Automotive

The global automotive electronics market size was valued at USD 230.28 billion in 2018 and is anticipated to expand further at a CAGR of 8.7% during the forecast years.

OEMs are investing heavily in R&D to develop high-performance products at reasonable cost and are focusing more on energy storage technology. Moreover, the current class of manufacturers have become more reliant on electronics, enabling them to provide high level of safety. In 2010, electronics accounted for around 35% of the total vehicle cost. However, over the next two decades and with the ongoing technological advances, automotive electronics is expected to account for around 50% of the total vehicle cost.

In this highly dynamic market, BeLink Solutions provides  R&D and/or Manufacturing services as Tier 1 and Tier 2 partner.