100 V and 80 V MOSFETs using OptiMOS 5 tech to meet the needs of various 48V applications.
According to experts, the market value of the automotive electronics industry is predicted to hit a staggering 452.0 billion USD by 2028, with the expansion rate of this industry having a CAGR of around 7.4%.
Tips to help you select the Best Automotive Electronics Manufacturer
Choosing the best automotive electronics manufacturer in a market that is full of manufacturers dealing with the same products can be tricky. However, you can utilize the following tips to filter out various manufacturers until you remain with the one that fits your needs:
Identify a Reputable Automotive Electronics Manufacturer
When looking for a manufacturer to deal with your automotive electronics order, you have to significantly consider the manufacturer’s reputation. To measure prestige, you can utilize various factors, which include:
- The financial performance of the organization
- Service and product quality
- Whether or not the organization focuses on the customer
- Management and leadership qualities
- Organizational ethics
Moreover, you should also check on the organization’s digital reputation since this can also help you, as the consumer, make a more reasonable decision.
If you own an automotive assembly shop, then you highly regard this tip. That is because when an organization has an impeccable reputation, customers tend to select them instead of their competitors whenever they need products. Therefore, you should also work with a reputable manufacturer committed to generating high-quality auto electronic products to shield your reputation. Remember, if the manufacturer you are working with does not live up to your expectations, this might negatively affect your clients.
Differentiate between Value and Cost
The terms value and price aren’t interchangeable. Actually, there is a significant difference between these two terms:
- For one, prices are arbitrary
- On the hand, value is perceived benefits over perceived costs.
Therefore, even if you’re looking to reduce your expenses, you shouldn’t compromise the quality of your product by trying to save up more than you should during the production process. It would help if you also kept in mind that, in most cases than not, manufacturers are going to charge you more than the actual price of the electronics product. Moreover, you will also be paying the automotive electronics manufacturer for their services and expertise, which separates them from their competition. Therefore, the value you get when you make your purchase will involve a combination of services, reliability, dedication, and quality offered by your manufacturer.
Before Committing, Gauge the Auto Electronics Quality
When it comes to automotive electronics, quality should be something that you should not overlook. If you own a car assembly shop, quality products boost your business by helping you meet your customer’s expectations. Moreover, they also help you meet various industry standards while at the same time managing your reputation and costs. Consistent quality and reliability create trust among your loyal clients. Therefore, your automotive vehicles should be assembled bearing high-quality automotive electronics and other parts.
On the other hand, quality still comes in handy if you are purchasing electronics for your personal or business vehicles. That’s because quality products serve you more efficiently and are more reliable. Moreover, in case you are trying out a new item, then you should carry out multiple tests on it to test its performance before you purchase it. Good automotive electronics manufacturers display their confidence by showing their previous creations to you and even letting you request various design samples, including your own. And even though some automotive electronics manufacturers charge some money to develop your sample, you can utilize the sample to learn whether or not their product meets your expectations. Therefore, investing in a sample can save you a lot of trouble.
Find an Automotive Electronics Manufacturer that Suits Your Business
When selecting an automotive electronics manufacturer, you are doing much more than simply selecting a manufacturer – you are building a partnership. So, even though your aim is to identify a great manufacturer who can handle your automotive electronics order affordably and efficiently, you may establish strong business relationships, which might lead to you doing more business with this particular manufacturer in the future.
These partnerships are investments to help you all gain collective success, which means they can impact your business tremendously. Therefore, a great automotive electronics manufacturer should seek to build strong partnerships with your company so that you can both succeed in unison.
Top Automotive Electronics Manufacturers in the Market
There are so many organizations offering automotive electronics services, and therefore, pinpointing the right one can be a challenging task. However, using the tips above, you can narrow your search and speed up your search. Moreover, to make your work easier, we have generated a list of the top auto electronics manufacturing organizations in the market today. These organizations include:
Omron Corp has been in the industry for quite some time now. Initially, this company was known as the Tateisi Electronics Manufacturing Company. However, after a while, the company changed its name to Omron Corp, and now it is among the top manufacturing companies that deal with:
- Manufacturing industrial automation
- Producing mechanical and electronic components
- Manufacturing healthcare equipment
The organization’s mechanical and electronic components business offers components/units, sensors, switches, and relays for amusement gadgets. Currently, this company has over 30,000 employees and serves multiple customers in over 120 countries worldwide. Therefore, this organization has the workforce and the technology to handle your automotive electronics order.
Robert Bosch GmbH
The Robert Bosch GmbH organization, commonly called Bosch, is one of the most renowned suppliers of services and technology worldwide. Moreover, this company mainly operates in 4 separate segments, namely:
- Building and energy technology
- Consumer goods
- Industrial technology
- Mobility solutions
Additionally, this company offers pretty innovative solutions for connected mobility, industries, and smart homes. Moreover, Bosch utilizes its expertise and excellent knowledge in tech to provide various services to its clients, such as:
- Services that involve sensor technology
- Software services
- Services that involve IoT (the Internet of Things)
Moreover, this company strives to provide its clients with cross-domain and connected solutions from one source. Currently, this organization owns over 440 subsidiaries and regional companies in over 60 countries worldwide. Additionally, recently, Bosch designed an HVLR (High Voltage Laboratory Rig) that is utilized to test out the power electronics of various electric vehicles efficiently.
The company was established in 1886. Therefore, it has years of experience in the industry. You can hence entrust them with your automotive electronics order anytime. They never disappoint.
Infineon tech is an impeccable company established in 1999 that deals with the designing, manufacturing, and marketing semiconductors and other related solutions. Moreover, this company also functions in four separate segments, namely:
- Secure management systems
- Power sensors
- Industrial power
Moreover, this company also manufactures items such as:
- Security products
- Power train
- Comfort electronics
- Integrated circuits
- Radar sensors
- Industrial microcontrollers
- IGBT modules
- Discrete power semiconductors
- Automotive microcontrollers
Moreover, as of now, this organization is investing heavily in R and D (research and development) to help them launch innovative and more efficient product variations.
HGM Auto Electronics
HGM Auto Electronics is an STC (specialty transmission controller) manufacturing company that deals with the manufacturing and supplying of advanced electronics systems which are meant for auto aftermarket use. Moreover, this company is also famous due to the controller systems that they design, which help facilitate auto transmission in various automobiles. Additionally, HGM is also renowned because of its flagship product known as the COMPUSHIFT. Generally, COMPUSHIFT involves a range of high-tech transmission controllers that have become the most popular standalone auto transmission controllers across the globe. Furthermore, as per the 21st century, this company offers its customized aftermarket and auto electronics products in North America. Therefore, you can try them out. They never disappoint.
Hitachi Limited is a famous multinational company that deals in the manufacturing and selling of:
- Telecommunication and information
- Eco-friendly systems
- Smart life
- Social infrastructure
As of now, this company has over 30,000 employees serving various customers across the transportation, energy, government, life science, healthcare, finance, communication, and manufacturing industries.
Delta is a famous manufacturing company that hit the market back in 1971. The company is renowned for its thermal and power management solutions. Moreover, this company undertakes business through three primary business segments which are:
- Power Electronics
Moreover, it mainly participates in the development, research, sale, manufacture, and design of the following:
- Consumer electronic products
- Healthcare devices
- Electronic control systems
- Digital displays
- Industrial automation
- Energy tech services
- Energy saving lighting
- Field gadgets
Presently, this company sells its goods across Europe, Asia Pacific, and North America. Therefore, you can explore this company for your auto-electronic needs if you are within this area.
Atotech is a popular international specialty equipment and chemicals manufacturing company that was established back in 1993. It offers various gadgets to organizations that deal with the production of the following components:
- IC substrates
- Printed Circuit Boards
Moreover, this company also provide specialty equipment and chemical for functional and decorative surface finishes in the furniture, construction, automotive, and other sectors. Additionally, this company deals with two main business units:
- General metal finishes
Besides this, atotech has multiple production units, service and sales sites, and tech centers in more than 40 countries, which include:
- The USA
- Korea et cetera
The automotive electronics industry is, without a doubt, a booming industry. However, even though this is advantageous, it also means that there are multiple manufacturers trying their luck in this sector. Therefore, without the proper guidance, you may likely select a manufacturer that is not up to your standards. However, if you follow the guidelines in this article, you will have your perfect automotive electronics manufacturer in no time.