The automotive cockpit electronics market is being driven by the ever-increasing demand for comfort features and improved safety in the automobiles. Plus, a broad spectrum of sensors is being introduced with amenities for modern-day automotive control. As such, upgraded vehicle infotainment systems and connected cars are being emphasized on by market players. They are inclusive of Delphi Automotive Plc, Continental AG, Clarion Company Ltd., Visteon Corporation, Robert Bosch GmbH, DENSO Corporation, and Harman International Industries, Inc.
As per PMR, the global automotive cockpit electronics market will witness a stupendous CAGR between 2020 and 2030.
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FACTS AT A GLANCE
Companies: Continental AG.,DENSO CORPORATION.,Visteon Corporation.,Harman International Industries, Inc.,Alpine Electronics, Inc.,Clarion Company, Ltd.,Panasonic Corporation.,Delphi Automotive Plc,Robert Bosch GmbH.,Garmin, Ltd.,Other
Segments : product type, the global automotive cockpit electronics market is segmented into market size and forecast (by value), infotainment & navigation and audio & connectivity. Among these, the market size and forecast is fragmented as information and controls (electronic power assisted steering (EPAS) and tire pressure monitoring systems (TPMS), head-up display). Also, the segment of infotainment and navigation is further bifurcated as rear-seat entertainment and navigation. Moreover, the segment of audio and connectivity is classified as audio systems and wireless systems.
Geographies: The global automotive cockpit electronics market is segmented into North America, Europe, Asia Pacific, and rest of the world. According to the International Transport Forum of Organization for Economic Cooperation and Development (OECD), the no. of cars plying worldwide is expected to reach 2.5 Bn by the end of 2050.
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ABSTRACT-
With the increasing number of road accidents, vehicle owners are turning towards more automated vehicles. Stringent regulations are leading to the inclusion of advanced features in passenger cars including tire pressure monitoring system (TPMS), electronic stability control, and occupant detection. With the tightening of regulations for the passenger car manufacturers, plenty of opportunity awaits the automotive cockpit electronic companies in the near term.
Persistence Market Research’s recently published report on the global automotive cockpit electronics market provides an extensive assessment of the market, evaluating the growth prospects for a six-year forecast period 2014-2020. It comprises key trends and restraints impacting the overall market growth, recent trends and upcoming opportunities, market segmentation, regional analysis, and key players vying for the leading market position. Starting with an overview of the global automotive cockpit electronics market, the report further analyzes the factors that positively and negatively influence the demand for automotive cockpit electronics. It provides deep insights into why automotive cockpit electronics is expected to gain higher traction in developing markets, and what are the deterring factors that will affect the market growth over the forecast period, 2014-2020. Latest trends and opportunities sections of the report highlight the most valuable data to recognize the most lucrative opportunities for the market growth.
Segmentation of the global market for automotive cockpit electronics focuses on various automotive cockpit electronics product types. The geographical analysis of the global market examines the market status in four key regions viz. Europe, North America, Asia Pacific, and RoW. The market report elaborates on why developing markets may witness robust growth and outpace the long-term leader during the forecast period. The next section of the report includes all the leading companies competing in the market for a leading position. Strong presence of global players and established local brands makes the landscape extremely competitive. The report throws light on the growth pattern, revenues, and upcoming opportunities for each of the players.
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