Asia Pacific Market Forecast
The Asia Pacific automotive cockpit electronics market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth can be attributed to the industrial production structural changes along with the surged demand for automotive electronics with the increasing automobile production in the region. According to the International Organization of Motor Vehicle Manufacturers (OICA) data, in the year 2021, China produced 21 407 962 passenger cars, becoming the largest producer in the world.
Author Credits: Saima Khursheed
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