Digital Instrument Clusters Market Scope
Digital instrument clusters are complex automotive-grade systems that include LCD, cover lens, touch screen, back light and other electronics components. Digital instrument clusters give drivers more information in less time for added driving safety. Rising demand for electric vehicles and increasing demand for luxury vehicles are the major growth drivers of the market.
The Digital Instrument Clusters market study is segmented, by Application (Passenger cars and Commercial vehicles) and major geographies with country level break-up.
Research Analyst at AMA estimates that Japanese Vendors will contribute to the maximum growth of Global Digital Instrument Clusters market throughout the predicted period.
Bosch (Germany), Panasonic (Japan), Aptiv (Ireland), Toshiba (Japan), Continental (Germany), Denso (Japan), Yazaki (Japan), Visteon (United States), Magneti Marelli (Italy), IAC Group (Luxembourg), Spark Minda (India), Nippon Seiki (Japan) and Nvidia (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Digital Instrument Clusters market by Type, Application and Region.
On the basis of geography, the market of Digital Instrument Clusters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 22 Dec 2020, Continental bags new order for digital instrument clusters from Hyundai: Ramps up production in India. Continental's Business Unit Human Machine Interface is increasing production capacity and development capabilities to meet the growing local demand.
- Rising Demand for Electric Vehicles Worldwide
- Growing Demand for Advanced Cluster Technology by OEMs
- Increasing Demand for Luxury Vehicles Fuelling the Digital Clusters Demand
- Increasing acceptance of semi-autonomous and autonomous vehicle technology
- Use of aluminum parts to make digital instrument clusters
- Increasing demand for reconfigurable instrument clusters
- Cybersecurity Threats Hampers the Growth of the Market
Key Target AudienceDigital Instrument Clusters Manufacturers, Digital Instrument Clusters Traders/Distributors, Regulatory & Government Bodies, Industry Associations, End Users and Others
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