Scope of the Study
Electronic instrument clusters are used in the automobile, in order to ensure that driving is equally safe and comfortable, a clear presentation of the information relevant at any given point in time and in the current driving situation is indispensable, and this is the major driving factor of the global electronic instrument clusters market. The adoption of the digital instrument cluster makes it possible to present a wide variety of information to the driver, and this has led to significant growth of the market in the forecast period.
The market study is being classified by Type (Analog, Digital and Analog-Digital Hybrid), by Application (Speedometer, Odometer, Tachometer, Oil Pressure Gauge and Fuel Gauge) and major geographies with country level break-up.
Continental AG (Germany), YAZAKI Corporation (Japan), Calsonic Kansei Corporation (Japan), IAC Group (Luxembourg), NVIDIA Corporation (United States), Robert Bosch GmbH (Germany), DENSO Corporation (Japan), Aptiv PLC (Ireland), Visteon Corporation (United States) and Mouser Electronics, Inc (united States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Magneti Marelli S.p.A. (Italy), Harman International Industries, Inc. (United States), Kyocera International, Inc. (United States), MTA S.p.A. (Italy), Nippon Seiki Co., Ltd. (Japan) and Stoneridge Inc. (United States).
The Vendors having a strong hold in the market are Continental AG, YAZAKI Corporation, Calsonic Kansei Corporation, and IAC Group. Research Analyst at AMA predicts that Asian and European Vendors will contribute to the maximum growth of Global Electronic Instrument Clusters market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Electronic Instrument Clusters market by Type, Application and Region.
On the basis of geography, the market of Electronic 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing demand for vehicles and the strict government norms and regulations for vehicle and passenger safety are the major driving factor for the electronic instrument clusters market. As the increasing per capita income is expected to drive revenue growth for the global car market.
- Growing Demand for Infotainment System in the Vehicles
- Fluctuating Raw Material Prices
- Increasing Adoption of Multi-Layer Display Technology Owing to Its 3D Graphics Experience
- Technological Advancement and Development in the Electronic Instrument Clusters by Various Manufacturers
- Continuously Changing Consumer Preferences Leading to Increased Manufacturing Complexities
Market Leaders and their expansionary development strategies
On 28th March 2019, Visteon Corporation has introduced the industry’s first fully digital cluster displaying holographic objects on the all-new PEUGEOT 208. Part of PEUGEOT’s unique 3D i-Cockpit, the instrument cluster represents the first real 3D cluster in automotive production.
On 16th January 2019, Yazaki has brought an automotive industry first to market by using an optical coupling adhesive in a vehicle instrument cluster design to create a more seamless appearance and improve display content visibility and clarity for the driver.
Key Target AudienceElectronic Instrument Clusters Manufacturers, Automobile Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
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