Digital Instrument Cluster Market for Automotive by Display Type (LCD, TFT-LCD, OLED), Display Size (5-8 inch, 9-11 inch, >12 inch), Embedded Technology (AI, Non-AI), Electric Vehicle Type, Vehicle Type (PC and CV), and Region - Global Forecast to 2025
Passenger car to be the largest segment in the digital instrument cluster market The passenger car segment is estimated to dominate the digital instrument cluster market during the forecast period. The adoption of advanced technologies continues to be high for passenger cars due to the high production and sales of passenger cars worldwide in comparison to commercial vehicles. In order to cater to the high demand for safety, convenience, and comfort in the passenger car segment, advanced features are needed to be configured in the vehicles. Advanced features such as a multi-camera system and voice recognition system need advanced instrument cluster to project real- time video over the display. Also, OEMs are increasing the adoption of digital instrument cluster in the passenger car segment as a product differentiation strategy. For instance, Volvo’s 2018 SUV model XC 40 will have a 12.3-inch TFT-LCD instrument cluster with information on car functions such as cruise control, trip calculator, and messages. Europe is estimated to be the largest digital instrument cluster market for passenger cars owing to increasing production of luxury passenger vehicles. PDF Brochure :
9-11-inch display size to be the largest segment of the Digital Instrument Cluster Market owing to the increasing demand for aesthetics and advanced features in the instrument cluster The 9-11 inch digital instrument cluster is estimated to be the largest and fastest growing market for digital instrument cluster during the forecast period. Asia Pacific is estimated to register the highest growth for the 9-11 inch digital instrument cluster market. The market for 9-11 inch display size is larger than 5-8 inch owing to the increasing integration of new features in instrument cluster, rise in demand for bigger display, increasing demand by OEMs and end-users, and demand for vehicle aesthetics. Request for Customization :
Battery electric vehicle to be the largest market in the electric vehicle digital instrument cluster market The report classifies the digital instrument cluster market by electric vehicle into BEV, FCEV, HEV, and PHEV. The digital instrument cluster market for battery electric vehicle (BEV) is estimated to be the largest market in the electric vehicle segment. Leading OEMs that are launching the BEV equipped with a digital instrument cluster in the Asia Pacific region are BYD, Nissan Geely, and Zotye. BYD E6, Nissan Note, Emgrand EC7, and Zotye Cloud 100 are some of the top-selling BEV models in the Asia Pacific region that are equipped with a digital instrument cluster. Request
TFT-LCD digital instrument cluster is estimated to be the largest digital instrument cluster market, by display type The report classifies the digital instrument cluster market by display type into LCD, OLED, and TFT-LCD. The digital instrument cluster market for TFT-LCD is estimated to be the largest market in the display type segmentation. The demand for this display type is expected to grow with the decreasing prices of TFT-LCD and high compatibility of TFT-LCD for automotive applications. The digital instrument cluster market is dominated by a few global players. Some of the key manufacturers operating in the market are Bosch (Germany), Continental (Germany), Visteon (US), Delphi (UK), Denso (Japan), NVIDIA (US), Nippon Seiki (Japan), Panasonic (Japan), Magneti Marelli (Italy), and IAC Group (Luxembourg) to name a few. Speak to
Market Ecosystem: The ecosystem of the digital instrument cluster market consists of digital instrument cluster manufacturers such as Bosch (Germany), Continental (Germany), Visteon (US), Delphi (UK), and Denso (Japan). These manufacturers supply digital instrument clusters to major OEMs in the automotive industry including Tesla (US), Audi (Germany), Toyota (Japan), and others. Buy Now:
Browse >> 76 market data tables 65 figures 166 pages and in-depth TOC "Digital Instrument Cluster Market for Automotive by Display Type (LCD, TFT-LCD, OLED), Display Size (5-8 inch, 9-11 inch, >12 inch), Embedded Technology (AI, Non-AI), Electric Vehicle Type, Vehicle Type (PC and CV), and Region - Global Forecast to 2025“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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