Global Automotive Digital Cockpit Market, By Equipment (Digital Instrument Cluster, Advanced Head Unit, Head-Up Display (HUD), Camera-Based Driver Monitoring System), Vehicle Type (Passenger Vehicle, Commercial Vehicle), Electric Vehicle Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV)), Application (Luxury Cars, Mid- Segment Cars), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Digital Cockpit Market
The automotive digital cockpit market has a huge potential to grow over the forecast period of 2021 to 2028, due to the rapidly increasing number of connected cars worldwide. Besides, high adoption of IOT, telematics, and growing use of navigation, information, and safety and remote diagnostics in connected vehicles is also largely influencing the growth of the automotive digital cockpit market. Also, the increasing demand for intelligent transportation system and efficient utilization of advanced technologies is another driver flourishing the development of the automotive digital cockpit market, raising the growth of the target market. Additionally, the mounting electric vehicle sales will also boost the automotive digital cockpit market's growth in the above mentioned forecast period.
Likewise, innovative technologies for advanced user interface (UI) will also forward the product demand. Furthermore, the increasing demand for the user driving experience and the incorporation of smartphones and multiple technologies are highly propelling the need for the automotive digital cockpit market.
However, BYOD's growing trend (bring your device) and cyber security threats for domain controllers will act as market restraint for automotive digital cockpit in the forecasted period of 2021 to 2028. In contrast, the consolidation of ECUS and high cost of advanced head-up display systems can challenge the growth of the market. Besides, the increase in adjacent markets like ADAS along with digital cockpit being the ultimate key for semi-autonomous and autonomous cars will further offer various growth opportunities for the automotive digital cockpit market in the above mentioned forecast period.
This automotive digital cockpit market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive digital cockpit market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Digital Cockpit Market Scope and Market Size
Automotive digital cockpit market is segmented on the basis of equipment, vehicle type, electric vehicle type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of equipment, the automotive digital cockpit market is segmented into digital instrument cluster, advanced head unit, head-up display (HUD) and camera-based driver monitoring system. Digital instrument cluster is further segmented into liquid crystal display (LCD), organic light emitting diode (OLED) and thin film transistor-liquid crystal display (TFT-LCD). Head-up display (HUD) is further segmented into combiner HUD and windshield HUD.
- On the basis of vehicle type, the automotive digital cockpit market is segmented into passenger vehicle and commercial vehicle.
- The automotive digital cockpit market has also been segmented on the basis of electric vehicle type into battery electric vehicle (BEV), hybrid electric vehicle (HEV) and plug-in hybrid electric vehicle (PHEV).
- Based on application, the automotive digital cockpit market is segmented into luxury cars and mid-segment cars.
Automotive Digital Cockpit Market Country Level Analysis
Automotive digital cockpit market is analyzed and market size, volume information is provided by country, equipment, vehicle type, electric vehicle type and application as referenced above.
The countries covered in the market automotive digital cockpit market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Europe leads the automotive digital cockpit market owing to the stable re-engineering of the safety systems, presented in the luxury and high-end vehicles to enlarge the driver’s safety in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increase in vehicle production of conventional and electric cars in this particular region.
The country section of the automotive digital cockpit market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Digital Cockpit Market Share Analysis
Automotive digital cockpit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive digital cockpit market.
The major players covered in the automotive digital cockpit market report are Robert Bosch GmbH, Continental AG, DENSO CORPORATION., Visteon Corporation, Panasonic Corporation, HYUNDAI MOBIS, Garmin Ltd., Faurecia, Aptiv, Pioneer Electronics (USA) Inc., Valeo, Marelli Corporation, WayRay AG, DESAY Industry, YAZAKI Corporation, HARMAN International, LUXOFT, Magna International Inc., ZF Friedrichshafen AG, Japan Display Inc., and Toshiba Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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