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Global Automotive Digital Instrument Cluster Market: Huge Growth Opportunities, Industry Trends, Share Analysis and Demand Forecast to 2023
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On the basis of car price, the market is segmented into mid-segment and luxury cars. Of the two, luxury cars have been seeing higher installation of digital instrument clusters. The increasing penetration of digital instrument clusters into luxury cars is leading to the growth of this category in the industry.
Globally, Europe has been the largest automotive digital instrument cluster market till now. The growing demand for electric vehicles in many countries of the region, such as Norway, the Netherlands, the U.K., France, and Germany, is expected to benefit the market. In addition, the high demand of luxury car coupled with the strong presence of luxury vehicle automakers in Europe is expected to benefit the growth of the automotive digital instrument cluster market in the region.
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The leading vendors in the industry are Robert Bosch GmbH, Continental AG, Delphi Technologies PLC, Denso Corporation, and Visteon Corporation. Some of the other key players in the market are Alpine Electronics Inc., ID4Motion, Luxoft Holding Inc., and NVIDIA Corporation.
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