Automotive Digital Instrument Cluster Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR45176
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The automotive digital instrument cluster market has the potential to grow by USD 2.84 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 25.33%.

This automotive digital instrument cluster market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by application (luxury vehicles and mid-segment vehicles) and geography (Europe, North America, APAC, South America, and MEA). The automotive digital instrument cluster market report also offers information on several market vendors, including Aptiv Plc, Continental AG, DENSO Corp., International Automotive Components Group SA, Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., and Visteon Corp. among others.

What will the Automotive Digital Instrument Cluster Market Size be in 2021?

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Automotive Digital Instrument Cluster Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The multilayer display enabling further developments is notably driving the automotive digital instrument cluster market growth, although factors such as sharp decline in automobile production and sales may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the automotive digital instrument cluster market get your FREE report sample now.

This post-pandemic automotive digital instrument cluster market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Automotive Digital Instrument Cluster Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aptiv Plc
  • Continental AG
  • DENSO Corp.
  • International Automotive Components Group SA
  • Marelli Holdings Co. Ltd.
  • Nippon Seiki Co. Ltd.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Visteon Corp.

 

The automotive digital instrument cluster market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The automotive digital instrument cluster market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the automotive digital instrument cluster market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Automotive Digital Instrument Cluster Market?

Automotive-Digital-Instrument-Cluster-Market-Market-Share-by-Region-2020-2025

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The US is the key market for automotive digital instrument cluster market in North America. Learn about the key, emerging, and untapped markets from our automotive digital instrument cluster market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 38% of the market’s growth will originate from North America during the forecast period.

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Development of RTOS will facilitate the automotive digital instrument cluster market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Automotive Digital Instrument Cluster Market?

Automotive-Digital-Instrument-Cluster-Market-Market-Share-by-Application-2020-2025

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The automotive digital instrument cluster market share growth by the luxury vehicles segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive digital instrument cluster market size.

 

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What are the Key Factors Covered in this Automotive Digital Instrument Cluster Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive digital instrument cluster market growth during the next five years
  • Precise estimation of the automotive digital instrument cluster market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive digital instrument cluster market across Europe, North America, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive digital instrument cluster market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive digital instrument cluster market growth will increase by $1768.80 million during 2019-2024.
The automotive digital instrument cluster market is expected to grow at a CAGR of 16.72% during 2019-2024.
Technavio has segmented the automotive digital instrument cluster market by application (Luxury vehicles and Mid-segment vehicles) and geographic (Europe, North America, APAC, South America, and MEA).
Aptiv Plc, Continental AG, DENSO Corp., International Automotive Components Group SA, Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Visteon Corp. are a few of the key vendors in the automotive digital instrument cluster market.
North America will register the highest growth rate of 38.19% among the other regions. Therefore, the automotive digital instrument cluster market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the automotive digital instrument cluster market growth are:
  • Multilayer display enabling further developments in digital instrument cluster
  • Development of superior graphic display
The automotive digital instrument cluster market vendors should focus on grabbing business opportunities from the luxury vehicles segment as it accounted for the largest market share in the base year.
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