PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1512193
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1512193
Automotive Integrated Control Panel Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Market Overview
In 2024, the worldwide automotive integrated control panel industry will produce a projected revenue of USD 88.6 billion, which is projected to experience a CAGR of 4.0% over the projection period, to attain USD 112.2 billion by the end of the decade. The development of the industry is propelled by the growing sale of hi-tech vehicles, which provide simple access to all features, through the integrated control panel.
The automotive market is fast-paced and constantly changing to accommodate advanced vehicles, especially electric, connected, and self-driving cars. Manufacturers are quickly adopting new technologies, evident in the integration of electronic power modules with control panels. These advanced chips provide many features like comfort and safety by working with vehicle-to-vehicle communication technologies to make navigation and driving easier.
The growing popularity of EVs significantly boosts the market, as control panels are crucial for displaying the vast amount of information these vehicles generate. For example, Tesla saw a 38% increase in sales, reaching 1.81 million units in 2023.
Advanced control systems (ACS) offer drivers real-time assistance, smart climate control, intelligent interaction, and a personalized infotainment experience, all on one platform. They also provide easy access to detailed vehicle operation information, enhancing convenience and safety for drivers.
Key Insights
The multimedia screen category will dominate the market in 2024 with 25% revenue and the highest projected CAGR of 4.8% from 2024 to 2030.
Touchscreens in vehicles offer easy access to HVAC, audio, navigation, and driver assistance functions.
Automotive 360-degree surround camera images and videos are displayed on these screens for safety and driving assistance.
The passenger vehicles category will hold the largest market share of 40% in 2024 and is expected to grow at a 4.5% CAGR.
Passenger vehicle owners seek advanced control panel systems for luxury, comfort, and safety.
Increasing sales of electric passenger vehicles boost the market, with India selling 832,434 EVs by August 2023.
The instrument panel category will dominate with 35% revenue in 2024 and the fastest-growing CAGR of 4.6%.
Instrument panels provide critical information like speed, fuel, and engine health, along with safety indicators.
Advanced windshield panels and integrated instrument panels with ADAS and AEB enhance user experience.
OEMs will have the larger market share of 65% in 2024, driven by global road safety regulations.
Increased vehicle sales drive OEM control panel demand due to trusted long-lasting components.
The aftermarket category will grow at a higher CAGR of 4.3% from 2024 to 2030, fueled by vehicle customization and DIY trends.
Aftermarket components offer a variety of features and designs, often at lower prices than OEMs.
North America holds a significant market share due to renowned automakers like Ford and GM and tech-savvy customers.
The Asia-Pacific region, holding around 50% market share, will grow at the highest CAGR of 4.7% during 2024-2030, driven by rapid EV sales in China, India, Japan, and South Korea.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by component
- 1.4.2. Market size breakdown, by vehicle type
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by sales channel
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Component (2019-2030)
- 6.3. Market Revenue, by Vehicle Type (2019-2030)
- 6.4. Market Revenue, by Application (2019-2030)
- 6.5. Market Revenue, by Sales Channel (2019-2030)
- 6.6. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Component (2019-2030)
- 7.3. Market Revenue, by Vehicle Type (2019-2030)
- 7.4. Market Revenue, by Application (2019-2030)
- 7.5. Market Revenue, by Sales Channel (2019-2030)
- 7.6. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Component (2019-2030)
- 8.3. Market Revenue, by Vehicle Type (2019-2030)
- 8.4. Market Revenue, by Application (2019-2030)
- 8.5. Market Revenue, by Sales Channel (2019-2030)
- 8.6. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Component (2019-2030)
- 9.3. Market Revenue, by Vehicle Type (2019-2030)
- 9.4. Market Revenue, by Application (2019-2030)
- 9.5. Market Revenue, by Sales Channel (2019-2030)
- 9.6. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Component (2019-2030)
- 10.3. Market Revenue, by Vehicle Type (2019-2030)
- 10.4. Market Revenue, by Application (2019-2030)
- 10.5. Market Revenue, by Sales Channel (2019-2030)
- 10.6. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Component (2019-2030)
- 11.3. Market Revenue, by Vehicle Type (2019-2030)
- 11.4. Market Revenue, by Application (2019-2030)
- 11.5. Market Revenue, by Sales Channel (2019-2030)
- 11.6. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Component (2019-2030)
- 12.3. Market Revenue, by Vehicle Type (2019-2030)
- 12.4. Market Revenue, by Application (2019-2030)
- 12.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Component (2019-2030)
- 13.3. Market Revenue, by Vehicle Type (2019-2030)
- 13.4. Market Revenue, by Application (2019-2030)
- 13.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Component (2019-2030)
- 14.3. Market Revenue, by Vehicle Type (2019-2030)
- 14.4. Market Revenue, by Application (2019-2030)
- 14.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Component (2019-2030)
- 15.3. Market Revenue, by Vehicle Type (2019-2030)
- 15.4. Market Revenue, by Application (2019-2030)
- 15.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Component (2019-2030)
- 16.3. Market Revenue, by Vehicle Type (2019-2030)
- 16.4. Market Revenue, by Application (2019-2030)
- 16.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Component (2019-2030)
- 17.3. Market Revenue, by Vehicle Type (2019-2030)
- 17.4. Market Revenue, by Application (2019-2030)
- 17.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Component (2019-2030)
- 18.3. Market Revenue, by Vehicle Type (2019-2030)
- 18.4. Market Revenue, by Application (2019-2030)
- 18.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Component (2019-2030)
- 19.3. Market Revenue, by Vehicle Type (2019-2030)
- 19.4. Market Revenue, by Application (2019-2030)
- 19.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Component (2019-2030)
- 20.3. Market Revenue, by Vehicle Type (2019-2030)
- 20.4. Market Revenue, by Application (2019-2030)
- 20.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Component (2019-2030)
- 21.3. Market Revenue, by Vehicle Type (2019-2030)
- 21.4. Market Revenue, by Application (2019-2030)
- 21.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Component (2019-2030)
- 22.3. Market Revenue, by Vehicle Type (2019-2030)
- 22.4. Market Revenue, by Application (2019-2030)
- 22.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Component (2019-2030)
- 23.3. Market Revenue, by Vehicle Type (2019-2030)
- 23.4. Market Revenue, by Application (2019-2030)
- 23.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Component (2019-2030)
- 24.3. Market Revenue, by Vehicle Type (2019-2030)
- 24.4. Market Revenue, by Application (2019-2030)
- 24.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Component (2019-2030)
- 25.3. Market Revenue, by Vehicle Type (2019-2030)
- 25.4. Market Revenue, by Application (2019-2030)
- 25.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Component (2019-2030)
- 26.3. Market Revenue, by Vehicle Type (2019-2030)
- 26.4. Market Revenue, by Application (2019-2030)
- 26.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Component (2019-2030)
- 27.3. Market Revenue, by Vehicle Type (2019-2030)
- 27.4. Market Revenue, by Application (2019-2030)
- 27.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Component (2019-2030)
- 28.3. Market Revenue, by Vehicle Type (2019-2030)
- 28.4. Market Revenue, by Application (2019-2030)
- 28.5. Market Revenue, by Sales Channel (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Continental AG
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Visteon Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. ZF Friedrichshafen AG
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Magna International Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Faurecia S.A.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Valeo S.A.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Toyota Boshoku Corporation
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Hyundai Mobis Co. Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Johnson Controls Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Assembly Solutions Ltd
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. BCS Automotive Interface Solutions
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. SIC Ltd
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
- 30.13. GX Group Limited
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary
- 30.14. Innolux Corporation
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.14.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
