Press release
Market Intelligence Report Light Vehicle Instrumentation and Cockpits, 2017-2025
It is one of the most important components in the vehicle interior as it helps the driver in maintaining the vehicle speed and other parameters including engine temperature and distance travelled. Light vehicle instrumentation provides continuous display of engine oil level, coolant temperature, battery voltage information, fuel level and other important information. Thus, accurate and vivid instrumentation displays form and integral part of vehicle driving. Some of the displays of light vehicle instrumentation include speedometer, odometer, temperature gauges, fuel lamp, low oil pressure lamps, fuel indicator, door ajar lamp, high beam indicator and others.
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Increasing demand for advanced and compact vehicle interior is the most significant factor driving the light vehicle instrumentation and cockpits market. Modern vehicles include different electronic controls such as advanced driver active safety systems (ADAS), park assist, air bag and seat belt indicators and other features in the cockpits. Thus, manufacturers focus on development of more sophisticated cockpits and instrumentation with advanced electronics features. With rising trend of light weight and fuel efficient vehicles, consumers prefer light weight interiors.
Additionally, consumers demand for electronically advanced interior (cockpits) that includes Bluetooth connectivity, steering wheels equipped with different controls and other features. This is expected to generate strong demand for advanced instrumentation and light weight cockpit designs in near term. Furthermore, with rising concerns for minimizing driver distraction during driving, user-friendly interface between the driver and vehicle is expected to witness strong growth in the market.
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Light vehicle instrumentation and cockpits market is segmented based on type of vehicles, cockpit components, instrumentation types and geographic regions. Different types of light vehicles depending upon their sizes include compact, subcompact, intermediate, full-size, compact pick-up, full-size pick-up, compact utility, intermediate utility, full-size utility, minivan and full-size van. Light vehicle cockpits are segmented based on the functional units as driver module, passenger-side module and center stack module.
The light vehicle instrumentation segment is segmented as control panels, secondary displays, head-up displays and other parameter indicators. The instrumentation technology used in light vehicles can be of analog or digital type. Furthermore, the light vehicle instrumentation and cockpits market is segmented into four geographic regions as North America, Europe, Asia Pacific and Rest of the World (RoW).
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Some of the major companies in the light vehicle instrumentation and cockpits market are Robert Bosch GmbH, Continental AG, Calsonic Kansei Corporation, Faurecia SA, Denso Corporation, International Automotive Components Group (IAC), Johnson Controls Inc., Inteva Products, LLC, Magna International Inc., Toyoda Gosei Co., Ltd., Magneti Marelli S.p.A., Nippon Seiki, Visteon Corporation, Valeo SA, Preh GmbH, Hyundai Mobis Co., Ltd. and others.
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