Automotive Cockpit Electronics Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Cockpit Electronics Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Automotive Cockpit Electronics Market Information Report by Product Type (Head-up Display, Information Display, Infotainment & Navigation, Instrument Cluster, Telematics, and Others), Technology Type (Basic and Advanced), End Market (Economic Passenger Car, Luxury Cars, And Mid-Scale Priced Vehicle), Vehicle Type (passenger car and commercial vehicle), and region.
Market Highlights
The automotive cockpit electronics is the display panel that consist of instrument panels, and other controls for the driver to drive safely. The panel displays relevant information on a single large screen so that it does not distract the driver. In the traditional cockpit electronics display, there was not much of the technology involved. There were manual systems such as steering, braking, and traction for assisting the driver. The automotive market has evolved from being conventional to being technology driven. Nowadays, head-up display, advanced infotainment systems, and other have been developed to assist the driver and passenger. The automotive cockpit electronics are developed and manufactured with the OEMs so as to offer continuous innovation in the design and match the needs of the consumers. The cockpit electronics manufacturers are making heavy investments into R&D so as to develop technology to reduce the driving efforts of the drivers. The OEM are also investing in R&D to gain a competitive edge in the market by majorly focusing on system integration and new functionality, which would offer better features to the consumers.
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On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. In Asia Pacific region, there has been an increase in the production of new vehicles in countries such as India, China, and Japan. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, and increasing usage advance technology in the vehicle. Another major reason behind APAC leading the global market is the ability of the countries to sustain the economy during the global economic crisis of 2008-09. The region has been witnessing continued growth in automobile production and sales across the globe. Europe is expected to be the second largest region in the market during the forecast period. In Europe, there has been increase in the ownership of vehicles, due to which cockpit electronics have higher demand. The growing demand for the cockpit electronics in the vehicle, is expected to drive the market in future. In Europe, Germany is expected to have the largest share owing to a large number of passenger and commercial vehicle. This increase in the sale of vehicles has resulted in the growth of the market in future. North America is expected to grow at a steady rate in the automotive cockpit electronics market due to the rising demand for passenger cars. In North America, U.S. is expected to account for the largest market share owing to the presence of major automobile companies. U.S. is considered a matured economy but still the demand for passenger cars, LCV and HCV has increased, substantially, due to the rising immigrants. However, it has resulted in the growth of the market during the forecast period.
Market Segmentation
On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the automotive cockpit electronics market during the forecast period due to the growing demand of vehicle in emerging countries such as India, China, and Japan. The demand for the cockpit electronics module is directly linked with the production of the vehicle. The increase in production of the vehicle, will result in the growing demand for cockpit electronics in the vehicle. Europe is expected to be the second largest region to dominate the market during the forecast period owing to the rise in the ownership of the passenger cars in Europe. Germany is expected to account for the largest market share during the forecast period due to a large number of passenger and commercial vehicle in this region. The increase in the passenger and commercial vehicle, is expected to result in the growth of region in future.
Key Players
The key players in global automotive cockpit electronics are Robert Bosch GmbH (Germany), Continental AG (Germany), Harman International (U.S), Visteon Corporation (U.S), and Delphi Automotive PLC (U.K), Denso Corp. (Japan), Alpine Electronics Inc. (Japan), Johnson Controls (U.S.), IAV (Germany), and Magneti Marelli (Italy).
The automotive cockpit electronics market is segmented based on product type, technology type, end market, vehicle type, and region. On the basis of product type, the market is segmented as HUD, information display, infotainment & navigation, instrument cluster, telematics, and others. The Head-up display segment is expected to dominate the automotive cockpit electronics market during the forecast period due to increase in demand Head-up display in the luxury and premium vehicles. The growing awareness about the safety features of head-up display, is expected to drive the segment in future. On the basis of technology type, advanced cockpit electronics is expected to dominate the market during the forecast period due to the features of advanced systems. Windshield head-up display, advance information display, and advance telematics, are some such systems. On the basis of end market, luxury car segment is expected to dominate the market during the forecast period due to the advance feature developed in the luxury cars. Automotive OEMs are majorly focusing on development of high end infotainment and display system in the luxury vehicle to improve safety and attract more customers. This growing development in the luxury cars is expected to drive the segment in the future.
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Table of content
1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global Automotive Cockpit Electronics Market, By Product Type
6 Global Automotive Cockpit Electronics Market, By Technology Type
7 Global Automotive Cockpit Electronics Market, By End Market
8 Global Automotive Cockpit Electronics Market, By Vehicle Type
9 Global Automotive Cockpit Electronics Market, By Region
10 Competitive Landscape
11 Company Profile
Continued…….
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