Automotive Digital Cockpit Market Share, Growth, Trends, and Forecasts 2020–2027

Posted by Pradip on February 14th, 2022

Segmental Analysis

The segmental scrutiny of the automotive digital cockpit market is conducted on the basis of vehicle type, equipment, propulsion, and region. Based on the propulsion types, the market for automotive digital cockpit has been segmented into battery electric vehicle, hybrid electric vehicle, internal combustion engine, and plug-in hybrid electric vehicle. Based on the equipments, the market for automotive digital cockpit has been segmented into camera-based driver monitoring system, digital instrument cluster display type, advanced head unit, and head-up display (HUD). On the basis of regions, the automotive digital cockpit market is segmented into the Americas, Europe, Asia-Pacific, and the rest of the regions.The vehicle type based segmentation of the market for automotive digital cockpit has been segmented into light commercial vehicle, heavy commercial vehicles and passenger car.

The cutting edge progress in automobile design and manufacturing is predicted to benefit the automotive digital cockpit market 2020. The industry reports for automobile are produced by Market Research Future, which highlights market options for expansion. The CAGR of 9.5% is estimated to bolster the market in the upcoming period.

The enhancements in digital instruments and infotainment systems are predicted to spur the car digital cockpit market in the forthcoming period. The improvement in the HUD display is estimated to shape the automotive digital cockpit market in the impending period.

Detailed Regional Analysis 

The regional inquiry of the automotive digital cockpit market has been segmented into regions such as into the Americas, Europe, Asia-Pacific, and the rest of the regions. With reference to the analysis, well-known market stake for the duration of the forecast due is expected to be taken by the the European region is due to the existence of most important tier-1 suppliers and automotive OEMs. These OEMs are frequently operating on enhancing the conventional automotive cockpit. The region in the Asia-Pacific conversely is likely to observe a significant development in the international market. Due to the consumer demand for a developed user experience in the economy and mid-priced segment passenger cars are likely to rise persistently in the coming years.

Competitive Analysis

The inclusion of certain elements of functionality in production facilities is likely to create better supply potential for the overall market. The momentum of change in the market is predicted to create new opportunities for growth in the forecast period. The availability of new sources of raw material is likely to induce more opportunities for growth in the market. The streamlining of the distribution channels is expected to create better supply chains and lead to a more positive effect on the global market. The effect of global currencies is expected to have a significant effect on the market growth. The upsurge in exports is expected to create constructive situation for expansion in the coming period. The influence of global trade policies by various administrations is expected to further enhance the market expansion potential in the forecast period. The inventions being discovered or attempted in the market are also considered to provide further opportunities for growth in the coming period.

The well-known contenders in the market for automotive digital cockpit are Denso Corporation (Japan), Aptiv (Ireland), Nippon Seiki Co., Ltd (Japan), Robert Bosch GmbH (Germany), Panasonic Corporation (Japan), Pioneer Corporation (Japan), Faurecia (France), Continental (Germany), HARMAN International (US), and Visteon Corporation (US) to name a few.

Industry Updates:

Jan 2020 The Digital Cockpit 2020 was revealed by Samsung Electronics recently, which takes advantage of 5G to connect features in and outside the vehicle and offer unique driver experience and passengers in a similar way. The digital cockpit 2020 is the third co-project involving Samsung Electronics and HARMAN International, and integrates Samsung’s semiconductors, telecommunications technologies, and displays with HARMAN’s automotive proficiency.

Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

Continued…