Press release
What's Driving the Automotive Control Panel Market Growth? Delphi Technologies, Valeo, Toyota Boshoku America, Calsonic Kansei Corporation, Johnson Controls, Groupe Renault, Navistar Inc, Volvo Group, Continental, And others
The Automotive Control Panel market research report is an accurately studied and assessed research report which highlights the essential factors influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. The report examines Automotive Control Panel market based on its appeal and venture practicality. It furthermore shows a right portrayal of each area and rising industry patterns. This will enable the readers to break down assembling cost examination, promoting channel, merchants and clients, market elements of Automotive Control Panel market. The report covers respectable market knowledge of this automotive industry with reference to basic parameters.The Automotive Control Panel market report is created by performing a fair investigation procedure to collect key learning of this overall Automotive Control Panel market. In this report the historical market data has been compared with it the present market situation to decide the direction this market will take in the coming years i.e. 2019-2026. The insightful methodology taken to comprehend the different parts of the market is gone for giving the readers an all-encompassing perspective on the Global Automotive Control Panel market. The report likewise involves an intensive thought of the key sellers just as well as countries with the most noteworthy returns.
Global Automotive Control Panel Market is expected to rise from its initial estimated value of USD 87.57 billion in 2018 to an estimated value of USD 165.84 billion by 2026, registering a CAGR of 8.31% in the forecast period of 2019-2026. Increasing demand for the application- based technologies is the major factor for the growth of this market.
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Automotive control panel are electrical and displaying controls which is used control the one or more electrical system in the vehicle. Every control panel is designed to perform different functions which can be controlled by the user. Engine Control Module (ECM), Powertrain Control Module (PCM), Transmission Control Module (TCM), Brake Control Module (BCM or EBCM), Central Control Module (CCM), Central Timing Module (CTM), General Electronic Module (GEM), Body Control Module (BCM), Suspension Control Module (SCM), control unit, or control module are some of the types of automotive control panel. It is easy, efficient and cost effective method to manage different functions. The global automotive control panel market is being majorly driven by factors such as the increase in the demand for electric vehicles in major parts of the world. This, in turn, would drive the demand for automotive electronic components also control panels with advanced features. The inclusion of advanced control panels in electric vehicles ensures easy access to the driver for various comfort and convenience features in the automobile.
In November 2018, Bosch announced the launch of their new automotive system ICs which is designed to meet the requirement in vehicle system which is integrated on single silicon chip. This new chip in electric vehicles will shut off automatically during any accident to ensure the safety of the driver and passenger. In June 2018, Harman International announced the launch of their new 5G- ready multiband conformal antennas which combine multiple antennas in one module. This antenna are designed so that they can accommodate with variety of modern radio services, including LTE, GNSS, V2X, WiFi, Bluetooth, RKE and Electronic toll collection (ETC).
Top Automotive Control Panel companies covered in this market research report
The global Automotive Control Panel market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this Automotive Control Panel research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the expanding Automotive Control Panel market size.
The report offers a detailed analysis of several Automotive Control Panel companies, including: Delphi Technologies, Valeo, Toyota Boshoku America, Calsonic Kansei Corporation, Johnson Controls, Hyundai MOBIS, Faurecia, Continental, Ford Motor Company, Groupe PSA, Groupe Renault, Lear Corporation, Magna International, Navistar Inc, Volvo Group, Ford Motor Company Asia Pacific, Renault UK, Calsonic Kansei North America, Inc., Tata Motors
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Some of the key findings from our Automotive Control Panel market forecast report are summarized below
Global Automotive Control Panel Market By Component (Rotary, Roof Control, Roof Light, Touch Pad, Smart Roof, Electric Window, Locking Functions, Side Mirror, Door Light, Driving Monitoring Camera), Vehicle Type (Passenger Cars, LCV, HCV), Control Panel Type (Manual, Touch Screen, Push Button), Product (Plastic, Metals), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
The report analyzes factors affecting Automotive Control Panel System market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; Europe, APAC, North America, MEA and South & Central America after evaluating technological factors, political, economic and social affecting the Automotive Control Panel System market in these regions.
Global automotive control panel market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive control panel market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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