Global Market Study on Automotive Cockpit Electronics: Infotainment and Navigation Segment to Witness Highest Growth by 2020

"The Report Global Market Study on Automotive Cockpit Electronics: Infotainment and Navigation Segment to Witness Highest Growth by 2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Their sales are made through Original Equipment Manufacturing (OEM) contracts and the aftermarket. Increasing per capita income and industrial development are key drivers for the automotive and cockpit electronics industry globally. The per capita car ownership has been continuously rising due to a worldwide increase in the middle-class population. Growing concerns of the consumers regarding a safety has increased the demand for automated passenger cars that gives the drivers higher control over their vehicles. Infotainment has seen a significant rise in the recent years since the consumers are seen to be inclined towards a more informed driving experience.

With the increasing number of road accidents, vehicle owners are turning towards more automated vehicles. Stringent regulations are leading to the inclusion of advanced features in passenger cars including tire pressure monitoring system (TPMS), electronic stability control, and occupant detection. Original Equipment Manufacturers (OEMs) are under constant pressure to equip their vehicles with advanced safety systems. North America, Japan, China, and South Korea are the major countries where these regulations have been imposed. For instance, the South Korean Ministry of Land, Transport, and Maritime Affairs issued a regulation effective from January 1, 2013 which requires the new models of passenger vehicles and other transport vehicles of 3.5 Gross Vehicle Weight (GVW) tons or lesser to be equipped with TPMS. Moreover, effective from June 30, 2014, the same regulation would also be applicable to the existing vehicles. Similar regulations are expected to be implemented in Japan, China, and India by 2017, 2018, and 2019 respectively.

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Automotive sensors such as GPS systems and humidity sensors keep the driver more informed about the location of his vehicle, routes, and weather conditions. Adaptive lighting sensors automatically adjust the luminance of the vehicles light beam, depending on the light and road conditions. The increasing tour and leisure activities have increased the scope of info-travelling to a great extent and that is further fueling the demand for automotive sensors.

Eurozone crisis remains a key concern for the automotive cockpit electronics market and has affected the OEM sales in the region. However, the market is expected to gain momentum in this area towards the end of the forecasted period as a result of expected improvements in the economy. The registration of new cars in the European Union has been observed to be increasing every month as compared to the sales in the same month for the previous year. According to the European Automobile Manufacturerss Association (EAMA), Spain, the U.K., and Italy witnessed the strongest growth in the passenger car sales in October 2014 as compared to October 2013. With the tightening of regulations for the passenger car manufacturers (for instance, the TPMS becoming mandatory for new vehicles in Europe), plenty of opportunity awaits the automotive cockpit electronic companies in the near term.

Certain developing countries are reporting high growth rates in the cockpit electronics market. Brazil was the sixth largest automobile producer globally. It is a young country with over half of its population below thirty years of age and over 70% of its population economically active. However, the slowdown of its economy since 2010 has affected automobile sales in the country. The countrys cockpit electronics market is witnessing high growth due to its increasing per capita consumption and escalating urbanization (which stood at approximately 87% in 2013).

The major players in this industry include Continental, Denso, Visteon, Harman, Alpine, Panasonic, Delphi, Bosch, and Pioneer. The companies are making new investments to improve their technology in order to retain their competitiveness in the industry. For instance, Denso, Harman, and Delphi are actively funding their research and development activities.

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Table Of contents

Chapter 1 Preface
1.1 Research Methodology
1.2 Segments Covered in the Report
1.2.1 Segments by technology
1.2.2 Regions covered in the report
1.3 Assumptions

Chapter 2 Market Synopsis

Chapter 3 Porters Five Forces Analysis
3.1 Bargaining Power of Buyers
3.2 Bargaining Power of Suppliers
3.3 Threat of New Entrants
3.4 Threat of Substitutes
3.5 Intensity of Rivalry

Chapter 4 Industry Overview
4.1 Introduction
4.2 Market Drivers
4.2.1 Increasing vehicle ownership is boosting sales in the automotive cockpit electronics market
4.2.2 Growing concern of public and governments towards driving safety is enhancing the automotive cockpit electronics market
4.2.3 Increasing customer interest towards info-travelling is propelling the demand for automotive sensors
4.2.4 Impact analysis for drivers
4.3 Market Restraints
4.3.1 Eurozone crisis is impacting the automobile market in Europe, thereby affecting the OEM sales of automotive cockpit electronics
4.3.2 Impact analysis for restraint
4.4 Opportunities
4.4.1 New regulation by European Union in the form of mandatory TPMS installation in passenger cars opens ups the opportunity for this segment of automotive cockpit electronics
4.5 Market Trends
4.5.1 Automotive cockpit electronic companies are increasingly launching new products

Chapter 5 Market Size and Forecast by Product Segment
5.1 Information and Controls
5.1.1 Electronic Power Assisted Steering (EPAS) and Tire Pressure Monitoring Systems (TPMS)
5.1.2 Head-up Display
5.2 Infotainment and Navigation
5.2.1 Rear-seat Entertainment
5.2.2 Navigation
5.3 Audio and Connectivity
5.3.1 Audio Systems
5.3.2 Wireless Systems

Chapter 6 Market Size and Forecast by Region
6.1 North America
6.2 Europe
6.3 Asia Pacific
6.4 Rest of the World

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