Automotive Center Stack Market: Introduction
The automotive industry is being rapidly taken over by mechatronics, which has changed the once-conventional machine into an intelligent vehicle that is valuable to drivers and consumers. The need for sophisticated, efficient electronics control modules has grown as a result of their application in the automobile sector. Modern autos feature advanced electronic systems that have improved driving comfort and enjoyment.
Additionally, in today’s automotive market, electronic infotainment systems have evolved into a standard component for both passenger cars and commercial vehicles. One of the biggest drivers for the total global automobile market is anticipated to be the consumer electronics segment.
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Any vehicle’s centre stack is the section with the controls and buttons that is usually mounted or located in the middle of the vehicle, close to the driver’s seat. The controls and instruments in an automobile’s centre stack are used to display information such as temperature, music, the audio system, the heating and cooling system, and other things.
Additionally, original equipment manufacturers have used the automotive centre stack system extensively over the years to improve the aesthetic appeal of the vehicle. Additionally, it is one of the most recent pioneers in achieving product diversity for automobile interiors across various manufacturers.
Dynamics
The automotive center stack market has lot of scope in the research & development department and is coming up with new ideas and innovation. Some key automotive market players, such as Google and Apple are trying to develop driverless cars in which the center stack system will be controlled with voice and gesture controls in the near future, so that comfort is increased to a much higher level.
Now, finding the correct directions while driving is much easier with a voice guiding through car speakers. Also, the automotive center stack market has increased due to development in the telecommunication sector, as smartphones can be directly linked with your automobile.
In the current scenario, all automotive market giants are offering in-built GPS navigation systems and solutions, and music systems in all their cars as basic accessories, which are mounted on the automotive center stack. Increasing standard of living, with high comfort levels has brought the automotive center stack market in great demand, and this market is forecasted to grow even more rapidly in the future.
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Segmentation
By product type
- Touch Screen
- Buttons and Control
By material type
- Plastics and Polymers
- Metal
- Others (Wood)
By sales channel
- Original equipment manufacturer (OEM)
- Aftermarket
By automobile type
- Passenger cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
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Regional Outlook
North America, Europe and the Middle East regions have a higher standard of living with luxurious lifestyles and high disposable incomes, this has led to the growth of automotive center stacks in automobiles.
The people have developed a liking towards infotainment systems in their personal automobiles, thus the automotive center stack market is expected see rapid growth in all developed and developing countries in the future. Emerging economies in the APEJ region, especially India and China, will play an important role in the growth of the automotive center stack market in the coming future.
Market Participants
- Delphi Automotive plc.
- Methode Electronics
- Visteon Corp.
- Magna International Inc.
- Faurecia S.A.
- Hyundai Mobis Co Ltd.
- Alps Electric Co. Ltd.
- Johnson Controls Inc.
- Valeo SA
- Continental AG
- Calsonic Kansei Corp.
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
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Regional analysis includes:
- North America
- Latin America
- Asia Pacific
- Japan
- Western Europe
- Eastern Europe
- Middle East & Africa
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