Le Lézard
Classified in: Transportation
Subject: SVY

The automotive cockpit module market will register a CAGR of over 5% by 2023

LONDON, March 19, 2019 /PRNewswire/ -- About this market
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. Analysts have predicted that the automotive cockpit module market will register a CAGR of over 5% by 2023.

Download the full report: https://www.reportbuyer.com/product/5336706/?utm_source=PRN

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.

Download the full report: https://www.reportbuyer.com/product/5336706/?utm_source=PRN

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: sarah@reportbuyer.com
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com

SOURCE ReportBuyer

These press releases may also interest you

at 01:00
For many New Jersey residents, summer is their favorite season because they can regularly enjoy the sun and sand of the Jersey Shore or hit the road and explore new places near and far. No matter what the summer season holds, drivers should have a...

at 01:00
With all the summertime events and activities, along with the more frequent road trips, drivers need a reliable vehicle to help them get around Pennsylvania and beyond. They also want a vehicle that is affordable so they can worry less about their...

at 01:00
Cubic Corporation  today announced its Cubic Global Defense (CGD) business division will exhibit its advanced air combat training systems at this year's International Paris Air Show from June 17?23 at the Le Bourget Airport in Paris, France. The 53rd...

at 01:00
New York City may be one of the most popular summer destinations, but residents of the city oftentimes try to get out of the Big Apple and enjoy other places around the United States ? including the nearby Jersey Shore, the popular Gettysburg...

at 01:00
The summer season usually entails at least one road trip for drivers. And whether they are going solo, traveling with their best friend, or bringing the whole family, they need a reliable vehicle to get them to both familiar and new destinations....

at 01:00
The summer season is a time to explore new places and try new things. Of course, it helps to have a vehicle that is reliable and comfortable for the many miles and hours out on the road. The Volkswagen brand is lauded for its dependable vehicles that...

News published on 19 march 2019 at 17:11 and distributed by: