Automotive Cockpit Electronics Market Is Expected to Grow at a Cagr of 12.0% During 2014 to 2020
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Global Automotive Cockpit Electronics Market - Infotainment and
Navigation Segment to Witness Highest Growth by 2020
Persistence Market Research
Infotainment and Navigation Segment is
Expected to Witness Highest Growth by
2020:Persistence Market Research
Persistence Market Research
1
Global Automotive Cockpit Electronics Market - Infotainment and
Navigation Segment to Witness Highest Growth by 2020
Persistence Market Research “Global Market Study on Automotive Cockpit Electronics:
Infotainment and Navigation Segment to Witness Highest Growth by 2020”, the global automotive
cockpit electronics market was worth USD 31.1 billion in 2013 and is expected to grow at a CAGR of
12.0% during 2014 to 2020, to reach an estimated value of USD 61.5 billion in 2020.
Growing per capita income and an economically active global population have led to the increase in
demand for personal conveyance. The global cockpit electronics market is growing mainly due to the
spurt in new car sales and the increasing affordability of consumers to install advanced technologies in
their vehicles. Technological advancements have been giving rise to competition in the market due to
which most leading companies are investing heavily in research and development activities. The
changing demand for vehicle electronics from analog to digital has boosted the automotive infotainment
market significantly.
Interested in report: Please follow the below the links to meet your requirements; Request for the
Report Brochure :http://www.persistencemarketresearch.com/samples/2837
The per capita car ownership has been continuously rising due to the worldwide increase in the middleclass population. According to the International Transport Forum of Organization for Economic
Cooperation and Development (OECD), the number of cars plying worldwide would reach 2.5 billion by
2050. There has been a significant rise in passenger car ownership in the Arab countries and Eastern...
Navigation Segment to Witness Highest Growth by 2020
Persistence Market Research
Infotainment and Navigation Segment is
Expected to Witness Highest Growth by
2020:Persistence Market Research
Persistence Market Research
1
Global Automotive Cockpit Electronics Market - Infotainment and
Navigation Segment to Witness Highest Growth by 2020
Persistence Market Research “Global Market Study on Automotive Cockpit Electronics:
Infotainment and Navigation Segment to Witness Highest Growth by 2020”, the global automotive
cockpit electronics market was worth USD 31.1 billion in 2013 and is expected to grow at a CAGR of
12.0% during 2014 to 2020, to reach an estimated value of USD 61.5 billion in 2020.
Growing per capita income and an economically active global population have led to the increase in
demand for personal conveyance. The global cockpit electronics market is growing mainly due to the
spurt in new car sales and the increasing affordability of consumers to install advanced technologies in
their vehicles. Technological advancements have been giving rise to competition in the market due to
which most leading companies are investing heavily in research and development activities. The
changing demand for vehicle electronics from analog to digital has boosted the automotive infotainment
market significantly.
Interested in report: Please follow the below the links to meet your requirements; Request for the
Report Brochure :http://www.persistencemarketresearch.com/samples/2837
The per capita car ownership has been continuously rising due to the worldwide increase in the middleclass population. According to the International Transport Forum of Organization for Economic
Cooperation and Development (OECD), the number of cars plying worldwide would reach 2.5 billion by
2050. There has been a significant rise in passenger car ownership in the Arab countries and Eastern...