Industry Background:
Growing automotive industry worldwide and increase in technological advancement in facilities of automotive is help to boost global automotive cockpit module market in the foretasted period. Automotive cockpit module is an assembly including of air conditioning units, harnesses ducts, electronic units, and instrument panels built around the steering member. It consists of an instrument panel (IP), a steering column system, a HVAC system, a glove box, a cowl cross structure, various trays, an audio and navigation system, and decorative facialsThis growth is primarily driven by high Adoption of advanced Human-Machine Interfaces (HMI) in Mass Segment Vehicles
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Automobiles sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Delphi (Ireland), Faurecia (France), Harman International (United States), HYUNDAI MOBIS (South Korea), Continental AG (Germany), Grupo Antolin (Spain), Samvardhana Motherson Group (India), Visteon Corporation (United States), Calsonic Kansei Corporation (Japan) and SAS Automotive Systems (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 11th June 2019, Continental and Silicon Valley company Leia Inc. Are partnered to develope innovative Lightfield technology which is help to generate an unprecedented 3D experience for all vehicle passengers without special eyewear, Comprehensive display technology and content platform for increased safety and comfort demands within the vehicle.
On 18th Feb 2019, continental has introduced Intelligent antenna module 2.0: maximum data rates and ranges for all wireless services.Automotive Cockpit Module is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Influencing Trend:
Fueling Adoption of Digital Cockpits through the Development of Suitable Platforms and high Adoption of the Internet of Things (loT) Enables Communication between Vehicles On Road
Market Growth Drivers:
high Adoption of advanced Human-Machine Interfaces (HMI) in Mass Segment Vehicles and Increasing Cost Pressures on Automotive OEMs
Challenges:
Long production cycle time
Restraints:
Rising Concern Regarding High Initial Cost of Installment
Opportunities:
The Growing Adoption of Connected Vehicle Technology and Emergence of Various Features due to Technological Advancement
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Automotive Cockpit Module Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Automotive Cockpit Module Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Automotive Cockpit Module players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Automotive Cockpit Module Study Sheds Light on
The Automotive Cockpit Module Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Cockpit Module industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Cockpit Module industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.