Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Cockpit Electronics Market Research Rep | Page 2

electronics devices. It shows all the information such as navigation and other relevant information for the driver in the line of sight. In case of instrument panel, the driver has to take his eyes off for a few moments but not in case of head-up display. Due to increase safety provided by innovative technologies in automotive cockpit module, cockpit electronics are expected to grow during the forecast period. The automotive cockpit electronics market is segmented based on product type, technology type, end market, vehicle type, and region. On the basis of product type, the market is segmented as HUD, information display, infotainment & navigation, instrument cluster, telematics, and others. The Head-up display segment is expected to dominate the automotive cockpit electronics market during the forecast period due to increase in demand Head-up display in the luxury and premium vehicles. The growing awareness about the safety features of head-up display, is expected to drive the segment in future. On the basis of technology type, advanced cockpit electronics is expected to dominate the market during the forecast period due to the features of advanced systems. Windshield head-up display, advance information display, and advance telematics, are some such systems. On the basis of end market, luxury car segment is expected to dominate the market during the forecast period due to the advance feature developed in the luxury cars. Automotive OEMs are majorly focusing on development of high end infotainment and display system in the luxury vehicle to improve safety and attract more customers. This growing development in the luxury cars is expected to drive the segment in the future. Market Segmentation On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the automotive cockpit electronics market during the forecast period due to the growing demand of vehicle in emerging countries such as India, China, and Japan. The demand for the cockpit electronics module is directly linked with the production of the vehicle. The increase in production of the vehicle, will result in the growing demand for cockpit electronics in the vehicle. Europe is expected to be the second largest region to dominate the market during the forecast period owing to the rise in the ownership of the passenger cars in Europe. Germany is expected to account for the largest market share during the forecast period due to a large number of passenger and commercial vehicle in this region. The increase in the passenger and commercial vehicle, is expected to result in the growth of region in future. The Key Players in Global Automotive Cockpit Electronics Are: