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Showing posts with the label cockpit electronics market share

Global Cockpit Electronics Market – Huge Investment Opportunities

According to Goldstein Research, global cockpit electronics market is expected to grow from USD 36.87 billion in 2016 at a CAGR of 9.91% over the forecast period 2016-2024. Light weight with better functionality and accuracy to enhance safety, easier traffic management and information controls, situational awareness, and high efficiency are thus propelling the growth of the cockpit electronics market for automotive and aviation sectors. Global cockpit electronics market segmentation has been carried out on the basis of product type and end user. Based on end-user, rising demand for connected vehicles, convenience features to enhance user experience in the vehicle and combination of smartphones with vehicles are the majorly boosting the demand for cockpit electronics. Global cockpit electronics market is dominated by North America is the dominating region for global cockpit electronics market followed by Europe and Asia-Pacific. Presence of major automotive companies and increasing spe...