Automotive Digital Cockpit Market Opportunity Analysis and Industry Forecast, 2019-2026
Global Potential is determined to understand profitable trends to further penetrate the automotive digital cockpit industry.
PORTLAND, OR, UNITED STATES, Dec. 27, 2021 /EINPresswire.com/ – A digital cockpit is a set of digital instruments comprising an infotainment system with one or two digital displays and buttons in a vehicle that provide information from reliable safety to the driver. The digital cockpit also provides the driver with access to media and maps using instrument clusters, HMI apps and in-vehicle wireless connectivity, enhancing attention, focus and experience. driving on the road. Nowadays, the digital cockpit has become an integral and highly attractive component of vehicles as the demand for immersive digital experience and advanced features by consumers increases.
For example, the Seoul Company recently unveiled its 2019 digital cockpit, in partnership with Harman, which infuses Samsung’s voice assistant with automotive intelligence. In January 2018, Visteon introduced modern technology to the digital cockpit market for autonomous driving and introduced its DriveCore autonomous driving controller, which is a hardware / software platform that enables car manufacturers to create a driving solution. autonomous in an open collaboration model. In October 2018, Continental unveiled an automotive-specific head-up display (HUD) full-color demonstrator based on waveguide technology, in collaboration with DigiLens.
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Major market players:
â¢ Robert Bosch
â¢ MagnÃ©ti Marelli
â¢ Calsonic Kansei Corporation
â¢ Magna International
â¢ ZF Friedrichshafen
Factors driving the market include increasing production of automobiles, increasing sales of electric vehicles, demand for advanced user experience in vehicles, and growing concerns for driver and passenger safety. The promotion of digital cockpit functions by OEMs as some of the most advanced features and the adoption of these features in passenger cars in the mid and economy price segments creates a positive environment for the automotive digital cockpit market. The growing number of connected vehicles and technological advancements in the human-machine interface of vehicles, along with growing awareness and demand for enhanced personalized user experience and convenience features are expected to propel the growth of the cockpit market. automotive digital. Besides, the high cost of digital cockpit system and fluctuating raw material prices are expected to hamper the growth of automotive digital cockpit market. However, emerging economies, increasing disposable income of middle class group, growing popularity of electric vehicles and increasing introduction of holographic display provide opportunities for market growth.
Key market segments
â¢ Digital instrument cluster
â¢ Advanced main unit
â¢ Camera-based driver monitoring system
By vehicle type
â¢ Commercial vehicle
â¢ Internal combustion engine (ICE)
â¢ Battery electric vehicle (BEV)
â¢ Hybrid electric vehicle (HEV)
â¢ Plug-in hybrid electric vehicle (PHEV)
â¢ Luxury cars
â¢ Mid-segment cars
The market is segmented on the basis of equipment, vehicle type, propulsion type, application, and region. By equipment, it is categorized into digital instrument cluster, advanced main unit, HUD, and camera-based driver monitoring system. Based on the type of vehicle, it is classified into passenger vehicle and utility vehicle. By type of propulsion, it is classified into internal combustion engine (ICE), battery electric vehicle (BEV), hybrid electric vehicle (HEV) and plug-in hybrid electric vehicle (PHEV). By Application, it is divided into Luxury Cars and Mid-segment CarsBy region, the market is analyzed to North America, Europe, Asia-Pacific, and LAMEA.
Main benefits for stakeholders
â¢ This study includes an analytical description of the Automotive Digital Cockpit market with current trends and future estimates to describe impending pockets of investment.
â¢ Global potential is determined to understand profitable trends to gain a stronger foothold in the automotive digital cockpit industry.
â¢ The Automotive Digital Cockpit Market analysis report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
â¢ Current automotive digital cockpit market forecast is quantitatively analyzed from 2019 to 2026 to compare financial skills.
â¢ Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the industry.
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