Global Cockpit Electronics Market


Posted October 17, 2018 by rdagade

Global Cockpit Electronics Market for Automotive is expected to reach US$55.9 Bn by 2024 from US$ 31.44 Bn in 2016 at CAGR of 8.57% (Detailed analysis of the market CAGR is provided in the report).

 
Global Cockpit Electronics Market for automotive (By Product (Head-Up Display, Infotainment Display, Infotainment & Navigation, Instrument Cluster, Telematics, and Others)-By Type (Basic Cockpit Electronics, and Advanced Cockpit Electronics)-By Fuel Type (Battery Electric Vehicle, Internal Combustion Engine, and Others)-By Level Of Autonomous Driving (Conventional, and Semi-Autonomous)-By End Market (Economic Passenger Car, Mid-Priced Passenger Car, and Luxury Passenger Car) –by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America))-to reach US$55.9 Bn by 2024 from US$ 31.44 Bn in 2016 at CAGR of 8.57%

Electronics in automotive industry has increased ease of driving, safety and also vies to provide quality infotainment. Cockpit electronics is a large market and have seen a high growth rate in recent times. This trend in growth for automotive cockpit electronics market for automotive is anticipated to continue over the upcoming years. Rising demand for enhanced user experience and convenience features are trending the overall Cockpit electronics market for automotive. However, high cost of advanced cockpit electronic systems will restrain the market growth.

Head-Up display sub segment is expected to gain the largest market share in forecast period
In terms of product, head-up display sub segment is expected to gain the largest market share in forecast period. Increasing awareness about safety features among consumers is expected to fuel the Head-up Display sub segment growth. Fuel type segment is estimated to experience the significant growth of BEV sub segment. This growth is attributed to increased production of electric vehicles.

Asia-Pacific is going to emerge as one of the higher growth region in forecast period
In terms of region, Asia-Pacific is going to emerge as one of the higher growth region in forecast period followed by North America and Europe. Japan and South Korea’s presence with their technological advancement, tremendous vehicle production and cost effective manufacturing in developing economies like China and India will fuel the Cockpit electronics market for automotive in Asia-Pacific region.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Continental AG, Denso Corp., Alpine Electronics Inc., Delphi Visteon Corp., Bosch Pioneer, Johnson Controls, IAV, Magneti Marelli, Hangsheng Electronics Co., Ltd., Harman International Industries Inc., KPIT Cummins, Panasonic Corp., Nippon Seiki, Visteon Corp., Valeo, and Yazaki Corporation.

Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Cockpit Electronics Market for Automotive. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Cockpit Electronics Market for Automotive. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Cockpit Electronics Market for Automotive positioning of competitors.
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Last Updated October 17, 2018