Tel: +1-518-618-1030 According to a new report published by Transparency Market Research, the connected cockpit multi-domain controller market will record remarkable growth owing to the rise in production of premium vehicles across the globe. The report titled, “Connected Cockpit Multi-domain Controller Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” anticipates that the global market will grow remarkably during the forecast period.
The automotive cockpit controller is used to control all the electronics component of the vehicle. It also helps display information about engine control components, power components, and internal and external lighting of the vehicle. Demand for processing power is increasing in vehicles in order to manage networking technology, infotainment, driver information, and connectivity more efficiently. Due to increase in advance technology in automotive sector the auto manufacturer are smart core combine technology for replacing the number of automotive cockpit. The smart core combine technology consists of instrument cluster, head up display, and advance driver assistance system in the single chip multi-domain controller that can be accessed through an integrated and easy-to-use human machine interaction.
The report anticipates that the government initiatives for electric vehicles are likely to propel the production of electric vehicles, which in turn is anticipated to fuel the demand for connected cockpit multi-domain controller market in the near future. Increasing demand for autonomous and semiautonomous vehicles is expected to propel the utilization of electronic components in vehicles, which in turn is projected to augment the number of sensors employed in vehicles. This, in turn, is likely to propel the connected cockpit multi-domain controller market. The cost of connected cockpit multi-domain controller is very high, which is anticipated to hamper the market.
The report has segmented the global connected cockpit multi-domain controller market based on product, type, vehicle, electric vehicle, sales channel, and region. In terms of product, the connected cockpit multi-domain controller market is split into infotainment & navigation, and six more segments. The infotainment & navigation segment is expected to expand in the near future, in terms of value. Rise in urbanization will complex the road of the city and also increase the traffic in the cities, which in turn is projected to boost the infotainment & navigation segment during the foresting period. On the basis of type, the connected cockpit multi-domain controller market can be classified into advance cockpit multi-domain controller and one more segment. Rise in demand for advanced technology in mid and premium level vehicles is anticipated to propel the demand for advance connected cockpit multi-domain controllers.
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