Automotive InstrumentCluster Market 2018-2023
CONTENTS Market at aGlance Market Dynamics Segmentation Trend Analysis Vendor Lists ContactUs
Market at aGlance Theautomotiveinstrumentclustermarketwillreachrevenuesclose to $12 billion by2023. The rising demand for connected cars and integration ofsmartphones to automotivecockpitelectronicswillattributetothegrowthoftheglobal automotive instrument clustermarket. The growing demand for advanced electronic andsemiconductor component will boost themarket. The introduction of telematics, digital clusters, andhigh-end infotainment systems in the mid-priced vehicle segmentwill revolutionize themarket.
MARKET DYNAMICS The establishment of government regulationsto reduce vehicle emissions and the growing need to increase the fuel economy of vehicles are the factors propelling the development of automotive mechanics in the global market.The leading OEMs are investing in the procurement of technology that will assist in reducing the weight ofthe vehicle or introduce electronically controlled vehiclemechanism. ViewReport
Segmentation The hybrid cluster was the largest product segment in the global market in 2017 andisanticipatedtogrowataCAGRofmorethan8%duringtheforecastperiod. Themid-pricedcarsegmentdominatedtheglobalmarketin2017andisprojected togrowataCAGRofcloseto8%by2023. Theincreaseinper-capitadisposableincomeanddevelopmentofeconomiesacross emerging countries in the APAC region will propel the demand for advanced instrumentclusterinthemarket. The leading vendors are investing in the development and incorporation of 3D graphicstechnologyinhybridclusterstoenhanceconsumerexperienceandgaina larger marketshare. Request aSample
TrendAnalysis INTRODUCTIONOF CONCEPT OF AUTONOMOUS VEHICLES GROWING ELECTRIFICATIONOF AUTOMOTIVE MECHANICS INCREASED FOCUS ON INTRODUCING SAFETY SOLUTIONS –ADAS EMERGINGECONOMIES DRIVING MARKET GROWTH email@example.com
VendorLists Prominent Players Alps Electric, Aptiv,Desay, Innolux, Japan Display, Kyocera Corporation, LG Electronics, Panasonic Corporation, Bosch, Sharp, and YazakiCorporation KeyVendors ContinentalAG Denso Magneti Marelli Nippon Seiki VisteonCorporation ViewReport
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