The global Automotive Digital Instrument Cluster market was valued at US$ 1906.8 million in 2020 and it is expected to reach US$ 5623 million by the end of 2027, growing at a CAGR of 16.2% during 2021-2027.
The automotive instrument cluster is a collection of gauges, dials, and lights, which are in front of the driver, right above the steering.
In some vehicles, it is present in the center of the dashboard. The instrument cluster has a panel, which displays various information, such as speed, fuel level, engine revolutions per minute (RPM), also known as a tachometer. With advancement in technology, modern instrument clusters also displays various icons related to the car such as front lights, power steering warning, door ajar warning, seat belt warning, tailgate open warning, high beam indicator, turn signal indicator, gear shift position, engine malfunction warning, anti-lock braking system (ABS), electronic stability program (ESP), engine oil warning, parking brake warning, charging system warning, malfunction indicator, airbag indicator, low fuel level warning, cruise control indicator, low windshield washer fluid level warning, and others.
Global Automotive Digital Instrument Cluster Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Digital Instrument Cluster Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Bosch, Continental, Delphi, DENSO, Visteon, Alpine Electronics, ID4Motion, Luxoft, Mitsubishi Electric, Nippon Seiki, SHARP, YAZAKI and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- 5-8 inch
- 9-11 inch
- Above 12 inch
Segment by Application
- Passenger Car
- Commercial Vehicle
Table of Content:
1 Automotive Digital Instrument Cluster Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Automotive Digital Instrument Cluster Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Automotive Digital Instrument Cluster Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta