Future of Digital Cockpit Market worth 67 million units by 2030 | MarketsandMarkets

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Future of Digital Cockpit Market Scope:

Mid/High-End Cockpit is anticipated to witness growth by 2030.

The entry-level cockpit is defined as a cockpit with only a digital infotainment display; on the other hand, a mid/high-end cockpit features two or more 2 screens (infotainment, cluster, co-passenger, rear entertainment, HUD, and others). Multi-display systems will integrate digital displays, Bluetooth, IoT, and voice and gesture controls with smartphones. This blend of network technologies and processing power will enhance seamless infotainment through visual imagery. Globally, the current penetration of mid-end cockpits is ~58%, and that of high-end cockpits is ~16% in 2023 and is expected to grow at a promising growth rate till 2030. Models with mid-end cockpits include the VW Tiguan, Peugeot 2008, Mercedes GLC class, Ford Explorer, Toyota Camry, Honda Accord, and others that feature digital infotainment and cluster display. The high-end cockpit models include the Cadillac Escalade, Mercedes Benz- EQS SUV & EQE, BMW 1 series, BMW iX, and BMW 7 series, which feature integrated display solutions.

Asia Pacific is expected to be the largest market during the forecast period.

Asia-Pacific regions hold the major share of the digital cockpit market. China leads the market with ~ a 44% share in the global digital cockpit market. The penetration of the digital cockpit in China was ~68% in 2023 and is expected to reach 93% by 2030, owing to the growing demand for enhanced user experience, ADAS integration, and AI personalization features. In China, models launched with discrete cluster + center console display are ZEEKR 009, new NIO ES6, GAC Hyper GT, Denza N7, Geely Galaxy L6 and ZEEKR 007. Models with the multi-screen display are the Rising F7, 2024 New Voyah Dreamer, Haval Fierce Dragon MAX and Kia EV5 and integrated display are Jiyue 01 and Geely Galaxy E8. The penetration of digital cockpits in APAC (excluding China) is ~35% and is expected to reach ~73% by 2030, owing to the increasing sales of EVs, demand for enhanced safety while driving, and multi-display solutions.

Key Market Players Future of Digital Cockpit Industry:

Prominent players in the Future of Digital Cockpit Market include as General Motors (USA), Stellantis N. V. (Netherlands), Honda Motors (Japan), Volkswagen (Germany), Ford (USA), Xpeng (China), Zeekr (China), Rivian (US), Tata Motors (India) 

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