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Global Automotive Digital Instrument Cluster Market 2017-2021

Global Automotive Digital Instrument Cluster Market 2017-2021

About Automotive Digital Instrument Cluster

The automotive instrument cluster is a collection of gauges, dials, and lights, which are in front of the driver, right above the steering. In some vehicles, it is present in the center of the dashboard. The instrument cluster has a panel, which displays various information, such as speed, fuel level, engine revolutions per minute (RPM), also known as a tachometer. With advancement in technology, modern instrument clusters also displays various icons related to the car such as front lights, power steering warning, door ajar warning, seat belt warning, tailgate open warning, high beam indicator, turn signal indicator, gear shift position, engine malfunction warning, anti-lock braking system (ABS), electronic stability program (ESP), engine oil warning, parking brake warning, charging system warning, malfunction indicator, airbag indicator, low fuel level warning, cruise control indicator, low windshield washer fluid level warning, and others.

Technavio’s analysts forecast the global automotive digital instrument cluster market to grow at a CAGR of 37.26% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive digital instrument cluster market for 2017-2021. To calculate the market size, the report considers the revenue of digital instrument cluster fitted in mid-segment and luxury vehicles only.

The market is divided into the following segments based on geography:

  • Europe
  • North America
  • ROW
Technavio's report, Global Automotive Digital Instrument Cluster Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Continental
  • Delphi
  • DENSO
  • Visteon
Other prominent vendors
  • Alpine Electronics
  • ID4Motion
  • Luxoft
  • Mitsubishi Electric
  • Nippon Seiki
  • SHARP
  • YAZAKI
Market driver
  • Digital instrument cluster to bring down costs for the automotive OEMs
  • For a full, detailed list, view our report
Market challenge
  • Low penetration of digital instrument cluster due to cost pressure on the automotive OEMs
  • For a full, detailed list, view our report
Market trend
  • Development of superior graphic display
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Digital Instrument Cluster Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive digital instrument cluster market: Bosch, Continental, Delphi, DENSO, and Visteon

Other Prominent Vendors in the market are: Alpine Electronics, ID4Motion, Luxoft, Mitsubishi Electric, Nippon Seiki, SHARP, and YAZAKI.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of superior graphic display. The digital instrument clusters adopt sophisticated technology to provide the users the freedom to customize the information being displayed on the cluster. As a result, global automotive digital instrument cluster market is one of the fastest growing market in the automotive electronics; currently at third place in the global automotive electronics market.”

According to the report, one of the major drivers for this market is Digital instrument cluster to bring down costs for the automotive OEMs. Currently, digital instrument clusters are high-priced. This caused the users to perceive them as premium asset offerings in a vehicle. In the highly competitive luxury cars market, automotive OEMs use the digital instrument cluster as product differentiators. As a result, the penetration rate of digital instrument clusters is low in the global automotive market. However, the digital instrument cluster is a medium for the automotive OEMs to reduce their manufacturing costs. Cost reduction is a crucial element for OEMs, as manufacturing costs impact the pricing and the demand for a vehicle. Hence, adoption of digital instrument clusters is expected to rise during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is Low penetration of digital instrument cluster due to cost pressure on the automotive OEMs. The addition of digital instrument clusters is bound to escalate the cost of the existing vehicles. Hence, automotive OEMs face humongous cost pressures due to dynamic regulations that impose several components within a vehicle. Factors like implementation of stringent emission norms, need for heavy investments in R&D programs, increased market competition, and evolving customer demands add to the rising cost pressure. For instance, as per NHTSA, the imposition of a new rule in 2014 requires all light vehicles (including cars, SUVs, trucks, and vans) to have a backup camera by 2018. The rule holds good for May 1, 2016, models, and manufacturers must achieve 100% compliance by May 1, 2018. Such developments will likely increase vehicle costs due to a competitive market, as OEMs have to bear the costs and cannot pass these on to end-customers.

Companies Mentioned

Bosch, Continental, Delphi, DENSO, and Visteon, Alpine Electronics, ID4Motion, Luxoft, Mitsubishi Electric, Nippon Seiki, SHARP, and YAZAKI.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • What is automotive instrument cluster?
      • Table Schematic representation of automotive instrument cluster
    • Types of automotive instrument clusters
      • Table Automotive instrument cluster type
    • Regulatory framework
      • Table Regulations/standards pertaining to on-board controls and displays
      • Table List of automotive safety standards/programs worldwide
    • Digital instrument cluster: market dynamics
    • Value chain analysis
      • Table Value chain analysis of the global automotive digital instrument cluster market
  • Market landscape
    • Market Overview
      • Table Segmentation of global automotive digital instrument cluster market
    • Criteria for digital instrument cluster
    • Market size and forecast
      • Table Global automotive digital instrument cluster market 2016-2021 ($ millions)
      • Table Digital instrument cluster block diagram
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Segmentation by vehicle type
      • Table Vehicle type - market size and forecast
    • Comparison by vehicle type
      • Table Comparison by vehicle type
    • Luxury vehicles - market size and forecast
      • Table Luxury vehicles - Market size and forecast ($ millions)
      • Table Luxury vehicles - Year-over-year growth (%)
    • Mid-segment vehicles - market size and forecast
      • Table Mid-segment vehicles - Market size and forecast ($ millions)
      • Table Mid-segment vehicles - Year-over-year growth (%)
    • Market opportunity by vehicle type
  • Regional landscape
    • Geographical segmentation
      • Table Global - market size and forecast
    • Regional comparison
      • Table Regional comparison
    • North America - market size and forecast
      • Table North America - market size and forecast ($ millions)
      • Table North America - Year-over-year growth (%)
    • Europe - market size and forecast
      • Table Europe - market size and forecast ($ millions)
      • Table Europe - Year-over-year growth (%)
      • Table Top 3 countries in Europe
    • ROW - market size and forecast
      • Table ROW - market size and forecast ($ millions)
      • Table ROW - Year-over-year growth (%)
      • Table Top 3 countries in ROW
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table The multilayer display principle
    • Market challenges
  • Market trends
    • Development of superior graphic display
    • Development of prism display that emulates real 3D effects
      • Table Prism concept display depicted by Visteon
    • Digital cockpits are becoming popular in the automotive ecosystem
    • Growing focus on the development of scalable cockpit platform
    • Upgrade to higher SAE automation levels to push adoption of large-sized instrument clusters
      • Table Time line for various automated driving systems of OEMs
      • Table Timeline for various automated driving systems
  • Vendor landscape
    • Competitive benchmarking
    • Other prominent vendors
      • Table Other prominent vendors
  • Vendor analysis
    • Vendor overview
    • Bosch
      • Table Bosch: Business segmentation 2016 by revenue
      • Table Bosch: Business revenue 2015 and 2016 ($ billions)
      • Table Bosch: Geographical segmentation by revenue 2016
      • Table Bosch: Product portfolio
    • Continental
      • Table Continental: Business segmentation 2016 by revenue
      • Table Continental: Business revenue 2015 and 2016 ($ billions)
      • Table Continental: Geographical segmentation by revenue 2016
      • Table Continental: Product portfolio
      • Table Continental: Recent developments
    • Delphi
      • Table Delphi: Business segmentation by revenue 2016
      • Table Delphi: Business revenue 2015 and 2016 ($ billions)
      • Table Delphi: Geographical segmentation by revenue 2016
      • Table Delphi: Product portfolio
      • Table Delphi: Recent developments
    • DENSO
      • Table Denso: Business revenue 2015 and 2016 ($ billions)
      • Table DENSO: Geographical segmentation by revenue 2016
      • Table DENSO: Product portfolio
    • Visteon
      • Table Visteon: Product segmentation by revenue 2016
      • Table Visteon: Business revenue 2015 and 2016 ($ billions)
      • Table Visteon: Geographical segmentation by revenue 2016
      • Table Visteon: Recent developments
  • Appendix
    • List of abbreviation
  • Explore Technavio

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