Automotive Control Panel Market Analysis From 2018 To 2023. Automotive Control Panel Market by Component (Rotary Switch, roof light, Touch Pad, Smart Roof, Locking Function, Side mirror, Door Panel Light, Driver Monitoring Camera, Electric Window and Others), By Control Panel Type (Manual, push button and Touch Screen), By Vehicle Type (Passenger Cars and Commercial Vehicles) and By Region - Forecast To 2023.

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Global Automotive Control Panel Market Highlights:

The global automotive control panel market is being majorly driven by factors such as the increase in the demand for electric vehicles in major parts of the world. This, in turn, would drive the demand for automotive electronic components also control panels with advanced features. The inclusion of advanced control panels in electric vehicles, ensures easy access to the driver for various comfort and convenience features in the automobile. The introduction of stringent government regulations for the reduction of weight of vehicles for reducing carbon dioxide emissions, is also driving the growth of the market. The other factors contributing in the growth of the automotive control panels market are the rapid urbanization, increase in demand for interior comfort, and increase in the sales of luxury cars.

Geographically, the global automotive control panel market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World.  Countries such as China have the existence of a large number of automobile control panel manufacturers in the Asia Pacific region. The region is expected to dominate the global automotive control panel market over the forecast period Original equipment manufacturers in this region are enhancing their technological capabilities and, are thus, able to offer better interior facilities for vehicles. The region also indicates promising growth potential, owing to an increase in comfort and safety levels in premium and luxury cars. The increase in the production of automobiles along with the growing demand for comfort and convenience is also expected to contribute in the growth of the market over the forecast period.

The global automotive control panel market has seen a remarkable growth in the global market and it has been observed that, its demand in future is expected to grow with the CAGR of ~7%.

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