Automotive Cockpit Systems Market, By Equipment, By Display Technology, By Vehicle Type, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
Automotive Cockpit Systems Market size was valued at USD 25,665.12 Million in 2023, expanding at a CAGR of 8.7% from 2024 to 2032.
Automotive cockpit systems refer to the integrated digital interfaces and controls within a vehicle's interior, designed to enhance the driver's experience and provide information, entertainment, and control over various functions of the vehicle. There's a growing emphasis on integrating safety features into cockpit systems, such as advanced driver assistance systems (ADAS), collision avoidance systems, and monitoring tools to prevent distracted driving. However, with the increasing connectivity of vehicles, there are growing concerns about data privacy and cybersecurity. Furthermore, the shift towards electric and autonomous vehicles presents opportunities to redesign cockpit systems to better accommodate the needs and preferences of passengers in a more relaxed and interactive environment.
Automotive Cockpit Systems Market- Market Dynamics
The proliferation of automotive digital cockpits is rising at a significant pace rate
With rapid advancements in technology, automotive manufacturers are incorporating more digital features into vehicles to enhance the driving experience and meet consumer demands for connectivity, convenience, and safety. Automotive manufacturers are leveraging digital cockpit systems as a competitive differentiator to attract customers and differentiate their vehicles from competitors. For instance, in April 2024, A strategic partnership was announced by JOYNEXT, a reputable Tier 1 player in the automotive industry, and Sasken Technologies Limited, a leading product development provider, to work together on the creation and introduction of cutting-edge platforms for both in-vehicle systems (navigation, digital cockpit, and 5G telematics) and off-vehicle cloud and digital services leveraging emerging technologies for the automotive industry.
Automotive Cockpit Systems Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 8.7% over the forecast period (2024-2032)
Based on display technology segmentation, LCD was predicted to show maximum market share in the year 2023
Based on vehicle type segmentation, commercial was the leading type in 2023
Based on region, Asia Pacific was the leading revenue generator in 2023
Automotive Cockpit Systems Market- Segmentation Analysis:
The Global Automotive Cockpit Systems Market is segmented based on Equipment, Display Technology, Vehicle Type, and Region.
The market is divided into three categories based on display technology: Automotive cockpit systems often utilize LCD (Liquid Crystal Display) screens for various purposes such as instrument clusters, infotainment displays, navigation systems, and more. These LCD screens provide clear and customizable visual interfaces for drivers and passengers, enhancing the overall driving experience
The market is divided into two categories based on vehicle type: Automotive cockpit systems in commercial vehicles play a crucial role in providing drivers with essential information, controls, and comfort features while they operate the vehicle. Automotive cockpit systems in commercial vehicles are essential for enhancing driver comfort, safety, and productivity.
Automotive Cockpit Systems Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Due to its sizable automobile market, high consumer demand for cutting-edge technologies, and government support for smart transportation and electric vehicles, China is predicted to be at the vanguard. Numerous original equipment manufacturers (OEMs) are operating in the area, utilizing cutting-edge technology to draw in new clients and establishing tactical alliances with prominent industry participants to secure a competitive edge. The market holds a sizable portion of the global vehicle digital cockpit industry in Europe. Prominent premium car makers and automotive OEMs have their manufacturing facilities in this region.
Automotive Cockpit Systems Market- Competitive Landscape:
High investments from OEMs like Volkswagen, Daimler, BMW, Jaguar Land Rover, Honda, Nissan, and others have propelled automotive manufacturing activity in the region. The market is expected to be driven by the majority of high-end automakers in the region that equip their cars with cutting-edge automotive display technologies. The major manufacturers provide a large selection of digital instrument clusters, Head-Up Display (HUD) units, and driving monitoring systems for both passenger cars and commercial vehicles. To improve their position in the market, they are also pursuing strategic initiatives like partnerships, collaborations, acquisitions, mergers, and geographical expansions.
Recent Developments:
In September 2023, Google Cloud Technology, and Continental announced a strategic partnership to provide innovative, flexible solutions for the automotive industry.
In January 2024, Stellantis launched a virtual cockpit in collaboration with Amazon Cloud and BlackBerry. This platform allows to accelerate the design and testing of new car control systems.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOMOTIVE COCKPIT SYSTEMS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Aptiv
Calsonic Kansei Corporation
Clarion
Continental AG
Denso Corporation
DESAY Industry
Faurecia
Garmin
HARMAN International
MOBIS INDIA LIMITED
Japan Display, Inc.
Luxoft
Magna International
Others
GLOBAL AUTOMOTIVE COCKPIT SYSTEMS MARKET, BY EQUIPMENT - MARKET ANALYSIS, 2019 - 2032
Digital Instrument Cluster
Driving Monitoring System
Head-up Display (HUD)
GLOBAL AUTOMOTIVE COCKPIT SYSTEMS MARKET, BY DISPLAY TECHNOLOGY - MARKET ANALYSIS, 2019 - 2032
LCD
TFT-LCD
OLED
GLOBAL AUTOMOTIVE COCKPIT SYSTEMS MARKET, BY VEHICLE TYPE - MARKET ANALYSIS, 2019 - 2032
Passenger Cars
Commercial Vehicles
GLOBAL AUTOMOTIVE COCKPIT SYSTEMS MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1.Automotive Cockpit Systems Market Overview
1.1.Study Scope
1.2.Market Estimation Years
2.Executive Summary
2.1.Market Snippet
2.1.1.Automotive Cockpit Systems Market Snippet by Equipment
2.1.2.Automotive Cockpit Systems Market Snippet by Display Technology
2.1.3.Automotive Cockpit Systems Market Snippet by Vehicle Type
2.1.4.Automotive Cockpit Systems Market Snippet by Country
2.1.5.Automotive Cockpit Systems Market Snippet by Region
2.2.Competitive Insights
3.Automotive Cockpit Systems Key Market Trends
3.1.Automotive Cockpit Systems Market Drivers
3.1.1.Impact Analysis of Market Drivers
3.2.Automotive Cockpit Systems Market Restraints
3.2.1.Impact Analysis of Market Restraints
3.3.Automotive Cockpit Systems Market Opportunities
3.4.Automotive Cockpit Systems Market Future Trends
4.Automotive Cockpit Systems Industry Study
4.1.PEST Analysis
4.2.Porter's Five Forces Analysis
4.3.Growth Prospect Mapping
4.4.Regulatory Framework Analysis
5.Automotive Cockpit Systems Market: COVID-19 Impact Analysis
5.1.Pre-COVID-19 Impact Analysis
5.2.Post-COVID-19 Impact Analysis
5.2.1.Top Performing Segments
5.2.2.Marginal Growth Segments
5.2.3.Top Looser Segments
5.2.4.Marginal Loss Segments
6.Automotive Cockpit Systems Market Landscape
6.1.Automotive Cockpit Systems Market Share Analysis, 2023
6.2.Breakdown Data, by Key Manufacturer
6.2.1.Established Players' Analysis
6.2.2.Emerging Players' Analysis
7.Automotive Cockpit Systems Market - By Equipment
7.1.Overview
7.1.1.Segment Share Analysis, By Equipment, 2023 & 2032 (%)
7.1.2.Digital Instrument Cluster
7.1.3.Driving Monitoring System
7.1.4.Head-up Display (HUD)
8.Automotive Cockpit Systems Market - By Display Technology
8.1.Overview
8.1.1.Segment Share Analysis, By Display Technology, 2023 & 2032 (%)
8.1.2.LCD
8.1.3.TFT-LCD
8.1.4.OLED
9.Automotive Cockpit Systems Market - By Vehicle Type
9.1.Overview
9.1.1.Segment Share Analysis, By Vehicle Type, 2023 & 2032 (%)
9.1.2.Passenger Cars
9.1.3.Commercial Vehicles
10.Automotive Cockpit Systems Market- By Geography
10.1.Introduction
10.1.1.Segment Share Analysis, By Geography, 2023 & 2032 (%)
10.2.North America
10.2.1.Overview
10.2.2.Automotive Cockpit Systems Key Manufacturers in North America
10.2.3.North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.2.4.North America Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
10.2.5.North America Market Size and Forecast, By Display Technology, 2019 - 2032 (US$ Million)
10.2.6.North America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)