Houston, TX -- (SBWIRE) -- 03/22/2018 -- Research N Reports analysts forecast the Global Automotive Digital Instrument Cluster Market to grow at a CAGR of +37% during the period.
Automotive instrument clusters are primarily data source for driver, which displays crucial information about the status of the vehicle. An automotive instrument cluster comprises the speedometer, fuel gauge, illumination & warning indicators, pointers, screen, sensors, and electronic control unit (ECU). As of now, instrument clusters are coming up with 2D and 3D graphics to display more complex data in a better way. Moreover, in the early stage of automotive industry, mechanical or analog instrument cluster were used; however, due to ongoing innovation in automotive industry nowadays, hybrid and digital cluster have greater penetration.
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According to the report, one driver in the market is reduced prices of TFT/LCD displays. In automobiles, the TFT/LCD shipments for instrument clusters are expected to grow to 50 million units in 2018. The price of TFT/LCD display has decreased, which is an advantage for the instrument cluster market. This provides an advantage to manufacturers owing to the reduced cost. The Global Automotive Digital Instrument Cluster Market is likewise explored in terms of production rates as specified by different regions.
Key Players Profiled in this Report:
Bosch, Continental, DENSO, Magneti Marelli, Nippon Seiki, Visteon, Alpine Electronics, Delphi Automotive, Innolux, Japan Display, Luxoft, Mitsubishi Electric, QNX Software Systems, Renesas Electronics, Rightware, SHARP, YAZAKI Europe.
United States, North America, Europe, China, Japan, Southeast Asia, India and RoW.
The Global Automotive Digital Instrument Cluster Market is an exceptionally divided, niche market with the presence of a limited number of merchants. Suppliers in the market participate based on estimation, development, benefit, reputation, distribution, and promotion. As the market is still in its development stage, small merchants with inventive solutions have the odds of being acquired by leading players in the market.
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The Global Automotive Digital Instrument Cluster Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.
Furthermore, the report profiles some of the most prominent enterprises in the global Automotive Digital Instrument Cluster market to provide valuable recommendations. The product portfolio of the companies profiled are studied in detail. Besides this, information is obtained from their financial reports and strategies they adopted over the last couple of years.
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Table of Contents
Global Automotive Digital Instrument Cluster Market Research Report 2017
Chapter 1 Global Automotive Digital Instrument Cluster Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Automotive Digital Instrument Cluster Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Automotive Digital Instrument Cluster Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
The publication has estimated the sales forecast values for the Global Automotive Digital Instrument Cluster Market for the period 2017–2022. A section on the evaluation of market effect factors has shed light upon some of the most crucial aspects such as an environmental change due to economic or political reasons, change in consumer preference, and technological evolution in associated sectors.