SAN FRANCISCO, March 11, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Automotive Cockpit Electronics – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
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Global competitiveness and key competitor percentage market shares
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Market presence across multiple geographies – Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to our digital archives and MarketGlass Research Platform
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Complimentary updates for one year
Edition: 8; Released: February 2022
Executive Pool: 612
Companies: 45 – Players covered include 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 and Others.
Coverage: All major geographies and key segments
Segments: Product (Infotainment & Navigation, Information Display, Instrument Cluster, Telematics, HUD, Other Products)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Latin America; Middle East; Africa.
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ABSTRACT-
Global Automotive Cockpit Electronics Market to Reach $39.5 Billion by 2026
Automotive cockpit electronics represents an area dedicated to instrument panel and controls that allow center stack electronics and information for enhanced safety, convenience, and driving experience. Buoyed by increasing use of advanced technology, the share of automotive electronics components in vehicles in terms of vehicle cost has gradually increased from just 8-10% to over 30% in the recent years, providing a significant scope of opportunity for automotive cockpit electronics. Growth in the global market is set to be driven by increasing consumer preference for convenience features and enhanced user experience. Rising disposable income and demand for autonomous vehicles are prompting people to invest in latest car models with advanced electronics that allow users to view information in the line-of-sight, like navigation. Cockpit electronics is anticipated to gain from high level of safety enabled by innovative technologies integrated in automotive cockpit modules. The integration of sophisticated technologies and government regulations on telematics and increasing connectivity aid in market expansion. The market growth is also bolstered by increasing use of innovative technologies like head-up display and in-car
