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Automotive Control Panel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Automotive control panels are electrical and displaying instrumentation and controls for vehicle operation. The control panel forms an integral part of the vehicle, as it provides the driver with operational knowledge of various systems of the vehicle. Low-end passenger cars usually have a basic control panel consisting of a speedometer, tachometer, fuel gauge, climate control, engine temperature gauge, and indicator lights among others. Whereas, complex electronics, sensing systems, touch screen entertainment system, tire pressure monitor and seat belt monitor are some of the high-end systems found in technologically advanced cars. Beside vehicle, control panels are an integral part of motorcycles, airplanes, ship, boats and other vehicles. Though it is imperative on the part of the driver to know the operations of each control system on the panel, information regarding the use and functions of each of the operations are usually displayed on the control panel. The control panel may be manually operated, it can come with push buttons or more technologically advanced ones come with a touch screen pad. The control panel consists of microprocessor to provide input data to the programmer. Tachometer performs the function of measuring the total number of revolutions of a driveshaft in a minute, while a fuel gauge measures the amount of fuel present in the tank of the vehicle. Furthermore, climate control keeps the temperature inside the car at comfortable levels, and engine temperature gauge indicates the need to turn off the engine in case it gets heated up.

The recent years have been witnessing resurgence of advanced technological development in automobiles. With cheap labor, and raw materials in countries like India, China, the complex electronic materials are easily available. Starting from infotainment services, engine control to multimedia systems, all are implemented in automobiles in recent days. Therefore development of the electronics and communications industry also plays a key role in the growth of the automotive control panel market. Moreover, stringent safety norms and increasing vehicle electrification has led to innovations and growth of the control panel systems. Demand for enhanced cabin comfort and convenience features are also responsible for driving the growth of the automotive control panel market.

The maintenance cost involved in the repairing of the control panel systems is likely to create a moderate retraining impact on the market.

Demand for interior styling, and development of solar sunroofs are some of the market opportunities which will further drive the automotive control panel market.

The global automotive control panel market has been segmented based on control panel type, component type, and geography.

The market segment based on control panel type includes, manual, push button and touch screen pad. Manual control panel is manually operated, push button control panel consists of buttons and switches to manage operations while the touch screen pad is found in high-end cars and includes a display screen. By components the market has been segmented into five broad categories, namely, temperature control valve, air conditioner manual, air heating and cooling, air compressor, driver monitoring camera, rotary switch, roof control, roof light and others.

Based on geography, the segmentation includes, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific region is anticipated to grow with the highest growth rate owing to huge investments by leading OEMs of developed countries of the U.S and Europe. This huge investment in turn has been impelled by a young population in countries such as India, and the expansion of middle class population with improved disposable income.

Some of the leading companies operating in this market are, Faurecia SA (France), Magna International Inc. (Canada), Lear Corporation (U.S.), Continental AG (Germany), Johnson Controls Inc. (U.S.), Hyundai Mobis Co. Ltd. (South Korea), Calsonic Kansei Corporation (Japan),Toyota Boshoku Corporation (Japan), and Delphi Automotive Plc.(U.K.), among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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