Global Automotive control Panel Industry Global Market 2018 Report
Automotive control Panel Market 2018 Global Industry Forecast To 2023 Report published by Market Research Future. Report provides comprehensive information on Global Automotive control panel Market Information Report By Component (Rotary Switch, roof light, Touch Pad, Smart Roof, Locking Function, Side mirror, Door Panel Light, Driver Monitoring Camera, Electric Window and Others), By Control Panel Type (Manual, push button and Touch Screen), By Vehicle Type (Passenger Cars and Commercial Vehicles) and By Region - Forecast To 2023.
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Global Automotive control Panel Market Analysis:
Automotive control panels are electrical and displaying controls that are being used for the operation of vehicles. The control panel provides the driver with operational knowledge of various systems of the vehicle. Control panels form an integral part of passenger cars, motorcycles, airplanes, ship, boats and other vehicles.
The global automotive control panel market is being majorly driven by factors such as the increase in the demand for electric vehicles in major parts of the world. This, in turn, would drive the demand for automotive electronic components also control panels with advanced features. The inclusion of advanced control panels in electric vehicles, ensures easy access to the driver for various comfort and convenience features in the automobile. The introduction of stringent government regulations for the reduction of weight of vehicles for reducing carbon dioxide emissions, is also driving the growth of the market. The other factors contributing in the growth of the automotive control panels market are the rapid urbanization, increase in demand for interior comfort, and increase in the sales of luxury cars.
The prominent players in the automotive control panel market include Continental AG (Germany), Johnson Controls, Inc. (U.S.), Magna International Inc. (Canada), Hyundai Mobis Co. Ltd. (South Korea), Faurecia S.A. (France), Lear Corporation (U.S.), Valeo SA (France), Delphi Automotive Plc. (U.K.), Toyota Boshoku Corporation (Japan) and Calsonic Kansei Corporation (Japan).
The global automotive control panel market has seen a remarkable growth in the global market and it has been observed that, its demand in future is expected to grow with the CAGR of ~7%.
Geographically, the global automotive control panel market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Countries such as China have the existence of a large number of automobile control panel manufacturers in the Asia Pacific region. The region is expected to dominate the global automotive control panel market over the forecast period Original equipment manufacturers in this region are enhancing their technological capabilities and, are thus, able to offer better interior facilities for vehicles. The region also indicates promising growth potential, owing to an increase in comfort and safety levels in premium and luxury cars. The increase in the production of automobiles along with the growing demand for comfort and convenience is also expected to contribute in the growth of the market over the forecast period.
List of Figures:
FIGURE 1 Automotive control Panel Market Global Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Automotive control Panel Industry
FIGURE 4 Value Chain Of Automotive control Panel Market Global
FIGURE 5 Automotive control Panel Market: By Vehicle Type, 2014-2022 (USD Billion)
FIGURE 6 Global Automotive control Panel Industry: By Technology, 2014-2022 (USD Billion)
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