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

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Jul 12, 2023, 18:00 ET

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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