Global Automotive Digital Instrument Cluster Market is thriving worldwide by 2028

The global automotive digital instrument cluster market is anticipated to grow at a CAGR of 18.5 % during the forecast period (2022-2028). Due to the growing need for electric vehicles, the trend of individuals adopting automotive digital instrument clusters is expanding. They also assist in car repair and diagnostics by providing associated information display, as well as providing drivers with safety and convenience. Furthermore, growth in the population’s disposable income has resulted in an increase in demand for luxury vehicles, adding to the market’s favorable growth.

The automotive digital instrument cluster market is growing due to the increasing electrification and digitization of newly manufactured passenger and luxury vehicles. Changing vehicle designs and interiors to create a better user experience is also having an impact on the global automobile industry, resulting in market growth. Audi, Volvo, Jaguar, Kia, Tesla, and other automakers are putting digital instrument clusters in their vehicles. For instance, in June 2019, Kia Motors stated that it would introduce a new fully digitalized 12.3-inch instrument cluster with a resolution of 1920 720 pixels in forthcoming cars.

Leading digital instrument cluster companies are working on new technologies to make driving safer and more informative for drivers. The vehicle dashboard is no longer just a dashboard with the introduction of electronics in the automotive industry; each and every operation in a vehicle is sensed and displayed in analog or digital form using actuators, providing users with immediate and real-time information about the vehicle’s condition. For a more engaging experience, display manufacturers are expanding the depth of the image in digital clusters, enabling 3-D effects. For instance, in 2020, Continental AG has developed a unique natural 3D light field instrument cluster for the Genesis GV80 that, as the name suggests, adds a third dimension to the display of incoming vehicles. The new technology will make driving safer, more comfortable, and more intuitive for the driver. Additionally, the digital instrument cluster for the PEUGEOT 208 was introduced by Visteon Corporation in 2019. The PEUGEOT 3D i-Cockpit features two TFTs that display graphical content with 3D animations and content on both screens.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Vehicle Type
  • By Electric Vehicle
  • By Display
  • By Display Size
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Continental AG, DENSO CORP., Marelli Holdings Co. Ltd., Robert Bosch GmbH., Visteon Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Global Automotive Digital Instrument Cluster Market Report by Segment

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

By Electric Vehicle

• BEV
• PHEV
• Other Electric Vehicles

By Display

• LCD
• TFT-LCD
• OLED

By Display Size

• 5-8-inch
• 9-11 inch
• More than 12 inch