Automotive Instrument Cluster Market Size, Segments, Share and Growth Factor Analysis Research Report Forecast 2017 - 2025

This report provides in depth study of "Automotive Instrument Cluster Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Automotive Instrument Cluster Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

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.

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FACTS AT A GLANCE

Companies: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.

Coverage: All major geographies and key segments

Segments: Automotive Instrument Cluster Market Segmented By product type such as Analog, Digital and Analog-Digital Hybrid with vehicle type such as Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs) and Special Purpose Vehicles

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

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.

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.

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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

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