DUBLIN, July 12, 2023 /PRNewswire/ — The “Automotive Cockpit Electronics: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Automotive Cockpit Electronics estimated at US$28.6 Billion in the year 2022, is projected to reach a revised size of US$54 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030.
Infotainment & Navigation, one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$18.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Information Display segment is readjusted to a revised 8.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 9.7% CAGR
The Automotive Cockpit Electronics market in the U.S. is estimated at US$7.9 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$11.1 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 7.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.
Select Competitors (Total 45 Featured) –
- Alps Alpine Co., Ltd.
- Aptiv plc
- Continental AG
- DENSO Corporation
- Faurecia Clarion Electronics Co., Ltd.
- Ford Motor Company
- Garmin Ltd.
- Harman International Industries, Inc.
- IAV GmbH
- Magneti Marelli S.p.A.
- Nippon Seiki Co., Ltd.
- Panasonic Corporation
- Robert Bosch GmbH
- TomTom International BV.
- Visteon Corporation
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Automotive Cockpit Electronics – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Impact of the Pandemic on the Automotive Industry
- An Introduction to Automotive Electronics
- Automotive Cockpit Electronics: Moving Automotive Space Forward with Greater Safety & Driving Experience
- Factors Favoring Adoption of Automotive Cockpit Electronics
- Global Automotive Cockpit Electronics Market Fastens Seat Belt for a Long Journey
- Salient Drivers Stoking Growth of Automotive Cockpit Electronics Market
- COVID-19 Potholes Give a Bumpy Ride to Automotive Cockpit Electronics Market
- Infotainment & Navigation Remains Principal Contributor to Automotive Cockpit Electronics Market
- World Automotive Cockpit Electronics Market by Product (2021 & 2027): Percentage Breakdown of Sales for Infotainment & Navigation, Information Display, Instrument Cluster, Telematics, HUD, and Other Products
- Regional Analysis: Asia-Pacific Zooms Ahead of North America in Automotive Cockpit Electronics Market
- World Automotive Cockpit Electronics Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2021 & 2027
- World Automotive Cockpit Electronics Market: Geographic Regions Ranked by CAGR (Sales) for 2020-2027
- Competitive Scenario: Vendor Focus on Product Innovation Heats up Competition in Global Automotive Cockpit Electronics Market
- Recent Market Activity
- Select Innovations & Advancements by Market Participants
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Vehicle Electronification Trends Aid Cockpit Electronics Market Sustain the Momentum
- Automotive Electronics as a Percentage (%) of Vehicle Production Cost for the Years 2010, 2020 & 2030
- Average Value of In-Vehicle Electronics (In US$) Per Vehicle for the Years 2018, 2025 & 2030
- Emphasis on Electric Vehicles to Fuel Robust Demand
- Global Electric Car Fleet Size (In Thousand Units) for the Years 2014, 2016, 2018 and 2021
- Autonomous Vehicles: Another Growth Vertical for Cockpit Electronics
- Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
- Autonomous Vehicles Commercialization & Technology Penetration Timeline
- Connected Cars Solidify the Relevance of Integrated Cockpit Electronics
- Global Number of Connected Cars Shipped (In 000 Units) for the Years 2017, 2019 and 2022
- Rising Interest in HUDs to Underpin Revenue Growth
- Augmented Reality Enabled Futuristic HUDs Seek Role
- Increasing Demand for On-Board Infotainment & Navigation Systems Bodes Well
- Modern Infotainment Systems Enable Differentiated In-Vehicle Experience
- Growing Reliability of In-Car Internet & Networking to Fuel Demand for Infotainment Systems
- Advanced On-Board Infotainment Systems Make Their Way Into the Market
- Evolving Role of V2X to Further Enhance the Importance of Cockpit Electronics
- Cockpit Electronics Becomes Relevant in Electronic Toll Collection
- Telematics: Key Cockpit System in Modern Automotive Vehicles
- Global Automotive Telematics Market (In US$ Billion) for the Years 2017, 2019 and 2022
- ITS Spurs Demand for Embedded Telematics ECU
- Smartphones Incorporate Additional Convenience in Cockpit Electronic Systems
- Smartphone Apps Improve Usability of Cockpit Systems
- 5G Cellular Connectivity to Widen Addressable Market for Cockpit Electronics
- New Generation Software Tools Widen Market Prospects
- Global Automotive Infotainment System Sales by Operating System (in 000 Units) for the Years 2013, 2017 and 2022
- Global % Breakdown of Number of Cars Running on Apple CarPlay and Google Android Auto for the years 2017 and 2022
- Advancements in Semiconductor Technology Rev Up Market Opportunities
- Global Automotive Semiconductor Market (In US$ Million) by Application Area for the Years 2017, 2022 and 2025
- Evolution in HMI Technology Instigates Amendments to Cockpit Electronics Design
- Global Market for HMI Solutions (In US$ Million) by Geographic Region for the Years 2018 and 2022
- Instrument Panels and Control Panels Witness Design Enhancements
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/3ip8xy
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