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Report
Automotive Instrument Cluster Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 148 Pages I IMARC Group
Market Overview:
The global automotive instrument cluster market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
An automotive instrument cluster is a system placed in front of the driver in a vehicle that displays crucial information about the car. A tachometer, speedometer, odometer, temperature gauge, warning indication, and fuel gauge are some key components. These gauges, along with all the warning lights and displays, are built into a single instrument cluster module. It mainly consists of needle gauges driven by stepper motors. An automotive instrument cluster is usually located directly ahead of the driver (or pilot) to keep them informed and updated by delivering information about the vehicle.
Automotive Instrument Cluster Market Trends:
The increasing popularity of electric vehicles (EVs) across the globe due to the implementation of various government initiatives to reduce carbon emissions is creating a positive outlook for the market. The automotive instrument cluster is essential for EVs to display information related to range, state of charge, navigation, driving mode, charging capacity, and energy flow. Moreover, the introduction of sporty and appealing product variants that display additional information systems, such as radio, onboard computer, internet, navigation, and driver assistance features, are providing an impetus to the market growth. Apart from this, the increasing digitalization, and the launch of automotive instrument clusters with two- and three-dimensional (2D/3D) graphics to simply display more complex data is acting as another growth-inducing factor. Additionally, manufacturers are focusing on incorporating all-digital technologies and improving the resolution and size of automobile LEDs and LCDs, which, in turn, is positively influencing the market growth. Other factors, including the increasing inclination toward digital solutions, extensive research and development (R&D) activities, rising expenditure capacities of consumers, and continual technological advancements, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive instrument cluster market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on cluster type, vehicle type, sales channel and application.
Breakup by Cluster Type:
Analog
Digital
Hybrid
Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicle
Breakup by Sales Channel:
OEM
Aftermarket
Breakup by Application:
Speedometer
Odometer
Tachometer
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alps Alpine Co Ltd, Continental AG, JPM Group, Nippon Seiki Co. Ltd., Pricol Limited, Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Simco Auto Limited, Valid Manufacturing Ltd and Visteon Corporation.
Key Questions Answered in This Report:
How has the global automotive instrument cluster market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global automotive instrument cluster market?
What are the key regional markets?
What is the breakup of the market based on the cluster type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the sales channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automotive instrument cluster market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Automotive Instrument Cluster Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Cluster Type
6.1Analog
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Digital
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Hybrid
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Vehicle Type
7.1Passenger Cars
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Light Commercial Vehicles
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Heavy Commercial Vehicles
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Electric Vehicle
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Sales Channel
8.1OEM
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Aftermarket
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1Speedometer
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Odometer
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Tachometer
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Alps Alpine Co Ltd
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2Continental AG
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3JPM Group
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4Nippon Seiki Co. Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5Pricol Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 SWOT Analysis
15.3.7Simco Auto Limited
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8Valid Manufacturing Ltd
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9Visteon Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
Figure 1: Global: Automotive Instrument Cluster Market: Major Drivers and Challenges
Figure 2: Global: Automotive Instrument Cluster Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Instrument Cluster Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Automotive Instrument Cluster Market: Breakup by Cluster Type (in %), 2022
Figure 5: Global: Automotive Instrument Cluster Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Automotive Instrument Cluster Market: Breakup by Sales Channel (in %), 2022
Figure 7: Global: Automotive Instrument Cluster Market: Breakup by Application (in %), 2022
Figure 8: Global: Automotive Instrument Cluster Market: Breakup by Region (in %), 2022
Figure 9: Global: Automotive Instrument Cluster (Analog) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Automotive Instrument Cluster (Analog) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Automotive Instrument Cluster (Digital) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Automotive Instrument Cluster (Digital) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Automotive Instrument Cluster (Hybrid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Automotive Instrument Cluster (Hybrid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Automotive Instrument Cluster (Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Automotive Instrument Cluster (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Automotive Instrument Cluster (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Automotive Instrument Cluster (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Automotive Instrument Cluster (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Automotive Instrument Cluster (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Automotive Instrument Cluster (Electric Vehicle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Automotive Instrument Cluster (Electric Vehicle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Automotive Instrument Cluster (OEM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Automotive Instrument Cluster (OEM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Automotive Instrument Cluster (Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Automotive Instrument Cluster (Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Automotive Instrument Cluster (Speedometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Automotive Instrument Cluster (Speedometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Automotive Instrument Cluster (Odometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Automotive Instrument Cluster (Odometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Automotive Instrument Cluster (Tachometer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Automotive Instrument Cluster (Tachometer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Automotive Instrument Cluster (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Automotive Instrument Cluster (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Automotive Instrument Cluster Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Automotive Instrument Cluster Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Automotive Instrument Cluster Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Automotive Instrument Cluster Industry: SWOT Analysis
Figure 85: Global: Automotive Instrument Cluster Industry: Value Chain Analysis
Figure 86: Global: Automotive Instrument Cluster Industry: Porter's Five Forces Analysis
Table 1: Global: Automotive Instrument Cluster Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Instrument Cluster Market Forecast: Breakup by Cluster Type (in Million US$), 2023-2028
Table 3: Global: Automotive Instrument Cluster Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 4: Global: Automotive Instrument Cluster Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
Table 5: Global: Automotive Instrument Cluster Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Automotive Instrument Cluster Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Automotive Instrument Cluster Market: Competitive Structure
Table 8: Global: Automotive Instrument Cluster Market: Key Players
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