Automotive Control Panel Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The automotive control panel is the electrical and displaying controls which are used for the operation of the vehicles. The advancements in the electronics and communications industry is heavily influencing the automotive industry in the current scenario. The automotive industry players are heavily investing in the advanced electronics to enhance the driving experience, which is thereby catalyzing the automotive control panel market. The developed region in the automotive control panel market is expected to lead due to the presence of prominent OEMs in this region, which is catalyzing the market growth.

MARKET SCOPE

The "Global Automotive Control Panel Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive control panel market with detailed market segmentation by component, control panel type, vehicle type and geography. The global automotive control panel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive control panel market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   The global automotive control panel market is segmented on the basis of component, control panel type, and vehicle type.
  
•   Based on component, the market is segmented as rotary switch, roof & door panel light, touch pad, driver monitoring camera, and others.
  
•   On the basis of the control panel type the market is segmented into manual and touch screen.
  
•   Based on vehicle type the market is segmented as passenger car and commercial vehicle.
  

MARKET DYNAMICS

Drivers:

•   Increasing demand for application-based technologies
  
•   Rising demand for cabin comfort & convenience features
  
•   Growing global demand for electric vehicles
  

Restraints:

•   Recycling of plastic components used in automotive interiors
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive control panel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive control panel market in these regions.

IMPACT OF COVID-19 ON AUTOMOTIVE CONTROL PANEL MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the automotive control panel market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automotive control panel market market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive control panel market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive control panel market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Calsonic Kansei Corporation
  
•   Continental AG
  
•   Delphi Technologies
  
•   Faurecia S.A.
  
•   Hyundai Mobis Co., Ltd.
  
•   Johnson Controls, Inc.
  
•   Lear Corporation
  
•   Magna International Inc.
  
•   Toyota Boshoku Corporation
  
•   Valeo SA
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automotive Control Panel Report Scope