Automotive Cockpit Module Market to Grow Over $24B by 2027, APAC Taking Largest Share
• Automotive cockpit module market estimated to grow by $24.74 billion from 2022-2027 at a CAGR of 6.33% • Market is fragmented due to presence of many global and regional companies like Alps Alpine, DENSO Corp, Garmin, etc. • APAC will have the largest share (29%) of the market growth, driven by China, Japan, and India • Adoption of advanced HMI in mass-segment vehicles is an impactful driver • Increasing cost pressure faced by automotive OEMs is a major challenge