Automotive Digital Cockpit Market Research Report - Global Forecast till 2025

Global Automotive Digital Cockpit Market Research Report: Information by Equipment (Digital Instrument Cluster, Advanced Head Unit, and Camera-Based Driver Monitoring System), by Vehicle Type (PC and LCV), by Propulsion (BEV, HEV, and PEV), and by Region - Forecast till 2025

ID: MRFR/AM/6286-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis:

A digital cockpit is installed in a vehicle to provide reliable vehicle as well as safety information to the driver. A digital cockpit enables the driver to access maps and media by means of instrumental clusters installed within a vehicle. Additionally, it helps in enabling the driver to improve their focus and attention on the road, including augmentation with HUD to display relevant driving information in their direct field of vision. Moreover, the introduction of adaptive driver assistance system (ADAS) in vehicles for providing driver safety is pushing automotive OEMs to integrate digital cockpits with safety systems, which is driving the demand for advanced automotive cabins in vehicles. Furthermore, these digital cockpits are paired with a cluster of digital instruments and infotainment systems, featuring one or more displays in the vehicle, to provide better safety assistance features to drivers.

Ongoing trends such as electrification, hybridization, and introduction of connected or autonomous vehicles is creating opportunities for automotive Human-Machine Interface (HMI) software solutions providers to design and install fully digital instrument clusters along with high-resolution infotainment systems in automobiles. Furthermore, digital cockpits enable the automotive infotainment systems to provide access to various functions, such as voice guidance, 2D/3D map display, marker setting, hybrid position, location search, player, route planning, route guide, route learning, and integration of third-party driver assistance system. The digital cockpit also comprises intelligent cloud mirror that supports the mainstream hardware platform, which can be connected with various features including safety (ADAS, anti-theft, face recognition, tired driving notification, rear car image, and radar speed warning), convenience (one-key navigation, online/offline navigation, voice interact, drive recorder, Bluetooth call, road rescue, and one-key car insurance service), and entertainment (online music appreciation, HD video player, photo browser, FM network radio, and FM audio transmitter).

Moreover, automotive OEMs are focusing on providing customized digital cockpits with touchscreen, voice-control or steering-wheel-mounted controls to operate the vehicle, thus providing an ease in vehicle functionality and effortless driving experience. The constant advancements in vehicle safety and infotainment system features are expected to fuel the demand for digital cockpits, during the forecast period.   

Segmentation: Global Automotive Digital Cockpit Market Automotive Digital Cockpit Market

The global automotive digital cockpit market is segmented on the basis of equipment, vehicle type, propulsion, and region. On the basis of equipment, the global market has been segmented into advanced head unit, digital instrument cluster display type, camera-based driver monitoring system, and head-up display (HUD). On the basis of vehicle type, the global market has been segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. On the basis of propulsion, the global market has been segmented into internal combustion engine (ICE), battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV).

Geographically, the global automotive digital cockpit market has been segmented into four major regions- North America, Europe, Asia-Pacific, and the Rest of the World. Europe is estimated to hold the prominent market share during the forecast period owing to the presence of major automotive OEMs and tier-1 suppliers. These OEMs are constantly working on enhancing the conventional automotive cockpit. On the other hand, Asia-Pacific is estimated to witness substantial growth in the global market, as the consumer demand for advanced user experience in the mid-priced and economy segment passenger cars is constantly increasing.

Key Players

The prominent players in the global automotive digital cockpit market include Robert Bosch GmbH (Germany), Continental (Germany), Denso Corporation (Japan), Panasonic Corporation (Japan), Faurecia (France), Aptiv (Ireland), HARMAN International (US), Pioneer Corporation (Japan), Nippon Seiki Co., Ltd (Japan), and Visteon Corporation (US).  

The report for global automotive digital cockpit market of market research future research covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Frequently Asked Questions (FAQ) :

9.5% is the growth rate the market can expect to achieve in the coming years.

Emergence of connected cars as well as hardware consolidation ensures that the market has a smooth run in the near future.

Faurecia (France), Visteon Corporation (US), Panasonic Corporation (Japan), HARMAN International (US), Continental (Germany), Pioneer Corporation (Japan), Robert Bosch GmbH (Germany), Aptiv (Ireland), Nippon Seiki Co., Ltd (Japan), Denso Corporation (Japan), are the top companies in the market.

Europe can emerge as the leading market for automotive digital cockpit.

The APAC market can note substantial growth in the given timeframe.