Global Automotive Cockpit Electronics Market
Automotive Cockpit Electronics Market Size And Forecast
According to Verified Market Research, the Global Automotive Cockpit Electronics Market was valued at USD 35.20 Billion in 2018 and is projected to reach USD 66.61 Billion by 2026, growing at a CAGR of 8.26% from 2019 to 2026.
Global Automotive Cockpit Electronics Market Outlook
The rising penetration in road transportation, and thereby increasing the number of deaths causing accidents are the key factor for driving the market growth. In addition, the growing demand for the user driving experience with the integration of smartphones, and multiple technologies led to imposing a positive impact on the growth of the market. Moreover, the growing connectivity in the vehicle and government regulations pertaining to telematics are some other factors driving the market growth. However, the issues related to the high power consumption, and cyber threats owing to vehicle telematics are expected to hamper the market growth.
Global Automotive Cockpit Electronics Market Competitive Landscape
The Global Automotive Cockpit Electronics Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as General Motors, Denso Corporation, Panasonic Corporation Harman International, Continental AG, Robert Bosch GmbH, Visteon Corporation, Delphi Automotive PLC, Volkswagen AG, and Daimler AG.
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