Automotive Digital Cockpit Market Summary
As per Market Research Future Analysis, the Automotive Digital Cockpit Market was valued at USD 175.7 Billion in 2023 and is projected to reach USD 363.2 Billion by 2032, growing at a CAGR of 8.26% from 2024 to 2032. The market is driven by increasing consumer demand for enhanced user experiences in mid-priced and economic passenger cars, alongside the rise of self-driving vehicles and advanced driver assistance systems (ADAS). North America leads the market with a 54.6% share in 2022, followed by Europe and Asia-Pacific, which is expected to grow at the fastest rate during the forecast period.
Key Market Trends & Highlights
Key trends driving the Automotive Digital Cockpit Market include technological advancements and customization.
- Passenger cars accounted for over 80.0% of market revenue in 2022.
- Camera-based driver monitoring systems dominated with 48.3% of total volume in 2022.
- R&D investments in automotive increased by 6.7% in 2019, reaching approximately USD 62.17 billion annually.
- The Asia-Pacific region is expected to exhibit the fastest CAGR from 2023 to 2032.
Market Size & Forecast
2023 Market Size: USD 175.7 Billion
2032 Market Size: USD 363.2 Billion
CAGR (2024-2032): 8.26%
Largest Regional Market Share in 2022: North America
Major Players
Key players include Robert Bosch GmbH, Continental, Denso Corporation, Panasonic Corporation, and Visteon Corporation.
Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Automotive Digital Cockpit Market Trends
-
Increased automotive sales have resulted in the customization of digital cockpits for convenience, which is driving market growth
Increased automotive sales have resulted in the customization of digital cockpits for convenience, driving the market CAGR for automotive digital cockpit. Most automotive OEMs offer customizations in digital cockpits based on buyer demands and preferences, with controls mounted on steering wheels or a voice control touch screen to operate the vehicle, focusing on providing the driver with an effortless driving experience with smoother vehicle functionality.
Furthermore, the emergence of self-driving cars and other technological advances in cars and other vehicles, digitalization of compatible components, and surging vehicle sales, particularly of passenger vehicles and luxury vehicles, are expected to exponentially accelerate the growth of the automotive digital cockpit industry.
In addition, automobile manufacturers are also promoting ADAS adoption by investing heavily in R&D in digital automobile solutions, which are primarily used in passenger vehicles on a large scale for premium, safety, comfort, and security benefits in the automotive digital cockpit market. According to the European Automobile Manufacturers Association, European R&D investments in automotive increased by 6.7% in 2019 to roughly USD 62.17 billion each year.
The manufacturing of commercial vehicles and passenger cars has exhibited favorable market growth as investments in automotive R&D have increased. As a result, the global market for vehicle digital cockpits is constantly expanding.
Automotive Digital Cockpit Market Segment Insights
Automotive Digital Cockpit Vehicle Type Insights
The Automotive Digital Cockpit Market segmentation, based on vehicle type includes light commercial vehicle, passenger car, and heavy commercial vehicle. The passenger car segment dominated the automotive digital cockpit market, accounting for more than 80.0% of revenue in 2022. The growing demands for connected car technologies in passenger vehicles, as well as the introduction of self-driving vehicles, are likely to fuel market growth. Furthermore, automakers are increasingly focusing on providing a better user experience to their customers, which has increased demand for automotive digital cockpits.
Automotive Digital Cockpit Equipment Insights
The Automotive Digital Cockpit Market segmentation, based on equipment, includes digital instrument cluster display type, advanced head unit, head-up display (HUD), and camera-based driver monitoring system. The camera-based driver monitoring system category dominated the automotive digital cockpit market, accounting for 48.3% of total volume in 2022. Driving monitoring systems are infotainment systems that provide a variety of interactive functions such as entertainment, navigation, cabin climate controls, and several safety and security features such as advanced driver aid systems. Advances in autonomous vehicles and connection technology in automobiles are projected to drive demand for driving monitoring systems.
Automotive Digital Cockpit Propulsion Insights
The Automotive Digital Cockpit Market segmentation, based on propulsion, includes hybrid electric vehicle (HEV), battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), and internal combustion engine (ICE). The plug-in hybrid electric vehicle (PHEV) category had a significant market share. A plug-in hybrid electric vehicle (PHEV) is a hybrid electric vehicle that combines a gasoline or diesel engine with an electric motor and a huge battery that can be recharged by connecting into an electrical outlet or charging station. Conventional hybrid vehicles contain an electric motor and battery, but their power is entirely derived from gasoline or diesel.
Figure 1: Automotive Digital Cockpit Market, by Propulsion, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Automotive Digital Cockpit Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America dominated the vehicle digital cockpit market, accounting for 54.6% of total sales in 2022. This expansion can be attributed to the region's increased production and sales of passenger vehicles. Because of the increased demand for automobiles and rising income levels, the region's mid-sized premium and luxury car categories are expanding.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Automotive Digital Cockpit Market Share By Region 2022 (Usd Billion)
Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Europe automotive digital cockpit market accounts for the second-largest market share because of the consistent re-engineering of the safety systems found in luxury and high-end vehicles to improve driver safety in the region. Further, the German automotive digital cockpit market held the largest market share, and the UK automotive digital cockpit market was the fastest-growing market in the European region
The Asia-Pacific Automotive Digital Cockpit Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due of the surge in vehicle production of conventional and electric cars in this particular location. Moreover, China’s automotive digital cockpit market held the largest market share, and the Indian automotive digital cockpit market was the fastest-growing market in the Asia-Pacific region.
Automotive Digital Cockpit Key Market Players & Competitive Insights
Leading market players are investing heavily in R&D to expand their product lines, which will help the automotive digital cockpit market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, automotive digital cockpit industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global automotive digital cockpit industry to benefit clients and increase the market sector. In recent years, the automotive digital cockpit industry has offered some of the most significant advantages to medicine. Major players in the automotive digital cockpit market, including  Robert Bosch GmbH (Germany), Continental (Germany), Denso Corporation (Japan), Panasonic Corporation (Japan) and others, are attempting to increase market demand by investing in R&D operations.
Visteon Corporation (VC), headquartered in Van Buren Township, Michigan, is an American global automotive electronics supplier. Visteon develops, creates, and manufactures vehicle cockpit electronics, connected car services, and electrification systems for a diverse customer base that includes nearly all of the world's major automakers. Visteon had $3.76 billion in sales and nearly 10,000 people in more than 40 sites across 18 countries in 2022. Visteon has set a corporate aim of increasing its business with other firms, and it now has a diverse customer base, working with all of the world's leading manufacturers.
In January 2020, Visteon introduced next-generation digital cockpit technology platforms at CES 2020. This system contains an infotainment solution for connected cars that is an Android infotainment solution for seamless connectivity, including seamless integration with Android Auto and Apple CarPlay technologies for smartphone projection.
Faurecia SE is a French global automobile supplier headquartered in Nanterre, a suburb of Paris in the west. It was the world's ninth largest multinational automotive components maker in 2018 and ranked first in vehicle interiors and pollution control technology. Faurecia equips one out of every three autos. It creates seats, exhaust systems, interior systems (dashboards, centre consoles, door panels, acoustic modules), and vehicle aesthetic elements (aluminium, wood). Customers of Faurecia include, among others, the Volkswagen Group, Stellantis, Renault-Nissan-Mitsubishi, Ford, General Motors, BMW, Daimler, Toyota, Tesla, Inc., Hyundai-Kia, Jaguar Land Rover, and BYD.
In July 2019, Faurecia has announced a partnership with Microsoft to develop revolutionary, connected, and personalized services for the Cockpit. This type of technology will be unique, and premium automobile manufacturers will desire such technology in their vehicles to improve the driving experience of their customers.
Key Companies in the automotive digital cockpit market include
- Robert Bosch GmbH (Germany)
- Panasonic Corporation (Japan),
- Denso Corporation (Japan)
- Visteon Corporation (US),
- Pioneer Corporation (Japan),
- Nippon Seiki Co., Ltd (Japan)
Automotive Digital Cockpit Industry Developments
-
Q2 2024: Qualcomm launches next-generation Snapdragon Digital Chassis for automotive digital cockpit Qualcomm announced the launch of its latest Snapdragon Digital Chassis platform, designed to power advanced digital cockpit systems in next-generation vehicles, offering enhanced connectivity, AI-driven features, and immersive infotainment experiences.
-
Q2 2024: Hyundai Mobis unveils new integrated digital cockpit platform at Auto China 2024 Hyundai Mobis introduced its latest integrated digital cockpit platform at Auto China 2024, featuring a multi-display layout, advanced driver-assistance integration, and enhanced connectivity for electric and autonomous vehicles.
-
Q2 2024: Panasonic Automotive Systems Company of America Announces Strategic Partnership with BlackBerry QNX for Digital Cockpit Solutions Panasonic Automotive Systems Company of America entered a strategic partnership with BlackBerry QNX to co-develop secure, scalable digital cockpit solutions for global automakers, leveraging BlackBerry's real-time operating system and cybersecurity expertise.
-
Q2 2024: Aptiv to acquire Wind River for $4.3 billion to boost automotive software and digital cockpit capabilities Aptiv announced an agreement to acquire Wind River, a leader in embedded software, for $4.3 billion, aiming to strengthen its automotive digital cockpit and connected vehicle software offerings.
-
Q3 2024: Continental opens new digital cockpit R&D center in Singapore Continental inaugurated a new research and development center in Singapore focused on digital cockpit technologies, aiming to accelerate innovation in user experience, display systems, and connected vehicle solutions.
-
Q3 2024: Harman launches Ready Upgrade digital cockpit platform for automakers Harman, a Samsung company, launched its Ready Upgrade digital cockpit platform, enabling automakers to offer modular, upgradable cockpit experiences with advanced infotainment, connectivity, and over-the-air update capabilities.
-
Q3 2024: Visteon wins digital cockpit program with major European automaker Visteon announced it has been awarded a digital cockpit program by a major European automaker, providing integrated instrument clusters, infotainment, and display solutions for upcoming vehicle models.
-
Q4 2024: Bosch debuts new AI-powered digital cockpit platform at CES 2025 Bosch unveiled its latest AI-powered digital cockpit platform at CES 2025, featuring voice recognition, personalized driver profiles, and seamless integration with vehicle safety and infotainment systems.
-
Q4 2024: Faurecia and Aptoide partner to deliver app store for automotive digital cockpits Faurecia, a FORVIA company, announced a partnership with Aptoide to integrate an automotive app store into its digital cockpit solutions, enabling drivers to access a wide range of apps directly from their vehicle displays.
-
Q1 2025: Denso opens new digital cockpit manufacturing facility in Thailand Denso opened a new manufacturing facility in Thailand dedicated to producing digital cockpit components, aiming to meet growing demand from automakers in Southeast Asia.
-
Q1 2025: Magna International secures contract to supply digital cockpit systems to North American EV startup Magna International announced it has secured a contract to supply digital cockpit systems to a North American electric vehicle startup, with production scheduled to begin in late 2025.
-
Q2 2025: Renesas Electronics launches new R-Car Gen5 SoC for automotive digital cockpits Renesas Electronics launched its R-Car Gen5 system-on-chip (SoC), designed to power next-generation automotive digital cockpits with enhanced graphics, AI processing, and cybersecurity features.
Automotive Digital Cockpit Market Segmentation
Automotive Digital Cockpit Market By Vehicle Type Outlook
Automotive Digital Cockpit Market By Equipment Outlook
- Digital Instrument Cluster Display Type
- Camera-Based Driver Monitoring System
Automotive Digital Cockpit Market By Propulsion Outlook
- Hybrid electric vehicle (HEV)
- Battery electric vehicle (BEV)
- Plug-in hybrid electric vehicle (PHEV)
- Internal combustion engine (ICE)
Automotive Digital Cockpit Regional Outlook
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 175.7Â Billion |
| Market Size 2024 |
USD 192.39 Billion |
| Market Size 2032 |
USD 363.2 Billion |
| Compound Annual Growth Rate (CAGR) |
8.26% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Vehicle Type, Equipment, Propulsion and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
 Robert Bosch GmbH (Germany), Continental (Germany), Denso Corporation (Japan), Panasonic Corporation (Japan), Faurecia (France), Aptiv (Ireland), HARMAN International (US). Pioneer Corporation (Japan), Nippon Seiki Co., Ltd (Japan), and Visteon Corporation (US) |
| Key Market Opportunities |
New product launches and R&D. |
| Key Market Dynamics |
Consumer demand for advanced user experience in the mid-priced. |
Automotive Digital Cockpit Market Highlights:
Frequently Asked Questions (FAQ):
The Automotive Digital Cockpit Market size was valued at USD 142.1 billion in 2022.
The global market is projected to grow at a CAGR of 8.26% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Robert Bosch GmbH (Germany), Continental (Germany), Denso Corporation (Japan), and Panasonic Corporation (Japan).
The camera-based driver monitoring system category dominated the market in 2022.
The plug-in hybrid electric vehicle (PHEV) category had the largest share in the global market.
