Automotive Cockpit Electronics Market Growth Report 2021-2031
The automotive cockpit electronics market is expected to register a CAGR of 8.2% during 2023–2031. The evolution of advanced technologies in vehicles is likely to remain a key trend in the market.
Automotive Cockpit Electronics Market Analysis
- The demand for luxury cars and highly sophisticated vehicle components is rising due to the ongoing proliferation of technological advancements in vehicle infotainment, telematics, and navigation. This, in turn, is expanding the use of automotive digital cockpits in the global market.
- The digital cockpit is typically identified with the enhanced digital experience found inside a car, which includes numerous screens, digital assistants, and various input methods. The digital cockpit provides solutions, including digital instruments and single or dual-screen infotainment systems.
Automotive Cockpit Electronics Market Overview
- The market for automotive digital cockpits is being driven by an increase in sales of automobiles, which led to the customization of digital cockpits for convenience.
- To provide drivers with a streamlined driving experience and smooth vehicle functionality, the majority of automotive manufacturers offer customizations in digital cockpits based on customer demands and preferences.
- These customizations involve mounting controls on steering wheels or using a voice control touch screen.
- The development of autonomous vehicles and other technological advancements in automobiles, the digitization of compatible parts, and the explosive rise in vehicle sales, especially of luxury and passenger cars, are also anticipated to significantly accelerate the growth of the automotive digital cockpit market.
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 Cockpit Electronics Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
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 Cockpit Electronics Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Automotive Cockpit Electronics Market Drivers and Opportunities
Growing Focus on Technological Advancement in Vehicles to Favor the Market
- The demand for high-end cockpit electronics has upsurged owing to the popularity of electric and autonomous vehicles.
- Specialized electronic systems are required for electric vehicle (EV) power management, charging status monitoring, and energy efficiency optimization. Simultaneously, the ability of autonomous cars to drive themselves is largely dependent on sophisticated computer systems, cameras, and sensors that are integrated into the cockpit.
- Since electronics suppliers are essential to the creation and viability of electric and driverless vehicles, these technological advancements have consequently created new opportunities for automotive manufacturers.
- Increasing consumer preference for high-end vehicles with more luxury and security features is also driving the growth of the automotive cockpit electronics market.
Increasing Demand for Vehicle Electrification
- The automotive industry is enduring a revolution, especially in the market for cockpit electronics, due to the growing trend towards electric vehicles.
- The demand for innovative electronic systems that guarantee peak performance, effective management, and thorough monitoring is growing as more consumers choose electric vehicles.
- These systems facilitate real-time data analysis, offer intuitive controls, and allow seamless integration between various vehicle components, and these complex electronic systems are essential to improving the driving experience.
- Automotive technology is changing as an outcome of these state-of-the-art electronic systems, which offer unmatched effectiveness and efficiency.
Automotive Cockpit Electronics Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive cockpit electronics market analysis are product, application, and end user.
- Based on product, the automotive cockpit electronics market is divided into head-up display, information display, infotainment & navigation, instrument cluster, and telematics.
- based on the application, the market is divided into entertainment system applications, passenger comfort applications, active safety applications, and driver assistance applications.
- Based on end users, the automotive cockpit electronics market is divided into economic passenger cars, mid-priced passenger cars, and luxury passenger cars.
Automotive Cockpit Electronics Market Share Analysis by Geography
- The automotive cockpit electronics 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 cockpit electronics 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 cockpit electronics market in these regions.
Automotive Cockpit Electronics Market Report Scope
Automotive Cockpit Electronics Market News and Recent Developments
The automotive cockpit electronics 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 cockpit electronics market are listed below:
- Qualcomm Technologies, Inc. and Robert Bosch GmbH today at CES 2024 introduced the automotive industry’s first central vehicle computer capable of running infotainment and advanced driver assistance system (ADAS) functionalities on one single system-on-chip (SoC). Bosch unveiled this new central vehicle computer, known as its cockpit & ADAS integration platform, that is based on the Snapdragon Ride Flex System-on-Chip (SoC). The companies’ work together on Bosch’s new cockpit & ADAS integration platform is a result of their long-standing relationship to develop highly consolidated solutions that are defining the future of software-defined vehicles. Together, the companies have successfully executed several in-vehicle infotainment (IVI) projects and established a robust global customer base in this area. (Source: Qualcomm Technologies, Inc., Company Website, January 2024)
- HARMAN unveiled the expansion of its Ready product portfolio, highlighted by ongoing work with Samsung and close collaboration with industry-leading companies. This latest evolution of HARMAN’s road-ready product lineup emphasizes connectivity and cohesion by infusing new technologies with third-party solutions to create consumer experiences at automotive grade that raise the bar of customer expectation from their vehicles currently. (Source: Harman International Industries Inc., Company Website, January 2024)
Automotive Cockpit Electronics Market Report Coverage and Deliverables
The “Automotive Cockpit Electronics Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive cockpit electronics market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive cockpit electronics market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive cockpit electronics 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 in the automotive cockpit electronics 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
The rapid advancement of vehicle electrification technology is one of the major factors driving the automotive cockpit electronics market.
The global automotive cockpit electronics market is expected to grow at a CAGR of 8.2% during the forecast period 2023 - 2031.
An increase in sales of high-end vehicles is anticipated to play a significant role in the global automotive cockpit electronics market in the coming years.
The leading players operating in the automotive cockpit electronics market are Robert Bosch GmbH, Visteon Corporation, Pioneer Corporation, Panasonic Corporation, Continental AG, Garmin Ltd, Denso Corporation, Harman International Industries Inc., and Clarion Company Ltd.
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 the Excel dataset based on the request.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Cockpit Electronics Market - By Product
1.3.2 Automotive Cockpit Electronics Market - By Application
1.3.3 Automotive Cockpit Electronics Market - By End User
1.3.4 Automotive Cockpit Electronics Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE COCKPIT ELECTRONICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE COCKPIT ELECTRONICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTOMOTIVE COCKPIT ELECTRONICS MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE COCKPIT ELECTRONICS - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE COCKPIT ELECTRONICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE COCKPIT ELECTRONICS MARKET - REVENUE AND FORECASTS TO 2028 – PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. HEAD-UP DISPLAY
7.3.1. Overview
7.3.2. Head-up Display Market Forecast and Analysis
7.4. INFORMATION DISPLAY
7.4.1. Overview
7.4.2. Information Display Market Forecast and Analysis
7.5. INFOTAINMENT & NAVIGATION
7.5.1. Overview
7.5.2. Infotainment Navigation Market Forecast and Analysis
7.6. INSTRUMENT CLUSTER
7.6.1. Overview
7.6.2. Instrument Cluster Market Forecast and Analysis
7.7. TELEMATICS
7.7.1. Overview
7.7.2. Telematics Market Forecast and Analysis
8. AUTOMOTIVE COCKPIT ELECTRONICS MARKET - REVENUE AND FORECASTS TO 2028 – APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ENTERTAINMENT SYSTEM APPLICATION
8.3.1. Overview
8.3.2. Entertainment System Application Market Forecast and Analysis
8.4. PASSENGER COMFORT APPLICATION
8.4.1. Overview
8.4.2. Passenger Comfort Application Market Forecast and Analysis
8.5. ACTIVE SAFETY APPLICATION
8.5.1. Overview
8.5.2. Active Safety Application Market Forecast and Analysis
8.6. DRIVER ASSISTANCE APPLICATION
8.6.1. Overview
8.6.2. Driver Assistance Application Market Forecast and Analysis
9. AUTOMOTIVE COCKPIT ELECTRONICS MARKET - REVENUE AND FORECASTS TO 2028 – END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. ECONOMIC PASSENGER CAR
9.3.1. Overview
9.3.2. Economic Passenger Car Market Forecast and Analysis
9.4. MID-PRICED PASSENGER CAR
9.4.1. Overview
9.4.2. Mid-Priced Passenger Car Market Forecast and Analysis
9.5. LUXURY PASSENGER CAR
9.5.1. Overview
9.5.2. Luxury Passenger Car Market Forecast and Analysis
10. AUTOMOTIVE COCKPIT ELECTRONICS MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
- 10.1.1 North America Automotive Cockpit Electronics Market Overview
- 10.1.2 North America Automotive Cockpit Electronics Market Forecasts and Analysis
- 10.1.3 North America Automotive Cockpit Electronics Market Forecasts and Analysis - By Product
- 10.1.4 North America Automotive Cockpit Electronics Market Forecasts and Analysis - By Application
- 10.1.5 North America Automotive Cockpit Electronics Market Forecasts and Analysis - By End User
- 10.1.6 North America Automotive Cockpit Electronics Market Forecasts and Analysis - By Countries
10.1.6.1 United States Automotive Cockpit Electronics Market
- 10.1.6.1.1 United States Automotive Cockpit Electronics Market by Product
- 10.1.6.1.2 United States Automotive Cockpit Electronics Market by Application
- 10.1.6.1.3 United States Automotive Cockpit Electronics Market by End User
10.1.6.2 Canada Automotive Cockpit Electronics Market
- 10.1.6.2.1 Canada Automotive Cockpit Electronics Market by Product
- 10.1.6.2.2 Canada Automotive Cockpit Electronics Market by Application
- 10.1.6.2.3 Canada Automotive Cockpit Electronics Market by End User
10.1.6.3 Mexico Automotive Cockpit Electronics Market
- 10.1.6.3.1 Mexico Automotive Cockpit Electronics Market by Product
- 10.1.6.3.2 Mexico Automotive Cockpit Electronics Market by Application
- 10.1.6.3.3 Mexico Automotive Cockpit Electronics Market by End User
10.2. EUROPE
- 10.2.1 Europe Automotive Cockpit Electronics Market Overview
- 10.2.2 Europe Automotive Cockpit Electronics Market Forecasts and Analysis
- 10.2.3 Europe Automotive Cockpit Electronics Market Forecasts and Analysis - By Product
- 10.2.4 Europe Automotive Cockpit Electronics Market Forecasts and Analysis - By Application
- 10.2.5 Europe Automotive Cockpit Electronics Market Forecasts and Analysis - By End User
- 10.2.6 Europe Automotive Cockpit Electronics Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Automotive Cockpit Electronics Market
- 10.2.6.1.1 Germany Automotive Cockpit Electronics Market by Product
- 10.2.6.1.2 Germany Automotive Cockpit Electronics Market by Application
- 10.2.6.1.3 Germany Automotive Cockpit Electronics Market by End User
10.2.6.2 France Automotive Cockpit Electronics Market
- 10.2.6.2.1 France Automotive Cockpit Electronics Market by Product
- 10.2.6.2.2 France Automotive Cockpit Electronics Market by Application
- 10.2.6.2.3 France Automotive Cockpit Electronics Market by End User
10.2.6.3 Italy Automotive Cockpit Electronics Market
- 10.2.6.3.1 Italy Automotive Cockpit Electronics Market by Product
- 10.2.6.3.2 Italy Automotive Cockpit Electronics Market by Application
- 10.2.6.3.3 Italy Automotive Cockpit Electronics Market by End User
10.2.6.4 United Kingdom Automotive Cockpit Electronics Market
- 10.2.6.4.1 United Kingdom Automotive Cockpit Electronics Market by Product
- 10.2.6.4.2 United Kingdom Automotive Cockpit Electronics Market by Application
- 10.2.6.4.3 United Kingdom Automotive Cockpit Electronics Market by End User
10.2.6.5 Russia Automotive Cockpit Electronics Market
- 10.2.6.5.1 Russia Automotive Cockpit Electronics Market by Product
- 10.2.6.5.2 Russia Automotive Cockpit Electronics Market by Application
- 10.2.6.5.3 Russia Automotive Cockpit Electronics Market by End User
10.2.6.6 Rest of Europe Automotive Cockpit Electronics Market
- 10.2.6.6.1 Rest of Europe Automotive Cockpit Electronics Market by Product
- 10.2.6.6.2 Rest of Europe Automotive Cockpit Electronics Market by Application
- 10.2.6.6.3 Rest of Europe Automotive Cockpit Electronics Market by End User
10.3. ASIA-PACIFIC
- 10.3.1 Asia-Pacific Automotive Cockpit Electronics Market Overview
- 10.3.2 Asia-Pacific Automotive Cockpit Electronics Market Forecasts and Analysis
- 10.3.3 Asia-Pacific Automotive Cockpit Electronics Market Forecasts and Analysis - By Product
- 10.3.4 Asia-Pacific Automotive Cockpit Electronics Market Forecasts and Analysis - By Application
- 10.3.5 Asia-Pacific Automotive Cockpit Electronics Market Forecasts and Analysis - By End User
- 10.3.6 Asia-Pacific Automotive Cockpit Electronics Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Automotive Cockpit Electronics Market
- 10.3.6.1.1 Australia Automotive Cockpit Electronics Market by Product
- 10.3.6.1.2 Australia Automotive Cockpit Electronics Market by Application
- 10.3.6.1.3 Australia Automotive Cockpit Electronics Market by End User
10.3.6.2 China Automotive Cockpit Electronics Market
- 10.3.6.2.1 China Automotive Cockpit Electronics Market by Product
- 10.3.6.2.2 China Automotive Cockpit Electronics Market by Application
- 10.3.6.2.3 China Automotive Cockpit Electronics Market by End User
10.3.6.3 India Automotive Cockpit Electronics Market
- 10.3.6.3.1 India Automotive Cockpit Electronics Market by Product
- 10.3.6.3.2 India Automotive Cockpit Electronics Market by Application
- 10.3.6.3.3 India Automotive Cockpit Electronics Market by End User
10.3.6.4 Japan Automotive Cockpit Electronics Market
- 10.3.6.4.1 Japan Automotive Cockpit Electronics Market by Product
- 10.3.6.4.2 Japan Automotive Cockpit Electronics Market by Application
- 10.3.6.4.3 Japan Automotive Cockpit Electronics Market by End User
10.3.6.5 South Korea Automotive Cockpit Electronics Market
- 10.3.6.5.1 South Korea Automotive Cockpit Electronics Market by Product
- 10.3.6.5.2 South Korea Automotive Cockpit Electronics Market by Application
- 10.3.6.5.3 South Korea Automotive Cockpit Electronics Market by End User
10.3.6.6 Rest of Asia-Pacific Automotive Cockpit Electronics Market
- 10.3.6.6.1 Rest of Asia-Pacific Automotive Cockpit Electronics Market by Product
- 10.3.6.6.2 Rest of Asia-Pacific Automotive Cockpit Electronics Market by Application
- 10.3.6.6.3 Rest of Asia-Pacific Automotive Cockpit Electronics Market by End User
10.4. MIDDLE EAST AND AFRICA
- 10.4.1 Middle East and Africa Automotive Cockpit Electronics Market Overview
- 10.4.2 Middle East and Africa Automotive Cockpit Electronics Market Forecasts and Analysis
- 10.4.3 Middle East and Africa Automotive Cockpit Electronics Market Forecasts and Analysis - By Product
- 10.4.4 Middle East and Africa Automotive Cockpit Electronics Market Forecasts and Analysis - By Application
- 10.4.5 Middle East and Africa Automotive Cockpit Electronics Market Forecasts and Analysis - By End User
- 10.4.6 Middle East and Africa Automotive Cockpit Electronics Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Automotive Cockpit Electronics Market
- 10.4.6.1.1 South Africa Automotive Cockpit Electronics Market by Product
- 10.4.6.1.2 South Africa Automotive Cockpit Electronics Market by Application
- 10.4.6.1.3 South Africa Automotive Cockpit Electronics Market by End User
10.4.6.2 Saudi Arabia Automotive Cockpit Electronics Market
- 10.4.6.2.1 Saudi Arabia Automotive Cockpit Electronics Market by Product
- 10.4.6.2.2 Saudi Arabia Automotive Cockpit Electronics Market by Application
- 10.4.6.2.3 Saudi Arabia Automotive Cockpit Electronics Market by End User
10.4.6.3 U.A.E Automotive Cockpit Electronics Market
- 10.4.6.3.1 U.A.E Automotive Cockpit Electronics Market by Product
- 10.4.6.3.2 U.A.E Automotive Cockpit Electronics Market by Application
- 10.4.6.3.3 U.A.E Automotive Cockpit Electronics Market by End User
10.4.6.4 Rest of Middle East and Africa Automotive Cockpit Electronics Market
- 10.4.6.4.1 Rest of Middle East and Africa Automotive Cockpit Electronics Market by Product
- 10.4.6.4.2 Rest of Middle East and Africa Automotive Cockpit Electronics Market by Application
- 10.4.6.4.3 Rest of Middle East and Africa Automotive Cockpit Electronics Market by End User
10.5. SOUTH AND CENTRAL AMERICA
- 10.5.1 South and Central America Automotive Cockpit Electronics Market Overview
- 10.5.2 South and Central America Automotive Cockpit Electronics Market Forecasts and Analysis
- 10.5.3 South and Central America Automotive Cockpit Electronics Market Forecasts and Analysis - By Product
- 10.5.4 South and Central America Automotive Cockpit Electronics Market Forecasts and Analysis - By Application
- 10.5.5 South and Central America Automotive Cockpit Electronics Market Forecasts and Analysis - By End User
- 10.5.6 South and Central America Automotive Cockpit Electronics Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Automotive Cockpit Electronics Market
- 10.5.6.1.1 Brazil Automotive Cockpit Electronics Market by Product
- 10.5.6.1.2 Brazil Automotive Cockpit Electronics Market by Application
- 10.5.6.1.3 Brazil Automotive Cockpit Electronics Market by End User
10.5.6.2 Argentina Automotive Cockpit Electronics Market
- 10.5.6.2.1 Argentina Automotive Cockpit Electronics Market by Product
- 10.5.6.2.2 Argentina Automotive Cockpit Electronics Market by Application
- 10.5.6.2.3 Argentina Automotive Cockpit Electronics Market by End User
10.5.6.3 Rest of South and Central America Automotive Cockpit Electronics Market
- 10.5.6.3.1 Rest of South and Central America Automotive Cockpit Electronics Market by Product
- 10.5.6.3.2 Rest of South and Central America Automotive Cockpit Electronics Market by Application
- 10.5.6.3.3 Rest of South and Central America Automotive Cockpit Electronics Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. AUTOMOTIVE COCKPIT ELECTRONICS MARKET, KEY COMPANY PROFILES
12.1. APTIV PLC
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CLARION COMPANY LTD
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CONTINENTAL AG
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DENSO CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. GARMIN LTD
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. PANASONIC CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PIONEER CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ROBERT BOSCH GMBH
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAMSUNG (HARMAN INTERNATIONAL INDUSTRIES INC.)
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. VISTEON CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For