Automotive Cockpit Electronics- Perfect Combination Of Design, Feel And Quality Through Electronics
Integrating
advanced electronics in vehicles is intended to increase the ease of
driving and safety while driving it. Recently, the growing demand for
advanced infotainment has also encouraged vehicle manufacturers to
focus on cockpit electronics, thus fuelling the demand from the
global market for automotive cockpit electronics.
The
automotive electronics industry aims to provide a perfect combination
of design, ergonomics, quality, and feel in their products. The
solutions provided by this industry include instrument clusters,
infotainment and navigation, displays, and telematics. Apart from
having an exceptionally large market, the cockpit electronics
industry has also reported impressive growth in recent years. The
report projects the impressive growth trend to continue over the
forthcoming years.
Regionally,
the report segments the global automotive cockpit electronics market
into Asia Pacific, Europe, North America, and Rest of the World.
Among these regions, North America and Europe currently are the
largest markets for automotive cockpit electronics. The market in
these regions is led by countries such as Germany, France, Italy,
Canada, and the U.S. Likewise, the rapidly expanding automotive
industry in Asia Pacific provides lucrative opportunities for
enterprises operating in the regional automotive cockpit electronics
market. Growth of the market in China and India will be robust in the
coming years, states the report. The increasing population of the
region, coupled with the rising living standards, will fuel demand
from the market for automotive cockpit electronics in India and
China.
The
spending capacity of consumers around the world has significantly
increased in recent years, which has encouraged them to opt for
high-end luxury vehicles such as SUVs and sedans. This, in turn, has
increased the scope for high-end automotive cockpit electronics
manufacturers. The market also gains impetus from the growing
interest in racing and super cars. However, cockpit electronics often
have a relatively long product lifecycle. Hence, the real
opportunities for players operating in the market lie in product
innovation and maintaining a research-oriented outlook, so that they
are able to offer advanced solutions to woo customers in their favor.
To
provide an executive-level blueprint of the market for automotive
cockpit electronics, the report also profiles some of the most
prominent players operating in the market such as Alpine Electronics
Inc., Continental AG, Delphi Visteon Corp., Denso Corp., Johnson
Controls, Bosch Pioneer, IAV, Hangsheng Electronics Co., Ltd.,
Magneti Marelli, Harman International Industries Inc., Panasonic
Corp., KPIT Cummins, Nippon Seiki, Valeo, Visteon Corp., and Yazaki
Corporation.
In
a new report, titled “Automotive Cockpit Electronics Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2013 – 2019,” Transparency Market Research provides a
comprehensive overview of the growth trajectory exhibited by the
market for automotive cockpit electronics. It studies the growth
drivers and restraints influencing the prevailing demand and supply
trends in the market.
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