The global automotive digital cockpit market size is estimated to reach USD 43.24 billion by 2030, expanding at a CAGR of 10.1% from 2025 to 2030. The rising demand for automotive cockpit electronics, autonomous vehicle technology, and advanced safety features such as advanced driver assistance systems is expected to drive market growth. The changing consumer buying behavior and increasing demand for enhanced in-vehicle experience, coupled with the global growth of the high-end, premium, and luxury car segments, are also expected to fuel the growth of the market.
The surge in demand for vehicle connectivity and navigation system in the automotive sector has led to the increasing usage of visualization technology. Modern-day cars are highly influenced by unique consumer demands and advancements in digital technologies. The automotive industry is focused on offering more personalized experiences to drivers and vehicle occupants. Moreover, companies are developing innovative solutions to ensure seamless connectivity between the vehicle and external devices. The integration of vehicle systems can be considered as the most significant development. The digital cockpit architecture has become more capable and robust owing to the integration of the Advanced Driver Assistance Systems (ADAS) functionality for enhanced safety and security and cloud-based services.
The automotive digital cockpit technology is expected to gain significant demand as major automotive component and solution providers are engaging in the development of complete automotive cockpit solutions. For instance, in January 2021, Qualcomm Technologies, Inc. announced the launch of the 4th Generation Qualcomm Snapdragon Automotive Cockpit Platforms. The new digital cockpit platforms offer software scalability and flexibility to support several real-time and high-level operating systems. The platforms also support multiple ECUs and domain integration, including digital instrument clusters, digital monitoring systems, Augmented Reality Heads-Up-Display (AR-HUD), e-Mirror, and rear-seat displays.
In the wake of the coronavirus pandemic, lockdowns and social distancing norms have been implemented globally. The overall automotive production volumes have declined globally on a year-on-year basis, mainly due to decreased production volumes in North America and Europe, among other regions. According to Organisation Internationale des Constructeurs d'Automobiles (OICA), automobile production globally dropped by more than 15%, i.e., 77.6 million units in 2020 compared to 91.7 million units in 2019. However, as restrictions ease in various economies, the market can expect a period of respite for the short-term owing to the increased demand for passenger cars from the middle-class population, in turn, is increasing the demand for automotive digital cockpit over the forecast period.
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The surge in demand for vehicle connectivity and navigation system in the automotive sector has led to the increasing usage of visualization technology. Modern-day cars are highly influenced by unique consumer demands and advancements in digital technologies. The automotive industry is focused on offering more personalized experiences to drivers and vehicle occupants. Moreover, companies are developing innovative solutions to ensure seamless connectivity between the vehicle and external devices. The integration of vehicle systems can be considered as the most significant development. The digital cockpit architecture has become more capable and robust owing to the integration of the Advanced Driver Assistance Systems (ADAS) functionality for enhanced safety and security and cloud-based services.
The automotive digital cockpit technology is expected to gain significant demand as major automotive component and solution providers are engaging in the development of complete automotive cockpit solutions. For instance, in January 2021, Qualcomm Technologies, Inc. announced the launch of the 4th Generation Qualcomm Snapdragon Automotive Cockpit Platforms. The new digital cockpit platforms offer software scalability and flexibility to support several real-time and high-level operating systems. The platforms also support multiple ECUs and domain integration, including digital instrument clusters, digital monitoring systems, Augmented Reality Heads-Up-Display (AR-HUD), e-Mirror, and rear-seat displays.
In the wake of the coronavirus pandemic, lockdowns and social distancing norms have been implemented globally. The overall automotive production volumes have declined globally on a year-on-year basis, mainly due to decreased production volumes in North America and Europe, among other regions. According to Organisation Internationale des Constructeurs d'Automobiles (OICA), automobile production globally dropped by more than 15%, i.e., 77.6 million units in 2020 compared to 91.7 million units in 2019. However, as restrictions ease in various economies, the market can expect a period of respite for the short-term owing to the increased demand for passenger cars from the middle-class population, in turn, is increasing the demand for automotive digital cockpit over the forecast period.
Automotive Digital Cockpit Market Report Highlights
- The head-up display (HUD) segment is anticipated to advance at the fastest CAGR from 2025 to 2030 owing to the integration of augmented reality for enhanced safety and driving experience
- The TFT-LCD segment accounted for the largest revenue share in the global market in 2024, owing to the extensive usage of this display type in digital cockpits due to their versatility and performance.
- The passenger cars segment accounted for a dominant revenue share in the global market in 2024, on account of the increasing sales of these vehicles and a steadily rising demand for digital cockpit systems by consumers. The increasing demand for connected car features in passenger vehicles and the onset of autonomous vehicles is expected to drive the segment
- In Asia Pacific, the market is accounted for the largest revenue share in 2024. This growth can be attributed to the increased production and sales of passenger vehicles in the region
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the Automotive Digital Cockpit market include:
- HYUNDAI MOBIS
- Robert Bosch GmbH
- Visteon Corporation
- Continental AG
- DENSO CORPORATION
- Panasonic Holdings Corporation
- Pioneer Corporation
- SAMSUNG
- FORVIA
- Garmin Ltd.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Automotive Digital Cockpit Market Variables, Trends, & Scope
Chapter 4. Automotive Digital Cockpit Market: Equipment Estimates & Trend Analysis
Chapter 5. Automotive Digital Cockpit Market: Display Technology Estimates & Trend Analysis
Chapter 6. Automotive Digital Cockpit Market: Vehicle Type Estimates & Trend Analysis
Chapter 7. Automotive Digital Cockpit Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- HYUNDAI MOBIS
- Robert Bosch GmbH
- Visteon Corporation
- Continental AG
- DENSO CORPORATION
- Panasonic Holdings Corporation
- Pioneer Corporation
- SAMSUNG
- FORVIA
- Garmin Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | October 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 24.56 Billion |
| Forecasted Market Value ( USD | $ 43.24 Billion |
| Compound Annual Growth Rate | 10.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
