Press release
Infotainment and Navigation Segment is Expected to Witness Highest Growth by 2020 in The Global Automotive Cockpit Electronics Market
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/2837
Growing per capita income and an economically active global population have led to the increase in demand for personal conveyance. The global cockpit electronics market is growing mainly due to the spurt in new car sales and the increasing affordability of consumers to install advanced technologies in their vehicles. Technological advancements have been giving rise to competition in the market due to which most leading companies are investing heavily in research and development activities. The changing demand for vehicle electronics from analog to digital has boosted the automotive infotainment market significantly.
The per capita car ownership has been continuously rising due to the worldwide increase in the middle-class population. According to the International Transport Forum of Organization for Economic Cooperation and Development (OECD), the number of cars plying worldwide would reach 2.5 billion by 2050. There has been a significant rise in passenger car ownership in the Arab countries and Eastern Europe. Germany is the logistics hub of Europe and one of the countries with the largest number of commercial vehicles. According to a U.S.-based advisory firm, the global passenger car sales are expected to rise from 81 million in 2012 to 116 million by 2020. Brazil, Russia, India, and China (BRIC countries) are expected to be the major growth drivers of the automotive industry. Improving economy, advancements in road infrastructure, and the rising inclination of individuals towards personal conveyance are the key factors augmenting the growth of an automotive industry. Growing concerns of the consumers regarding the 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.
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. 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.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/market-research/automotive-cockpit-electronics-market/toc
The advancements in technology have been compelling the companies to develop new products in a bid to be competitive. Companies have been investing heavily in research and development activities to develop new technology products. The major players in the automotive cockpit electronics industry include Continental, Denso, Visteon, Harman, Alpine, Panasonic, Delphi, Bosch, and Pioneer.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Infotainment and Navigation Segment is Expected to Witness Highest Growth by 2020 in The Global Automotive Cockpit Electronics Market here
News-ID: 1363071 • Views: …
More Releases from Persistence Market Research
U.S. Dishwasher Market to Reach US$ 12.8 Billion by 2032 - Persistence Market Re …
The U.S. dishwasher market is entering a strong growth phase supported by evolving consumer lifestyles, technological upgrades, and rising adoption of convenience-driven home appliances. As per recent industry estimates, the market is valued at US$ 8.2 billion in 2025 and is forecasted to reach US$ 12.8 billion by 2032, advancing at a CAGR of 6.6% between 2025 and 2032. This robust trajectory underscores how households and commercial establishments are increasingly…
U.S. & Canada Residential Ceiling Fan Market Set for Strong Growth Through 2032
The U.S. & Canada residential ceiling fan market is gearing up for a period of steady and promising expansion. Valued at US$5.6 billion in 2025, the market is projected to reach US$8.5 billion by 2032, driven by a healthy CAGR of 6.1% during the forecast period. With rising emphasis on energy efficiency, modern home aesthetics, and smart-home integration, ceiling fans are becoming indispensable components of residential comfort systems across North…
Europe Used Car Market to Hit US$503.1 Billion by 2031 as Key Players Like Auto1 …
The Europe used car market is undergoing a transformational shift driven by evolving consumer preferences, rising digitalization in automotive retail, and higher demand for cost-effective mobility solutions. According to Persistence Market Research, the market is projected to reach US$503.1 billion by 2031, rising from US$341.3 billion in 2024, with a steady CAGR of 5.7% from 2024 to 2031. This growth demonstrates how significantly the market is being shaped by factors…
Bike and Scooter Rental Market to Hit US$16.9 Billion by 2032 as Key Players Lik …
The global bike and scooter rental market is undergoing rapid transformation as urban mobility shifts toward shared, sustainable, and cost-efficient transportation solutions. According to Persistence Market Research, the market was valued at US$ 5.4 Bn in 2024 and is expected to expand from US$ 6.2 Bn in 2025 to US$ 16.9 Bn by 2032, reflecting an impressive CAGR of 15.5% between 2025 and 2032. This accelerated growth is being shaped…
More Releases for Infotainment
Best News and Infotainment Online
India's digital content scene just got spicier with the official launch of TadkaBytes.in, a bold and refreshing infotainment platform that brings together breaking news, viral trends, pop culture, tech bytes, food stories, and astrology - all served with a generous dose of Indian flavor.
TadkaBytes is designed for Gen Z and millennial audiences who crave snackable, scroll-friendly content that's smart, sharp, and always on-trend. Whether it's decoding the latest AI tool,…
Emerging Trends Influencing The Growth Of The Automotive Infotainment Market:Adv …
The Automotive Infotainment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Automotive Infotainment Market Size Expected to Be by 2034?
In the past few years, the automotive infotainment market size has seen significant growth. There is an expected growth from $20.88 billion…
Auto Infotainment Market: Entertaining and Informing Drivers and Passengers with …
The global Auto infotainment market is predicted to develop at a 6.0% CAGR over the forecast period and generate US$31.96 Billion in revenue by 2024.
The report's foundational elements are introduced in Infotainment Equipment In Automotive Market under the effect of the market's dynamics and operations as well as the necessity to comprehend consumer behaviour. When estimating the future growth of infotainment equipment in the automotive market, the rise and fall…
In-Car Infotainment Market | The Future of Connected Software & Infotainment in …
In-Vehicle Infotainment Market 2020-2026: By installation type, the aftermarket type segment is expected to dominate the market, in terms of revenue. In addition, by component type, the hardware segment dominated the global in-car infotainment market in 2018. Whereas, the software segment is expected to lead during the forecast period. Region-wise, Asia-Pacific is anticipated to be the highest revenue contributor, and Europe is expected to lead in the future, followed by…
Global Bicycle Infotainment Systems Market
Research Trades recently introduced new title on “Global Bicycle Infotainment Systems Market Research Report” offers a comprehensive and detailed insight into the current and future industry developmental trends, key market dynamics, regulatory framework in different countries, market challenges, winning strategies, and detailed market segmentation & forecast of major manufacturers and vendors.
Request Sample Copy of Report @ https://www.researchtrades.com/request-sample/1677325
In 2019, the market size of Bicycle Infotainment Systems is million…
Global Automotive Infotainment Market 2016-2020
Infotainment is an amalgamation of information and entertainment. In-car entertainment has evolved over the years. Conventional vehicle entertainment systems included radio, cassettes, and CDs. However, infotainment systems came into picture owing to the advances in technology and growing demand for personalized entertainment, navigation, and in-vehicle connectivity. Infotainment systems are a combination of software and hardware devices installed in automobiles that provide audio, video, and other contents. These systems are embedded…
