Automotive Digital Cockpit Market Dynamics 2021-2031
The automotive digital cockpit market is expected to register a CAGR of 13.2% during 2023–2031. The evolution of advanced infotainment systems with the adoption of connected cars is likely to remain a key trend in the market.
Automotive Digital Cockpit Market Analysis
Advancements in connected, autonomous, shared, and electric vehicles have created massive demand for the automotive digital cockpit market growth. The digital revolution to vehicle interiors with integrated displays for infotainment and instrument clusters is increasing at a rapid pace. The digital cockpits enable technology to enhance connectivity, safety, and entertainment features, providing a step to the truly digital experience. Connected cars and autonomous vehicles adoption is growing, which provides growth for the automotive digital cockpit market. The market is rapidly growing, offering customers new opportunities, safety skills, and evolved entertainment experiences among the consumers.
Automotive Digital Cockpit Market Overview
- The digital cockpit involves telematics, a navigation system using GPS technology to plot asset movements, advanced infotainment systems and others.
- The growing need for an immersive digital experience among consumers and the surge in the adoption of advanced features in automotive drives the automotive digital cockpit market. The demand for advanced digital experiences is rising, and also rising changes in analog car dashboards to multi-screen and multimodal digital experiences for users.
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Automotive Digital Cockpit Market: Strategic Insights
Automotive Digital Cockpit Market
-
CAGR (2023 - 2031)
13.2%
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Increasing automotive sales with consumers preference digital cockpits, which is driving market growth
FUTURE TRENDS
- The evolution of advanced infotainment systems with adoption of connected cars are likely to remain a key trend in the market.
OPPORTUNITIES
- Increasing Adoption of Artificial Intelligence, IoT, and Advanced Infotainment Systems Driving the Opportunity in the Market
Key Players
- Robert Bosch GmbH
- Denso Corporation
- Visteon
- Aptiv
- Harman International
- Pioneer Corporation
- Nisshinbo Brake Inc
- Continental AG ZF Friedrichshafen AG
- Federal Mogul
- Hyundai Mobis
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Vehicle Type
- Light Commercial Vehicle
- Passenger Car
- Heavy Commercial Vehicle
Equipment
- Digital Instrument Cluster Display Type
- Advanced Head Unit
- Head-Up Display
- Camera-Based Driver Monitoring System
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Automotive Digital Cockpit Market: Strategic Insights
-
CAGR (2023 - 2031)13.2% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Increasing automotive sales with consumers preference digital cockpits, which is driving market growth
- The evolution of advanced infotainment systems with adoption of connected cars are likely to remain a key trend in the market.
- Increasing Adoption of Artificial Intelligence, IoT, and Advanced Infotainment Systems Driving the Opportunity in the Market
Key Players
- Robert Bosch GmbH
- Denso Corporation
- Visteon
- Aptiv
- Harman International
- Pioneer Corporation
- Nisshinbo Brake Inc
- Continental AG ZF Friedrichshafen AG
- Federal Mogul
- Hyundai Mobis
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Light Commercial Vehicle
- Passenger Car
- Heavy Commercial Vehicle
- Digital Instrument Cluster Display Type
- Advanced Head Unit
- Head-Up Display
- Camera-Based Driver Monitoring System
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Automotive Digital Cockpit Market Drivers and Opportunities
Increasing automotive sales with consumers' preference for digital cockpits, which is driving market growth
- Increased automotive sales have resulted in the customization of digital cockpits for convenience, driving the market CAGR for automotive digital cockpits. According to the International Organization of Motor Vehicle Manufacturers (OICA), passenger car sales around the globe reached 65.27 million units in 2023, which increased by 11.3% compared to the previous year, 2022. Such increases in passenger car sales globally have created a massive demand for the automotive digital cockpit market growth during the forecast period.
- Most automotive OEMs offer customizations in digital cockpits based on buyer demands and preferences, with controls mounted on steering wheels or a voice control touch screen to operate the vehicle, focusing on providing the driver with an effortless driving experience with smoother vehicle functionality.
Increasing Adoption of Artificial Intelligence, IoT, and Advanced Infotainment Systems Driving the Opportunity in the Market
- The automotive industry is experiencing digital transformation, providing its customers with a unified digital experience. The digital cockpit has become a main part of automakers focused on software-defined vehicles. The adoption of in-vehicle telematics, infotainment systems, safety sensors, navigation, and IoT are driving factors for the automotive digital cockpit market. The growing demand for improved comfort and convenience in vehicles in emerging economies significantly affects the digital cockpit market of automotive.
- Also, the growing adoption of connected cars and autonomous vehicles across the globe in developed countries is expected to create ample opportunity for the automotive digital cockpit market growth.
Automotive Digital Cockpit Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Automotive Digital Cockpit market analysis are vehicle type and equipment.
- On the basis of vehicle type, the market is divided into light commercial vehicle, passenger cars, and heavy commercial vehicle.
- Based on Equipment, the automotive digital cockpit market is divided into the digital instrument cluster display type, advanced head unit, head-up display (HUD), camera-based driver monitoring system, and others.
Automotive Digital Cockpit Market Share Analysis by Geography
- The automotive digital cockpit market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering Automotive Digital Cockpit market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the Automotive Digital Cockpit market in these regions.
Automotive Digital Cockpit Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 13.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Vehicle Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Automotive Digital Cockpit Market News and Recent Developments
The automotive digital cockpit market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive digital cockpit market are listed below:
- Continental and Google Cloud continue their journey with the theme “Talking instead of Typing” at CES 2024, Las Vegas. The two companies announced their new partnership last year at IAA Mobility. They joined forces to equip cars with generative AI, enabling an intuitive user experience for drivers. The seamless integration of Google Cloud’s conversational and gen AI into Continental’s Smart Cockpit High-Performance Computer (HPC) enables a natural and intuitive interaction between user and assistant. Prime use cases for such an experience are conversational navigation, driver personalization and in-car control. (Source: Glue Up, Company Website, April 2024)
- BlackBerry Limited and PATEO, a leading Internet of Vehicles (IvO) technology service and product provider in China, announced that PATEO’s intelligent cockpit, PATEO CONNECT+, will be powered by BlackBerry® QNX® technology and put into mass production in more than ten individual models across five OEMs, including VOYAH, Hozon New Energy (NETA), a top private car company in China and two international automakers. (Source: BlackBerry Limited, News, June, 2022)
- Visteon and Qualcomm Technologies, Inc. announced that the companies intend to take their technology collaboration one step further with the development of a high-performance cockpit domain controller designed to enable global automakers to build next-generation cockpits. (Source: Visteon, News, January 2023)
Automotive Digital Cockpit Market Report Coverage and Deliverables
The “Automotive Digital Cockpit Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive digital cockpit market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive digital cockpit market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Automotive Digital Cockpit market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Automotive Digital Cockpit market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the automotive digital cockpit market are Robert Bosch GmbH, Denso Corporation, Visteon, Aptiv, Harman International, Pioneer Corporation, Nisshinbo Brake Inc., Continental AG, ZF Friedrichshafen AG, Federal-Mogul, Hyundai Mobis, and Others.
Increasing adoption of artificial intelligence, IoT, and advanced infotainment systems driving the opportunity in the market.
The global automotive digital cockpit market is expected to grow at a CAGR of 13.2% during the forecast period 2023 - 2031.
Increasing automotive sales with consumers' preference for digital cockpits is driving market growth.
The List of Companies
1. Continental AG
2. Denso Corporation
3. Faurecia
4. Garmin Ltd.
5. JVC Kenwood Corporation
6. Panasonic Corporation
7. Robert Bosch GmBH
8. Samsung Corporation (Harman International)
9. Tieto
10. Visteon Corporation