World production of automotive electronics will grow 8.4% this year, up from a 6.8% gain in 2013, says Henderson Ventures. The research firm predicts the market will expand 7.7% and 7.5%, respectively, in 2015 and 2016, when the market will exceed $200 billion. The US market will see growth of 6.4% and 5.8%, respectively, in 2014 and 2015, down from 9.6% in 2013. Western Europe will rebound from two straight years of losses to post gains of 2% and 2.9%, respectively, in 2014 and 2015. China and Japan will see the most robust gains. Japan will grow 9.1% and 8.1%, respectively, while China will be up 11.8% and 10.9%.
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