Home / Technology & Media / Automotive Cockpit Electronics Market - Growth, Future Prospects & Competitive Landscape, 2018 – 2026

Automotive Cockpit Electronics Market - Growth, Future Prospects & Competitive Landscape, 2018 – 2026

Overview:

Automotive cockpit electronics refer to electronic modules that offer enhanced driving experience and comfort to passengers by means of entertainment and ambience. Automotive cockpit electronics also deal with systems that provide improved safety for passengers and the driver. With an aim of increasing convenience and safety, need for automotive control units that are in direct access to the driver is increasing in automobiles. Automotive cockpit electronics include global positioning system (GPS), rear display, in-car telephone, music players, wireless interface, advanced parking systems, internal-car lighting, intelligent temperature control and others.

Increasing use of electronic modules in mid-priced passenger vehicles is among the most vital factors escalating the market growth. Several mid-priced vehicles are now equipped with infotainment unit and basic telematics applications with an aim providing more convenience and safety. Declining cost of electronics components as well as growing competition among major players is aiding reduction in overall cost of automotive cockpit electronics modules. This has led to the inclusion of these features in the mid-priced passenger vehicles at affordable prices.

Further, growing penetration of connected cars and integration of smartphones with automotive electronic systems is another prominent factor boosting the automotive cockpit electronics market. Advanced safety features such as electronic stability control, advanced driver assistance systems, tire pressure monitoring systems and anti-lock braking systems are primarily based on electronic modules. This has significantly boosted the demand for automotive cockpit electronics in luxury as well as semi-luxury vehicles. Similarly, gesture recognition is a new introduction into automotive cockpit electronics market. Further increase in the technology is expected to provide significant push to the automotive cockpit electronics market.

Asia Pacific region dominated the automotive cockpit electronic market followed by North America and Europe in 2017. China is the leading contributor in Asia Pacific market due to its huge automotive industry, in terms of production as well as consumption. The country is followed by India, South Korea and Japan. Strong sales of semi-luxury vehicles coupled with increasing sales of luxury vehicles is the major factor propelling the market growth here. Governed primarily by the Western Europe region, Europe forms the second largest market for automotive cockpit electronics across the globe.

Automotive Cockpit Electronics Market is segmented on the following basis:

  • Product Type:
    • Infotainment
    • Navigation
    • Instrument Cluster
    • Telematics
  • Vehicle Class:
    • Passenger Cars
      • Economy Cars
      • Mid-priced Cars
      • Luxury Cars
    • Commercial Vehicles
      • Light Commercial Vehicles (LCVs)
      • Heavy Commercial Vehicles (HCVs)
  • Geography:
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • South Asia
      • Australasia
      • Rest of Asia Pacific
    • Rest of the World (RoW)
      • Latin America
      • Middle East and Africa (MEA)

Key Players Identified in Automotive Cockpit Electronics Market include but are not limited to:

Robert Bosch GmbH, Continental Corporation, Harman International Industries, Inc., Hangsheng Electronics Co., Ltd., Visteon Corporation, Delphi Technologies Ltd., Mitsubishi Electric Corporation, Alpine Electronics, Inc., Magneti Marelli S.p.A., Visteon Corporation, LG Electronics, Inc., Nippon Seiki Co., Ltd., Panasonic Corporation and others.

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