#Digital Cluster-Infotainment for Commercial Vehicles Market Growth
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Global Automotive Smart Display Market Analysis 2024 – Estimated Market Size And Key Drivers
The Automotive Smart Display by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Automotive Smart Display Market: https://www.thebusinessresearchcompany.com/report/automotive-smart-display-global-market-report
According to The Business Research Company’s Automotive Smart Display, The automotive smart display market size has grown rapidly in recent years. It will grow from $9.84 billion in 2023 to $10.85 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to increased consumer demand for advanced infotainment systems, growth in the automotive industry with a focus on in-car connectivity, adoption of advanced driver assistance systems (adas), stringent safety regulations driving the integration of smart displays, growing demand for enhanced safety, comfort, and convenience in automobiles.
The automotive smart display market size is expected to see rapid growth in the next few years. It will grow to $15.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to rapid adoption of oled panels, rising production of passenger cars and commercial vehicles, growth of the high-end and luxury car segments, expansion of the connected car ecosystem, surge in demand for electric and autonomous vehicles . Major trends in the forecast period include development of larger and more immersive display screens, integration of voice recognition and gesture control for hands-free operation, customization of display interfaces for a personalized driving experience, collaboration between automakers and tech companies, advancements in automotive electronic modules and electronic control units.
The increasing demand for semi-autonomous and autonomous vehicles is expected to propel the growth of the automotive smart display market going forward. Semi-autonomous and autonomous self-driving vehicles can accelerate, decelerate and stop without human intervention. A smart display is used in semi-autonomous and autonomous vehicles to detect vehicles. These smart displays will show the vehicles and objects behind the vehicles, which will be useful when reversing. For instance, in 2021, according to Crunchbase, a US-based prospecting platform for dealmakers, Waymo LLC, a US-based autonomous driving technology development company, raised a total of $5.5 billion in funding for autonomous vehicles. Also, in 2020, Tesla, a US-based automotive and clean energy company, raised a total of $20.2 billion in funding. Therefore, the increasing demand for semi-autonomous and autonomous vehicles drives the growth of the automotive smart display market.
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The automotive smart display market covered in this report is segmented ���
1) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle 2) By Display Technology: LCD, TFT-LCD, OLED 3) By Autonomous Driving: Semi-Autonomous, Autonomous 4) By Application: Digital Instrument Cluster, Center Stack, Head-up Display (HUD), Rear Seat Entertainment, Other Applications
Technological advancements have emerged as the key trend gaining popularity in the automotive smart display market. Major companies operating in the automotive smart display sector are focused on developing technology such as 5G technology and wireless technology to meet consumer demand. Automotive applications can be integrated with smart display systems using 5G. For instance, In January 2021, LG Electronics, a South Korea-based company that manufactures consumer electronics and automotive smart devices, collaborated with Qualcomm Technologies, a US-based semiconductor company, for the development of the 5G in-vehicle platform. This 5g technology helps in the more effective use of car sensors and will give a better automotive smart display view. It also helps in the vehicle to vehicle (V2V) and vehicle to infrastructure (V2I) communication.
The automotive smart display market report table of contents includes:
Executive Summary
Market Characteristics
Market Trends And Strategies
Impact Of COVID-19
Market Size And Growth
Segmentation
Regional And Country Analysis . . .
Competitive Landscape And Company Profiles
Key Mergers And Acquisitions
Future Outlook and Potential Analysis
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Global Automotive Instrument Cluster Market Size, Share, Growth Analysis, By Cluster type.(analog, digital and hybrid), By Vehicle Type(passenger cars, light commercial vehicle)
Global Automotive Instrument Cluster Market Insights
Global Automotive Instrument Cluster Market size was valued at USD 2.76 billion in 2021 and is poised to grow from USD 2.98 billion in 2022 to USD 5.92 billion by 2030, growing at a CAGR of 8% in the forecast period (2023-2030).
The instrument cluster is the primary data source for the driver, providing information on the vehicle's various operational parameters. It sends vehicle data such as speed, fuel level, tachometer, and temperature, as well as data from the in-vehicle network, cameras, and multimedia. Cluster graphics platform for displaying graphics data on a display, cluster controller platform for handling AUTOSAR stack functionality, and integrated cluster platform that combines graphics controller and real-time application controller capability. The purpose of the instrument cluster is to provide the driver with the most up-to-date information while driving. Gauges are used to measure speed, distance, heat, and fuel. Indicator lights that provide warnings and updates include the check engine light and the low fuel light. Different alerts are available for various vehicles. In most cases, the gauges in the instrument cluster are circular and backlit. On the driver's side of the dashboard, directly in front of the steering wheel, you'll find the speedometer, fuel gauge, tachometer, and odometer. The speedometer displays the current speed of the vehicle. The fuel gauge displays the amount of gas remaining in your tank. The tachometer indicates how fast the crankshaft of the engine is spinning. The odometer displays the vehicle's distance travelled.
Global vehicle production and sales growth, as well as advancements in infotainment systems, drive market growth. However, price fluctuations in raw materials such as chips, ICS, and displays, as well as higher costs associated with digital instrument clusters, are impeding market growth. These constraints can be overcome by technological advancements such as the release of an automotive instrument cluster with a new and advanced screen, as well as biometric features, which are expected to present numerous market expansion opportunities.
Global Automotive Instrument Cluster Market Segmental Analysis
Global automotive instrument cluster market is segmented based on the cluster type, vehicle type and region. Based on cluster type, the Automotive Instrument Cluster Market is segmented into analog, digital and hybrid. Based on vehicle Type, the Automotive Instrument Cluster Market is segmented into passenger cars, light commercial vehicle, heavy commercial vehicle and electric vehicle. Based on Region Automotive Instrument Cluster Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Automotive Instrument Cluster Market Analysis by Cluster Type
Based on Age group, the hybrid segment is expected to dominate the digital instrument cluster market share During the forecast period. The hybrid system is a combination of digital and analogue displays that displays information such as speed, fuel economy, mileage, and temperature in both formats. The analogue system includes a speedometer and an odometer, whereas the digital display system includes an LCD screen that displays all relevant information such as temperature, distance travelled, traffic data, and other warning indicators. During the forecast period, the digital system is expected to dominate the market.
Automotive Instrument Cluster Market Analysis by Vehicle Type
Based on vehicle type, the passenger car segment is expected to dominate the market During the forecast period. The market is dominated by entry-level and mid-sized cars in the passenger car segment. Furthermore, rising urbanisation, a high population rate, an improved standard of living, and an increase in people's disposable income are driving up sales and production of passenger cars, ultimately increasing global demand for passenger cars.
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Global Digital Cluster-Infotainment for Commercial Vehicles Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
Digital Cluster-Infotainment for Commercial Vehicles is a collection of hardware and software in automobiles that provides audio or video entertainment.
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Scope of the Report:
The Digital Cluster-Infotainment for Commercial Vehicles is relatively concentrated, the high-end products mainly come from Europe and North America. Bosch, Panasonic Corporation and Harman are the top three manufacturers in the world. Bosch is the biggest player in the market, Bosch revenue was about 648 million USD in 2016.
We split the types into OEM and After Market. OEM is the biggest type, in 2016, its revenue was about 3958 million USD, and After Market revenue was about 1246 million USD.
We split the applications into Light Commercial Vehicle and Heavy Commercial Vehicle. Light Commercial Vehicle accounted for the most share. In 2016, Light Commercial Vehicle revenue was about 4389 million USD with 84.33% market share.
The worldwide market for Digital Cluster-Infotainment for Commercial Vehicles is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new Acquire Market Research study.
This report focuses on the Digital Cluster-Infotainment for Commercial Vehicles in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Bosch
Panasonic Corporation
Harman
ALPINE
Mobis
Aisin
Continental
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
OEM
After-market
Market Segment by Applications, can be divided into
Heavy Commercial Vehicle
Light Commercial Vehicle
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Digital Cluster-Infotainment for Commercial Vehicles product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Digital Cluster-Infotainment for Commercial Vehicles, with price, sales, revenue and global market share of Digital Cluster-Infotainment for Commercial Vehicles in 2017 and 2018.
Chapter 3, the Digital Cluster-Infotainment for Commercial Vehicles competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Digital Cluster-Infotainment for Commercial Vehicles breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Digital Cluster-Infotainment for Commercial Vehicles market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Digital Cluster-Infotainment for Commercial Vehicles sales channel, distributors, customers, research findings and conclusion, appendix and data source.
More Info and TOC@ https://www.acquiremarketresearch.com/industry-reports/global-digital-cluster-infotainment-for-commercial-vehicles-market-2019/220
Table of content:
1 Market Overview
2 Manufacturers Profiles
3 Global Digital Cluster-Infotainment for Commercial Vehicles Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Digital Cluster-Infotainment for Commercial Vehicles Market Analysis by Regions5 North America Digital Cluster-Infotainment for Commercial Vehicles by Country
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#Digital Cluster-Infotainment for Commercial Vehicles Market Research#Digital Cluster-Infotainment for Commercial Vehicles Market Growth
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Symptom
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Resolution
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Method 1
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Method 2
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Method 3
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Note
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Method 4
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SAN FRANCISCO, July 3, 2019 — Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open source platform for connected car technologies, announces that Wuhan Bluestar Technology has joined as a Silver member, and Candera, IDW Technologies, Reutlingen University, and T-Systems have joined AGL as Bronze members.
“We are excited to expand our growing, global community with five new members,” said Dan Cauchy, Executive Director of Automotive Grade Linux at the Linux Foundation. “We look forward to working with them as we continue to expand the AGL platform including instrument cluster, telematics and vehicle-to-cloud connectivity.”
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AGL is an open source project at the Linux Foundation that is bringing together automakers, suppliers and technology companies to accelerate the development and adoption of a fully open, shared software platform for all technology in the vehicle, from infotainment to autonomous driving. Sharing a single software platform across the industry reduces fragmentation and accelerates time-to-market by encouraging the growth of a global ecosystem of developers and application providers that can build a product once and have it work for multiple automakers.
New Member Quotes:
Candera “With CGI Studio we support TIER1s and OEMs worldwide in creating innovative GUIs like infotainment systems or digital instrument clusters while considering functional safety standards according to ISO26262. The open source approach of Linux perfectly matches with the open and continuous toolchain paradigm of CGI Studio, which can easily be integrated into existing workflows,” said Reinhard Füricht, General Manager, Candera. “We’re proud of being part of the Automotive Grade Linux and The Linux Foundation and looking forward to continuing our good cooperation as an official member.”
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IDW Technologies Drivers sis. “IDW Technologies LLC focuses on developing proof of concepts and commercial concepts in the next-generation connected vehicles and building state-of-the-art products with solution-oriented services for automotive companies to better manage and utilize connected vehicles and next-generation infotainment applications,” said George Joseph, President, IDW Technologies LLC. “We are proud to be joining AGL to not only work extensively with open source software to produce cutting-edge products, but also to improve open source software so that future companies and human generations inherit better suitable environments for their inventions.”
Reutlingen University “Reutlingen University of applied science has a very strong background on IT services and automotive solutions. Development of our own driving simulator and in-car services at the faculty of computer science has been going on for many years and we are looking forward to bringing our experiences and ideas to the AGL community,” said Prof. Marcus Schoeller of Reutlingen University. “Beyond our contributions to the AGL project, the AGL based prototype in our future mobility lab will be used for hands-on training and education of undergraduate and graduate students in various classes ranging from human machine interaction, software design and development in regulated domains as well as service provisioning and operation.”
T-Systems “As part of the Deutsche Telekom Group, our agile teams deliver innovation with a short time to market. With our expertise in end-to-end solutions, we are glad to be a part of the Automotive Grade Linux community,” said Andreas Elberg, head of ATS @ T-Systems on site services. “In particular, we are more than happy to contribute with our excellent cloud and connectivity expertise, to build the connected car of the future,” added Tim Laine, program manager, T-Systems.
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About Automotive Grade Linux (AGL) Automotive Grade Linux is a collaborative open source project that is bringing together automakers, suppliers and technology companies to accelerate the development and adoption of a fully open software stack for the connected car. With Linux at its core, AGL is developing an open platform from the ground up that can serve as the de facto industry standard to enable rapid development of new features and technologies. Although initially focused on In-Vehicle-Infotainment (IVI), AGL is the only organization planning to address all software in the vehicle, including instrument cluster, heads up display, telematics, advanced driver assistance systems (ADAS) and autonomous driving. The AGL platform is available to all, and anyone can participate in its development. Automotive Grade Linux is hosted at the Linux Foundation. Learn more at automotivelinux.org.
Media Inquiries Emily Olin Automotive Grade Linux, the Linux Foundation [email protected]
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North America Automotive Operating System (OS) Market Revenue to Surpass USD 3 Billion by 2026
According to a recent study from market research firm Graphical Research, the North America automotive operating system (OS) market size is poised to expand at substantial CAGR during the forecast period. Expanding footprint of autonomous vehicles and safety infrastructure is poised to propel the automotive operating system market share in North America. An upsurge in vehicle production, V2V and V2I development, trend for connected cars and growth in in-vehicle electronic architecture will muster up the confidence of stakeholders.
Automotive operative systems have become the go-to-trend with rising traction to collate information, including fuel consumption from vehicles, driving hours and improved infotainment. North America automotive operating system market size is forecast to surpass USD 3 billion by 2026.
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Passenger vehicles have exhibited the trend for infotainment, Advanced Driver Assistance Systems (ADAS) and telematics systems. For instance, Ford Commercial Services teamed up with Donlen Corporation and introduced its DriverPoint Telematics solutions across Ford’s vehicles manufactured from 2020. The passenger vehicle segment is forecast to observe more than 3/4th of market share by 2026 at a double-digit CAGR of more than 10%. The trend for connective devices and telematics is likely to fuel the product adoption.
Footprint of the Android system in the U.S. and Canada will expand notably with enterprise-wide focus on Android compatibility architecture and android smartphones. Well-established players are introducing advanced operating system in the region. General Motors, for instance, announced its plan to use embedded Android OS from of Google in all its vehicles beginning 2021.
Google LLC revealed the latest iteration of its Android automotive operating system in August 2020. It is claimed to underpin multiple OEMs and application developers. The North America automotive operating system market from the Android segment is likely to expand at a strong CAGR of more than 20% through 2026.
End-users are poised to exhibit traction for the Linux operating system as automotive OEMs vie to cash in on the open-source platform. Automotive Grade Linux, for instance, has become highly sought-after for automotive applications, including connected technologies, ADAS, infotainment and instrument cluster. The Linux operating system segment is likely to grow at a notable pace through 2026, attributed to the trend for Automotive Grade Linux.
The U.S. is slated to be a happy hunting ground in the wake of rising trend for autonomous mobility infrastructure and vehicle telematics. Specifically, GSA Fleet joined hands with Geotab, Inc., in March 2020 to deploy telematics systems across a fleet exceeding 217,000.
The transport authorities in the U.S. are teaming up with automotive companies for C-V2X infrastructure development. Further, expansion of autonomous vehicles has fared well for the stakeholders. Illustratively, Cruise kicked off the test drive of its level-4 driverless cars in San Francisco. Automotive operating system market in the U.S. is likely to grow at a pronounced rate by 2026.
Prominent companies are likely to infuse funds in innovations and product development. Blackberry, for example, inked a deal with ARCFOX αT in October 2020 for the development of advanced digital cockpit systems. Meanwhile in June, MONTVISTA SOFTWARE, LLC rolled out a new solution—Grade eXpress (CGX) 3.1—with Linux hard real-time support and advanced security.
The COVID-19 impact is likely to be felt in the North America automotive operating system industry outlook. With the shut down of several automotive plants, demand for OS remained stagnant in Q1 and Q2 2020. However, potential vaccine rollouts and ease of global trade have instilled confidence among the industry participants.
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Some of the leading companies in the market are Ford Motor Company, Alphabet Inc. (Google LLC), Blackberry Limited (QNX Software Systems Ltd.), General Motors Group, Microsoft Corporation and Green Hills Software, among several others.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Research methodology
1.2 List of data sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Market Snapshot
2.1 North America Automotive Operating System Market snapshot
Chapter 3 North America Automotive Operating System Industry Insights
3.1 Industry coverage
3.2 Industry size, 2015 – 2026
3.3 Impact of COVID-19 pandemic
3.4 Value chain analysis
3.4.1 Company product snapshot
3.5 Innovation landscape
3.6 Regulatory norms & directives
3.7 Drivers & restraints
3.7.1 Market drivers
3.7.2 Market restraints
3.8 Industry analysis - Porter's
3.9 Competitive benchmarking, 2019
3.9.1 Strategy dashboard
3.10 PEST analysis
Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1679/north-america-automotive-operating-system-os-market
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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#North America Automotive Operating System (OS) Market Analysis#North America Automotive Operating System (OS) Market by Type#North America Automotive Operating System (OS) Market Share#North America Automotive Operating System (OS) Market Development
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Automotive Digital Cockpit Market To Grow With Increased Demand For Technology-Driven Transportation
Automotive Digital Cockpit Market – Overview
The need for reliable information while driving vehicles is a key aspect that is motivating the automotive digital cockpit market. The insights into the industry of automobiles are advanced by Market Research Future, which concentrates on reports on industry verticals that review the market options for growth. The digital cockpit market is on track to gain a 9.5 % CAGR in the course of the forecast period.
The rise in automotive OEMs is leading to the improving integration of digital cockpits with safety systems in many automobile types. Also, the increased popularity of automotive infotainment systems is anticipated to create a favorable space for the expansion of the automotive digital cockpit market in the coming period.
Segmental Analysis
The segmental assessment of the automotive digital cockpit market is conducted on the basis of vehicle type, equipment, region, and propulsion. Based on the equipment, the automotive digital cockpit market has been segmented into digital instrument cluster display type, advanced head unit, camera-based driver monitoring system, and head-up display (HUD). Based on the vehicle type, the automotive digital cockpit market has been segmented into light commercial vehicles, passenger cars, and heavy commercial vehicles. Based on the propulsion, the automotive digital cockpit market has been segmented into battery electric vehicle (BEV), internal combustion engine (ICE), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV). Based on the regions, the automotive digital cockpit market is segmented into Europe, North America, Asia Pacific, and other global regions.
Detailed Regional Analysis
The assessment of the regions in the automotive digital cockpit market has been segmented into Europe, North America, Asia Pacific, and other global regions. The European region is appraised to hold the well-known market share through the forecast period due to the incidence of main automotive OEMs and tier-1 dealers. The OEMs are continually employed on increasing the normal automotive cockpit. On the other hand, the Asia Pacific region is projected to observe considerable development in the global market for automotive digital cockpit, as the consumer demand for progressive user experience in the mid-priced and economy division passenger cars is continually escalating.
Competitive Analysis
The upturn in the performance of domestic markets is expected to have a favorable impression on the growth of the market. The ability to successfully satisfy the demand forces will require the industry to excel in several areas. the variation of the workforce can enable the successful implementation of growth strategies in the market. The need to keep the market practices in sync with the environmental concerns that are looming is expected to promote the overall sustainability of the market. It is also noted that the cooperation by the governments around the world in terms of relaxation of several barriers and the institution of constructive strategies is expected to put the market on a track for unparalleled development. The limitations in the market are constantly being studied so that breakthroughs to remove them can be undertaken.
The renowned contenders in the automotive digital cockpit market are Continental (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Faurecia (France), Aptiv (Ireland), HARMAN International (US), Panasonic Corporation (Japan), Nippon Seiki Co., Ltd (Japan), Pioneer Corporation (Japan), and Visteon Corporation (US).
Industry Updates:
Jan 2020 Samsung Electronics has recently unveiled it's Digital Cockpit 2020, which makes use of 5G to link elements inside and outside the vehicle and offer a connected experience for motorists and travelers. The solution permits a unified two-way connection between the office, the home, and all the other spaces that customers may visit while offering a tailored experience and in-car infotainment.
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Automotive Instrument Cluster Market: Increasing Demand, Current Growth Rate, Future Outlook and Forecast to 2027
Automotive instrument clusters are primarily data source for driver, which displays crucial information about the status of the vehicle. An automotive instrument cluster comprises the speedometer, fuel gauge, illumination & warning indicators, pointers, screen, sensors, and electronic control unit (ECU). As of now, instrument clusters are coming up with 2D and 3D graphics to display more complex data in a better way. Moreover, in the early stage of automotive industry, mechanical or analog instrument cluster were used; however, due to ongoing innovation in automotive industry nowadays, hybrid and digital cluster have greater penetration.
Growth in automotive industry in China, Germany, the U.S., and Japan, and rise in demand of high end passenger cars drives the automotive instrument cluster market. In addition, rise in production & sales of vehicles globally and increase in infotainment system boost the market growth. However, fluctuation in raw material cost, such as chips, ICs, and display, and higher cost associated with digital instrument cluster hinder the market growth. These limitations can be overcome by technological advancements, such as launch of automotive instrument cluster with new & advance screen, and biometric features which is expected to present numerous opportunities for market expansion. In addition, rise in demand for luxury vehicles, particularly in North America and Europe, is expected to provide opportunities for manufacturers.
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The automotive instrument cluster market is segmented based on type, vehicle type, and geography. By type, it is divided into analog, digital, and hybrid instrument clusters. Based on vehicle type, it is categorized into two-wheelers, passenger cars, and commercial vehicles. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Prominent vendors operating in the automotive instrument cluster market are Continental AG, Robert Bosch GmbH, Denso, Visteon Corporation, Alpine electronics, Inc., Delphi Automotive LLP, Innolux Corporation, Japan display Inc., Luxoft., and Mitsubishi Electric
Key Benefits
The report includes an extensive analysis of the factors that drive and restrain the global automotive cluster market.
Factors affecting market growth and projections from 2017 to 2023 are included.
The report also provides quantitative and qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
An in-depth analysis of key segments demonstrates stakeholders with different types of automotive instrument clusters and different vehicle types.
Competitive intelligence highlights the business practices followed by leading market players across various geographies.
Automotive Instrument Cluster Market Key Segments
By Type
Analog
Digital
Hybrid
By Vehicle Type
Two-wheelers
Commercial Vehicles
Passenger Cars
By Geography
North America
Asia-Pacific
Europe
LAMEA
U.S.
Canada
Mexico
China
Japan
India
Australia
Rest of Asia-Pacific
UK
Germany
France
Italy
Rest of Europe
Latin America
Middle East
Africa
Key Players
Continental AG
Robert Bosch GmbH
Denso
Visteon Corporation
Alpine electronics, Inc.
Delphi Automotive LLP
Innolux Corporation
Japan display Inc.
Luxoft.
Mitsubishi Electric
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#Automotive Instrument Cluster Market#Automotive Instrument Cluster Market share#Automotive Instrument Cluster Market size#Automotive Instrument Cluster Market demand#Automotive Instrument Cluster Market growth
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Automotive Keyless Entry Access Systems Market 2018 Industry Demand, Share, Global Trend, Industry News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2023 | 360 Market Updates
Automotive Keyless Entry Access Systems Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Automotive Keyless Entry Access Systems market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Automotive Keyless Entry Access Systems Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Automotive Keyless Entry Access Systems Market are –
Alps Electric Co.Ltd Atmel CorporationCalsonic Kansei CorporationContinental Automotive GmbHDelphi AutomotiveDenso CorporationEyeLock CorporationHELLA KGAA Hueck & Co.Hyundai Mobis Co.LtdMarquardt Switches Inc.Mitsubishi Electric CorporationOmron Automotive Electronics Co. Ltd Panasonic CorporationTRW Automotive Holdings Corp
The global automotive keyless entry access systems market is expected to grow at a fast rate. A keyless vehicle access control system is an entirely automated system containing an electronic locking feature, which secures access to the vehicle electronically and substitutes the conventional mechanical key. The growing demand for connected cars and the integration of smartphones will encourage vendors to launch advanced and integrated electronic systems in the market. Additionally, the increasing regulatory policies that focus on vehicle safety is also driving the market growth. The implementation of vehicle security systems in developed countries (such as the United States and Western Europe) and the emerging countries (such as China and India) is expected to boost the demand for these systems in the market. The implementation of telematics, keyless entry systems, digital clusters, and high-end infotainment systems is gaining immense traction in the global automotive market. Market Dynamics for Keyless Entry Access System Automotive Keyless Entry Access Systems Market The growing demand for entry and go keyless systems is fueling the growth of the automotive keyless entry system market. The growing focus on increasing the functionality of these systems by integrating it into other vehicle components is expected to initiate the launch of new product portfolios in the market. The evolution of automotive electronics enabled vendors to design the modern ignition system and change it into a push button. This system is combined with an ignition system, which receives signals from the key fob to activate the ignition. Such high-end systems will transform the automotive industry over the forecast period. Geographical Analysis - Automotive Keyless Entry Access Systems Market Developing regions like Asia and Latin America are expected to witness a higher penetration rate in the commercial as well as passenger vehicle market. The Asia Pacific region is expected to see a significant growth over the forecast period regarding revenue due to growing automotive production and demand. In the coming years, BRIC nations, specifically India and China, are expected to see the highest growth rate, whereas developed countries are expected to witness a sluggish growth. However, North America is one of the major markets for keyless vehicle access control systems, but over the forecast period, it is expected to witness stagnancy in automotive production as well as demand.
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Scope of the Report:
The report analyses Automotive Keyless Entry Access Systems market, which includes –
Analysis of the growth of Automotive Keyless Entry Access Systems market in global and regional level including Asia-Pacific, Americas, and EMEA.
The report provides Automotive Keyless Entry Access Systems market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
The report offers country level Automotive Keyless Entry Access Systems market volume and value by end-user segment for the period 2012-2023.
Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Automotive Keyless Entry Access Systems market are discussed.
The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Automotive Keyless Entry Access Systems Market Report:
Varying dynamics of the Automotive Keyless Entry Access Systems industry.
Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
Automotive Keyless Entry Access Systems market report recognizes the key drivers of growth and challenges of the key industry players.
Competitors profiles along with product description, overview, and business data.
A complete analysis of market risks, opportunities, limitations, and growth of the market.
Market driving and restraining factors.
Delivers information on the historical and current market size and the future potential of the market.
Automotive Keyless Entry Access Systems market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Automotive Keyless Entry Access Systems Market Report:
The report analyses how stringent emission control norms will drive the global Automotive Keyless Entry Access Systems market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
Study on the product type that is expected to dominate the market.
Study on the regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares and strategies employed by the major Automotive Keyless Entry Access Systems market players.
3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Automotive Keyless Entry Access Systems:
History Year: 2013-2017 Base Year: 2017 Estimated Year: 2018 Forecast Year 2018 to 2023
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Automotive Digital Cockpit Market: Overview of key Market Forces Propelling and Restraining Market Growth
The digital cockpit provides solutions that include a cluster of digital instrument along with the infotainment system with one or two digital screens. The digital cockpit consist of three or more displays and knobs, and it is installed in vehicles according to passenger and driver requirements. The digital cockpit includes HMI applications, infotainment platforms, and wireless connectivity in the vehicle, which enhance the driving experience.
Increasing number of connected cars across the globe is anticipated to drive the automotive digital cockpit market during the forecast period. Modern vehicles contain a high number of electronic components. Furthermore, adoption of telematics, IOT, along with increasing use of navigation, information, and safety and remote diagnostics in connected vehicles is likely to propel the automotive digital cockpit market during the forecast period. Furthermore, rising demand for intelligent transportation system along with effective utilization of advanced technologies are creating safer connected vehicles, which is likely to propel the connected vehicle market and subsequently, the automotive digital cockpit market during the forecast period. Rising electric vehicle sales is likely to create a more positive environment for the automotive digital cockpit market during the forecast period.
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The automotive digital cockpit market can be segmented based on equipment, vehicle type, electric vehicle, and region. Based on equipment, the automotive digital cockpit market can be segregated into advance head unit, head up display, camera based system, and others. The camera based system segment is likely to expand significantly during the forecast period, as human machine interface integration is increasing in vehicles coupled with increasing demand for driver monitoring system in order to enhance safety.
Based on electric vehicle, the automotive digital cockpit market can be classified into battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle. Increasing demand for vehicles with minimum carbon emission along with stringent carbon emission norms and significant development in the field of fuel cell technology are anticipated to drive the electric vehicle market during the forecast period. Need for zero-emission transport facilities and reduction in carbon emission standards are likely to create positive environment for electric vehicle market.
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In terms of vehicle type, the automotive digital cockpit market can be divided into passenger vehicle and commercial vehicle. The passenger vehicle segment is likely to hold a major share of the automotive digital cockpit market. Rate of adoption of latest technology in passenger vehicles is high, owing to the demand for premium and sports utility vehicles. High demand for premium sedans and SUVs is likely to boost the passenger vehicle segment.
Based on region, the automotive digital cockpit market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Stringent safety norms and high rate of adoption of latest technologies related to driver safety in Europe and North America are likely to fuel the adoption of digital cockpit system during the forecast period. However, Asia Pacific is likely to arise as a prominent market, owing to increasing awareness about safety among consumers and auto manufacturers.
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Automotive Keyless Entry Access Systems Market, Trends & Analysis – Forecasts To 2025
Automotive Keyless Entry Access Systems Market Insights
The automotive keyless entry access systems market is expected to grow at a high CAGR during the forecast period. Technically, it is an entirely automated system which contains an electronic locking and access feature. This feature helps in securing unwanted or unknown access to the vehicle electronically and also substitutes the mechanical key. The system works on a series of low frequency transmitting antennas both outside and inside the vehicle. The external antenna is generally attached on the door handles, which is triggered either by touching the handle or by pulling the handle. In the process low-frequency signals are transferred from the antennas to the key, thereby providing access to its owner.
The growing market of automotive keyless access system can be attributed to various factors one of them being, increased market demand for an automobile with automotive access system technology. It performs the function of a conventional mechanized car key without physical contact, within the radius of few miles. Nowadays, it is generally used in almost all automobiles for providing convenience to the driver and for high-security purpose. Positive sales position and fiscal backdrop around the globe increased the demand of the system. The market for the global automobile industry is expected to grow at a high rate, thereby boosting the market for automotive keyless access entry system. Growing high-income levels and discretionary income levels coupled with increased investment in the luxury cars are driving the market demand for automotive keyless entry access system.
Some restraints which are hindering the growth of the market are the high cost of the feature, which generally depends upon the feature, brand, and model of the vehicle. Different car brand charges a different price to enable the feature.
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Automotive Keyless Entry Access Systems Market: By product
The automotive keyless entry access systems market can be segmented based on the product into a passive keyless entry system (PKES) and remote keyless entry system (RKES). The passive keyless entry system is expected to register high CAGR during the forecast period. The factors behind such growth could be luxury and convenience to the consumers around the globe. PKES are anticipated to provide cost-effective solutions to the suppliers and as well as to automakers with advancements in technologies in door latch systems. Another factor boosting the market of PKES can be owed to its feature of enhanced convenience to the driver as they support easy entry and exit of the car.
Both passive keyless entry system and remote keyless entry system works on the low frequency which is transmitted from the antenna to the device or in simple terms radio frequency identification principle.
Automotive Keyless Entry Access Systems Market: By Vehicle type
The automated keyless entry access system market can be segmented based on the vehicle type into light-duty vehicle keyless entry system, medium and heavy-duty vehicle keyless entry system, passenger car keyless entry system. There are various uses of automated keyless entry system in these vehicles such convenience to the drivers by supporting easy entry and exit from the vehicle reduces the threat associated with stealing of vehicle thereby providing car security, provides vehicle temperature information, helps in monitoring tire pressure, and others.
The passenger car keyless entry system is expected to register the highest growth over the forecast period. The factors behind such growth could be the growing demand of luxury car due to growing high-income levels and discretionary income levels across the globe. The rise in disposable income, population growth, technological advancements, status and prestige highly influences the growing demand for luxury cars, which in turn increases the market growth for passenger car keyless entry system.
Automotive Keyless Entry Access Systems Market: By End User
Based on the end user segment the automotive keyless entry access systems market can be divided into Aftermarket, Original Equipment Manufacturer (OEMs). Presently the automobile industry holds the largest market share in terms of volume and value. The reason behind such growth is the increased demand for automobiles across the globe. In the automobile industry, automotive keyless entry system is used in door handles to provide access to vehicle owner without coming into direct physical contact with the car.
Implementation of keyless entry system, telematics, high-end infotainment systems, and digital clusters are some of the reason behind this increased demand in of automotive keyless entry access systems amongst the end users. Automotive Keyless Entry Access Systems Market: Regional Insights
Emerging and developing economies such as Asia, Latin America, and Europe are expected to witness a high penetration rate in the passenger as well as commercial vehicle market. The Asia Pacific is expected to deliver significant growth in revenue during the forecast period. Factors behind such growth are increasing demand for auto motives in countries such as China, India, and Japan.
Currently, North America is one of the largest markets for the automotive keyless access control system, but it is expected that during the forecast past the market is going to witness stagnant growth in automotive demand as well as production. The remote keyless entry system is having a higher penetration rate in the North American market owing to increased demand for luxury car across the region.
Automotive Keyless Entry Access Systems Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase automotive keyless access control system over the coming years. Some companies which are currently using the system and are likely to use in the future are Acura, Audi, BMW, Cadillac, Ashton Martin, and others.
Automotive Keyless Entry Access Systems Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Automotive Keyless Entry Access Systems Market: Share & Competitor Analysis
Some of the key players operating in the automotive keyless access control system markets are TRW Automotive Holdings Corporation, Lear Corporation, Alps Automotive Inc., Calsonic Kansai Corporation, Mitsubishi Electric Group, Delphi Automotive LLP, Atmel Corporation, Omron Automotive Electronics Company, Valeo S.A., Continental Automotive GmbH, Denso Corporation and Marquardt Switches Inc.
In April 2013 TRW Automotive Holdings Corporation announced its first launch of integrated remote keyless entry system and direct tire pressure monitoring system in a partnership with Japanese vehicle manufacturer.
In May 2015, the company ZF Friedrichshafen has announced its successful acquisition of TRW Automotive Holdings Corporation under which they have completed the transaction of USD 12,400 million. The company now operates under the name ZF Friedrichshafen AG.
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Automotive Digital Instrument Cluster Industry Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023
Market Highlights
The global Automotive Digital Instrument Cluster Industry is projected to witness a notable growth at a remarkable 20% CAGR over the assessment period (2017-2023). The digital instrument cluster offers basic information namely warnings, telltales, fuel level, temperature, mileage covered and speed. Besides, it also comprises of additional information systems namely driver assistance system, navigation, internet, on board computer and radio. Above all, it offers comprehensible and easy information, thus making the driving experience better.
There are plentiful factors that is boosting the growth of the Automotive Digital Instrument Cluster Industry. These factors as per the Market Research Future (MRFR) report include growing need for electric vehicles, growing demand for luxury cars, recent trend of instrument cluster in premium cars that are fully reconfigurable, growing need by OEMs for advanced cluster technology, easily readable display, rising disposable income and innovative features equipped in the instrument. On the contrary, soaring price of the cluster, scarcity in the availability of skilled mechanists that can operate the advanced technologies used in the clusters and high installation cost are factors that may deter Automotive Digital Instrument Cluster Industry growth.
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Market Segmentation
MRFR report provides an extensive segmental analysis of the Automotive Digital Instrument Cluster Industryon the basis of vehicle type, fuel, display size, and display type.
Based on vehicle type, it is segmented into passenger vehicle and commercial vehicle.
Based on display size, the Automotive Digital Instrument Cluster Industry is segmented into greater than 12-inch, 9-11 inch and 5-8 inch. Of these, 9-11 inch will have the maximum share in the market over the assessment period due to the optimum size and low production cost.
Based on display type, it is segmented into TFT-LCD, OLED and LCD. Of these, TFT-LCD will dominate the market over the assessment period due to comparatively low production cost and superior display clarity.
Based on fuel, the Automotive Digital Instrument Cluster Industry is segmented into HEV, BEV, PHEV, petrol and diesel. Of these, BEV will lead the market over the assessment period.
Regional Analysis
By region, the Automotive Digital Instrument Cluster Industrycovers growth opportunities and latest trends across Rest of the World, Asia Pacific, North America and Europe. Of these, North America will have maximum share in the market over the assessment period. Owing to the mediocre public transport, people prefer to travel in personal cars over public transport. Digital instrument clusters provide greater control and better visibility of every possible vehicle parameter thereby making it a good and comfortable experience during long distance journeys. In the APAC region, the automotive market always had a strong global presence due to the contribution made by Japan. The technologically advanced Japanese cars are made with the support of digital instrument clusters that is triggering the demand of the market in this region.
Key Players
Leading players profiled in the Automotive Digital Instrument Cluster Industry include Delphi Technologies (U.K.), Visteon Corporation (U.S.), Sharp Corporation (Japan), Magneti Marelli S.p.A. (Italy), Alpine Electronics Inc. (Japan), Alpine Electronics Inc. (Japan), Luxoft (Switzerland), Robert Bosch GmbH (Germany), Nippon Seiki Company Ltd. (Japan), ID4Motion (Netherlands), Nippon Seiki (Japan), Yazaki Corporation (Japan), IAC Group (Luxembourg), Panasonic (Japan), Denso Corporation (Japan), Nvidia Corporation (U.S.), Continental AG (Germany), Mitsubishi Electric Corporation (Japan), and others.
April 2019- Elektrobit (EB), leading supplier of connected software products is coming up with a development platform exclusively for infotainment devices and digital instrument clusters in Volkswagen’s latest series of electric vehicles. The Elektrobit guide toolchain will help developers at Volkswagen in promptly and easily designing complex HMIs (human machine interfaces). Its 2D and 3D features will cater to all the visual and technological needs that Volkswagen IVI as well as cluster user interfaces possess. Plug-ins will integrate seamlessly with the internationalization and skinning process of Volkswagen. The HMI toolchain of Elektrobit is ideal for multi-user editing along with HMI integration in their huge team of developers. The HMI Development in Volkswagen takes on big expectations and requirements at each stage. The EB guide’s substantial contribution will help the company in meeting the same continuously.
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Automotive Digital Cockpit Market To Grow With Increased Demand For Technology-Driven Transportation
Automotive Digital Cockpit Market – Overview
The need for reliable information while driving vehicles is a key aspect that is motivating the automotive digital cockpit market. The insights into the industry of automobiles are advanced by Market Research Future, which concentrates on reports on industry verticals that review the market options for growth. The digital cockpit market is on track to gain a 9.5 % CAGR in the course of the forecast period.
The rise in automotive OEMs is leading to the improving integration of digital cockpits with safety systems in many automobile types. Also, the increased popularity of automotive infotainment systems is anticipated to create a favorable space for the expansion of the automotive digital cockpit market in the coming period.
Segmental Analysis
The segmental assessment of the automotive digital cockpit market is conducted on the basis of vehicle type, equipment, region, and propulsion. Based on the equipment, the automotive digital cockpit market has been segmented into digital instrument cluster display type, advanced head unit, camera-based driver monitoring system, and head-up display (HUD). Based on the vehicle type, the automotive digital cockpit market has been segmented into light commercial vehicles, passenger cars, and heavy commercial vehicles. Based on the propulsion, the automotive digital cockpit market has been segmented into battery electric vehicle (BEV), internal combustion engine (ICE), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV). Based on the regions, the automotive digital cockpit market is segmented into Europe, North America, Asia Pacific, and other global regions.
Detailed Regional Analysis
The assessment of the regions in the automotive digital cockpit market has been segmented into Europe, North America, Asia Pacific, and other global regions. The European region is appraised to hold the well-known market share through the forecast period due to the incidence of main automotive OEMs and tier-1 dealers. The OEMs are continually employed on increasing the normal automotive cockpit. On the other hand, the Asia Pacific region is projected to observe considerable development in the global market for automotive digital cockpit, as the consumer demand for progressive user experience in the mid-priced and economy division passenger cars is continually escalating.
Competitive Analysis
The upturn in the performance of domestic markets is expected to have a favorable impression on the growth of the market. The ability to successfully satisfy the demand forces will require the industry to excel in several areas. the variation of the workforce can enable the successful implementation of growth strategies in the market. The need to keep the market practices in sync with the environmental concerns that are looming is expected to promote the overall sustainability of the market. It is also noted that the cooperation by the governments around the world in terms of relaxation of several barriers and the institution of constructive strategies is expected to put the market on a track for unparalleled development. The limitations in the market are constantly being studied so that breakthroughs to remove them can be undertaken.
The renowned contenders in the automotive digital cockpit market are Continental (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Faurecia (France), Aptiv (Ireland), HARMAN International (US), Panasonic Corporation (Japan), Nippon Seiki Co., Ltd (Japan), Pioneer Corporation (Japan), and Visteon Corporation (US).
Industry Updates:
Jan 2020 Samsung Electronics has recently unveiled it's Digital Cockpit 2020, which makes use of 5G to link elements inside and outside the vehicle and offer a connected experience for motorists and travelers. The solution permits a unified two-way connection between the office, the home, and all the other spaces that customers may visit while offering a tailored experience and in-car infotainment.
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Automotive Instrument Cluster Market Will Reflect Significant Growth Prospects during 2017-2025
Introduction:
Automotive instrument cluster are devices that display critical information regarding the condition of a vehicle. This includes but not limited to fuel indication, oil indication, various warning limit indicators, speed, and mileage among others. These instrument clusters are factory-fitted in the vehicle during manufacturing and the demand tends to grow directly in co-relation with the growth in the automotive industry. Infotainment is the new buzzword associated with the automotive market, wherein the functionalities of both in-car entertainment and information pertaining to the status of the vehicle are amalgamated and displayed via a common display. This has led to increased digitization of automotive instrument cluster and this factor coupled with increased wireless capabilities is anticipated to boost the market in the forecast period.
Global automotive instrument cluster Market: Market dynamics
Drivers:
With the advent of electronics in automotive, the vehicle dashboard now is not just a dashboard, each and every operation in a vehicle is sensed and displayed in analog or digital form with the use of actuators thus providing immediate and real time information about the condition of the vehicle to its users. Reason for raising demand of automotive instrument cluster is the continual technological advancement in the automotive technologies. Growing trend of digitalized and hybrid cluster also play a prominent part in boosting up demand of automotive instrument cluster market. Luxurious car makers such as Aston Martin, Audi, Buick Limited, Ferrari and others have launched vehicles with digitalized cluster, now these clusters are an integral part of luxury vehicles. With the advent of fully digital displays, dashboards has reached a new level by being able to take into account the driving situation and by enhancing the user experience. These factors hike the demand for automotive instrument cluster.
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From a macro-economic perspective the changing consumer lifestyle further supplemented by rising income levels in prominent regions is anticipated to drive demand for vehicles with advanced safety and infotainment features. Thus the market is foreseen to witness moderate growth in demand.
Some of restraints associated with the automotive instrument cluster market is high cost of the product owing to the shift of analog to digital consoles witnessed in the market. High cost associated with the internal components such as integrated circuits, power systems and among others contribute heavily to its cost thereby restraining the market to its fullest potential. The challenges associated with the automotive instrument cluster market also includes the threat of cyber-attacks from external sources which can cause loss of control of the vehicle due to digitization of such systems
Global automotive instrument cluster Market: Segmentation:
Automotive instrument cluster can be segmented on the basis of product type, vehicle type and sales channel
On the basis of product type automotive instrument cluster can be segmented as:
Analog
Digital
Analog-Digital Hybrid
On the basis of vehicle type automotive instrument cluster can be segmented as:
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Special Purpose Vehicles
On the basis of sales channel automotive instrument cluster can be segmented as:
Original Equipment Manufacturers (OEM)
Aftermarket
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Global automotive instrument cluster Market: Regional outlook:
From the perspective of the North American region, the U.S. is anticipated to show a healthy growth in the automotive instrument cluster market, owing to its foothold in the automotive industry with large number of automobile manufacturers having their base in the country. The same holds true for the European region as well, exhibiting high potential in the automotive instrument cluster market due to flourishing automobile sales and a renewed interest in electric vehicles. China and India are anticipated to spearhead the growth of the market in the Asia Pacific region as these two economies are the major manufacturing zones in the automotive industry. Japan is also expected to show high potential for the market due to presence of large number of OEMs in the country. The aftermarket segment of the automotive instrument cluster market is anticipated to overshadow the OEM segment in the Middle East and Africa regions due to increased interest in vehicle customization among the consumers. The market in the Latin America region is exhibited to show a slow but steady growth due to decline in automotive industry in the region; Brazil, but is anticipated to pick up steam in the later stages of the forecast period.
Global automotive instrument cluster Market: Key market participants:
Some prominent market participants of automotive instrument cluster market are
Continental AG
YAZAKI Corporation
Calsonic Kansei Corporation
IAC Group
NVIDIA Corporation
Robert Bosch GmbH
DENSO Corporation
Delphi Automotive LLP
Visteon Corporation
Magneti Marelli S.p.A.
HARMAN International
Kyocera International, Inc.
MTA S.p.A.
Nippon Seiki Co., Ltd.
Stoneridge Inc.
Pricol Ltd.
Simco, Ltd.
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Global Automotive Instrument Cluster Market to Witness Rapid Development During the Period 2017 – 2025
Introduction:
Automotive instrument cluster are devices that display critical information regarding the condition of a vehicle. This includes but not limited to fuel indication, oil indication, various warning limit indicators, speed, and mileage among others. These instrument clusters are factory-fitted in the vehicle during manufacturing and the demand tends to grow directly in co-relation with the growth in the automotive industry. Infotainment is the new buzzword associated with the automotive market, wherein the functionalities of both in-car entertainment and information pertaining to the status of the vehicle are amalgamated and displayed via a common display. This has led to increased digitization of automotive instrument cluster and this factor coupled with increased wireless capabilities is anticipated to boost the market in the forecast period.
Global automotive instrument cluster Market: Market dynamics
Drivers:
With the advent of electronics in automotive, the vehicle dashboard now is not just a dashboard, each and every operation in a vehicle is sensed and displayed in analog or digital form with the use of actuators thus providing immediate and real time information about the condition of the vehicle to its users. Reason for raising demand of automotive instrument cluster is the continual technological advancement in the automotive technologies. Growing trend of digitalized and hybrid cluster also play a prominent part in boosting up demand of automotive instrument cluster market. Luxurious car makers such as Aston Martin, Audi, Buick Limited, Ferrari and others have launched vehicles with digitalized cluster, now these clusters are an integral part of luxury vehicles. With the advent of fully digital displays, dashboards has reached a new level by being able to take into account the driving situation and by enhancing the user experience. These factors hike the demand for automotive instrument cluster.
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From a macro-economic perspective the changing consumer lifestyle further supplemented by rising income levels in prominent regions is anticipated to drive demand for vehicles with advanced safety and infotainment features. Thus the market is foreseen to witness moderate growth in demand.
Some of restraints associated with the automotive instrument cluster market is high cost of the product owing to the shift of analog to digital consoles witnessed in the market. High cost associated with the internal components such as integrated circuits, power systems and among others contribute heavily to its cost thereby restraining the market to its fullest potential. The challenges associated with the automotive instrument cluster market also includes the threat of cyber-attacks from external sources which can cause loss of control of the vehicle due to digitization of such systems
Global automotive instrument cluster Market: Segmentation:
Automotive instrument cluster can be segmented on the basis of product type, vehicle type and sales channel
On the basis of product type automotive instrument cluster can be segmented as:
Analog
Digital
Analog-Digital Hybrid
On the basis of vehicle type automotive instrument cluster can be segmented as:
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Special Purpose Vehicles
On the basis of sales channel automotive instrument cluster can be segmented as:
Original Equipment Manufacturers (OEM)
Aftermarket
Global automotive instrument cluster Market: Regional outlook:
From the perspective of the North American region, the U.S. is anticipated to show a healthy growth in the automotive instrument cluster market, owing to its foothold in the automotive industry with large number of automobile manufacturers having their base in the country. The same holds true for the European region as well, exhibiting high potential in the automotive instrument cluster market due to flourishing automobile sales and a renewed interest in electric vehicles. China and India are anticipated to spearhead the growth of the market in the Asia Pacific region as these two economies are the major manufacturing zones in the automotive industry. Japan is also expected to show high potential for the market due to presence of large number of OEMs in the country. The aftermarket segment of the automotive instrument cluster market is anticipated to overshadow the OEM segment in the Middle East and Africa regions due to increased interest in vehicle customization among the consumers. The market in the Latin America region is exhibited to show a slow but steady growth due to decline in automotive industry in the region; Brazil, but is anticipated to pick up steam in the later stages of the forecast period.
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Global automotive instrument cluster Market: Key market participants:
Some prominent market participants of automotive instrument cluster market are
Continental AG
YAZAKI Corporation
Calsonic Kansei Corporation
IAC Group
NVIDIA Corporation
Robert Bosch GmbH
DENSO Corporation
Delphi Automotive LLP
Visteon Corporation
Magneti Marelli S.p.A.
HARMAN International
Kyocera International, Inc.
MTA S.p.A.
Nippon Seiki Co., Ltd.
Stoneridge Inc.
Pricol Ltd.
Simco, Ltd.
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Automotive Digital Instrument Cluster Sales Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023
Market Highlights
The global Automotive Digital Instrument Cluster Sales is projected to witness a notable growth at a remarkable 20% CAGR over the assessment period (2017-2023). The digital instrument cluster offers basic information namely warnings, telltales, fuel level, temperature, mileage covered and speed. Besides, it also comprises of additional information systems namely driver assistance system, navigation, internet, on board computer and radio. Above all, it offers comprehensible and easy information, thus making the driving experience better.
There are plentiful factors that is boosting the growth of the Automotive Digital Instrument Cluster Sales. These factors as per the Market Research Future (MRFR) report include growing need for electric vehicles, growing demand for luxury cars, recent trend of instrument cluster in premium cars that are fully reconfigurable, growing need by OEMs for advanced cluster technology, easily readable display, rising disposable income and innovative features equipped in the instrument. On the contrary, soaring price of the cluster, scarcity in the availability of skilled mechanists that can operate the advanced technologies used in the clusters and high installation cost are factors that may deter Automotive Digital Instrument Cluster Sales growth.
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Market Segmentation
MRFR report provides an extensive segmental analysis of the Automotive Digital Instrument Cluster Saleson the basis of vehicle type, fuel, display size, and display type.
Based on vehicle type, it is segmented into passenger vehicle and commercial vehicle.
Based on display size, the Automotive Digital Instrument Cluster Sales is segmented into greater than 12-inch, 9-11 inch and 5-8 inch. Of these, 9-11 inch will have the maximum share in the market over the assessment period due to the optimum size and low production cost.
Based on display type, it is segmented into TFT-LCD, OLED and LCD. Of these, TFT-LCD will dominate the market over the assessment period due to comparatively low production cost and superior display clarity.
Based on fuel, the Automotive Digital Instrument Cluster Sales is segmented into HEV, BEV, PHEV, petrol and diesel. Of these, BEV will lead the market over the assessment period.
Regional Analysis
By region, the Automotive Digital Instrument Cluster Salescovers growth opportunities and latest trends across Rest of the World, Asia Pacific, North America and Europe. Of these, North America will have maximum share in the market over the assessment period. Owing to the mediocre public transport, people prefer to travel in personal cars over public transport. Digital instrument clusters provide greater control and better visibility of every possible vehicle parameter thereby making it a good and comfortable experience during long distance journeys. In the APAC region, the automotive market always had a strong global presence due to the contribution made by Japan. The technologically advanced Japanese cars are made with the support of digital instrument clusters that is triggering the demand of the market in this region.
Key Players
Leading players profiled in the Automotive Digital Instrument Cluster Sales include Delphi Technologies (U.K.), Visteon Corporation (U.S.), Sharp Corporation (Japan), Magneti Marelli S.p.A. (Italy), Alpine Electronics Inc. (Japan), Alpine Electronics Inc. (Japan), Luxoft (Switzerland), Robert Bosch GmbH (Germany), Nippon Seiki Company Ltd. (Japan), ID4Motion (Netherlands), Nippon Seiki (Japan), Yazaki Corporation (Japan), IAC Group (Luxembourg), Panasonic (Japan), Denso Corporation (Japan), Nvidia Corporation (U.S.), Continental AG (Germany), Mitsubishi Electric Corporation (Japan), and others.
April 2019- Elektrobit (EB), leading supplier of connected software products is coming up with a development platform exclusively for infotainment devices and digital instrument clusters in Volkswagen’s latest series of electric vehicles. The Elektrobit guide toolchain will help developers at Volkswagen in promptly and easily designing complex HMIs (human machine interfaces). Its 2D and 3D features will cater to all the visual and technological needs that Volkswagen IVI as well as cluster user interfaces possess. Plug-ins will integrate seamlessly with the internationalization and skinning process of Volkswagen. The HMI toolchain of Elektrobit is ideal for multi-user editing along with HMI integration in their huge team of developers. The HMI Development in Volkswagen takes on big expectations and requirements at each stage. The EB guide’s substantial contribution will help the company in meeting the same continuously.
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