Report forecast the global automotive
cockpit module market to grow at a CAGR of 4.53% during the period 2018-2022.
Automotive cockpit module is the assembly
that consists of heating, ventilation, and air conditioning (HVAC) units,
ducts, electronic units, wiring harnesses, and instrument panels that are built
around the steering system.
The report covers the present scenario and
the growth prospects of the global automotive cockpit module market for
2018-2022. To calculate the market size, the report presents a detailed picture
of the market by way of study, synthesis, and summation of data from multiple
sources.
The
market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one driver in the
market is increasing demand for automotive in emerging countries. The demand
for automotive is rising in emerging economies such as Brazil, China, Mexico,
and India, due to the increased purchasing power of consumers and significant
economic growth. The growth in emerging markets, in step with ongoing
industrialization, and global trade activity, especially in the BRIC countries,
have been vigorous.
Further, the report states that one
challenge in the market is high cost pressure on OEMs. The automotive industry
had witnessed a structural change post the financial crises of 2008, when most
of the North American OEMs were on the verge of bankruptcy. An introspective
view of this situation shows how the OEMs had been taking a hit on profitability
to cater to the price-sensitive consumers without transferring much of the
liability and risk to the other stakeholders in the value chain, which includes
tire-1 suppliers and component manufacturers.
Global
Automotive Cockpit Module Market 2018-2022, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global automotive
cockpit module market: Continental, Delphi, Faurecia, Harman International,
HYUNDAI MOBIS, and Visteon.
Market
driver
- Increasing demand for automotive in emerging countries
- For a full, detailed list, view our report
Market
challenge
- High cost pressure on OEMs
- For a full, detailed list, view our report
Market
trend
- Use of lightweight materials
- For a full, detailed list, view our report
Key
questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 110 pages “Global
Automotive Cockpit Module Market 2018 - 2022” report covers Executive
summary, Introduction, Scope of the report, Research Methodology, Market
landscape, Market Sizing, Five Forces Analysis, Market Segmentation By Vehicle
Type, Customer Landscape, Regional Landscape, Decision Framework, Drivers And
Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.
Please visit this link for more details: http://mrr.cm/UdC
For related reports please visit: Automotive Cockpit Market Research Reports
Find all Automotive Reports
at: https://www.marketresearchreports.com/automotive
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