Abstract: Global Automotive Control Panel Market to Reach US$448. 2 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Automotive Control Panel estimated at US$281.
Reportlinker.com announces the release of the report “Global Automotive Control Panel Industry” – https://www.reportlinker.com/p05797969/?utm_source=GNW
7 Billion in the year 2020, is projected to reach a revised size of $448.2 Billion by 2027, growing at a CAGR of 6.9% over the analysis period 2020-2027.
Electric Window, one of the segments analyzed in the report, is projected to grow at a 6.8% CAGR to reach $130.3 Billion by the end of the analysis period.
After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rotary Switch segment is readjusted to a revised 6.1% CAGR for the next 7-year period. This segment currently accounts for a 22.9% share of the global Automotive Control Panel market.
The US Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 10.4% CAGR for the Period of 2020-2027
The Automotive Control Panel market in the U.S. is estimated at $76.2 Billion in the year 2020. The country currently accounts for a 27.05% share in the global market. China, the world second-largest economy, is forecast to reach an estimated market size of US$97.6 Billion in the year 2027 trailing a CAGR of 10.4% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR while Rest of European market (as defined in the study) will reach US$97.6 Billion by the year 2027.
Roof Light Segment Corners a 14.7% Share in 2020
In the global Roof Light segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$31.4 Billion in the year 2020 will reach a projected size of US$44.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$61.3 Billion by the year 2027, while Latin America will expand at a 6.8% CAGR through the analysis period.
Select Competitors (Total 48 Featured)
ACTIA GROUP
Alps Alpine Co., Ltd.
C&KCalsonic Kansei Corporation (Marelli)Carling Technologies, Inc.
Continental AGEAO AGEaton Corporation
Eissmann Automotive Deutschland GmbH
Faurecia SAHELLA
Hyundai Mobis Co., Ltd.
Johnson Electric
JP Minda (JPM) Group
Judco Manufacturing, Inc.
KOSTAL Automotive Electrical Systems
Lear Corporation
Littelfuse, Inc.
LS Automotive Technologies
Preh GmbHRees, Inc.
Toyodenso Co., Ltd.Valeo SA (France).
Read the full report: https://www.reportlinker.com/p05797969/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Automotive Control Panels Market Set for a Rapid Growth
Electric Windows Dominate, Driver Monitoring Cameras to
Register Fastest Growth
US and Europe Represent Major Markets, China to Drive the Gains
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Smart Cars Loaded With Comfort & Convenience Features Provide the Cornerstone for Growth in the Market
Despite the Rise of Advanced HMI in Smart Cars, Cautious Emphasis on Practicality Continues to Sustain the Need for
Physical Control Panels & Special Function Switches: Global Connected Vehicles (In Million Units) by Region for the
Years 2020, 2025 & 2030
Stable Global Automobile Production Trends Supported by China
Benefits Growth in the Market
Busy Assembly Line Especially in Asia Keeps the Automotive Supply Chain Well Oiled With New Opportunities: Global
Passenger Cars Production (In Million Units) by Geographic Region/Country for the Years 2017, 2019, 2022
Affluent Middle Class with an Appetite for Digital Features Opens Up Asia Into a Key Revenue Spinner
With 64% of the World Middle Class Population by 2030, Asia- Pacific Ranks as an Important Market for Automotive
Components: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
Expanding Base of Middle Class in the Asian Region Provides the Perfect Platform for Automotive Consumerism: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
Luxury Car Makers to Leverage Control Panel Technologies as Brand Differentiation Strategy
Led by U.S., Rising Sales of Luxury Vehicles Expands the Addressable Market Opportunity for Innovative Control Panels:
Global Luxury Vehicles Market (In US$ Million) by Leading Countries for the Year 2019
As the Face of a Vehicle’s Interior, Control Panel Design & Sophistication Remains a Key Engineering Focus in Luxury Cars: Global Penetration of SUVs (In %) by Country for the Year 2019
Push-Button Shifting Emerges as a Clean & Futuristic Control Design in Automatic Transmission Vehicles
Growing Market for Automatic Transmission Vehicles Strengthens the Trend Towards Push Button Gear Shift Controls:
Innovations
Vehicle Electronification & the Ensuing Need for HMI Control
Interfaces Spurs Growth in the Market
Explosion of Electronics Throws the Spotlight on the Value of
Easy to Use Physical Control Interfaces: Average Value of In-
Vehicle Electronics Per Vehicle (In US$) for the Years 2018,
2025 & 2030
Measuring the Growing Importance of Electronics in Cars:
Automotive Electronics as a Percentage of Vehicle Production
Cost for the Years 2010, 2020 & 2030
Rise in Motorized Controls Builds Demand for Control Panels
Operated by Switches & Touchpad
Robust Demand for Infotainment Systems Coupled With Safety
Issues Drive Demand for Control Consoles with Digital Screens
Supplemented With Physical Keypad
Safety Issues Associated With Touchscreen Infotainment Systems
Drives Demand for Keypad Infotainment Consoles: Global
Automotive Infotainment Market Opportunity (in US$ Million)
by Geographic Region for the Years 2017, 2019 and 2024
Despite Growing Demand for Touch Panels, Parallel Concerns Over
Safety Will Result in Demand Conversion Towards Physical
Keypads: Leveling Global Shipments of Automotive Touch Panels
(In Thousand Units) for the Years 2014, 2017, 2019, 2020 &
2021
UNITED STATES
Table 22: USA Current & Future Analysis for Automotive Control
Panel by Component – Rotary Switch, Roof Light, Touchpad,
Electric Window, Locking Function and Other Components –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 23: USA Historic Review for Automotive Control Panel by
Component – Rotary Switch, Roof Light, Touchpad, Electric
Window, Locking Function and Other Components Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR
Table 24: USA 15-Year Perspective for Automotive Control Panel
by Component – Percentage Breakdown of Value Sales for Rotary
Switch, Roof Light, Touchpad, Electric Window, Locking Function
and Other Components for the Years 2012, 2020 & 2027
JAPAN
Table 28: Japan Current & Future Analysis for Automotive
Control Panel by Component – Rotary Switch, Roof Light,
Touchpad, Electric Window, Locking Function and Other
Components – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 29: Japan Historic Review for Automotive Control Panel by
Component – Rotary Switch, Roof Light, Touchpad, Electric
Window, Locking Function and Other Components Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR
Table 30: Japan 15-Year Perspective for Automotive Control
Panel by Component – Percentage Breakdown of Value Sales for
Rotary Switch, Roof Light, Touchpad, Electric Window, Locking
Function and Other Components for the Years 2012, 2020 & 2027
CHINA
Table 31: China Current & Future Analysis for Automotive
Control Panel by Component – Rotary Switch, Roof Light,
Touchpad, Electric Window, Locking Function and Other
Components – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 32: China Historic Review for Automotive Control Panel by
Component – Rotary Switch, Roof Light, Touchpad, Electric
Window, Locking Function and Other Components Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR
Table 33: China 15-Year Perspective for Automotive Control
Panel by Component – Percentage Breakdown of Value Sales for
Rotary Switch, Roof Light, Touchpad, Electric Window, Locking
Function and Other Components for the Years 2012, 2020 & 2027
EUROPE
Table 34: Europe Current & Future Analysis for Automotive
Control Panel by Geographic Region – France, Germany, Italy,
UK, Spain, Russia and Rest of Europe Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 35: Europe Historic Review for Automotive Control Panel
by Geographic Region – France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets – Independent Analysis of
Annual Sales in US$ Million for Years 2012 through 2019 and %
CAGR
Table 36: Europe 15-Year Perspective for Automotive Control
Panel by Geographic Region – Percentage Breakdown of Value
Sales for France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets for Years 2012, 2020 & 2027
Table 37: Europe Current & Future Analysis for Automotive
Control Panel by Component – Rotary Switch, Roof Light,
Touchpad, Electric Window, Locking Function and Other
Components – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 38: Europe Historic Review for Automotive Control Panel
by Component – Rotary Switch, Roof Light, Touchpad, Electric
Window, Locking Function and Other Components Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR
Table 39: Europe 15-Year Perspective for Automotive Control
Panel by Component – Percentage Breakdown of Value Sales for
Rotary Switch, Roof Light, Touchpad, Electric Window, Locking
Function and Other Components for the Years 2012, 2020 & 2027
ASIA-PACIFIC
Table 61: Asia-Pacific Current & Future Analysis for Automotive
Control Panel by Geographic Region – Australia, India, South
Korea and Rest of Asia-Pacific Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR
Table 62: Asia-Pacific Historic Review for Automotive Control
Panel by Geographic Region – Australia, India, South Korea and
Rest of Asia-Pacific Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 63: Asia-Pacific 15-Year Perspective for Automotive
Control Panel by Geographic Region – Percentage Breakdown of
Value Sales for Australia, India, South Korea and Rest of
Asia-Pacific Markets for Years 2012, 2020 & 2027
Table 64: Asia-Pacific Current & Future Analysis for Automotive
Control Panel by Component – Rotary Switch, Roof Light,
Touchpad, Electric Window, Locking Function and Other
Components – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 65: Asia-Pacific Historic Review for Automotive Control
Panel by Component – Rotary Switch, Roof Light, Touchpad,
Electric Window, Locking Function and Other Components Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR
Table 66: Asia-Pacific 15-Year Perspective for Automotive
Control Panel by Component – Percentage Breakdown of Value
Sales for Rotary Switch, Roof Light, Touchpad, Electric Window,
Locking Function and Other Components for the Years 2012, 2020 &
2027
INDIA
Table 70: India Current & Future Analysis for Automotive
Control Panel by Component – Rotary Switch, Roof Light,
Touchpad, Electric Window, Locking Function and Other
Components – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 71: India Historic Review for Automotive Control Panel by
Component – Rotary Switch, Roof Light, Touchpad, Electric
Window, Locking Function and Other Components Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR
Table 72: India 15-Year Perspective for Automotive Control
Panel by Component – Percentage Breakdown of Value Sales for
Rotary Switch, Roof Light, Touchpad, Electric Window, Locking
Function and Other Components for the Years 2012, 2020 & 2027
