Press release
Automotive Digital Cockpit Market Report 2023: New Developments, Growth Strategy, Regional Overview And Key Players Analysis Till 2032
Automotive Digital Cockpit Market
The Business Research Company's Automotive Digital Cockpit Global Market Report 2023 identifies increasing number of connected vehicles as the major driver for the Automotive Digital Cockpit market's growth in the forecast period. A connected vehicle refers to a vehicle that has an inbuilt system of connectivity that makes it possible to access the internet and connect wirelessly to nearby devices. The automotive digital cockpit helps connected vehicles unlock future connected car experiences and is envisioned as the key technology trend.
The global automotive digital cockpit market size grew from $21.13 billion in 2022 to $23.71 billion in 2023 at a compound annual growth rate (CAGR) of 12.2% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the automotive digital cockpit is expected to grow to $36.72 billion in 2027 at a CAGR of 11.6% .
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Major competitors in the Automotive Digital Cockpit market are Denso Corporation, Aptiv PLC, Faurecia Clarion, Harman International, Pioneer Corporation, Valeo, Mobis India Ltd.
A key trend in the Automotive Digital Cockpit market includes technological advances. Major companies operating in the automotive digital cockpit market are introducing technological innovations such as 5G low latency technologies to sustain their position in the automotive digital cockpit market. For instance, in January 2020, Samsung, a South Korea-based multinational manufacturing company with a subsidiary, Harman International, a US-based company that manufactures audio equipment for cars, co-developed and launched their pioneering digital cockpit 2020. Using 5G, it links features inside and outside of the vehicle, and it provides connected experiences to both drivers and passengers.
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https://www.thebusinessresearchcompany.com/report/automotive-digital-cockpit-global-market-report
The Automotive Digital Cockpit market is segmented -
• By Vehicle Type: Passenger Vehicle, Commercial Vehicle
• By Equipment: Digital Instrument Cluster, Driving Monitoring System, Heads-Up Display
• By Display: LCD, TFT-LCD, OLED
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Digital Cockpit market.
The Business Research Company's "Global Automotive Digital Cockpit Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Digital Cockpit Market Include:
1. Executive Summary
2. Automotive Digital Cockpit Market Characteristics
3. Automotive Digital Cockpit Market Trends And Strategies
4. Automotive Digital Cockpit Market - Macro Economic Scenario
5. Automotive Digital Cockpit Market Size And Growth
…………………………………………………………..
26. Africa Automotive Digital Cockpit Market
27. Automotive Digital Cockpit Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Digital Cockpit Market
29. Automotive Digital Cockpit Market Future Outlook and Potential Analysis
30. Appendix
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