In-car personalization experience enhances customer satisfaction without compromising on vehicle safety and quality. A vehicle owner makes purchasing choices that reflect one's character and style statement. Regulatory norms prohibit any major modification in vehicle structure, but an all-featured center console on the fingertips enhances the premium appeal of a cabin's ergonomics to create an advantage in the market. The increasing safety and comfort features in modern vehicles find a place in the vehicle's cockpit which acts as a direct point of interaction between the driver and the vehicle. Cockpit modules, therefore, integrate these additional systems in a compact and neat manner to give a premium appeal to vehicle interiors. Technavio's analysts have predicted that the automotive cockpit module market will register a CAGR of over 5% by 2023.
Market Overview
Adoption of advanced human- machine interfaces (HMI) in mass segment vehicles
The cockpit is one of the most important interior applications in a vehicle as it offers crucial control points to the driver. Vehicle manufacturers have been integrating automation with automotive cockpits to enhance utility and driver comfort. Electrification is driving technological developments in vehicle cockpits, and this will benefit the global automotive cockpit module market during the forecast period.
Increasing cost pressures on automotive OEMs
Suppliers are under con a pressure to reduce the weight of automotive interior components during the manufacturing process. Manufacturers prefer lightweight automotive interiors to enhance the fuel efficiency of vehicles. However, making interior components lightweight require high-cost materials as inputs, which raises production costs substantially.
For the detailed list of factors that will drive and challenge the growth of the automotive cockpit module market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Passenger cars - Market size and forecast 2018-2023
Commercial vehicles - Market size and forecast 2018-2023
Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Automotive gesture recognition system - concept overview
Digitalization - enhancement to vehicle interiors and USP for OEMs
Connected vehicle technology and Internet of Things (IoT)
Maturing autonomous vehicles concept
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Continental AG
Faurecia
Grupo Antolin
Samvardhana Motherson Group
Visteon Corporation
PART 14: APPENDIX
Research methodology
List of abbreviations
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Global automotive components market
Exhibit 02: Segments of global automotive components market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)