According to a new market research report published by Market Research Future, Automotive Control Panel Market accounted to hit the remarkable market value in 2023 and expected to witness 7% CAGR across the forecast period through 2019 to 2023. Global Automotive Control Panel Market Analysis From 2019 to 2023 by Voltage Rating (Low Voltage and Medium Voltage), End Use (Transmission & Distribution Utilities, Manufacturing & Processing Industry, Commercial & Residential, and Others), and Region. Report provides comprehensive information on Global Automotive Control Panel Market key players, share, Sales, revenue, industry size in terms of volume.
Key Companies Covered:
Johnson Controls, Inc. (U.S.), Magna International Inc. (Canada), Continental AG (Germany), Faurecia S.A. (France), Delphi Automotive Plc. (U.K.), Lear Corporation (U.S.), Valeo SA (France), Hyundai Mobis Co. Ltd. (South Korea), Toyota Boshoku Corporation (Japan) and Calsonic Kansei Corporation (Japan).
Free Sample Copy of Automotive Control Panel Market Research Report Global Forecast to 2023 available at: https://www.marketresearchfuture.com/sample_request/5314
Automotive Control Panel Industry Insight:
Automotive control panels are electrical and displaying controls that are being used for the operation of vehicles. The control panel provides the driver with operational knowledge of various systems of the vehicle. The innovation in automobiles is contributing to the expansion of the automotive control panel market. Reports that review the automobile industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is anticipated to utilize a CAGR of 7 % in the forecast period
The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
The augmented demand to integrate better safety functions in the automotive control panels is expected to grow in the coming years. The development of advanced features is further inspiring the expansion of the market for automotive control panels. The introduction of stringent government regulations for the reduction of weight of vehicles for reducing carbon dioxide emissions, is also driving the growth of the market. The other factors contributing in the growth of the automotive control panels market are the rapid urbanization, increase in demand for interior comfort, and increase in the sales of luxury cars.
Automotive Control Panel Market Segment Analysis:
The segmental analysis of the automotive control panel market is carried out based on component, control panel type, vehicle type, and region.
Based on component, the automotive control panel market comprises of roof light, rotary switch, touch pad, driver monitoring camera, smart roof, locking function, door panel light, side mirror, electric window, and others.
Based on panel type, which includes manual, push button and touch screen. Amongst these, the push button segment is likely to see a substantial growth with the highest CAGR during the forecast period.
Based on vehicle type, the automotive control panel market comprises of passenger cars and commercial vehicles.
The global Automotive Control Panel Market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
Of these, Asia Pacific has landed the leadership position in the market during the forecast period by 2023, due to countries like China and Japan, where vehicles are highly used by passengers and commercial ways partnering with many automobile control panel manufacturers. The boost in the manufacture of automobiles along with the increasing demand for convenience and comfort is also anticipated to add to the expansion of the market in the forecast period.
The influence of governmental policies is motivating further development in the market. The uncertainty in the market is a critical factor that is driving the formulation of policies and plans that will be applied to drive market growth. The competitors are devoting their resources to ensure an optimum level of growth in the coming years. The competition level in the market is found to be conducive to the advancement of the players who are operating in the market.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 MACRO INDICATORS INFLUENCING THE GLOBAL AUTOMOTIVE CONTROL PANEL MARKET FOR TOP FIVE COUNTRIES
TABLE 4 IMPORT ANALYSIS OF AUTOMOTIVE CONTROL PANELS, 2013-2017 (UNITS)
TABLE 5 EXPORT ANALYSIS OF AUTOMOTIVE CONTROL PANELS, 2013-2017 (UNITS)
TABLE 6 PROPORTION OF MANUFACTURING COST STRUCTURE
TABLE 7 LABOR COST ANALYSIS
List of Figures:
FIGURE 1 GLOBAL AUTOMOTIVE CONTROL PANEL MARKET: MARKET STRUCTURE 17
FIGURE 2 RESEARCH PROCESS OF MRFR 20
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACHES 23
FIGURE 4 DROC ANALYSIS OF GLOBAL AUTOMOTIVE CONTROL PANEL MARKET 25
FIGURE 5 INTERNATIONAL TOURIST ARRIVALS, 2016 VS 2017 (MILLION) 26
FIGURE 6 DRIVERS IMPACT ANALYSIS: GLOBAL AUTOMOTIVE CONTROL PANEL MARKET 27
FIGURE 7 RESTRAINTS IMPACT ANALYSIS: GLOBAL AUTOMOTIVE CONTROL PANEL MARKET 28
FIGURE 8 SUPPLY CHAIN: GLOBAL AUTOMOTIVE CONTROL PANEL MARKET 31
FIGURE 9 PORTERS FIVE FORCES MODEL: GLOBAL AUTOMOTIVE CONTROL PANEL MARKET 32
FIGURE 10 MARKETING CHANNEL OF AUTOMOTIVE CONTROL PANEL 40
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