What is Automotive Digital Cockpit Market?
Automotive digital cockpit is a digital screen in place of a traditional instrument cluster. It is integrated by OEMs to enhance their vehicle USP include a holographic display, haptic feedback systems, gesture and speech recognition systems, reconfigurable instrument clusters among others. It makes the driving experience safer than ever as it provides a platform where the front, rear and side cameras and sensors can warn drivers of any hazards.
The market study is being classified by Type (Hardware and Software), by Application (Passenger Vehicle and Commercial Vehicle) and major geographies with country level break-up.
Visteon (United States), Continental (Germany), Robert Bosch (Germany), Denso (Japan), Aptiv (Ireland), Magna (Canada), Panasonic Corporation (Japan), Faurecia (France), HARMAN International (United States) and Pioneer Corporation (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Nippon Seiki Co., Ltd (Japan) and Visteon Corporation (United States).
Research Analyst at AMA predicts that Japanese Vendors will contribute to the maximum growth of Global Automotive Digital Cockpit market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Automotive Digital Cockpit market by Type, Application and Region.
On the basis of geography, the market of Automotive Digital Cockpit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Electric Vehicles
- Introduction of Connected or Autonomous Vehicles
Restraints
- Security Concerns Related To Privacy
Opportunities
- Constant Advancements in the Vehicle Safety and Infotainment System Features
- Growth in Adjacent Markets like ADAS
Challenges
- High Cost of Automotive Digital Cockpit
Key Target Audience
Automotive Digital Cockpit Providers, Research Professionals, Emerging Companies, Government Body & Associations and End user