Oct 17, 2024, 10:15 AM
Oct 17, 2024, 10:15 AM

Digital cockpit market growth to 67 million units by 2030

Highlights
  • The digital cockpit market in China is projected to grow significantly, reaching 67 million units by 2030.
  • Key trends include the integration of multi-display solutions and AI personalization features to enhance user experience.
  • This growth indicates a strong shift towards advanced technology in vehicles, highlighting the importance of innovation in the automotive industry.
Story

In China, the digital cockpit market is experiencing significant growth, projected to reach 67 million units by 2030, up from 45 million units in 2024, with a compound annual growth rate (CAGR) of 7.0%. This surge is driven by the increasing demand for enhanced user experiences, advanced driver-assistance systems (ADAS), and artificial intelligence (AI) personalization features. The penetration of digital cockpits in China was approximately 68% in 2023 and is expected to rise to 93% by 2030. The market is characterized by a trend towards multi-display solutions that integrate infotainment, navigation, and vehicle diagnostics, enhancing the overall driving experience. Key players in the industry are focusing on developing innovative technologies, including touch, voice, and gesture controls, to facilitate intuitive user interactions. In the Asia-Pacific region, excluding China, the penetration of digital cockpits is around 35%, with expectations to reach 73% by 2030, fueled by the rising sales of electric vehicles (EVs) and the demand for improved safety features. Various models have been launched in China, showcasing different display configurations, including discrete cluster and multi-screen displays. The report highlights the importance of understanding market dynamics, including drivers, challenges, and opportunities, for stakeholders and new entrants in the digital cockpit industry. This comprehensive analysis provides insights into the future landscape of the market, emphasizing the need for continuous innovation and adaptation to meet consumer demands.

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