Market Overview:
The global car clock market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, factors such as technological advancements and rising disposable income are also contributing to the growth of this market. On the basis of type, analog type clocks are expected to dominate the global car clock market during the forecast period from 2018 to 2030. This can be attributed to their low cost as compared with digital type clocks and their easy installation process.
Product Definition:
A car clock is a device that tells time while in a car. It is usually installed on or near the dashboard and may be digital or analog. Car clocks are important for keeping track of time while driving, as well as for ensuring that drivers stay within the legal driving limit.
Analog Type:
Analog type is a technology that was initially developed for measuring and displaying continuous physical parameters such as temperature, pressure, and so on. The technology has since then found its way into many applications including car clocks.
The analog type of car clock displays the time in hours, minutes and seconds with no mention of years or months. This analog display can be easily damaged by dust or dirt which makes it more susceptible to failure over a period of time.
Digital Type:
Digital type is a system to represent text and numbers in digital form. The most common way of representing digit is as unique symbols or letters. Digit can be represented by using different systems such as 0-9, alphabets, and special characters. Alphabets are the best known symbol for representing digit but it can be represented by different alphanumeric characters such as 0-9 or #, & etc.
Application Insights:
The passenger cars segment dominated the global car clock market in 2017. The growing trend of digitalization in the automobile industry is expected to drive demand for car clocks with digital displays. Digital display provides more information at a glance, which aids better visibility while driving and increases safety margins. Moreover, analog display wastes too much space on the dashboard as compared to its digital counterpart, thereby occupying less space and being easier to install. These factors are anticipated to increase product demand among passenger cars over the forecast period.
The commercial vehicles segment is expected register a CAGR of XX% from 2018 to 2030 owing to increasing government regulations regarding driver fatigue and duty time management for long-distance travels by road transport operators such as bus companies across various regions globally including North America, Europe, Asia Pacific and Middle East & Africa countries.
Regional Analysis:
North America dominated the global car clock market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing technological advancements and growing demand for advanced driver assistance systems (ADAS) and safety features such as anti-theft system, adaptive cruise control, lane departure warning system, blind spot detection and others. Moreover, rising number of electric vehicle charging stations will further boost regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth owing to increasing sales of premium cars with digital displays across key markets including China and India on account of rising disposable income coupled with improving standard of living especially among middle class population groups in these countries which prefer luxury vehicles equipped with latest technology based car clocks for their travel needs.
Growth Factors:
- Increasing demand for luxury and customized products: The global car clock market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for luxury and customized products.
- Rising disposable income of consumers: The growth of the global car clock market is also attributed to the rising disposable income of consumers, which has led to an increase in their purchasing power.
- Technological advancements: Car clocks are becoming more advanced with each passing day with features such as Bluetooth connectivity, voice recognition, and touch screens being incorporated into them. This is expected to fuel the growth of the global car clock market during the forecast period.
- Growing popularity of smart cars: With an increase in awareness about smart cars and their benefits among consumers, there has been a rise in their demand across different regions worldwide in recent years; this is anticipated to drive growth in the global car clock market during 2019-2025 . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Clock Market Research Report
By Type
Analog Type, Digital Type
By Application
Passenger Cars, Commercial Vehicles
By Companies
Jeco Co., Ltd., Shanghai Delco Electronic Instrument Co., Ltd., Changchun Visteon FAWAY Automotive Electronics Co., Ltd., Liuzhou Hangsheng Technological Co., Ltd., Unick Corporation, Breitling, La Crosse Technology, AUDEW, Mitsubishi Electric, Rhythm Watch
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Car Clock Market Report Segments:
The global Car Clock market is segmented on the basis of:
Types
Analog Type, Digital Type
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
Passenger Cars, Commercial Vehicles
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:
- Jeco Co., Ltd.
- Shanghai Delco Electronic Instrument Co., Ltd.
- Changchun Visteon FAWAY Automotive Electronics Co., Ltd.
- Liuzhou Hangsheng Technological Co., Ltd.
- Unick Corporation
- Breitling
- La Crosse Technology
- AUDEW
- Mitsubishi Electric
- Rhythm Watch
Highlights of The Car Clock 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:
- Analog Type
- Digital Type
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Car Clock 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A car clock is a device that is installed in a car to show the time.
Some of the key players operating in the car clock market are Jeco Co., Ltd., Shanghai Delco Electronic Instrument Co., Ltd., Changchun Visteon FAWAY Automotive Electronics Co., Ltd., Liuzhou Hangsheng Technological Co., Ltd., Unick Corporation, Breitling, La Crosse Technology, AUDEW, Mitsubishi Electric, Rhythm Watch.
The car clock market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Clock 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 Car Clock Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Clock 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 Car Clock 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 Car Clock Market Size & Forecast, 2018-2028
4.5.1 Car Clock Market Size and Y-o-Y Growth
4.5.2 Car Clock Market Absolute $ Opportunity
Chapter 5 Global Car Clock 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 Car Clock Market Size Forecast by Type
5.2.1 Analog Type
5.2.2 Digital Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Clock 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 Car Clock Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Clock 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 Car Clock 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 Car Clock Analysis and Forecast
9.1 Introduction
9.2 North America Car Clock 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 Car Clock Market Size Forecast by Type
9.6.1 Analog Type
9.6.2 Digital Type
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 Car Clock Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Car Clock Analysis and Forecast
10.1 Introduction
10.2 Europe Car Clock 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 Car Clock Market Size Forecast by Type
10.6.1 Analog Type
10.6.2 Digital Type
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 Car Clock Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Car Clock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Clock 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 Car Clock Market Size Forecast by Type
11.6.1 Analog Type
11.6.2 Digital Type
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 Car Clock Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Car Clock Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Clock 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 Car Clock Market Size Forecast by Type
12.6.1 Analog Type
12.6.2 Digital Type
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 Car Clock Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Car Clock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Clock 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) Car Clock Market Size Forecast by Type
13.6.1 Analog Type
13.6.2 Digital Type
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) Car Clock Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Car Clock Market: Competitive Dashboard
14.2 Global Car Clock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jeco Co., Ltd.
14.3.2 Shanghai Delco Electronic Instrument Co., Ltd.
14.3.3 Changchun Visteon FAWAY Automotive Electronics Co., Ltd.
14.3.4 Liuzhou Hangsheng Technological Co., Ltd.
14.3.5 Unick Corporation
14.3.6 Breitling
14.3.7 La Crosse Technology
14.3.8 AUDEW
14.3.9 Mitsubishi Electric
14.3.10 Rhythm Watch
