openPR Logo
Press release

Automobile Meters Market Analysis, Trends, Growth Prospects Forecast to 2025

12-06-2017 11:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Automobile Meters Market Analysis, Trends, Growth Prospects

Automobile Meters Market: Introduction

Automobile meters are the ancillary devices embedded in automotive vehicles which help in monitoring of vehicle performance by measuring different parameters such as fuel consumption, vehicle speed, engine temperature, etc. Automobile meters mainly used in OEM (original equipment manufacturer), and are also available in aftermarket sales. Some of the commonly used automobile meters are tachometers, speedometers, oil pressure meter, voltmeter, fuel gauge, temperature gauge, etc. Traditionally, automobile meters were used with a provision of analogue display, but with technological advancements, digital display prototypes have been used in recent times. Automobile meters aid in efficient use of automobiles. The new vehicle unit sales as well as repair and installation in aftermarket has created a considerable market for automobile meters around the globe.

Automobile meters such as Tachometers are used for measuring Rotation per Meter (RPM) of the automobile. It also helps to understand optimum time to change the gear to get maximum power and speed in a particular gear, so it is extensively used in dynamic terrains such as locomotion on inclined planes. Speedometers are used for measuring the rate of speed and estimation of mileage. Oil pressure meter is used to check the lubricant reach in the engine in the areas which are in need and help to reduce the wear and tear of engine parts and smooth run of engine in different weather such as the pressure is high in cold weather due to its high viscosity, high indication is good for the engine and without this the engine seize to work. Another device known as the fuel gauge is used for measuring and indicating the fuel level which is available in the tank and estimates the next fueling point according to the mileage of the car which prevents from the trouble of fuel tank empty.

Request Sample Copy of the Report @ https://www.persistencemarketresearch.com/samples/15091

Automobile Meters Industry: Market Dynamics

The continued use of automotive vehicles and its subsequent production is projected to drive the automobile meters market. In addition, government regulations such as fuel efficiency has also propelled the use of automotive meters in automobiles. New product developments and increasing cope of end-use applications such as hour cum RPM meters is also expected to provide growth to the global automobile meters market.

In terms of market trends, upcoming technologies such as adaptive cruise control, roundabout shunt prevention, and lane changer converter are likely to be implemented in the automobile meters industry. Also, digitalization, compact size, customization, etc. are some notable trends in the industry.

Automobile Meters Industry: Market Segmentation

Automobile Meters market can be segmented on the basis of product as follows:

Speedometer
Tachometer
Pressure gauge
Fuel gauge
Temperature gauge
 Automobile Meters market can be segmented on the basis of end-use as follows:

Light commercial vehicles
Heavy commercial vehicles
Passenger Cars
Two and Three Wheelers
Sports Cars 
Automobile Meters market can be segmented on the basis of display as follows:

Analogue display
Digital display
Automobile Meters Market: Regional Outlook

Asia-Pacific, Europe, Africa and North America regions are estimated to hold more than half of the total market shares of the global automobile meter market. These regions have the advantage of technologies advancement in the industry. The Asia-Pacific region, specifically China, Japan and India have recorded the high demand for the automobile meter as compared to other regions. Also, regions such as North America are forecasted to grow at the same pace in next decade attributed to increasing demand for updated automobile meters. Additionally, regions such as the Middle East and Africa, Latin America, etc. are expected to witness substantial growth in the global automobile meters market.

Request for Report Methodology: https://www.persistencemarketresearch.com/methodology/15091
Automobile Meters Market: Key Market Players

Examples of some of the market participants in the Automobile Meters market identified across the value chain are Auto Meter Products Inc., Flue-Tec Instruments & Controls; JOULE UNIVERSAL; Minimeter Automotive Instruments & Accessories; Indus Services; Technoton Sensors; Ono Sokki Co., Ltd; Ace Meters & Instruments; Auto Jaw Co., Ltd.; Avitar Tech Int’l Group Inc.; and Apex meter & Control.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

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 Automobile Meters Market Analysis, Trends, Growth Prospects Forecast to 2025 here

News-ID: 847463 • Views:

More Releases from Persistence Market Research

Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by Rising Demand for Reliable Power Supply
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Expanding Industrial Applications and Demand for High-Performance Bonding Solutions
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand for Functional and Durable Fabrics
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Efficient Lighting Demand
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by

All 5 Releases


More Releases for Auto

Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating. What Auto Leads Is Auto Leads focuses on digital marketing solutions for auto detailing businesses,
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs. A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can address
Brampton Auto Glass Announces New Comprehensive Auto Glass Solutions
Brampton, Ontario July 24 2024 - Brampton Auto Glass Company, a leading name in auto glass repair and replacement for the Brampton and Mississauga areas, announces a significant expansion of its service portfolio. This enhanced suite caters to the diverse needs of local vehicle owners, ensuring optimal safety and a flawless visual experience on the road. Unwavering Commitment to Excellence and Customer Satisfaction Brampton Auto Glass Company prioritizes excellence in everything
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients. Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon of
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King …
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle. The company provides