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 03:00
CarMD, a leading provider of automotive diagnostic data and business solutions, today released its 2019 CarMD® Vehicle Health Indextm report.  This annual VHI report provides an overview of information related to check engine-related car repairs,...

at 03:00
Leading integrated shipping software provider, V-Technologies, LLC announces new SAP Business One shipping software integration and Silver Sponsorship at the Biz.ONE conference 10/28/19 - 10/30/19 in Indianapolis, IN. V-Technologies, LLC is...

at 01:36
"The Volvo Group's positive development continued in Q1 2019. We increased net sales to SEK 107.2 billion (89.1), with all business segments and regions contributing. Both our vehicle and service business grew at a good pace. The increased sales...

at 00:10
Carinsuranceplan.org has launched a new blog post that explains why is important for teen drivers to online car insurance quotes before purchasing any policy. For more info and free quotes, visit...

23 avr 2019
About this marketThe augmented demand from APAC is one of the critical factors expected to boost the automotive die-stamping equipment market. The increase in the investments for electric vehicles will be a key factor for the growth of the...

23 avr 2019
The all-new 2020 Toyota Corolla has arrived at Toyota of Massapequa, a dealership serving the South Nassau County, N.Y. area. The fully re-designed Corolla kicks off its 12th generation with this model. Toyota of Massapequa is offering the...

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