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Automotive Control Panel Market Trends

  • Report ID: GMI11015
  • Published Date: Aug 2024
  • Report Format: PDF

Automotive Control Panel Market Trends

Automotive control panels are witnessing significant technological advancements in driver assistance features and infotainment systems. As vehicles become more sophisticated, the demand for advanced control panels that can seamlessly integrate and manage these technologies is increasing. Driver assistance features, such as adaptive cruise control, lane-keeping assist, and parking assistance, require intuitive and responsive control interfaces, often integrated into the vehicle's central control panel.
 

Similarly, the rise of infotainment systems with high-definition touchscreens, connectivity options, and customizable user interfaces has transformed the automotive experience, further driving the demand for advanced control panels. These technological advancements enhance safety and convenience and further cater to consumer preferences for high-tech, connected driving experiences. Consequently, the market for automotive control panels continues to expand, fueled by the growing complexity and capabilities of in-vehicle technologies.
 

For instance, in January 2023, Continental unveiled its innovative Curved Ultrawide Display featuring an invisible control panel at CES 2023, setting a new standard for automotive displays. This advanced display technology integrates seamlessly into vehicle interiors, offering a high-resolution, curved screen that spans from one A-pillar to the other. Alongside the curved display, Continental introduced a Driver Identification Display that uses contactless face authentication technology for secure driver recognition. This feature enhances vehicle security and enables functions such as in-car payments without additional devices.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive control panel reached USD 124.5 billion in 2023 and is set to grow at over 7.8% CAGR between 2024 and 2032, led by an increase in vehicle production.

The OEMs segment held 86% market share in 2023, driven by growing trend towards connected and autonomous vehicles.

Asia Pacific market accounted for over 41% share in 2023 and is expected to exceed USD 102.3 billion by 2032, propelled by the robust automotive manufacturing industry.

Hyundai Mobis Co., Ltd, ZF Friedrichshafen AG, Robert Bosch Mobility, Continental AG, Valeo SA, Aptiv PLC, Denso Corporation, and Panasonic Corporation among others.

Automotive Control Panel Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 259
  • Countries covered: 22
  • Pages: 252
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