TMCnet News
Global Cockpit Electronics for Automotive Market 2019-2025: Market is Projected to Grow by US$26.5 BillionDUBLIN, Aug. 27, 2019 /PRNewswire/ -- The "Cockpit Electronics for Automotive - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering. Cockpit Electronics for Automotive market worldwide is projected to grow by US$26.5 Billion, driven by a compounded growth of 8.2% HUD, one of the segments analyzed and sized in this study, displays the potential to grow at over 9.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4 Billion by the year 2025, HUD will bring in healthy gains adding significant momentum to global growth. Representing the developed world, the United States will maintain a 6.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$915 Million to the region's size and clout in the next 5 to 6 years. Over US$2 Billion worth of projected demand n the region will come from other emerging Eastern European markets. In Japan, HUD will reach a market size of US$236.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.3% over the next couple of years and add approximately US$7.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
For more information about this report visit https://www.researchandmarkets.com/r/n4ii2z Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/global-cockpit-electronics-for-automotive-market-2019-2025-market-is-projected-to-grow-by-us26-5-billion-300907608.html SOURCE Research and Markets |