Global Automotive Cockpit Electronics Market Expected to Reach $54 Billion by 2030, Driven by Growing Demand for Infotainment & Navigation Systems

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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