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What is the valuation of the accessories trend in the automotive electronics industry?

Time:2020-10-31

With the popularization of new energy vehicles, ADAS, driverless driving and the Internet of Vehicles in the future, the proportion of automotive electronic switches, sockets, and connectors will continue to increase. The strong growth of automotive electronic components (switches, sockets, connectors) will promote the penetration rate. It is expected that by 2020, the penetration rate of automotive electronics (switches, sockets, connectors) will increase from the current 30% to more than 50% .