Global Automotive Cockpit Systems Market

Automotive Cockpit Systems Market Size, Share, Growth Analysis, By Equipment(Digital Instrument Cluster, Driving Monitoring System), By Display technology(LCD, TFT-LCD), By vehicle type(Passenger Cars, Commercial Vehicles) - Industry Forecast 2024-2031


Report ID: SQMIG45I2121 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 89 | Figures: 79

Automotive Cockpit Systems Market News

  • In April 2023, Volkswagen entered into a software venture in China with Thundersoft, facilitated through its subsidiary CARIAD. This collaborative effort is directed at the development and enhancement of digital cockpit technologies specifically tailored for Volkswagen's vehicles within the market. The strategic partnership aligns seamlessly with the surging demand for advanced digital cockpit solutions in China's automotive sector. 

  • In October 2022, Nvidia and Qualcomm emerged as influential forces significantly shaping the software-defined vehicle market, notably within China. Their substantial contributions underscore the growing significance of digital cockpits within the Chinese automotive landscape. This emphasis on digital cockpits stems from the rapid advancements in connectivity, integration of AI-based features, and the continuous pursuit of elevating user experiences.

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Automotive Cockpit Systems Services Market size was valued at USD 23.88 billion in 2022 and is poised to grow from USD 26.03 billion in 2023 to USD 51.86 billion by 2031, growing at a CAGR of 9.00% in the forecast period (2024-2031).

The Automotive Cockpit Systems Market is highly fragmented and competitive. The integrated digital display systems and controls that take the place of conventional analog gauges and controls in contemporary vehicles are referred to as the automotive cockpit. The cockpit increases safety, improves the driving experience, and gives drivers access to real-time data about their vehicle's performance and the world around it. Advanced driving assistance systems (ADAS), infotainment systems, and digital displays are the areas of expertise for Continental AG, a German automaker. 'Aptiv (Ireland)', 'Calsonic Kansei Corporation (Japan)', 'Clarion (Japan)', 'Continental AG: Hanover, Germany', 'Denso Corporation (Japan)', 'DESAY Industry (China)', 'Faurecia (France)', 'Garmin (US)', 'HARMAN International (US)', 'MOBIS INDIA LIMITED (India)', 'Japan Display, Inc. (Japan)', 'Luxoft (Switzerland)', 'Magna International (Canada)', 'Marelli Holdings Co., Ltd. (Japan)', 'Panasonic Automotive Systems Europe GmbH (Germany)', 'Pioneer Corporation (Japan)', 'PREH GMBH (Germany)', 'Robert Bosch GmbH (Germany)', 'Valeo (France)', 'Visteon Corporation (US)', 'Wayray (Switzerland)', 'Yazaki (Japan)', 'ZF Friedrichshafen AG (Germany) '

AI and voice assistants are increasingly being included in digital cockpits. Infotainment systems are incorporating voice assistants like Amazon Alexa and Google Assistant, enabling users to voice-control the car's numerous systems and features.

North America dominated the Automotive Cockpit Systems Market . North America, Europe, and Asia Pacific hold a disproportionate amount of the market for car cockpit systems. Due to the existence of multiple significant automakers and the high demand for luxury vehicles, North America has the largest market. The second-largest market is Europe, with Germany dominating the region due to its robust automotive sector and emphasis on cutting-edge technology. Due to rising consumer incomes, accelerating urbanization, and government actions to support electric vehicles, the Asia Pacific region is the market with the quickest rate of growth.

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Global Automotive Cockpit Systems Market

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