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Automotive Cockpit Electronics Market worth $130.94 billion by 2030


automotive cockpit electronics

Automotive Cockpit Electronics Market – Exclusive Report by 360iResearch

The Global Automotive Cockpit Electronics Market to grow from USD 64.08 billion in 2022 to USD 130.94 billion by 2030, at a CAGR of 9.34%.

PUNE, MAHARASHTRA, INDIA , November 14, 2023 /EINPresswire.com/ — The “Automotive Cockpit Electronics Market by Type (Advanced Cockpit Electronics, Basic Cockpit Electronics), Product Type (Head-up Display, Information Display, Infotainment & Navigation), Fuel Type, Level of Autonomous Driving, Vehicle Type – Global Forecast 2023-2030″ report has been added to 360iResearch.com’s offering.

The Global Automotive Cockpit Electronics Market to grow from USD 64.08 billion in 2022 to USD 130.94 billion by 2030, at a CAGR of 9.34%.

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Automotive cockpit electronics refer to the advanced electronic systems and devices integrated into the dashboard of a vehicle, aimed at enhancing driver experience, safety, and overall vehicle performance. These systems are specifically aimed at enhancing occupant comfort, safety, entertainment, and overall driving experience. The rise in consumer demand for enhanced driving experiences has led automakers to focus on providing sophisticated in-car features such as advanced driver assistance systems (ADAS) and connectivity services. The increase in electric vehicle adoption worldwide also accelerates the need for sophisticated cockpit electronics. However, high development costs associated with incorporating advanced features may result in increased vehicle prices, and the risk of cybersecurity threats due to increased connectivity and reliance on software-based systems hamper the market growth. Technological advancements in IoT (Internet of Things) and cloud computing platforms and a growing trend of integrating AI-powered voice assistants into vehicles’ infotainment systems to improve user experience and stringent government regulations focusing on vehicle safety standards have encouraged manufacturers to incorporate advanced safety features into vehicles have further accelerated the market expansion.

Type: High adoption of advanced cockpit electronics offering a more immersive driving experience

Advanced cockpit electronics (ACE) are designed to enhance the driving experience by prioritizing safety, connectivity, and entertainment. These systems provide intuitive user interfaces through high-resolution touchscreens, voice recognition, and haptic feedback controls. The ACE is in high demand among consumers who prefer luxury vehicles or technologically advanced cars, as it provides cutting-edge features. Basic cockpit electronics (BCE) are focused on providing essential functionality to drivers at a more affordable price point. These systems often include analog instrument clusters, standard audio systems with radio capabilities, and basic climate control interfaces and are preferred among consumers who prioritize cost-effective solutions.

Product Type: Infotainment & navigation systems enrich the driving experience with multimedia and accurate route guidance features

A head-up display (HUD) is an advanced projection system that displays critical driving information on the vehicle’s windshield or a transparent display screen in the line of sight of the driver. This technology helps reduce distraction by enabling drivers to access essential data without taking their eyes off the road. The information display segment comprises central consoles and touchscreen displays that present vital vehicle data such as fuel levels, engine temperature, speedometer readings, and warning indicator lights in an easy-to-read format for drivers. Infotainment & navigation systems combine entertainment, communication, and navigation capabilities in one integrated unit. These systems offer features such as GPS navigation, wireless connectivity, smartphone integration, voice recognition, and audio/video playback. An instrument cluster is the primary interface between the driver and the vehicle’s onboard systems, as it displays essential information through gauges or digital screens. Telematics systems monitor vehicles’ performance remotely through wireless communication technologies such as GPS and cellular networks. They facilitate real-time location data tracking, remote diagnostics, fleet management services, emergency assistance services, and infotainment features such as weather updates or streaming music.

Level of Autonomous Driving: Focus on advanced driver assistance systems among semi-autonomous vehicles

Conventional vehicles require human involvement for all driving tasks and have limited automation capabilities. The cockpit electronics in these vehicles primarily focus on providing essential information, entertainment features, and primary driver assistance systems. Semi-autonomous vehicles combine human input and advanced driving assistance systems to enable limited self-driving capabilities under specific conditions. The cockpit electronics in these vehicles prioritize advanced driver assistance systems (ADAS) for safety, connectivity, and enhanced user experience. Conventional vehicles prioritize basic information, entertainment, and safety features in cockpit electronics. In contrast, semi-autonomous vehicles focus on advanced driver assistance systems for enhanced security while providing better connectivity and user experience through sophisticated infotainment systems.

Vehicle Type: Proliferating utilization of automotive cockpit electronics in passenger vehicles

Commercial vehicles are designed for transporting goods, people, or both and include many vehicle types, such as lorries, vans, trucks, buses, and coaches. Due to their function-focused nature, the need-based preference for automotive cockpit electronics in commercial vehicles revolves around enhancing driver safety, improving fuel efficiency, and streamlining fleet management operations. Passenger vehicles primarily cater to individual consumers’ needs and prioritize comfort, convenience, and entertainment alongside safety aspects. The need-based preference of automotive cockpit electronics arises as it provide seamless smartphone integration, customizable user interfaces, high-resolution displays providing navigation data, audio & video streaming options, voice-activated controls, and wireless charging facilities.

Regional Insights:

The Americas has observed significant growth in the automotive cockpit electronics market due to the presence of key players, growing demand for advanced infotainment systems, integration of smartphones and cloud connectivity, and an increasing emphasis on safety features. The consumer’s demand for comfort, performance, and user-friendly interfaces has further driven OEMs to invest in innovative cockpit technologies. Europe holds a significant landscape in the global market, with EU countries pioneering innovation in automotive cockpit electronics. Stricter regulations on vehicle emissions propel the demand for electric vehicles (EVs), which often feature advanced cockpit electronic systems. The Middle East & Africa region is witnessing a growing interest in automotive cockpit electronics due to rising disposable incomes, improving road infrastructure, and an expanding middle-class population who desire enhanced infotainment systems. Government initiatives supporting EV adoption further propel demand for advanced cockpit electronics. Asia-Pacific is expected to experience the fastest growth rate within the automotive cockpit electronics market due to rapid urbanization and increasing vehicle penetration rates across countries. The consumer demand for fuel-efficient technologies, affordable solutions, and digital connectivity in vehicles has fueled investments in localized research and development to cater to specific consumer needs.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Automotive Cockpit Electronics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Automotive Cockpit Electronics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Cockpit Electronics Market, highlighting leading vendors and their innovative profiles. These include Alps Alpine Co., Ltd., Arm Limited, Continental AG, Denso Corporation, Faurecia Clarion, Ford Motor Company, Garmin Ltd., General Motors Co., Harman International Industries, Incorporated, Infineon Technologies AG, Johnson Controls International PLC, KPIT Technologies Ltd., LG Electronics, Magneti Marelli S.p.A., Nippon-Seiki Co., Ltd., Panasonic Holdings Corporation, Pioneer Corporation, Qualcomm Technologies, Inc., Renesas Electronics Corporation, Robert Bosch GmbH, TomTom International BV, Visteon Corporation, Volkswagen AG, and Yazaki Corporation.

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Market Segmentation & Coverage:

This research report categorizes the Automotive Cockpit Electronics Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Advanced Cockpit Electronics and Basic Cockpit Electronics. The Basic Cockpit Electronics is projected to witness significant market share during forecast period.

Based on Product Type, market is studied across Head-up Display, Information Display, Infotainment & Navigation, Instrument Cluster, and Telematics. The Instrument Cluster is projected to witness significant market share during forecast period.

Based on Fuel Type, market is studied across Battery Electric Vehicle and Internal Combustion Engine. The Internal Combustion Engine is projected to witness significant market share during forecast period.

Based on Level of Autonomous Driving, market is studied across Conventional and Semi-Autonomous. The Semi-Autonomous is projected to witness significant market share during forecast period.

Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Vehicle. The Passenger Vehicle is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.29% in 2022, followed by Europe, Middle East & Africa.

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

6. Automotive Cockpit Electronics Market, by Type

7. Automotive Cockpit Electronics Market, by Product Type

8. Automotive Cockpit Electronics Market, by Fuel Type

9. Automotive Cockpit Electronics Market, by Level of Autonomous Driving

10. Automotive Cockpit Electronics Market, by Vehicle Type

11. Americas Automotive Cockpit Electronics Market

12. Asia-Pacific Automotive Cockpit Electronics Market

13. Europe, Middle East & Africa Automotive Cockpit Electronics Market

14. Competitive Landscape

15. Competitive Portfolio

16. Appendix

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Automotive Cockpit Electronics Market?

2. Which are the products/segments/applications/areas to invest in over the forecast period in the Automotive Cockpit Electronics Market?

3. What is the competitive strategic window for opportunities in the Automotive Cockpit Electronics Market?

4. What are the technology trends and regulatory frameworks in the Automotive Cockpit Electronics Market?

5. What is the market share of the leading vendors in the Automotive Cockpit Electronics Market?

6. What modes and strategic moves are considered suitable for entering the Automotive Cockpit Electronics Market?

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Mr. Ketan Rohom
360iResearch
+ +1 530-264-8485
[email protected]

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