Top Automotive Control Panel Key Companies Competitive Landscape:
Continental AG (Germany), Johnson Controls, Inc. (U.S.), Magna International Inc. (Canada), Hyundai Mobis Co. Ltd. (South Korea), Faurecia S.A. (France), Lear Corporation (U.S.), Valeo SA (France), Delphi Automotive Plc. (U.K.), Toyota Boshoku Corporation (Japan) and Calsonic Kansei Corporation (Japan).
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These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Automotive Control Panel market is heating up. As these key players are increasingly investing towards the development of new technology, many smaller companies will not be able to keep up with the technological pace.
Market Overview:
Over the past few years, the automobile industry have been witnessing resurgence of advanced technological developments. The easy availability of cheap labor along with raw materials in developing countries such as India and China, ensures the easy availability of complex electronic materials. In the newer models of all automotive, many new technologies and systems have been implemented such as infotainment services, engine control systems and multimedia systems. Thus, the development of electronics and communications industry is also contributing extensively in the growth of the automotive control panel market. The other factors leading to the growth of the automotive control panel market are the introduction of stringent safety norms and increasing vehicle electrification. Increase in demand for enhanced cabin comfort and convenience features in high end passenger vehicles owing to the increase in purchasing power, also helps in the growth of the automotive control panel market.
Over the past few years, the automobile industry have been witnessing resurgence of advanced technological developments. The easy availability of cheap labor along with raw materials in developing countries such as India and China, ensures the easy availability of complex electronic materials. In the newer models of all automotive, many new technologies and systems have been implemented such as infotainment services, engine control systems and multimedia systems. Thus, the development of electronics and communications industry is also contributing extensively in the growth of the automotive control panel market. The other factors leading to the growth of the automotive control panel market are the introduction of stringent safety norms and increasing vehicle electrification. Increase in demand for enhanced cabin comfort and convenience features in high end passenger vehicles owing to the increase in purchasing power, also helps in the growth of the automotive control panel market.
Segmentation:
Based on components, the automotive control panel market has been segmented as rotary switch, roof light, touch pad, smart roof, locking function, side mirror, door panel light, driver monitoring camera, electric window and others. Amongst these, driver monitoring camera is expected to grow significantly over the forecast period. These cameras detect any risky behavior on the part of the driver, thereby helping in avoiding potentially dangerous situations during driving. The rise in the number of road accidents caused by driver drowsiness or fatigue, is driving the installation of driver monitoring camera systems. Increasing traffic in urban areas, is also a key factor responsible for the rising number of road accidents. The rising demand for safety features in vehicles, would accelerate the growth of the driver monitoring camera market.
Based on vehicle type, the market has been segmented as passenger cars and commercial vehicles, out of which, passenger cars segment is expected to dominate the market. Control panels are designed, specifically, to minimize the space required for technical equipment. With the advancements in vehicular technology, a high number of controls are being incorporated into the design of cabins. Therefore, the use of control panel in passenger cars facilitates space efficiency.
Regional Analysis:
Geographically, the global automotive control panel market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Countries such as China have the existence of a large number of automobile control panel manufacturers in the Asia Pacific region. The region is expected to dominate the global automotive control panel market over the forecast period Original equipment manufacturers in this region are enhancing their technological capabilities and, are thus, able to offer better interior facilities for vehicles. The region also indicates promising growth potential, owing to an increase in comfort and safety levels in premium and luxury cars. The increase in the production of automobiles along with the growing demand for comfort and convenience is also expected to contribute in the growth of the market over the forecast period.
List of Tables:
TABLE 1 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE CONTROL PANEL MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AUTOMOTIVE CONTROL PANEL MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA-PACIFIC AUTOMOTIVE CONTROL PANEL MARKET: BY COUNTRY, 2017-2023
TABLE 5 ROW AUTOMOTIVE CONTROL PANEL MARKET: BY COUNTRY, 2017-2023
TABLE 6 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET, BY COMPONENT, BY REGIONS, 2017-2023
TABLE 7 NORTH AMERICA AUTOMOTIVE CONTROL PANEL MARKET, BY COMPONENT, BY COUNTRY, 2017-2023
TABLE 8 EUROPE AUTOMOTIVE CONTROL PANEL MARKET, BY RESIN TYPE, BY COUNTRY, 2017-2023
TABLE 9 ASIA-PACIFIC AUTOMOTIVE CONTROL PANEL MARKET BY COMPONENT, BY COUNTRY, 2017-2023
TABLE 10 ROW AUTOMOTIVE CONTROL PANEL MARKET BY COMPONENT, BY COUNTRY, 2017-2023
Continued…
List of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET SHARE, BY COMPONENT, 2016 (%)
FIGURE 9 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET, BY COMPONENT, 2015-2023 (USD MILLION)
FIGURE 10 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET SHARE, BY VEHICLE TYPE, 2016 (%)
FIGURE 11 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION)
Continued…
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