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Automotive Control Panel Market by Components (Rotary Switch, Roof Control, Roof Light, Touch Pad, Smart Roof and others), Vehicle Type (Passenger Cars, LCV & HCV), and by Region (Asia-Pacific, North America, Europe & Row) - Global Forecast to 2021

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Electric Window: Largest Market Segment Electric windows are estimated to constitute the largest segment of the automotive control panel market (by value). Power windows or electrically operated windows are a common feature found in vehicles. Given its widespread adoption in all vehicle segments, the electric window segment is poised to hold the largest market share. OEMs have begun offering an additional switch that locks all the windows of the vehicle to enhance safety. The buying behavior of consumers is heavily influenced by the safety standards; thus, such additions will likely trigger the growth of the electric window market.

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Driver Monitoring Camera: Fastest-Growing Segment Driver monitoring cameras are estimated to be the fastest-growing segment of the automotive control panel market. These cameras detect any risky behavior on the part of the driver, and thereby help to avoid potentially dangerous situations during driving. The increasing incidence 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.

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Driver monitoring cameras are estimated to dominate the market in terms of growth rate in 2016, followed by touchpads. Increasing vehicle electrification and the rising demand for enhanced cabin comfort and safety are driving the market for automotive control panels. The growing demand for safety features and application-based technologies represents a promising opportunity for automotive control panel manufacturers. Electric windows are estimated to constitute the largest application market (by value), followed by rotary switches. Electric windows, rotary gear knobs, and various other features are generally found in the premium and luxury car segments. However, the passenger car segment is also expected to have high growth potential. Innovations and technological advancements in regions such as North America and Europe have resulted in the development of advanced technologies, and have consequently been driving the global market. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=222158021


Asia-Pacific: Largest Regional Market Segment The automotive control panel market has been segmented into Asia-Pacific, North America, Europe, and RoW. Asia-Pacific is estimated to lead the automotive control panel market. OEMs in this region are enhancing their technologically capabilities and are thus able to offer better interior facilities for vehicles. The sales statistics for Asia-Pacific indicate promising growth potential, due to the increased comfort and safety levels in premium and luxury cars. North America is estimated to be the second-largest market for automotive control panels. The North American market is primarily driven by the increasing demand for enhanced comfort and convenience features.

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Market Ecosystem: The automotive control panel market ecosystem comprises various control panel component manufacturers such as Continental AG (Germany), Johnson Controls, Inc. (U.S.), Magna International Inc. (Canada), and Faurecia S.A. (France). These manufacturers supply components to numerous vehicle manufacturers, which include BMW AG (Germany), Daimler AG, (Germany), Fiat Chrysler Automobiles (Italy), Ford Motor Company (U.S.), and Toyota (Japan). The ecosystem also includes regional automotive associations such as the International Organization of Motor Vehicle Manufacturers (OICA), Society of Indian Automotive Manufacturers (SIAM), China Association of Automobile Manufacturers (CAAM), Japan Automotive Manufacturers Association (JAMA), and European Automobile Manufacturers Association (ACEA). Buy Now:

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81 market data tables 39 figures 125 pages and in-depth TOC "Automotive Control Panel Market by Components (Rotary Switch, Roof Control, Roof Light, Touch Pad, Smart Roof and others), Vehicle Type (Passenger Cars, LCV & HCV), and by Region (AsiaPacific, North America, Europe & Row) - Global Forecast to 2021" Early buyers will receive 10% customization on this report.

This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.


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Electric Window: Largest Market Segment  

Electric windows are estimated to constitute the largest segment of the automotive control panel market (by value). Power windows or electri...

Electric Window: Largest Market Segment  

Electric windows are estimated to constitute the largest segment of the automotive control panel market (by value). Power windows or electri...

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