Smart Vehicle Cabin Market: Introduction
- The
automobile cabin has witnessed significant transformation over the last
few years to become more human centric in order to offer better safety,
comfort, and ride experience. These new vehicle cabins with smart surfaces,
multi-modal inputs, wireless connectivity, and a wide array of
functionalities are termed as smart cabins or intelligent cabins.
- Smart
vehicle cabins utilize
an array of advanced sensors, interactive human machine interface (HMI),
and specially engineered materials to better analyze the behavior of
vehicle occupants, their requirements, and surroundings to adjust the
dynamics of vehicle cabin such as temperature, speaker volume, radio
station, and lighting. These multiple benefits of smart vehicle cabins
along with increased safety is further fueling their demand.
Major Key Players of the Smart Vehicle Cabin Market are:
Analog Devices, Inc.,. BlackBerry Limited, HYUNDAI MOBIS, Panasonic
Corporation, SenseTime, Texas Instruments Incorporated, Valeo, Xilinx, Xperi
Corporation, Yanfeng Automotive Interiors
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Key Drivers of Smart Vehicle Cabin Market
- Demand
for next-generation vehicles is increasing due to a rise in the purchasing
power of consumers. Consequently, changing demands of consumers is
prompting OEMs to incorporate advanced systems in their vehicles, which
render different levels of autonomy and increase convenience of driver and
passengers. Vehicle cabin is at the core of this transformation and hence,
witnessing high integration of intelligent technologies that enhance the
safety and ride experience. For instance, Daimler AG’s MBUX Interior
Assistant uses an artificial intelligence-based gesture input system to
enhance the interaction of vehicle occupants with the vehicle. This
integration of advanced technologies coupled with growing popularity of
next-generation vehicles is driving the smart vehicle cabin market across
the globe.
- Rise
in number of on-road vehicles has resulted in high number of road traffic
accidents, thus creating awareness about driver and passenger safety.
National Highway Traffic Safety Administration stated that in 2017, 6.5
million road-traffic accident were reported across the U. S. Majority of
these accidents are caused due to driver distraction, which in turn is
fueling the requirement for efficient in-cabin monitoring systems such as
vital signs monitoring, life presence detection, passenger classification.
The European Union has mandated installation of in-cabin driver monitoring
solutions in all cars sold across Europe from 2022. Thus, growing
awareness about vehicle safety and regulatory transformations relevant to
it are fueling the global smart vehicle cabin market.
Global Smart Vehicle Cabin Market: Research Scope
Global Smart Vehicle Cabin Market, by Application
- Cabin
conditioning
- In-cabin
monitoring
- Infotainment
- Wireless
Connectivity
- Haptic
HMI
- Others
Global Smart Vehicle Cabin Market, by Component/System
- Display
- HVAC
- Speakers
- Lighting
- Sensors
- Others
Global Smart Vehicle Cabin Market, by Vehicle Type
- Passenger
Vehicle
- Hatchback
- Sedan
- Utility
Vehicle
- Light
Commercial Vehicle
- Buses
& Coaches
- Trucks
Global Smart Vehicle Cabin Market, by Propulsion
- I.C
Engine Vehicle
- Gasoline
Vehicle
- Diesel
Vehicle
- Electric
Vehicle
- Battery
Electric Vehicle (BEV)
- Hybrid
Electric Vehicle (HEV)
- Plug-in
Hybrid Electric Vehicle (PHEV)
Global Smart Vehicle Cabin Market, by Sales Channel
- Aftermarket
- OEM
Challenges in Smart Vehicle Cabin Market
- Smart
vehicle cabins are powered by various connectivity technologies that makes
them highly vulnerable to cyber-attacks and pose a threat to data privacy
of users, thereby hampering the global smart vehicle cabin market.
Furthermore, these systems increase the overall cost of vehicles, which
restricts their application to luxury vehicles.
Impact of COVID-19 pandemic on Smart Vehicle Cabin Market
- Decline
in production and sales of vehicles due to the COVID-19 pandemic led to a
decline in demand for smart vehicle cabin. However, in the post-COVID
phase, these solutions are expected to witness high demand owing to their
possible applications for filtering cabin air, monitoring the vitals of
vehicle occupants, and providing touchless access to various in-cabin
systems.
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In the end, Smart Vehicle Cabin industry report specifics
the major regions, market scenarios with the product price, volume, supply,
revenue, production, and market growth rate, demand, forecast and so on. This
report also presents SWOT analysis, investment feasibility analysis, and
investment return analysis.
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