Dublin, Oct. 06, 2022 (GLOBE NEWSWIRE) -- The "Automotive Control Panel - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Automotive Control Panel Market to Reach $106.4 Billion by 2026

The global market for Automotive Control Panel estimated at US$80 Billion in the year 2022, is projected to reach a revised size of US$106.4 Billion by 2026, growing at a CAGR of 6.1% over the analysis period.

Electric Window, one of the segments analyzed in the report, is projected to grow at a 6% CAGR, while growth in the Rotary Switch segment is readjusted to a revised 5% CAGR. Automotive control panels or dashboards continue to be an integral component of vehicles and represent a panel set in the central console of the automobile.

Generally located in front of a driver, the control panel is intended to display control and instrumentation for vehicle operation. Automotive control panel features a number of gauges that work together and display desirable information to ensure seamless operations and enhanced safety.

Some of the typical components of a control panel include speedometer, odometer, tachometer, gear display, fuel gauge, turn signal indicator and active system lights. While speedometer displays vehicle speed in specific units, odometer shows the total distance traveled by a vehicle in its lifetime.

Tachometer displays the rotation count per minute for the engine. Drivers consider fuel gauge for gaining information about the fuel remaining in the tank, while turn signal indicators are flashed to indicate a turn or hazard. In addition, active system lights inform users of parts that are activated, including an open door or trunk.

Car makers today are exploring different formats, sizes and configurations associated with these control panels. The Tesla boasts an advanced iPad-like infotainment unit within the center console along with a digital display unit behind the wheel. Some of the leading car companies are paying more attention to various combinations of head-up displays and physical screens to make their dashboards more informative.

Upcoming car models are anticipated to come integrated with multiple screens on dashboards. Tesla Motors` 2020 Model S comes with a futuristic digital dashboard with an LED display intended to provide users with different types of data. The multi-functional display features odometer, speedometer, battery life, and energy efficiency rating.

The digital control panel displays a 2D map along with live animation and navigation instructions. Some of the digital dashboards incorporated into latest car models are intended to deliver vehicle statistics with convenience and safety. Further advances in this direction are anticipated to equip upcoming car models with digital control panels that score high in terms of functionality as well as aesthetics.

Digital dashboards with LCDs feature touchscreen operation and provide different parameters like engine RPM, vehicle speed, engine temperature and oil pressure along with battery charging, remaining fuel and real-time feedback. LCD displays are an impressive addition to digital control panels and display different types of information through dedicated software.

The increasing appeal of digital control panel can be attributed to its ability to deliver precise information in comparison to analog options while providing automakers with a compelling solution to achieve space savings. Small LCD or LED arrangement is capable of presenting data to a decimal format and cycling different datasets with the press of a single button.

The ability of digital control panels to perform a job faster and better is prompting an increasing number of car makers to part ways with analog versions that consume valuable space with different gauges. A single digital display can provide drivers with information regarding various parameters like tire pressure, air-fuel ratio, oil pressure, fuel/air pressure, turbo boost and water temperature. The idea of digital car dashboards is also gaining traction with availability of sophisticated display technologies, including LCDs and high-resolution displays.

These displays have experienced notable changes and evolution before yielding fully-customizable digital control panels. Latest versions of these dashboards allow users to get desired information on the screen, including blind spot camera view, information about connected phone and navigation aid. The customization has played an important role in reducing driver distraction, resulting in enhanced safety.

These panels are witnessing high uptake among car makers as they allow manufacturers to consider same hardware in various models while ensuring desired level of differentiation. Head-up displays used in cars augment analog gauges with digital readout on windshield glass. Digital control panels are benefitting from availability of software-driven panels that convey information on the display panel. These digital control panels present information as text messages, numeric parameters and graphical gauges.

In contrast to traditional electromechanical panels, these highly interactive displays exhibit enhanced flexibility and versatility. In the recent years, an increasing number of car models have been introduced with next-generation LDC screen panels. Some of these models rely heavily on digital speedometers as analog versions are unable to keep up with rev changes. Digital car dashboards are poised to maintain their increasing relevance and become an indispensable part of new car models.

Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS (Total 81 Featured)

4. GLOBAL MARKET PERSPECTIVE III. REGIONAL MARKET ANALYSIS IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/5gl5eb

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