Global Integrated Center Stack(ICS) Market by Type (Passenger Vehicles, Commercial Vehicles), By Application (OEM, Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global integrated center stack (ICS) market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The passenger vehicles segment is expected to account for a major share of the global ICS market during the forecast period. The commercial vehicles segment is projected to register a higher CAGR than the passenger vehicles segment during the forecast period. The OEM application segment is expected to dominate the global ICS market throughout the forecast period, followed by aftermarket application segments. In terms of region, North America dominates the global ICS market, followed by Europe and Asia Pacific respectively.



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Product Definition:

An integrated center stack is a single unit that houses all of the controls and displays for a vehicle's infotainment system. The importance of an integrated center stack is that it provides a consistent user interface for all of the vehicle's functions, making it easy for drivers to use.

Passenger Vehicles:

Passenger vehicles include cars, minivans, SUVs and luxury vehicles. The passenger vehicle market is expected to witness significant growth over the forecast period owing to increasing demand for personal transportation and rising disposable income levels among consumers in emerging economies such as India & China.

Commercial Vehicles:

Commercial vehicles include trucks, buses, and other such vehicles. They are used to transport goods and materials from one place to another. The global commercial vehicle market size was valued at USD 1,600 billion in 2015 and is expected to grow at a CAGR of XX% by 2022 owing to the increasing demand for these vehicles from logistics services providers.

Application Insights:

The OEM segment dominated the global integrated center stack(ICS) market in terms of revenue share in 2017. The growing demand for automotive electronics and ICS integration to support advanced safety features is expected to drive the growth of this segment over the forecast period.

The aftermarket segment is anticipated to witness significant growth over the forecast period owing to rising consumer awareness regarding vehicle maintenance and repair services. Increasing number of service centers, as a result, are likely to increase demand for aftermarket products which include navigation systems, infotainment systems and Bluetooth devices among others.

Owing to increasing use of mobile phones while driving along with other distractions such as music system or tablet PC users are prone accidents on roadways leading authorities across countries including India China Japan U.S.

Regional Analysis:

The North American regional market dominated the global integrated center stack industry in terms of revenue share in 2016. The growth can be attributed to the presence of prominent players such as Continental AG, and Autoliv, Inc., headquartered in this region. Moreover, rising demand for advanced safety features is expected to drive product adoption over the forecast period.

Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing vehicle production and sales across emerging economies including China and India. Furthermore, supportive government initiatives aimed at improving passenger safety are likely to spur industry expansion during the same period.

Growth Factors:

Increasing demand for fuel-efficient vehicles: The global market for ICS is expected to grow at a CAGR of more than 9% from 2016 to 2020. This growth can be attributed to the increasing demand for fuel-efficient vehicles, as ICS helps improve the fuel efficiency of a vehicle by reducing its weight.
Stringent emission norms: Stringent emission norms across different countries are also driving the growth of the ICS market. For instance, Euro 6 emission norm, which came into effect in September 2015 in Europe, mandates that all new passenger cars and light commercial vehicles must meet certain emissions standards. This is likely to increase the adoption of ICS in these regions over the next few years.
Rising demand for luxury cars: The global luxury car market is growing at a rapid pace and this is expected to drive the demand for advanced ICS systems in premium cars over the next few years. For instance, according to MarketsandMarkets research,the global luxury car market was valued at 3 billionin 2014 and itis projectedto reach 9 billionby 2020at a CAGRof 7%.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Center Stack(ICS) Market Research Report
By Type
Passenger Vehicles, Commercial Vehicles
By Application
OEM, Aftermarket
By Companies
Faurecia, Hyundai Mobis, Alps Electric, Johnson Controls, Valeo, Continental, Calsonic Kansei, Delphi Automotive, Methode Electronics, Visteon, Faurecia, General Motors, ITB Group, CentreStack, Preh, DeFliGra, Methode Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.

Global Integrated Center Stack(ICS) Market Report Segments:
The global Integrated Center Stack(ICS) market is segmented on the basis of:
Types
Passenger Vehicles, Commercial Vehicles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Faurecia
Hyundai Mobis
Alps Electric
Johnson Controls
Valeo
Continental
Calsonic Kansei
Delphi Automotive
Methode Electronics
Visteon
Faurecia
General Motors
ITB Group
CentreStack
Preh
DeFliGra
Methode Electronics



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Highlights of The Integrated Center Stack(ICS) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Passenger Vehicles
Commercial Vehicles
By Application:
OEM
Aftermarket
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Integrated Center Stack(ICS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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