Press release
Digital Instrument Cluster Market Insights and Forecast to 2028
Digital Instrument Cluster MarketDigital Instrument Cluster is a set of instrumentation, including the speedometer, that is displayed with a digital readout rather than with the traditional analog gauges. Many refer to it simply as a digital speedometer.
Due to the COVID-19 pandemic, the global Digital Instrument Cluster market size is estimated to be worth USD 2028.5 Million in 2022 and is forecast to a readjusted size of USD 3765.2 Million by 2028 with a CAGR of 10.9% during the review period.
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Fully considering the economic change by this health crisis, 5-8 Inch accounting for % of the Digital Instrument Cluster global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.
While BEV segment is altered to an % CAGR throughout this forecast period.
The >12 inch digital instrument cluster is estimated to be the fastest growing segment of the digital instrument cluster market, by display size. The growth of >12 inch digital instrument cluster can be attributed to the increasing demand for a bigger display, increasing number of features in a digital instrument cluster, and growing demand for vehicle aesthetics. However, vehicles such as entry-level, mid-segment, and light commercial vehicles are equipped with a 5-8 inch digital instrument cluster that helps to decrease the overall cost of the vehicle.
In terms of production side, this report researches the Digital Instrument Cluster capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Digital Instrument Cluster by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Digital Instrument Cluster market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Digital Instrument Cluster market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
By Type
• 5-8 Inch
• 9-11 Inch
• Above 12 Inch
By Application
• BEV
• FCEV
• HEV
• PHEV
By Company
• BoscH
• Continental
• Denso
• Panasonic
• Delphi
• ToshibA
• Yazaki
• Visteon
• Magneti Marelli
• Nippon Seiki
• NvidiA
• IAC Group
• Spark Minda
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-21C8789/global-digital-instrument-cluster
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