Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Automotive Digital Cockpit Market to Grow at a CAGR of 11.8% During the Period 2022-2027, Driven by Advancements in Digital Cockpit Technology

According to a new report by EMR titled, ‘Global Automotive Digital Cockpit Market Report and Forecast 2022-2027’, the global automotive digital cockpit market is expected to grow at a CAGR of 11.8% during the period 2022-2027, led by demand for solutions offering superior driving experience.

Consumers today demand simpler, more user-friendly information management inside the vehicle, and expect new capabilities, including automated driving and safety, connectivity and user experience; these drive future digital cockpit developments. The global automotive digital cockpit market is expected to be driven by demand for superior driving experience, AI powered high-performance computing, enhanced system-on-chip (SoC) architecture with visualization, scalability with a unified software framework, enhanced safety, smarter navigation, rich visual experiences, and superior audio. North America, Europe and Asia are projected to be key markets.

Today, automakers include instrument cluster applications as part of digital cockpit domain controllers, miniaturized connector offerings, and high-speed networking cabling to offer a range of connectivity solutions to support the next-generation of digital cockpits and in-vehicle infotainment. Indeed, a digital cockpit solution is devised to offer a unified digital experience; it unites interfaces like instrument cluster, Heads-up Display (HUD), HVAC and Infotainment systems.

Modern vehicles are significantly affected by advancements in digital technologies and unique consumer demands. Innovations in the domain are majorly driven by focus on offering more personalised experiences to drivers and passengers, innovative solutions to ensure seamless connectivity between the vehicle and external devices, and processes and features to ensure driver assistance and safety. Indeed, development of innovative digital cockpit platforms offer car manufacturers a good opportunity to differentiate.

In 2021, Qualcomm Technologies introduced the next generation of digital cockpit solutions with the 4th Generation Qualcomm® Snapdragon™ Automotive Cockpit Platforms. The 4th Generation Snapdragon Automotive Cockpit Platforms were engineered as a homogenous and multipurpose solution to address the transition to a zonal architecture, acting as a central hub for high-performance compute, computer vision, artificial intelligence (AI) and multi-sensor processing with a flexible software configuration to address the compute, performance and functional safety needs for that zone or domain. In 2021, Qualcomm announced that its Snapdragon® Automotive Cockpit Platform would power the stylish and digitally advanced communication and infotainment system, the PEUGEOT i-Cockpit®, and appeared in the new PEUGEOT 308. The introduction and adoption of such advanced solutions are expected to boost the global automotive digital cockpit market.

In 2017, HARMAN International announced a new platform solution that intelligently integrated a vehicle’s digital displays and the information and services behind them.

In 2022, Stellantis and Qualcomm collaborated to power new vehicle platforms with Snapdragon Digital Chassis solutions to deliver intelligent, customizable and immersive in-vehicle experiences to vehicles across Stellantis’ 14 automotive brands.

In 2021, Elektrobit announced a new offering providing car manufacturers with solutions for intelligent automotive digital cockpits. EB Cockpit System Solutions assisted the development of next-generation in-vehicle user experiences. The new solutions would enable car makers to offload the creation of custom cockpit designs to the company’s team of experts. Such novel solutions are expected to contribute to the growth of the global automotive digital cockpit market.

In 2021 Pioneer Corporation and Cerence Inc. announced a strategic partnership that sought to advance secure, scalable, AI-powered products and services for the mobility world. The agreement sought to combine the capabilities of Pioneer (which provided in-car equipment and mobility services) and Cerence (which provided conversational AI to mobility OEMs and automakers) to use the companies’ respective knowledge and technologies to quicken innovation and develop products and services to enhance mobility experiences for drivers and passengers across the world.

Key Findings of the Report:

  • Increasing demand for superior, safer and more comfortable driving experiences is expected to drive the market. 
  • Technological advancements are likely to stimulate the market. 
  • North America, Europe and Asia are expected to be key markets.

Market Analysis by Equipment, Display Technology, Vehicle Type, and Region:

  • By equipment, the market is segmented into Camera Based Driver Monitoring System, Head-Up Display (HUD), Advanced Head Unit, Digital Instrument Cluster, and Others.
  • By display technology, the market is divided into LCD, OLED, and TFT-LCD. 
  • By vehicle type, the market is classified into Passenger Cars, Commercial Vehicles, and Others.
  • By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER