Global Automotive Cockpit Electronics Market 2018-2022

Overview of the global automotive cockpit electronics market

According to Technavio’s market research report, the economies of scale derived from consumer electronics segment to rationalize costs in automotive electronics will be one of the major factors that will have a positive impact on the global automotive cockpit electronics market during the forecast period. Hardware costs have been a chief factor for the OEMs. By keeping a tab on the consumer electronics segment, OEMs can implement new technologies in a cost-effective manner. Also, the launch of any new technology in the consumer electronics segment will raise its volume and reduce its prices in the market benefitting other segments. Similarly, in the automotive sector, the negotiations with OEMs with respect to the vehicle's interior design for effectual fitment of the system enabled the suppliers to profit from the efforts on the development of consumer electronics and give rise to user interfaces that are easier to use and develop. The lowering of complexity and price of the systems turns beneficial for both OEMs and suppliers that will drive the automotive cockpit electronics market.

The introduction of automotive gesture recognition system is one of the key trends that will contribute to the market growth in the forthcoming years. To offer better comfort and convenience for the drivers, sensor-based systems such as automotive gesture recognition systems have been introduced. These controls can be used for better navigation on the vehicle infotainment systems for altering overhead lighting or ambient temperature, open and close doors and windows, answer or reject phone calls, and other electronic systems.

Companies covered

Characterized by the presence of several players, the automotive cockpit electronics market appears to be fragmented. This industry research report offers information about the competitive environment among the players in the car interior market and offers an analysis of the key companies and their products. Additionally, the reprot also offers information about the key areas the players currently focus on and the strategies they follow to sustain in this competitive market.

This research report provides an analysis of the various companies in this market including

• Alpine Electronics
• Bosch
• Continental
• Delphi
• HARMAN
• Magneti Marelli
• Visteon

Geographical segmentation and analysis of the automotive cockpit electronics market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will contribute to the maximum growth of the companies in this car interior market throughout the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive cockpit electronics market?
• What are the key market trends impacting the growth of the global automotive cockpit electronics market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive cockpit electronics market?
• What are the market opportunities and threats faced by the vendors in the global automotive cockpit electronics market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive cockpit electronics market?

Technavio also offers customization on reports based on specific client requirement.