Market Overview:
The global automotive electronic instrument cluster market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for luxury cars and SUVs, rising disposable income, and technological advancements in automotive electronics. On the basis of type, the global automotive electronic instrument cluster market has been segmented into OEM and after-market. The OEM segment is expected to account for a major share of the global automotive electronic instrument cluster market during the forecast period. This can be attributed to increasing demand for luxury cars and SUVs that come equipped with advanced features such as an electronic instrument cluster. On the basis of application, heavy commercial vehicles are expected to account for a major share ofthe global automotive electronic instrument cluster market duringthe forecast period owingto their growing popularity across various regions worldwide.
Product Definition:
An automotive electronic instrument cluster is a component of an automobile that displays information about the vehicle to the driver. This information can include speed, fuel level, engine RPMs, and other vehicle diagnostics. The importance of an automotive electronic instrument cluster lies in its ability to provide drivers with key pieces of information while they are driving. By providing this data directly to the driver, it allows them to make decisions about how they drive more effectively.
OEM:
OEM (Original Equipment Manufacturers) stands for the manufacturers of electronic devices and components that are used in automotive clusters. The OEMs provide electronic control units, power supplies, display drivers, and other parts to car makers who assemble them into finished products. These companies design the systems according to their requirements along with providing technical support & services for maintenance operations as well as repair procedures.
After-market:
Aftermarket is the second hand market of the electronic instrument cluster. The aftermarket consists of two parts: repair and service. In automotive industry, it means selling or modifying vehicles that are no longer roadworthy by original standards after a collision or breakdown has been made aware of them by a consumer (service).
Application Insights:
The HCV application segment accounted for the largest revenue share of over 40% in 2017. The instrument panel cluster is considered to be one of the most important components in an automobile. It comprises a wide range of electronic devices, which are responsible for providing vehicle with information regarding speed, direction and other related functions. These devices also help drivers to perform complex tasks easily such as changing gears and operating windshield wiper motor with just one button press on digital displays.
The LCV segment is projected to exhibit the highest CAGR from 2018 to 2030 owing to increasing demand from emerging economies such as India, China and Brazil along with high growth markets including Mexico, Colombia Argentina and Chile among others expected over the forecast period. Electronic instrument clusters offer features such as multi-information display system that provides various driving statistics using LEDs or liquid crystal displays that can be easily viewed by drivers without taking their eyes off road thereby improving safety significantly contributing towards higher market share growth rate during this period.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing sales of passenger cars and light commercial vehicles. Increasing disposable income, coupled with rising employment opportunities, will also drive regional demand for automobiles. Furthermore, supportive government regulations regarding vehicle safety are projected to further fuel market growth in Asia Pacific during the forecast period.
Europe accounted for a major share in 2017 owing to stringent government regulations about vehicle safety systems and components installed in new vehicles as well as used cars sold within Europe region since 2010s. This has resulted into high demand from European countries such as Germany, France and Italy about 80% of all luxury car models sold worldwide have been manufactured by just three companies namely AUDI AG (Germany), Volkswagen Group (Italy) and BMW AG (Germany).
Growth Factors:
- Increasing demand for luxury and premium cars
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive electronic instrument clusters
- Growing popularity of electric and hybrid vehicles
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Electronic Instrument Cluster Market Research Report
By Type
OEM, After-market
By Application
Heavy Commercial Vehicle, Light Commercial Vehicle
By Companies
Bosch, Panasonic Corporation, Harman, ALPINE, Mobis, Aisin, Continental, Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Electronic Instrument Cluster Market Report Segments:
The global Automotive Electronic Instrument Cluster market is segmented on the basis of:
Types
OEM, After-market
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Heavy Commercial Vehicle, Light Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Panasonic Corporation
- Harman
- ALPINE
- Mobis
- Aisin
- Continental
- Bosch
Highlights of The Automotive Electronic Instrument Cluster Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEM
- After-market
- By Application:
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Electronic Instrument Cluster Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive electronic instrument cluster (AEC) is a group of electronic instruments used in automobiles to monitor vehicle functions. The most common AECs include airbag sensors, engine speed and temperature, oil pressure, and water temperature.
Some of the major players in the automotive electronic instrument cluster market are Bosch, Panasonic Corporation, Harman, ALPINE, Mobis, Aisin, Continental, Bosch.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Electronic Instrument Cluster Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Electronic Instrument Cluster Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Electronic Instrument Cluster Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Electronic Instrument Cluster Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Electronic Instrument Cluster Market Size & Forecast, 2018-2028
4.5.1 Automotive Electronic Instrument Cluster Market Size and Y-o-Y Growth
4.5.2 Automotive Electronic Instrument Cluster Market Absolute $ Opportunity
Chapter 5 Global Automotive Electronic Instrument Cluster Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Electronic Instrument Cluster Market Size Forecast by Type
5.2.1 OEM
5.2.2 After-market
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Electronic Instrument Cluster Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Electronic Instrument Cluster Market Size Forecast by Applications
6.2.1 Heavy Commercial Vehicle
6.2.2 Light Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Electronic Instrument Cluster Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Electronic Instrument Cluster Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Electronic Instrument Cluster Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Electronic Instrument Cluster Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Electronic Instrument Cluster Market Size Forecast by Type
9.6.1 OEM
9.6.2 After-market
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Electronic Instrument Cluster Market Size Forecast by Applications
9.10.1 Heavy Commercial Vehicle
9.10.2 Light Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Electronic Instrument Cluster Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Electronic Instrument Cluster Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Electronic Instrument Cluster Market Size Forecast by Type
10.6.1 OEM
10.6.2 After-market
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Electronic Instrument Cluster Market Size Forecast by Applications
10.10.1 Heavy Commercial Vehicle
10.10.2 Light Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Electronic Instrument Cluster Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Electronic Instrument Cluster Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Electronic Instrument Cluster Market Size Forecast by Type
11.6.1 OEM
11.6.2 After-market
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Electronic Instrument Cluster Market Size Forecast by Applications
11.10.1 Heavy Commercial Vehicle
11.10.2 Light Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Electronic Instrument Cluster Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Electronic Instrument Cluster Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Electronic Instrument Cluster Market Size Forecast by Type
12.6.1 OEM
12.6.2 After-market
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Electronic Instrument Cluster Market Size Forecast by Applications
12.10.1 Heavy Commercial Vehicle
12.10.2 Light Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Electronic Instrument Cluster Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Electronic Instrument Cluster Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Electronic Instrument Cluster Market Size Forecast by Type
13.6.1 OEM
13.6.2 After-market
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Electronic Instrument Cluster Market Size Forecast by Applications
13.10.1 Heavy Commercial Vehicle
13.10.2 Light Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Electronic Instrument Cluster Market: Competitive Dashboard
14.2 Global Automotive Electronic Instrument Cluster Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Panasonic Corporation
14.3.3 Harman
14.3.4 ALPINE
14.3.5 Mobis
14.3.6 Aisin
14.3.7 Continental
14.3.8 Bosch
