DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4xzn49/global_market) has announced the addition of the "Global Market Study on Automotive Cockpit Electronics: Infotainment and Navigation Segment to Witness Highest Growth by 2020" report to their offering.
The global cockpit electronics market is growing mainly due to the spurt in new car sales and the increasing affordability of consumers to install advanced technologies in their vehicles. Technological advancements have been giving rise to competition in the market due to which most leading companies are investing heavily in research and development activities. The changing demand for vehicle electronics from analog to digital has boosted the automotive infotainment market significantly.
According to the European Automobile Manufacturers's Association (EAMA), Spain, the U.K., and Italy witnessed the strongest growth in the passenger car sales in October 2014 as compared to October 2013. Most major countries in the European Union are witnessing growth in automobile sales. Germany was the largest passenger car market in European Union in 2014; however, France produced a higher number of cars as compared to Germany. With the tightening of regulations for the passenger car manufacturers (for instance, the TPMS becoming mandatory for new vehicles in Europe), plenty of opportunity awaits the automotive cockpit electronic companies in the near term.
Certain developing countries are reporting high growth rates in the cockpit electronics market. Brazil was the sixth largest automobile producer globally. It is a young country with over half of its population below thirty years of age and over 70% of its population economically active. However, the slowdown of its economy since 2010 has affected automobile sales in the country. The country's cockpit electronics market is witnessing high growth due to its increasing per capita consumption and escalating urbanization (which stood at approximately 87% in 2013).
The major players in this industry include Continental, Denso, Visteon, Harman, Alpine, Panasonic, Delphi, Bosch, and Pioneer. The companies are making new investments to improve their technology in order to retain their competitiveness in the industry. For instance, Denso, Harman, and Delphi are actively funding their research and development activities.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Market Synopsis
Chapter 3 Porter's Five Forces Analysis
Chapter 4 Industry Overview
Chapter 5 Market Size and Forecast by Product Segment
Chapter 6 Market Size and Forecast by Region
Chapter 7 Competitive Scenario
Chapter 8 Company Profiles
- Alpine Electronics, Inc.
- Clarion Company, Ltd.
- Continental AG
- DENSO CORPORATION
- Delphi Automotive Plc
- Garmin, Ltd.
- Harman International Industries, Inc.
- Panasonic Corporation
- Robert Bosch GmbH
- Visteon Corporation
For more information visit http://www.researchandmarkets.com/research/4xzn49/global_market
