Global Automotive Dashboard Market Size, Share, Future Prospects and Forecast 2020-2026
The global automotive dashboard market is projected to exhibit a significant growth, at a CAGR of around 6.4%, during the forecast period. The major factors driving the global automotive dashboard market includes the increasing demand for passenger vehicles and introduction of digital dashboards across every vehicle. Moreover, in terms of overall automotive sales, Asia-Pacific is expected to be the major consumer market, China is the largest consumer of the automobiles with a share of 30%, globally as per International Organization of Motor Vehicle Manufacturers. Increasing automotive production and sales raises the demand of the infotainment systems that can be a music system, GPS systems, display unit and others.A full Report of Global Automotive Dashboard Market is Available at https://www.omrglobal.com/industry-reports/automotive-dashboard-market
In India, the automobile exports grew with 14.5% during the fiscal year 2019, as per IBEF. The annual production has also increased substantially in the past few years. According to Invest India, the India’s annual production of automobiles reached to around 29.1 million in 2018 from 25.3 million in 2017, registering a growth of 14.8%. However, the average cost of vehicles is lower in the region as it is a price sensitive market. Perhaps, most of the American and European companies such as Audi, BMW, Ford, and GMC have set-up their manufacturing units in China and India and are providing latest technologies to the consumers, hence, it is expected to show significant growth in the automotive dashboard market during the forecast period.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/automotive-dashboard-market
Furthermore, with the growth of sales and production of cars, the market for luxurious car brands is also increasing across the globe. A luxury car has comparatively more infotainment systems such as GPS navigation and voice recognition to a vehicle and has more deployment of new technology. Mercedes, Range Rover, Rolls-Royce, Bentley Mulsanne, Porsche, BMW, Audi A8, Bentley, Jaguar, Lexus are among the top brands of luxury vehicles, that are contributing in the automotive industry. Rising per capita disposable income and growing awareness towards safety has increased the demand for more feature rich cars across the globe. These factors are expected to contribute in the growth of the automotive dashboard market.
Contract manufacturing, in particular to the automotive sector, is highly prevalent owing to ease of manufacturing the final product and increased productivity. The contract manufacturers are providing the facility for design and development, component manufacturing, electronics, and whole vehicle assembly. Additionally, due to high risk, before entering into a new market or in a new region, the automotive OEMs use the facility of the available contract manufacturing. Contract manufacturing provides a feasible way of adding capacity and flexibility with no investment in the new facilities. For instance, Mercedes appointed AM General for producing 12,000 of their R-class vehicles targeted for export to China.
Global Automotive Dashboard Market-Segmentation
By Type
• Analog Dashboard
• Digital Dashboard
By Vehicle Type
• Passenger Cars
• Commercial Vehicles
By Sales Channel
• OEM
• Aftermarket
Global Automotive Dashboard Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• ABB Ltd.
• Continental AG
• Faurecia
• IAC Group
• JP Minda Group
• Sterling Technologies, Inc.
• Toyoda Gosei Co., Ltd.
• Visteon Corp.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-dashboard-market
For More Information, Visit https://www.omrglobal.com
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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 Global Automotive Dashboard Market Size, Share, Future Prospects and Forecast 2020-2026 here
News-ID: 2141378 • Views: …
More Releases from Orion Market Research
Loader Buckets Market to see Huge Growth by 2028
Market experts do detailed market study about entire market from several angles to depict the most updated and key market data to form this detailed Loader Buckets Market research report and help startups to reinforce their presence. This report further aims at covering vital data and figures on major areas such Asia Pacific, North America, Middle East, Europe, Latin America and Africa. Business participants can also obtain larger gains as…
Probiotics Supplement Market Trends, Business Overview, Industry Growth and Fore …
The global probiotics supplement market is anticipated to grow at a significant CAGR of 7.2% during the forecast period (2022-2028). The rising consumer awareness for healthcare and fitness with rising disposable income, are likely to drive the market growth. Probiotics enable to maintenance of a healthy balance of gut flora and have been linked to a variety of health advantages, including weight loss, digestive health, and immunological function. The market…
Brick Pavers Market Top Leading Players with Strategies and Forecast 2028
Brick Pavers Market Size, Share & Trends Analysis is a professional and in-depth study on the current state of the global Brick Pavers market with a focus on the market. The report provides key statistics on market of Brick Pavers. It is a valuable source of guidance and direction for companies and individuals interested in Brick Pavers industry.
Key Players
Belgard
Acme Brick Company
The Belden Brick Company
Wienerberger
Pine Hall Brick
Redland Brick
By Type
General Brick Pavers
Wall…
Global Famciclovir Market Top Leading Players with Strategies and Forecast 2028
The global famciclovir market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Famciclovir is used to herpes zoster generally called shingle (a rash that can occur in people who have had chickenpox in the past). It's also used to treat persons with a healthy immune system who have recurrent herpes virus cold sores or fever blisters. The herpes simplex virus causes cold sores. When this virus enters the…
More Releases for Dashboard
INSYNCHRONY 2021 – Annual Hybrid Dashboard of INSYNC
With the pandemic still at large, INSYNC carried out its annual corporate event – INSYNCHRONY 2021, as a hybrid event. The event marks the end of the previous fiscal year and lays down the roadmap for the coming year and, keeps new and old team members in sync.
Event Highlights:
The Age of Digitalization
The lockdowns brought upon by the COVID-19 pandemic have led to the disruption of traditional business processes. Businesses are…
DeSL Launches Digital Approvals Dashboard
Discover e-Solutions (DeSL) announces the launch of Digital Approvals Dashboard.
A key element of full digital transformation is the ability to vastly reduce the number of physical samples of either garments or materials. The efficiency this will bring companies, from both the demand and supply side, will be significant in terms of time-to-market and costs. This not only relates to the product development stages as currently managed by PLM solutions, but…
Dashboard Cameras Global Market For 2017: By Product Type - Single Channel Dashb …
Researchmoz added Most up-to-date research on "Dashboard Cameras Global Market For 2017: By Product Type - Single Channel Dashboard Cameras & Dual Channel Dashboard Cameras" to its huge collection of research reports.
This report studies Dashboard Cameras in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
ABEO Technology
Falcon Zero
Hewlett-Packard…
Dashboard Camera Market (By Product Type - Basic Dashboard Cameras, Advanced Das …
Dashboard cameras are real-time video recording devices usually attached on the windshield of vehicles and integrated with dashboards in the vehicle. These devices are designed to record real-time videos that capture the inward as well as outward sides of vehicles. Dashboard cameras find its applications in private cars, law enforcement vehicles, and rental and other commercial vehicles. These cameras provide continuous video recording, which could be used as evidence in…
Dashboard Camera Market (By Product Type - Basic Dashboard Cameras, Advanced Das …
Dashboard cameras are real-time video recording devices usually attached on the windshield of vehicles and integrated with dashboards in the vehicle. These devices are designed to record real-time videos that capture the inward as well as outward sides of vehicles. Dashboard cameras find its applications in private cars, law enforcement vehicles, and rental and other commercial vehicles. These cameras provide continuous video recording, which could be used as evidence in…
Customized information dashboard: Why it is essential?
Mobile app user’s requirement differs from person to person. Having a customized dashboard makes the task easy for the app user thus improving the linking towards the app. Thus, mobile app developers have to ensure that they integrate customized dashboard for their users.
Pune, Maharashtra, March 25, 2016: Information dashboard is screen that offers important and critical information to the user. The dashboard has information arranged in a way that…