Vehicle electronics could reach 50–55% of car cost by 2030: BCG-ACMA
BCG-ACMA says ADAS, connectivity, infotainment and electrification could lift electronics from 30–35% of vehicle cost in 2020 to 50–55% by 2030, opening a sizeable localisation opportunity for Indian auto-component suppliers. Electricals and electronics represented about 12% of component supply in FY25.
What happened
BCG-ACMA says rising ADAS, connectivity, infotainment and electrification will lift electronics to 50-55% of vehicle cost by 2030, creating a major localisation
Key facts
- Electronics projected to account for 50-55% of a car's cost by 2030
- Electronics accounted for around 30-35% of car cost in 2020
- India's electricals and electronics segment represented around 12% of component supply in FY25
Why this matters
Component companies should target partnerships, acquisitions and technology alliances in automotive electronics to close capability gaps and secure OEM sourcing positions.
Also reported by
- The Hindu BusinessLine — Same time