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Automotive electronics cost as a share of total car cost 1970-2030

Electronics systems have vastly improved vehicle safety over the evolution of the car, such as airbags and anti-lock braking systems. In 2030, it is forecasted that on average, electronic systems will account for half of the total price of a new car.

Automotive electronics cost as a percentage of total car cost worldwide from 1970 to 2030

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Source

Release date

April 2019

Region

Worldwide

Survey time period

1970 to 2019

Supplementary notes

* Forecast

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