The Global Market for Automotive Digital Cockpit accounted for US$ 16,669 Million in 2021 and is anticipated to reach US$ 54,222 Million by 2030 with a CAGR of 14.2% from 2022 to 2030.

In our increasingly complicated environment, there is a demand for easier, more user-friendly information management within the vehicle, even while new capabilities, such as automated driving and autonomous vehicles, are expected. Future digital cockpit innovations will be driven by safety, connectivity, and user experience. By dissolving the barriers between the various in-vehicle interfaces, a Digital Cockpit system is aimed to provide a Unified Digital Experience. As a result, a Digital Cockpit is the fusion of interfaces such as the instrument cluster, HUD, HVAC, and infotainment systems. OEMs can overcome the restrictions of Analog Instrument Cluster and other interfaces with a Digital Cockpit solution comprised of Digital Interfaces. Automotive OEMs and suppliers can now create interfaces that give more appropriate representations of real-time data thanks to Digital HMI. Digital Interfaces broaden the scope to include a variety of safety-critical functions.

Automotive Digital Cockpit Market Dynamics

The rapid development of innovative, digital cockpit platforms gives automotive OEMs an excellent opportunity to differentiate, create new revenue streams, improve the in-vehicle experience for drivers and passengers and strengthen customer loyalty. But cars and their digital cockpits must also fit into the broader ecosystem. The digital cockpit needs connectivity, a software ecosystem, cloud access, multiple displays, an operating system, OTA updates, a smart assistant, navigation, and a high-performance system on chip with everything secure and automotive safety-certified.

As with their other smart devices, drivers can expect and will demand, their software-defined connected vehicle to be continuously updated, ubiquitously connected, intelligent, always learning with new and improved features arriving over time, and to have access to the consumer ecosystem of apps and their media in the car and on its multiple displays. Infotainment is a dominant feature of the first digital cockpits, however, with the evolution of ADAS features that now include hands-off driving and hands-off/eyes-off driving, the integration of the displays, AI, driver monitoring and notification system and driving functionality will be crucial elements to the platform.

Several smartphone manufacturers are considering the automobile market, including Apple, which has yet to reveal its plans. Apple CarPlay, the company's smartphone mirroring solution that debuted in 2014, is available in most new cars, but it may lose relevance as more vehicles adopt operating systems like Android Automotive. Drivers may operate Samsung Smartthings smart home gadgets from their automobile using Android Auto, thanks to Samsung's acquisition of Harman. Xiaomi has stated that electric vehicles will be available in 2024. In 2021, OPPO showed out in-car networking technologies. Honor is also collaborating with Li Auto. A smartphone already can be used as a digital key or to park a car remotely. Drivers may control the vehicle's HVAC system, monitor the EV's battery level, and more via a smartphone app.

Automotive Digital Cockpit Market Insights

Equipment, display technology, vehicle type, and region are the four categories of the global automotive digital cockpit industry. Based on the equipment, the segmentation includes digital instrument clusters, head-up displays, and driving monitoring systems. Based on our analysis, the driving monitoring system segment gathered a significant automotive digital cockpit market share during the predicted years. TFT-LCD, LCD, and OLED are covered under the display technology category. Among them, the TFT-LCD segment is expected to lead the market in the coming year. On the other hand, the OLEDs segment is anticipated to grow with a noteworthy CAGR during the forecast period 2022 – 2030. Furthermore, the vehicle type segment is bifurcated into commercial vehicles and passenger vehicles. Based on these, the passenger vehicles segment accounted for the largest market share in 2021, whereas the commercial vehicles segment would grow at a significant growth rate.

Global Automotive Digital Cockpit Market Geographical Competition

North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa are the segmentation of the worldwide Automotive Digital Cockpit industry. The largest market is predicted to be in the Asia-Pacific. China is recognized as one of the key countries driving the expansion of the automotive digital cockpit industry, as it swiftly approaches becoming the world's largest automotive market, recognizing innovative solutions associated with auto megatrends such as connection, shared mobility, and electrification. On the other hand, the Europe region is expected to witness a substantial growth rate during the forecasted years 2022 – 2030. German automakers are at the heart of the development of automobile digital cockpits that interact with their suppliers among European automakers.

Global Automotive Digital Cockpit Industry Segment Analysis

Automotive Digital Cockpit Market By Equipment

·        Digital Instrument Cluster

·        Driving Monitoring System

·        Head-Up Display (HUD)

Automotive Digital Cockpit Market By Display Technology

·        TFT-LCD

·        LCD

·        OLED

Automotive Digital Cockpit Market By Vehicle Type

·        Passenger Vehicles

·        Commercial Vehicles

Automotive Digital Cockpit Market Leading Companies

This section of the study honors the market's top vendors Continental AG, DRÄXLMAIER GROUP, Faurecia, Grupo Antolin, HARMAN International (A Samsung Company), HYUNDAI MOBIS, Marelli Holdings Co., Ltd., Robert Bosch GmbH, Sintrones, and Visteon Corporation.

Automotive Digital Cockpit Market Regions

North America

·         U.S.

·         Canada

Europe

·         U.K.

·         Germany

·         France

·         Spain

·         Rest of Europe

Latin America

·         Brazil

·         Mexico

·         Rest of Latin America

Asia-Pacific

·         China

·         Japan

·         India

·         Australia

·         South Korea

·         Rest of Asia-Pacific

Middle East & Africa

·         GCC

·         South Africa

·         Rest of Middle East & Africa