Press release
Increasing Adoption Of Smart Cockpits Will Fuel Automotive Digital Instrument Cluster Market Size
Automotive Digital Instrument Cluster Market
New business models and digitalization have revolutionized the automotive sector by giving rise to emerging trends such as autonomous driving, connectivity, and electrification. With the increased complexity of vehicle electronics, there is a greater demand for more cost-effective, user friendly, and lucrative solutions to reinforce a wide range of features. Electronic clusters can be reconfigured by letting consumers customize the display contents and allowing better interactivity.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/4389
Cluster manufacturers are directing rigorous efforts to develop newer systems to combine infotainment with these panels and enabling the display of electronic information in a single panel by using a system on a chip platform. These chips are known for delivering high-quality displays in 3D and 2D graphics for mid-size cars. Smart vehicles are moving automakers towards information-rich graphical displays, driving automotive digital instrument cluster industry forecast.
12 inch display segment is anticipated to witness over 24% CAGR between 2019-2025. OLED is estimated to gain a high demand among new vehicle display panels as it is extensively used to produce flexible, slim and light displays. Manufacturers are widely utilizing these displays for several vehicle applications such as navigation, internal & external lightening, head-up display, and instrument cluster.
Due to advanced features, car manufacturers are widely adopting OLED as an advanced automotive lighting component which will further stimulate automotive digital instrument cluster market trends. In 2018, LG Display had collaborated with Cadillac, Mercedes, and Tesla for the development of FHD 12.3” curved plastic-based flexible OLEDs. OLED provides new possibilities in lamp and luminaire designs and as panel radiators, they are apt for use as taillight, signal light, or even interior lighting.
As the competitive pressure mounts in the automotive sector, there has been a reduction in electronics and digital system manufacturing costs for passenger vehicles, while bringing new advancements in instrument clusters. Moreover, instrument clusters are evolving rapidly with the addition of color displays and high-display solutions which provide an opportunity to develop greater display panels.
Many companies and business incubators are looking forward to commencing the installation of several algorithms in the e-cockpit like fisheye detection, around-view mirror (360-degree AVM) rearview monitoring, and Driver Monitoring System (DMS) creating the need for big instrument clusters. In May 2019, Visteon Corporation had announced the introduction of a SmartCore cockpit domain controller in India.
This system formed a key part of the digital & hybrid instrument cluster and infotainment system in TATA Harrier SUVs. Similar moves by manufacturers and companies to adopt the automotive digital instrument cluster could highlight the trend in automotive sector. It is estimated that global automotive digital instrument cluster industry size may be pegged at USD 7 billion by 2025.
Asia Pacific automotive digital instrument cluster industry size is increasing rapidly due to the strong vehicle and component manufacturing sector in emerging economies like Japan, China, and South Korea. Most of the regional governments have been instigating a supportive regulatory framework to enhance the deployment of the digital instrument cluster in automobiles that will fuel the product demand in coming years.
Request for Discount @ https://www.decresearch.com/request-discount/4389
Other Asian countries including South Korea, Japan, and India are also witnessing a robust expansion of the automobile sector due to the low manufacturing costs, consumption of passenger vehicles, and increased export activities in the region. The rising use of digital technology in vehicles for achieving sustainability and better performance will certainly bolster automotive digital instrument cluster market outlook.
Table of Contents (ToC) of the report:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Definition and forecast parameters
1.1.1.1. Definitions
1.1.1.2. Assumptions, methodology and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Automotive digital instrument cluster industry 3600 synopsis, 2015 - 2025
2.1.1. Business trends
2.1.2. Display type trends
2.1.3. Display size trends
2.1.4. Regional trends
Chapter 3. Automotive Digital Instrument Cluster Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2025
3.2.1. Global instrument cluster landscape
3.2.1.1. North America
3.2.1.2. Europe
3.2.1.3. Asia Pacific
3.2.1.4. Latin America
3.2.1.5. MEA
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/automotive-digital-instrument-cluster-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Adoption Of Smart Cockpits Will Fuel Automotive Digital Instrument Cluster Market Size here
News-ID: 2278231 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
