Press release
The Global Automotive Cockpit Electronics Market is expected to grow at a CAGR of 12.0% during forecast period
According to a new market report published by Persistence Market Research “Global Market Study on Automotive Cockpit Electronics: Infotainment and Navigation Segment to Witness Highest Growth by 2020”, the global automotive cockpit electronics market was worth USD 31.1 billion in 2013 and is expected to grow at a CAGR of 12.0% during 2014 to 2020, to reach an estimated value of USD 61.5 billion in 2020.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.
To remain ‘ahead’ of your competitors, request for a sample here@
https://www.persistencemarketresearch.com/samples/2837
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.
Browse the full Global Market Study on Automotive Cockpit Electronics: Infotainment and Navigation Segment to Witness Highest Growth by 2020 report at https://www.persistencemarketresearch.com/market-research/automotive-cockpit-electronics-market.asp
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.
To receive extensive list of important regions, Request Methodology here @
https://www.persistencemarketresearch.com/methodology/2837
Below is the segmentation done by Persistence Market Research for global market study on automotive cockpit electronics:
Market Size and Forecast by Product Segment
Market Size and Forecast (by value)
Information and Controls
Electronic Power Assisted Steering (EPAS) and Tire Pressure Monitoring Systems (TPMS)
Head-up Display
Infotainment and Navigation
Rear-seat Entertainment
Navigation
Audio and Connectivity
Audio Systems
Wireless Systems
Market Size and Forecast by Region
North America
Market Size and Forecast by Country (by value)
Market Size and Forecast by product segments (by value)
Europe
Market Size and Forecast by Country (by value)
Market Size and Forecast by product segments (by value)
Asia Pacific
Market Size and Forecast by Country (by value)
Market Size and Forecast by product segments (by value)
Rest of the World (RoW)
Market Size and Forecast by product segments (by value)
You Can Access Full Report Here @ https://www.persistencemarketresearch.com/checkout/2837
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
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws on its multi-disciplinary capabilities and high pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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 The Global Automotive Cockpit Electronics Market is expected to grow at a CAGR of 12.0% during forecast period here
News-ID: 2179234 • Views: …
More Releases from Persistence Market Research
 
                                            
                                                    Frozen Pastries Market to Reach $3.8 Bn by 2032 Driven by Convenience and Ready- …                                                
                                            
                                        
                                            The global frozen pastries market is set for consistent expansion over the next decade, driven by the growing demand for convenient, ready-to-bake bakery products and evolving consumer lifestyles. According to market projections, the global frozen pastries market size is likely to be valued at US$ 2.6 billion in 2025 and is estimated to reach US$ 3.8 billion by 2032, growing at a CAGR of 5.7% during the forecast period from…  
                                        
                                     
                                            
                                                    Cookies Market to Reach US$ 54.4 Bn by 2032 Driven by Rising Demand for Premium  …                                                
                                            
                                        
                                            The global cookies market is witnessing steady growth, with its valuation expected to reach US$ 38.3 billion in 2025. According to projections, the market is set to rise significantly and reach approximately US$ 54.4 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2032. This growth trajectory is fueled by evolving consumer lifestyles, increasing demand for convenient and on-the-go snacks, and the rising…  
                                        
                                     
                                            
                                                    Flaxseeds Market Growth Driven by Health Trends | Valued at US$ 1,284.7 Mn in 20 …                                                
                                            
                                        
                                            The global flaxseeds market is witnessing substantial expansion, driven by the growing consumer awareness of health benefits associated with flaxseed consumption and its increasing use across diverse industries such as food and beverages, pharmaceuticals, and cosmetics. According to recent industry analysis, the global flaxseeds market size is likely to be valued at US$ 1,284.7 million in 2025, and is projected to reach US$ 2,145.3 million by 2032, expanding at a…  
                                        
                                     
                                            
                                                    Sterols Market Growth: Valued at $1,268.6 Mn in 2025 to Reach $2,261.7 Mn by 203 …                                                
                                            
                                        
                                            The global sterols market is on a trajectory of robust expansion, anticipated to reach a valuation of US$1,268.6 million in 2025 and further grow to US$2,261.7 million by 2032, registering a healthy CAGR of 8.6% during the forecast period (2025-2032). Sterols, a group of naturally occurring compounds found in plants and animals, are gaining increasing attention across multiple industries due to their functional and health-promoting benefits. The growing global demand…  
                                        
                                    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…