Global Automotive Center Stacks Market Top Leading Players with Strategies and Forecast 2022-2028
The global automotive center stacks market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2022-2028). The rise in the production and sales of passenger and commercial vehicles is anticipated to drive the growth of the global automotive center stacks market. Rolls-Royce CEO Torsten Muller Otvos stated that the company had sold 5,586 vehicles to customers in more than 50 countries during the COVID-19 pandemic. Further Bentley, a unit of Volkswagen AG stated that the company has recorded global sales of 31.0% for high-end vehicles in 2021, whereas BMW stated that the company had achieved sales of 2.2 million vehicles in 2021. Moreover, as per the data published by India Brand Equity Foundation (IBEF) in 2022, India has sold 3.49 million units in passenger and commercial vehicle categories. In October 2021, the total production volume of passenger vehicles reached 2,214,745 units. The luxury car market had registered sales between 28000-33000 units in 2021, up from 20000-21000 units sold in 2020.
The adoption of automotive infotainment options and other technologies by major players is anticipated to drive the growth of the automotive center stacks market. For instance, the Mercedes-Benz A-Class center stack for infotainment systems is a dual touchscreen display for vehicles that include a variety of electronic components including 32-bit MCUs from NXP semiconductors, memory, and field-programmable gate array (FPGA) from Xilinx and more. Moreover, Mercedes-Benz India had strengthened its car ecosystem, by launching the S-class Maestro Edition in 2021, featuring the Mercedes Me connect Technology. This technology integrates additional features and connected cars technology features such as magic sky control with a panoramic sunroof, front seats with memory package, and others. Also, the Mercedes me connects several features with Alexa Home and Google Home are supported by AI technology. Thus, the OEMs are developing touch screen displays and infotainment systems to support future innovations which are further driving the need for center stacks in automotives.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Material
- By Vehicle Type
- By Sales Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Johnson Controls Inc., Hyundai Mobis Co. Ltd., and Continental AG among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Center Stacks Market Report by Segment
By Type
- Touch Screen
- Buttons & Control
By Material
- Plastics & Polymers
- Metal
- Others
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Sales Channel
- OEM
- Aftermarket
Global Automotive Center Stacks Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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