Automotive Digital Instrument Cluster market revenue is estimated to be $XX Billion in 2019 and shall grow with a CAGR of XX.X% during the forecast period of 2019 to 2026.
An Automotive Digital Instrument Cluster is an aggregation of all the useful operational aspects of a vehicle for the driver. This is found on all sizes of vehicles. The vital parameters are made available to the user on a comfortable and engaging interface. The features and layouts vary with brands.
Analysis by Display Type
LCDs are the most commonly found of all the display types. They are finding acceptance with premium brands as well. Digitized solutions are on the rise and this will create a demand-pull for LCDs as well. This display type is gearing up for double-digit sales growth year on year in the forecasted period. The vehicle OEMs are coming up with advanced features and graphics.
OLEDs have advantages of better quality levels over their LCD counterparts. This segment will also see a balanced growth as it outperforms the LCD in larger vehicles.
Analysis by Display Size
The 9” - 11” display size is gaining a lot of popularity for the sheer number of vehicles that use it. Moreover, its supply is being helped with the easy availability of spares. Vehicle sales with this display size represents the middle-income group. The customers are expecting more sophistication in even small to medium cars. Thus, the demand for the 9” – 11” display clusters will continue to soar in the projected timeframe.
The displays larger than 12” have also registered considerable growth. The market for larger cars is also on the rise in a lot of regions. This will propel the demand for these displays. The trade volumes of 12”-displays are set to rise.
Analysis by Region
Europe holds the lion’s share in the demand for Automotive Digital Instrument Clusters. Moreover, within Europe, it is Germany that is in the driving position for the implementation of these systems. Naturally so, as some of the world’s most prestigious Automotive brands are housed in this country. They are market leaders and are constantly working towards ecstatic clusters.
UK and France are a close second to Germany owing to some Automotive brands’ presence in these countries as well. As with German brands, they also have a lucrative market to serve. The modern customer is looking for breath-taking interiors and the Instrument cluster is a large part of that expectation.
Analysis by Market
The who is who of the Automotive Digital Instrument Cluster industry include Continental AG, Robert Bosch GmbH, Nvidia Corporation, Nippon Seiki, Visteon Corporation, Denso Corporation, IAC Group, and Luxoft. Almost all players are fully committed to design and manufacture intelligent digital instrument clusters. Most of them see a largely growing vehicular sales market ahead. Investments in R&D, Automation and Human Resources is on the rise.
Industry leaders are working on innovations to bring an unparalleled driving experience to their customers. These systems will drive vehicle sales across all major customer groups. This will, in turn, create a favorable supply situation for the manufacturers of Automotive Digital Instrument Clusters. Further down the value-chain, there will be an emergence of larger distribution networks and margins for those businesses. Hence, this industry has a positive future ahead for all the stakeholders. Other industries in this domain that are growing at a high CAGR include Automotive Electronics Market and Automotive Switches Market.
● Market Revenue Estimation and Forecast (2019 – 2026)
● Market Production Estimation and Forecast (2019 – 2026)
● Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
● Breakdown of Revenue by Segments (2019 – 2026)
● Breakdown of Production by Segments (2019 – 2026)
● Breakdown of Sales Volume by Segments (2019 – 2026)
● Gross Margin and Profitability Analysis of Companies
● Business Trend and Expansion Analysis
● Import and Export Analysis
● Regional Analysis and Market Data Breakdown
By Display Type Outlook ($Revenue and Unit Sales, 2019-2026)
By Display Size Outlook ($Revenue and Unit Sales, 2019-2026)
• 9-11 inch
• >12 inch
By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
• South Korea
• South Africa
• Continental AG
• Nvidia Corporation
• Robert Bosch GmbH
• Nippon Seiki
• Visteon Corporation
• IAC Group
• Magneti Marelli S.p.A.
• Denso Corporation
• Pricol Limited
• Stoneridge Inc.