Automotive Control Panel Market is projected to rise at a moderate CAGR during the forecast period from 2021 to 2027. The technological innovations and advancements in the control panel design are the major factors fueling the growth of the automotive control panel market during the forecast period. Additionally, the rising demand for electric vehicles and the government guidelines for the adoption of electric vehicles across the globe is another factor driving the demand for the automotive control panel market. Control panel provides with various comfort and convenience features in cars. The growing demand for an enhanced interior in cars is driving the growth of the market. Another factor fueling the growth of the market is the number of different options in automotive control panels, from expensive to cheap, available for the consumers.
Asia-Pacific region is expected to have the largest demand for automotive control panels owing to a large number of population, rising per capita income, and increasing demand for automotive vehicles in the region. The automotive control panel market dominated by a few globally established suppliers such as Johnson Controls, Inc. (U.S.), Continental AG (Germany), Magna International Inc. (Canada), Faurecia S.A. (France), and Valeo S.A. (France). These companies have adopted strategies such as new product development, expansion, mergers & acquisitions, and joint ventures, to gain traction in the market.
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A full report of Global Automotive Control Panel Market is available at: https://www.orionmarketreports.com/automotive-control-panel-market/41013/
The following Segmentation are covered in this report:
By Component
- Rotary Switch
- Roof Control
- Roof Light
- Touchpad
- Smart Roof
- Electric Window
- Locking Function
- Side Mirror
- Door Panel Light
- Driver Monitoring Camera
By Vehicle Type
- Passenger Cars
- Light Commerical Vehicles
- Heavy Commercial Vehicles
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Control Panel Market.
- The market share of the global Automotive Control Panel Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Control Panel Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Control Panel Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
