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Cockpit Electronics Market: Global Forecast until 2022

  • July 2017
  • 211 pages
  • ID: 4988915
In this report:
The North American market is expected to reach ##,##.## thousand units by 2022, at a CAGR of ##.##% during the forecast period.
The automotive cockpit electronics market for ICE vehicles is estimated to be ##,##.## thousand units in 2017 and is expected to reach ##,##.## thousand units by 2022, at a CAGR of ##.##% during the forecast period.

Summary

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"Increase in connected vehicles and growing demand for enhanced user experience and convenience features to fuel the market demand for automotive cockpit electronics market"

The overall automotive cockpit electronics market is estimated to grow a market size of ~$51.5B by 2022, increasing at a compound annual growth rate (CAGR) of ~8.6 percent between 2017 and 2022.

The main factors driving the increase of this market contain the rise in connected cars, increasing demand for enhanced user experience and convenience features, and integration of smartphones with vehicles. The growing trend of hybrid vehicles equipped with advanced automotive cockpit electronics systems is also an important factor to be considered.

"The instrument cluster is planned to be the biggest segment of the automotive cockpit electronics market in terms of capacity"

The instrument cluster is projected to hold the biggest sector size, by quantity, of the automotive cockpit electronics market in 2017. This is due to the increase in demand for automobiles across the world, with every vehicle equipped with a basic or advanced instrument cluster. Infotainment & navigation is projected to have the second biggest market share in the automotive cockpit electronics market as the industry demand for premium features is growing quickly in the automotive market.

"The Mid-Priced Passenger Vehicle is intended to be the biggest segment"

The mid-priced passenger vehicle is forecasted to hold the biggest industry size during the outlook period. This is because most of the mid-priced passenger vehicles are now equipped with the infotainment unit, combiner HUD, and basic telematics applications. These systems were initially equipped in the luxury vehicles only. The reducing cost of components together with rising competition among top actors across the ecosystem has also helped to reduce the global cost of electronics systems. This has led to the inclusion of these features in the mid-priced passenger vehicles at an affordable price.

"Asia-Pac is forecasted to be the biggest market for automotive cockpit electronics in terms of quantity"

In 2017, the biggest regional market for automotive cockpit electronics is the Asia-Pac market. The market increase in the area can be attributed to the increasing disposable income in developing countries such as India (IN) and China (CN) and demand for premium and comfort features. The APAC market is also the quickest increasing market, in terms of value importance. It is leaded by, is monopolized by China (CN), a main market for automotive cockpit electronics in the territory.

The market research includes industry insights specified by different market experts, ranging from automotive cockpit electronics manufacturers to automobile OEMs and different automotive associations. The break-up of the primaries is like:

By Company Type: Tier I - 56.0 percent, Tier II - 29.0 percent and Tier III - 15.0 percent

By Description: C-suite - 41.0 percent, D-suite - 32.0 percent and Grade of manager - 27.0 percent

By area: Asia-Pacific - 36.0 percent, Europe - 36.0 percent, North america (NA) - 19.0 percent, RoW - 9.0 percent

Actors decribed in the market research are:

• Alpine Electronics, Incorporated

• Garmin International, Incorporated

• Nippon Seiki Co., Limited

Segment Research

The industry report includes the overall automotive cockpit electronics market by product (Head-Up Display, Info Display, Infotainment & Navigation, Instrument Cluster, Telematics, and Others), category (Basic Cockpit Electronics and Advanced Cockpit Electronics), fuel (BEV, ICE, and Others), end market (economic passenger cars, luxury passenger cars, and mid-priced passenger cars), and area (Asia Pacific (APAC), Europe (EU), North America continent, and RoW).

Why Purchasing This Study Can Help You:

The study offers business insights into the following parts:

- Business entry: The analysis offers Exhaustive information on automotive cockpit electronics provided by the top actors in the sector.

- Regulatory Framework: The market research affords in-depth understanding into norms leading to the application of cockpit electronics including telematics control unit and the effect of the regulations on the sector.

- Industry development: The industry report offers highlighted information on several cockpit electronics technology trends. The study examines the industries for different automotive cockpit electronics technologies across the countries.

- Industry diversification: The analysis offers complete information about emerging technologies, recent evolutions, and market investments in the overall automotive cockpit electronics market.

- Opposing assessment: The market research affords an detailed assessment of strategies, services, and manufacturing competences of key players in the overall automotive cockpit electronics market.

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