Skip to main content

Automotive Cockpit Electronics Market Estimated to Expand at a Robust CAGR By 2025

 The automotive cockpit electronics market is being driven by the ever-increasing demand for comfort features and improved safety in the automobiles. Plus, a broad spectrum of sensors is being introduced with amenities for modern-day automotive control.

As such, upgraded vehicle infotainment systems and connected cars are being emphasized on by market players. They are inclusive of Delphi Automotive Plc, Continental AG, Clarion Company Ltd., Visteon Corporation, Robert Bosch GmbH, DENSO Corporation, and Harman International Industries, Inc.

What are the Key Takeaways from automotive cockpit electronics market?

  • Head-up displays hold the largest market share with respect to value and volume due to an extensive demand for luxury and premium passenger cars.
  • By end-market, luxury passenger cars are expected to be the quickest growing sector. As stated above, hoards of OEMs are onto the mode of inclusion of windshield head-up display and high-end infotainment in luxury passenger cars.
  • By type of fuel, the BEVs (battery electric vehicles) are expected to grow at the fastest rate.
  • North America and Europe dominate the market. However, in future, it would be the Asia-Pacific taking the pie. This could be attributed to the rising awareness amongst the people regarding air pollution. Also, companies in countries like Japan, Korea, China, and India are looking forward to make better inroads to automotive cockpit electronics market.


How is the automotive cockpit electronics market structured?

The key players in the automotive cockpit electronics market include Continental AG, Visteon Corporation, Robert Bosch GmbH, Harman International, and Delphi Automotive PLC. As of now, automotive OEMs like General Motors, Volkswagen AG, and Daimler AG employ automotive cockpit electronics.

The players mentioned above are onto the inorganic expansion mode to strengthen their foothold. At the same time, on the organic front, Harman Automotive has its constellation of connected vehicle solutions as well as services for motor vehicle and automotive industries.

Covid-19 Effect on Automotive Cockpit Electronics market

The outbreak of Covid-19 has left almost the entire world in a fix, and automotive cockpit electronics market is no exception. With partial/total lockdowns inflicted all across, the OEMs have curbed the functioning of automotive cockpit electronics as the end-users are also not into full operation. This scenario is likely to continue till mid-2021 (till Covid-19 vaccine would probably be in place).

Analyst’s Viewpoint

“The global automotive cockpit electronics market is expected to go great guns in the wake of battery electric vehicles being in demand. However, to see this market re-flourishing, the Covid-19 phase needs to pass”.

Conclusion

The global automotive cockpit electronics market is expected to witness transition in terms of revenue generation post-Covid-19 era. Till then, sustenance would be needed in the form of strategic planning.

Key Market Players 

Major companies operating in the automotive cockpit electronics market are Robert Bosch GmbH, Visteon Corporation, Alpine Electronics Inc, Panasonic Corporation, Continental AG, Garmin Ltd, DENSO CORPORATION, Harman International Industries Inc, Clarion Company Ltd, Delphi Automotive Plc, among others. These companies are making new investments to improve their technology in order to retain their competitiveness in the industry.

For More Info @ https://www.persistencemarketresearch.com/market-research/automotive-cockpit-electronics-market.asp

Segment Analysis 

Based on the product type, the global automotive cockpit electronics market is segmented into market size and forecast (by value), infotainment & navigation and audio & connectivity. Among these, the market size and forecast is fragmented as information and controls (electronic power assisted steering (EPAS) and tire pressure monitoring systems (TPMS), head-up display). Also, the segment of infotainment and navigation is further bifurcated as rear-seat entertainment and navigation. Moreover, the segment of audio and connectivity is classified as audio systems and wireless systems.

Comments

Post a Comment

Popular posts from this blog

Automotive Filters Market Share and Growth Factors Impact Analysis 2029

 The global automotive filters market is expected to experience significant growth over the forecast period, due to the increasing demand for advanced automotive systems and the rising demand for fuel-efficient and eco-friendly vehicles. Automotive filters are used to remove contaminants, such as dust, dirt, and debris, from the air, oil, and fuel in a vehicle. The market is segmented based on type, vehicle type, and region. Based on type, the market is divided into air filters, oil filters, fuel filters, and others. The air filter segment is expected to dominate the market, due to the increasing demand for advanced air filtration systems in vehicles. Based on vehicle type, the market is classified into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to dominate the market, due to the increasing demand for passenger cars and the increasing adoption of advanced filtration systems in passenger cars. Geogr...
Post a Comment
Read more

Multilayer Ceramic Capacitor (MLCC) Market is Set to Experience Revolutionary Growth by 2032

 The Multilayer Ceramic Capacitor (MLCC) market has experienced remarkable growth over the past few years, driven by the increasing demand for electronic components in various industries. MLCCs are essential passive electronic components used extensively in electronic devices and equipment for their ability to store and discharge electrical energy quickly and efficiently. The market's growth is largely attributed to the rapid advancements in consumer electronics, automotive electronics, telecommunications, and industrial applications. The ever-expanding adoption of smartphones, tablets, wearable devices, and IoT technologies has created a surge in the demand for MLCCs, as they are essential for miniaturizing and enhancing the performance of these devices. Furthermore, the trend towards electric vehicles (EVs) and the growing adoption of advanced driver-assistance systems (ADAS) in automotive applications have significantly fueled the demand for MLCCs. These capacitor...
Post a Comment
Read more

Iris Biometrics Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Iris Biometrics Market stands as a testament to the ever-evolving landscape of biometric technology, offering a unique and highly secure method of identity verification and authentication. The iris, with its intricate and individualistic patterns, has captured the attention of both security experts and technology developers as a reliable means of confirming one's identity. This market has gained prominence across various industries, ranging from border control and law enforcement to access control systems in government institutions, corporate offices, and even consumer devices. The market's growth is fueled by the increasing need for robust identity verification solutions in a world where security breaches and identity theft are becoming more prevalent. Unlike traditional authentication methods such as passwords and PINs, iris biometrics offer a high level of security and accuracy, as the iris pattern is virtually impossible to replicate. The technology prov...
Post a Comment
Read more