Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Cockpit Electronics Market Research Rep | Page 2
electronics in automotive has increased to with the increased demand
for safety, quality infotainment, and better ride.
The factors that are responsible for the growth of automotive cockpit
electronics are growing demand for the innovate technologies such as
head-up display, increase in the awareness for the safety. The growth is
also powered by increase in the per capita income of the customers, and
growing demand for the advanced autonomous cars with changing
demand for advanced 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