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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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Automotive Control Panel Market worth 110.18 Billion USD by 2021 The report "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", The automotive control panel market is projected to grow at a CAGR of 8.10%, from USD 74.65 Billion in 2016 to USD 110.18 Billion by 2021. The growing trend of vehicle electrification, increasingly stringent safety norms, and demand for enhanced cabin comfort are driving the automotive control panel market. Browse 81 market data tables with 39 figures spread through 125 pages and in-depth TOC on "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" https://www.marketsandmarkets.com/Market-Reports/automotive-control-panel-market-222158021.html Early buyers will receive 10% customization on reports. 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. 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. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.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. The automotive control panel market report covers various globally established vehicle interior and control system manufacturers. Major market players include Faurecia S.A. (France), Magna International Inc. (Canada), Lear Corporation (U.S.), Continental AG (Germany), Johnson Controls, Inc. (U.S.), and Hyundai Mobis Co. Ltd. (South Korea). These companies have the technological capabilities required to develop advanced automotive control panels. Request sample: https://www.marketsandmarkets.com/requestsample.asp?id=222158021 About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Shelly Singh Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com
