Automotive Cockpit Electronics Market 2020 Growth Probability, Key Vendors and Future Scenario Up To 2027
September 30, 2020
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Sep 30, 2020 (Profound via COMTEX) —
The global Automotive Cockpit Electronics market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 9% throughout the estimate period from 2020 to 2027.
Automotive cockpit electronics consists of the instrument panel, and other controls that enable the driver to drive the vehicle. The instrument panel is used to display relevant information on single large display to make it easier for the driver to ride the vehicle. In traditional form, there were self-contained systems that included steering, braking, traction, and other. Various technologies such as integrated infotainment, and driver assistance system (ADAS) have evolved now, and are part of automotive cockpit electronics industry.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Automotive Cockpit Electronics market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Automotive Cockpit Electronics market growth.
The global Automotive Cockpit Electronics market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
The key players in global automotive cockpit electronics are Robert Bosch GmbH (Germany), Continental AG (Germany), Harman International (U.S), Visteon Corporation (U.S), and Delphi Automotive PLC (U.K), Denso Corp. (Japan), Alpine Electronics Inc. (Japan), Johnson Controls (U.S.), IAV (Germany), and Magneti Marelli (Italy).
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
The automotive cockpit electronics market is segmented based on product type, technology type, end market, vehicle type, and region. On the basis of product type, the market is segmented as HUD, information display, infotainment amp; navigation, instrument cluster, telematics, and others. The Head-up display segment is expected to dominate the automotive cockpit electronics market during the forecast period due to increase in demand Head-up display in the luxury and premium vehicles. The growing awareness about the safety features of head-up display, is expected to drive the segment in future. On the basis of technology type, advanced cockpit electronics is expected to dominate the market during the forecast period due to the features of advanced systems. Windshield head-up display, advance information display, and advance telematics, are some such systems. On the basis of end market, luxury car segment is expected to dominate the market during the forecast period due to the advance feature developed in the luxury cars. Automotive OEMs are majorly focusing on development of high end infotainment and display system in the luxury vehicle to improve safety and attract more customers. This growing development in the luxury cars is expected to drive the segment in the future.
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