
- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Automotive Instrument cluster is a set of instruments and gauges that helps in understanding the functioning of a vehicle at a single glance. Instrument cluster comprises speedometer, tachometer, fuel gauge, warning indicators, pointers, sensors and electronic control unit.
The display can be either analog, digital or hybrid. It ensures driverâs safety as it keeps track of the car's health and movement.The growth in technology has driven the demand for digital and hybrid instrument panels are driving factors of this market (by value).
To know more about Global Automotive Display Market, read our report
An automotive instrument cluster is a display panel in the driver's line of sight that displays crucial information about the vehicle's performance and status.
A speedometer, tachometer, fuel gauge, engine temperature gauge, and warning lights for various system faults, such as low oil pressure or a check engine light, are often included in the instrument cluster.
Instrument clusters in modern automobiles have become increasingly sophisticated and feature-rich, with digital displays, touchscreens, and advanced functionality like as navigation, media playing, and networking to other devices.
Other vehicle systems, such as the infotainment system, climate controls, and driver assistance features, may be integrated with the instrument cluster.
The instrument cluster is critical in assuring the driver's and passengers' safety and convenience by delivering real-time information on the vehicle's performance and state.
It enables the driver to monitor essential systems quickly and easily and respond accordingly to any faults or crises that may arise while driving.
SI No | Timeline | Company | Developments |
1 | July 2021 | Rightware | Rightware collaborates with Freescale and Vivante to enable highly advanced automotive in-vehicle infotainment and Instrument cluster systems
|
SI No | Timeline | Developments |
1 | Q4-2021 | ADAS and AI based vision processing technology for autonomous vehicles StradVision is partnered with LG Electronics to develop an AR head up instrument cluster projects such as ADAS warnings and navigation information on windshield using augmented reality which enhances the vehicle safety. |
2 | Q3-2021 | Japanese semiconductor manufacturing company Renesas Electronics Corporation introduced a new system on chip product for the automotive electronics applications. The new R-Car Gen3e SoCs series provides 20% higher CPU speed for instrument cluster, driver monitoring systems and integrated cockpit domain controllers. Q3 |
3 | Q2-2021 | Google revealed a new feature in Android Auto at its Google I/O annual developer conference, the new Android Auto will support instrument cluster integration, that is the app will display on cluster if the screen is supported by digital display. Q2 |
4 | Q1-2021 | Hyundai Motor India increased its Verna models production in India and partnered with German multinational company Continental AG to supply digital instrument clusters to meet the growing demand. Q1 |
Rise in demand for high end passenger cars across the world is driving the Digital instrument cluster market.
The electronic components such as display screen (mostly LCD), integrated chips, and control units are available readily and cheaper in cost. This has been a major factor in expanding the market.
Digital clusters will continue to be a premium feature in emerging economies and also contribute to increased value per unit of the digital cluster.
Integrated cockpit domain controllers, head-up display and driver assistance features will be further integrated into the cluster in the forecast period.
To know more about the automotivecockpit domain controller market, Please read our report.
The sales of electric vehicles has been on rise in the past few years with the global automakers surpassing revenue milestones and pre-order bookings.
As the pollution levels and oil prices across the world are on a rise, the demand and production of electric vehicles is increasing creating incentives for automakers to develop more enhanced technologies.
Several automotive part manufacturers are now focusing on the development of digital instrument clusters keeping in mind the requirements of an electric vehicle.
For instance, Visteon announced an agreement with Renault motors to supply the instrument clusters for the companyâs electric Kwid model.
Instrument clusters for electric vehicles come with an integrated dashboard to provide the user necessary information about the battery charge left as well as the availability of the nearest battery charging station and software enhancements from OEMs.
Therefore, with the rise in demand for electric vehicles and automakers making strides in the sector by developing new technologies, the demand for instrument clusters with specialised features for electric vehicles will increase.
The market is dominated by some of the key players that are the supply partners for most of the automakers.
The top spot in the market is occupied by Visteon with over 21% market share, followed by Nippon Seiki with XX% market share and Denso Corporation at the 3rd place with XX%
The instrument cluster in a car contains the different displays and indications that allow the driver to control the vehicle.
Several instruments, such as a speedometer, odometer, tachometer, oil pressure gauge, fuel gauge, and other indicators for system failures and alerts, are among them.
Instrument clusters give drivers a concentrated, easily accessible spot to view all vital system data.
Load drivers each physical (non-graphical) gauge is controlled by its own stepper motor. In addition, almost all instrument clusters have LED backlighting.
To function properly, each of these devices requires a load driver. The stepper motor drivers are often integrated into the instrument cluster MCU; however, the LED backlight driver is implemented as an independent IC.
The Controller Area Network bus in a car serves as the "backbone" of the vehicle network because it is the de facto standard for high-reliability serial communications.
CAN is designed for applications that must consistently transfer several yet small amounts of data among nodes, as well as self-diagnose and rectify data problems.
Within a node, LINs (Local Interconnect Network) handle network communication. A LIN network has a broadcast architecture with a single master â often an MCU â and up to 12 slave devices. It is inexpensive and easy to set up.
Processor in automotive applications are fundamentally safety-critical, the processor or microcontroller must be capable of delivering dependable, real-time control.
The microcontroller is chosen for its application-specific integrated peripherals as well as its ability to execute instructions quickly.
An integrated CAN and/or LIN transceiver is frequently included in instrument cluster MCUs for connecting with numerous sensors throughout the vehicle.
The microcontroller may additionally have stepper motor drivers for actuating various gauges, as previously indicated.
Power Management in Low-dropout regulators are particularly effective in situations where there is a lot of load, such as when using an electric starter.
External memory, stepper motors, one or more MCUs, CAN interface, LIN interface, and LED backlighting are all examples of instrument cluster components that can work at different voltage levels.
When designing for efficiency, compactness, low cost, and low EMI, careful thought is essential because there are so many distinct power rails.
On the basis of technology hybrid instrument cluster is expected to dominate the market. Its ability to integrate both analog and digital has been the factor for this.
The rise in electric vehicles and adoption of hybrid instrument clusters in commercial vehicles is expected to boost the market.The digital instrument cluster market accounts for a small share of the market but has been growing at the fastest rate, especially in China.
The conventional analog instrument clusters can still be found in almost all entry level passenger cars. The below chart shows the market share based on the technology:
Passenger vehicles hold most of the share in the instrument cluster. High-end passenger vehicles attract larger market share as mostly they will be hybrid type and feature more options than other segments.
Globally, 10 million commercial vehicles are sold per annum, which is ~12-15% of passenger cars sold and ~20% of two-wheelers sold per annum.
The 2 wheelers are sold in high numbers in Asia region, accounting for a sizable instrument cluster market volume in the region. The MY 2018 onward vehicles launched in the Asian market have a much higher digital content.
The instrument cluster market in the USA will be driven by the growth of the electric vehicle industry as well the increasing implementation of fully digital clusters in the pickups as they account for a large volume of the overall sales.
Another dominant factor which will influence the growth of the instrument cluster market will be the focus on advanced driving safety features, implementation of which will require the need for OEMs to redevelop their cluster systems to include driver assistance features.
The demand for SUVs and crossovers ( 55% share in new car sales in 2020) will increase the instrument cluster market value in the country. Many top selling SUVs in the US are fitted with digital instrument cluster as a standard option.
Pickups account for 16-17% market share of new car sales in the US and all of them have Analogue dials + TFT display(centre) + multiple gauges setup (on top).
Ford F-150, the top-selling US vehicle for more than four decades, gets a 8 inch TFT display in centre for higher variants and 4.2 inch display for lower variants.
USA holds a dominating 30% of hybrid cluster market share in terms of volume in 2020, followed by Europe at 26% and China at 23%.
The analog market is expected to show the slowest growth in the US market with a CAGR of 0.5% during the forecast period due to higher digitalization of cockpits.
USA will be a strong market for hybrid clusters although digital clusters will penetrate strongly in EV and premium segments to a large extent.
Post Covid-19, the US was less prone to drop in sales numbers due to the rise in private ownership of vehicles, thereby showing a positive trend in growth of the cluster market as well.
The below list is of top selling vehicles in the region and the type of infotainment system incorporated in them
Brand | Model | Supplier | Type of Instrument Cluster | Technical Specifications |
Ford | F-150 | Visteon | Digital | 12 inch with reconfigurable digital gauges, animated vehicle avatars, drive mode visualisations, menus and alerts |
Chevrolet | Silverado-2020 Silverado-2021 HD | Nippon Seiki | Digital/hybrid | 15 inch diagonal multi-color head-up display which projects data onto the windshield such as speed, temperature, directions, time. There are 3 DIC cluster options. |
Honda | CRV | Nippon Seiki | Digital | Digital cluster with gauges for speed, fuel availability temperature, time and vehicle dynamics. |
Nissan | Rogue | Visteon | Digital | 12 inch diagonal screen with vehicle dynamic control with traction control system as well as a multi-color head-up display. The cluster includes gauges for speed, temperature, infotainment details as well as fuel details. |
Ford | Escape | Visteon | Digital | 12.3 inch instrument cluster with configurable display and 3D animations. Speed, temperature and other vital information can be projected on the 6 inch head-up display. |
The rise in sale of electric vehicles (+147% YOY 2020) has led to a rise in hybrid and digital instrument clusters across Europe.
The volume of pure electric and plug-in hybrid cars (EVs) increased from 575,000 units in 2019 to a staggering 1.42million units in 2020 indicating the accelerated transition to new energy vehicles in this region
The EU region had among the lowest penetration of analog systems globally. Only entry level car models such as Dacia Sandero, Opel Corsa and Fiat Panda featured an analog cluster due to significant price advantage.
High share of Premium and Luxury car sales in Europe region has boosted the Automotive Instrument cluster market immensely, by Value.
All the top selling models in Europe feature hybrid instrument clusters. VW now offers the biggest range of Digital instrument clusters starting from Polo, Golf, to Tiguan, Passat across multiple variants.
The below list is of top selling vehicles in the region and the type of infotainment system incorporated in them
Brand | Model | Supplier | Type of Instrument Cluster | Technical Specifications |
Peugeot | 208 | Visteon | Digital | Peugeot 3D i-cockpit with multifunction steering wheel, configurable head-up display, 10 inch HD color touchscreen. |
Volkswagen | Polo | Bosch | Digital | 10.3 inch with digital Cockpit Pro which displays a navigation map in conjunction with other vital details such as speed, temperature and fuel. |
Ford | Fiesta | Visteon | Hybrid | The ecoboost displays how much electric power has been generated by the mild hybrid system and tracks whether the energy is returned to the battery or used to assist fuel efficiency as well as speed. |
Toyota | Yaris | Denso | Hybrid | The 4.2 inch cluster displays multiple information such as turbo pressure, 4WD mode, G-force, gear shift indicators, speed and fuel economy. |
Peugeot | 3008 | Visteon | Digital | Configurable Peugeot i-cockpit with 12.3 inch head up digital instrument panel. |
In the year 2020, China had an estimated output of 6.6M analog clusters, 7.3M hybrid clusters and 5.9M digital clusters, accounting for ~30% of the worlds instrument cluster sales
The instrument cluster market in China is expected to witness an aggressive growth strategy in the features offered due to stiff competition as well as the phenomenal EV growth aiding in complete redevelopment of the in-cabin experience.
As of 2020, China has the highest percentage of vehicles among its top selling vehicles to feature an all-digital cluster as compared to any other region
Among the top selling vehicles most of them are fitted with hybrid instrument clusters, except for the budget cars such as Wuling Hongguang and Volkswagen Lavida which still have analogue instrument panels.
US and China are the market where Toyota had most penetration of new gen digital clusters in a higher percentage of trims
The instrument cluster in Japan was valued at $2054M in the year 2023 and is estimated to reach $2858M by the year 2030 growing at a CAGR of 6.8%
As of 2023, Japan is the only region where digital clusters had the highest penetration of about 40%, followed by hybrid clusters at 31% and analog at ~29%.
The hybrid market is expected to eat into the market share of the analog market due to indigenous OEMs such as Toyota and Honda looking to implement their home-grown technology in all their models.
As of 2023, Toyota is yet to transition from TFT screens in their top selling vehicles Prius, Sienta and Corolla. The digital cluster is estimated to get more than 50% of the value market share in 2025 at ~$1.5B and the overall instrument cluster at ~$2.8B by 2030
Most of the top selling passenger vehicles are hybrid type instrument clusters. Very few are digital types such as Toyota Prius.
The companies manufacturing instruments from Japan cluster are continuously investing on R&D to improve technology, this will boost Japan's market in this sector.
Transition from TFT to LCD cluster display will positively affect the price growth in this region, as a large number of trims featured a TFT screen.
Driver assistance systems and EV growth will influence the price per unit of the cluster as OEMs such as Toyota and Honda continue to race towards implementation of such features.
The below list is of top selling vehicles in the region and the type of infotainment system incorporated in them
Brand | Model | Supplier | Type of Instrument Cluster | Technical Specifications |
Toyota | Prius | Denso | Digital | 11.6 inch multimedia display and color head-up display that uses aircraft inspired technology to project vital information about speed, temperature. |
Toyota | Corolla XLE | Denso | Hybrid | 7 inch multi information display for different gauges. |
Nissan | Note Aura | Visteon | Digital | 12.3 inch digital cluster is aligned with the central display, the screen displays speed, temperature, direction and other vital information. |
Top 3 best selling vehicles in India which accounted for ~0.6M number of vehicles sold in 2020, had a 100% penetration of analog clusters.
In 2020, analog clusters had a large penetration of ~68%, hybrid clusters at about 30%, while digital clusters had a poor share of ~2%. Nissan magnate and Renault Kwid were the vehicles in the entry segment to get an all-digital instrument cluster
Maruti Ertiga, Honda Amaze and Tata Tiago were among the top selling models which has a 100% penetration of hybrid clusters
Indian market will continue to witness growth in the analog market due to need for extremely cost-effective clusters in the low budget vehicles, which constitute a significant chunk of the number of sales in the region
Till 2016, almost all cars sold in India had the same instrument cluster provided on all variants except different tachometer readings in case of Petrol and Diesel.
But, now there is clear differentiation between lower segment variants and higher segment variants of the same vehicle, and the design on Instrument cluster varies. Ex- 2019 Mahindra XUV 300, Hyundai Venue, 2020 Hyundai Creta.
Except for Suzuki Baleno and Kia Seltos most of the top selling cars have analog instrument clusters.
Analog instrument clusters hold the majority of share as they occupy all the top selling budget cars. However, the hybrid instrument cluster is slowly seeing the rise.
Tata and Renault are now providing low- cost Digital instrument clusters in entry-level cars like Tiago, Nexon and Triber.
Till date, there is no option of adding a Digital instrument cluster as a Paid option while configuring a car like US and EU markets. For Example, one can opt for a 10-inch Digital cluster in VW T-Roc for ~$500 extra.
Going forward, Indian market will continue to witness growth in the analog market due to the need for extremely cost-effective clusters in the low budget vehicles, which constitute a significant chunk of the number of sales in the region.
The below list is of top selling vehicles in the region and the type of infotainment system incorporated in them
Brand | Model | Supplier | Type of Instrument Cluster | Technical Specifications |
Hyundai | I10 grand | Visteon | Hybrid/digital | The 13.46 cm digital speedometer with multi-information display such as gear shift, door and tailgate information and fuel availability. |
Hyundai | Creta | Continental | Hybrid/digital | 17.78 cm supervision cluster with digital display for speed, temperature and other vital information. |
Maruti | Dzire | Visteon | Hybrid | The cluster displays the clock, average fuel economy, power, torque, speed and vehicle alerts. |
Maruti | Baleno | Visteon | Hybrid | The multi-information display tracks the vital details of the vehicle such as the speed, fuel economy, vehicle alerts and temperature. |
Hyundai | Venue | Continental | Hybrid/digital | It has an advanced supervision cluster with IC light adjustment rheostat and tachometer which displays the speed and other vital information. |
Rising demand for electronic clusters with 2D and 3D graphics systems has increased the demand for the Automotive instrument cluster market.
The rise in demand for ADAS (advanced driver assistance system) and autonomous driving is expected to boost the market, as it requires a more sophisticated instrument cluster system.
Analog clusters are expected to become further cheaper and standard in basic trims across regions.
The number of instrument cluster units sold in the year 2020 was about ~64M and is estimated to reach XXM by the year 2026 growing at a CAGR of XX%
The Global Automotive instrument cluster market will grow from $34B in 2020 to $XXB in 2026 at a CAGR of XX%
Digital instrument clusters: Analogue gauges are being phased out in favour of digital displays, which provide improved visibility, customization, and interaction with other vehicle systems. Speed, gasoline level, engine temperature, navigation directions, media playback, and other information can be shown on digital clusters.
Augmented Reality Displays: Some automakers are testing augmented reality (AR) displays, which overlay information on the driver's perspective of the road ahead.
An augmented reality display, for example, may present navigation directions or traffic alerts immediately in the driver's line of sight, making it easier to maintain attention on the road.
Touchscreen Interfaces: Touchscreen screens are increasingly common in many modern instrument clusters, allowing drivers to interact with the vehicle's infotainment system, climate controls, and other amenities.
Touchscreens, as opposed to traditional buttons and knobs, can provide a more intuitive and user-friendly interface.
Voice commands are now supported by some instrument clusters, allowing drivers to communicate with the vehicle's systems without taking their hands off the wheel.
This can increase safety and convenience, particularly when performing duties such as making phone calls, adjusting the audio system, or entering a destination into the navigation system.
SI No | Timeline | Company | Developments |
1 | Q4-2021 | Apple | Apple is working on a new project called IronHeart which enables vehicle function controlling through the iPhone such as instrument cluster, radio, HVAC, power seats and many more. |
2 | Q4-2021 | Visteon Corporation | Visteon Corporation is partnered with Blackberry to develop next generation digital instrument cluster, telematics solutions and infotainment systems for automobiles, Visteon made multi year agreement with Blackberry to use QNX software to develop digital cockpit solutions. |
3 | Q3-2021 | Nobo Technologies | Nobo Technologies to use Blackberry's advanced digital cockpit controller for the next generation SUV Haval H6S, for the cluster display, infotainment, driver monitor system built using Blackberry QNX Neutrino Real time operating system and QNX Hypervisor. Q3 |
4 | Q3-2021 | Qt | Hyundai Motor Group is partnered with Finland's software solutions provider Qt, which supplies human machine interface(HMI) technology for the implementation of instrument cluster, rear entertainment systems and infotainment systems in its Kia and Genesis brand vehicles. Q3 |
With the R-Car Gen3e, Renesas Electronics Corporation (TSE:6723), a leading provider of innovative semiconductor solutions, has added a new family to its popular R-Car system-on-chips (SoCs).
The new R-Car Gen3e series of SoCs, which includes six new members, provides a scalable lineup for automotive applications that require high-quality graphics rendering, such as integrated cockpit domain controllers, in-vehicle infotainment (IVI), digital instrument cluster, driver monitoring systems, and LED matrix light.
It Increases CPU performance â the R-Car M3Ne, R-Car M3e, and R-Car H3e devices can now run at up to 2GHz.
NXP's instrument cluster portfolio ranges from low-cost entry-level solutions through 2D and 3D hybrid displays. Each solution includes a comprehensive set of hardware and software tools, as well as our broad ecoystem development tools.
Scalable Instrument Cluster platforms with low-power, line-based graphic processing, functional safety, embedded Hardware Security Module (HSM), and Over-The-Air (OTA) software updatability deliver a rich visual user experience at the lowest possible cost of ownership.
Automotive instrument clusters give drivers a consolidated and easy-to-read display with all of the vehicle's important driving data.
It's the driver's workspace, so a perfect cluster dashboard that can be safely updated and customised is essential.
On the market, Infineon provides an unrivalled spectrum of scalable instrument cluster platforms.
The TraveoTM and TraveoTM II microcontroller product families offer the highest scalability, supporting both traditional gauge and hybrid instrument clusters, as well as virtual instrument clusters.
The graphics engine within the microcontroller can operate on a line basis, which reduces the amount of memory required for graphics processing.
The TraveoTM II graphic MCU can support the virtual instrument cluster with a high resolution.
Performance and density scalability are provided by Infineon's SemperFlashTM and HyperRAMTM memory products to fulfil the needs of various instrument cluster systems.
These high-performance memory devices are suited for high-speed access and real-time graphics.
The low-pin-count interface significantly simplifies design and minimises PCB space, lowering design costs.
Visteon launches industry-first 3D cluster in new PEUGEOT 208.The all-new PEUGEOT 208 has the first entirely digital instrument cluster in the market, which displays holographic objects, thanks to Visteon Corporation, the industry's top supplier of automotive digital instrument clusters.
The instrument cluster is the first genuine 3D cluster produced for an automobile and is a part of PEUGEOT's distinctive 3D i-Cockpit.
The innovative "3D Blade" concept was developed in collaboration with Groupe PSA for Visteon's digital cluster, which uses cutting-edge reflection technology to provide the appearance of 3D images.
The cluster is made up of two high-definition thin-film transistors (TFTs): a 10.25-inch "background" TFT and a 7-inch "foreground" TFT projected on a semi-reflective blade.
A 15 mm or so 3D projection is produced between the front and back images by the leading-edge display.The first-to-market solution from Visteon introduces 3D technology to an intriguing vehicle sector with broad consumer appeal.
Next-generation human-machine interface (HMI) design success will depend on how crucial information is presented to the driver, since distracted driving continues to be a problem.
The PEUGEOT 208 cluster serves as an example of how all-digital clusters allow manufacturers' HMI designers to highlight important information for drivers by creating the impression of depth in displays.
The PEUGEOT 208 cluster's projection gives styling teams the freedom to add depth with revolving menus and shadow effects while, more crucially, providing the driver with a distribution of critical information, such as priority information like speed and alarms.
In ADAS modes or as 3D animations in a variety of customizable colours and skins, the display also enables animations to move dynamically from the foreground to the background.
The PEUGEOT 208 3D cluster is the first of numerous models in the Groupe PSA brand lineup to be released in a variety of sizes .
The PEUGEOT 208 3D cluster, which shares the same platform as the DS3 CROSSBACK instrument cluster and has two TFTs surrounded by tell-tale satellites, provides high-quality graphical content with animations and 3D content on both screens in a complicated and calibrated mechanical framework.
This gives the driver a true sense of depth without distraction. The 3D technology is available on higher-end models of the new PEUGEOT 208, while the entry-level model comes with an analogue cluster, which is also produced by Visteon.
A cutting-edge vehicle instrument cluster system called "VisionPanel" was created by Harman International, a famous global technology and audio business. To improve the driving experience, safety, and connectivity in contemporary automobiles, this ground-breaking product embodies cutting-edge technologies and design ideas.
VisionPanel is a digital instrument cluster that uses high-resolution digital screens in place of conventional analog gauges as its main component. It acts as a central information hub for the driver, displaying vital vehicle information like speed, fuel level, navigational guidance, and more in an aesthetically pleasing and user-friendly way.
The information displayed on the cluster can be customized by the driver to suit their preferences and requirements. The augmented reality capabilities of VisionPanel are one of its most notable features. This device can add crucial information to the driver's line of sight by fusing real-time data with the live image of the road ahead. It is unnecessary for drivers to switch their attention between the road and the dashboard when navigation instructions, speed limits, and collision alerts may all be projected right onto the windshield. Additionally, VisionPanel does more than just display facts.
By incorporating advanced driver assistance system warnings, it adds to the overall safety of the vehicle. The cluster can immediately notify the driver to potential threats detected by the car's sensors, such as an oncoming collision or lane departure, allowing the driver to respond quickly and with knowledge. Another crucial component of VisionPanel's design is connectivity.
The cluster transforms into a portal to the larger digital environment of the car through seamless connection with smartphones and other smart devices. While maintaining their primary focus on the road, drivers can use voice commands or intuitive touch controls to access music, texts, navigation apps, and more. To blend perfectly with contemporary car interiors, VisionPanel's design elements were painstakingly developed.
With the general arrangement of the cockpit, its sleek, minimalist form fits in perfectly. In addition to improving the aesthetics, this lessens clutter and distractions, promoting a safer driving environment. VisionPanel was created with Harman International's commitment to sustainability in mind.
A cutting-edge device called "OpenAir" was created by Visteon, a top global supplier of automotive technology. In order to improve the driving experience for both drivers and passengers, it represents a cutting-edge approach to automobile cockpit design and functionality. By seamlessly fusing these parts into a single digital interface, OpenAir reimagines the conventional ideas of an automobile's instrument cluster and entertainment system.
The term "OpenAir" connotes a feeling of openness and freedom, which reflects the product's emphasis on creating a more immersive and connected experience within the confines of a vehicle. OpenAir's fundamental functionality entails the integration of essential driver data, entertainment options, navigation, and connection into a single, seamless platform.
The interface's user-friendly layouts and intuitive design make it possible for users to customize their driving experience. OpenAir lessens driver distraction and offers simple access to crucial information and controls by seamlessly integrating diverse tasks.
S No | Company Name | Development |
---|---|---|
1 | Bosch | Electronic Services by Bosch service parts for the widest range of automakers, including BMW, VW, Ford, Mercedes, and Porsche, so they can provide services of OEM caliber. The display element, also known as the instrument cluster, manages mechanical (sensor) data as well as electronic data from the engine control unit, anti-lock brake system, and electronic stability program. |
2 | Spark Minda | Fuel gauge instrument cluster ct 100 the Spark Minda, pmeter assembly is made in accordance with established industry standards using materials of the highest caliber and cutting-edge equipment. Additionally, it is rigorously examined at various stages by the quality controllers to guarantee the end users of its flawlessness. lengthy service life is a feature. |
3 | Panasonic | Intuitive, vibrant digital clusters made by tier one manufacturer Panasonic graphically communicate important vehicle information at a glance, allowing drivers to concentrate on the road ahead. Mechanically, they continue to produce thinner, lighter clusters that nonetheless adhere to strict standards for thermal emissions. |
Boschâsinstrument cluster, the display element essentially consists of various sub-elements, such as the speedometer, distance counter, or gasoline tank level indicator, all of which digitally display information and warnings.
This type of functionality makes a significant contribution to road safety by giving drivers the crucial direction they need to make the proper choices in traffic.
In response to the constantly changing design criteria ofPanasonic'scustomers, the excel at packaging the clusters in a number of configurations. This includes unusual corner-cut digital displays that have been adopted by the OEM customer and are slated for installation, as well as extra-wide, curved, and progressively thin clusters.
The cutting-edge, in-house toolchain increases productivity throughout the design stage of the optical, electrical, software, and mechanical systems that make up the final, assembled clusters.
SI No | Timeline | Company | Developments |
1 | Jan 2021 | Pricol | Pricol to invest Rs 500 crore in acquisitions to achieve its revenue target of Rs 3,000 crore by 2020
|
2 | October 2021 | Qualcomm | Qualcomm said that it will purchase part of auto components supplier Veoneer in a transaction valued at $4.5 billion, as the chipmaker dives deeper into the car market. |
SI No | Timeline | Company | Developments |
1 | Q4-2021 | Spark Minda & Stoneridge | Automotive components manufacturers for OEMs Spark Minda and automotive electronic components and system supplier Stoneridge are joint ventures since 2004, Minda Group acquired a major stake in Stoneridge JV to take ownership of instrument cluster and sensor business. |
2 | Q4-2021 | Spark Minda | Leading automotive components supplier Spark Minda invested $100 million for three years to expand its business by acquisitions by transforming auto parts supplier to systems supplier. The industry is growing 28% year over year for the quarter. |
3 | Q2-2021 | Candera GmbH & Varroc Engineering | Global human machine interface(HMI) technology provider Candera GmbH, is partnered with auto component manufacturer Varroc Engineering Limited, by signing a MoU(Memorandum of Understanding) agreement. Candera will supply software solutions in HMI and Varroc will develop hardware for the TFT instrument cluster. |
As many OEMs such as Volkswagen Group, Toyota, GM aim to move the development of their cluster systems in-house in order to unify their platform for cockpit solutions, we expect a big transition in the market with suppliers for cluster systems needing a higher level of collaboration with OEMs in order to stay in the race to provide innovative solutions.
Continental and Visteon hold the majority of global market share and are the leading manufacturers in this sector. Some of the other players are Denso (Japan), Bosch (Germany) and Magneti Marelli (Italy).
Qualcomm and Mentor Graphics (US) have been providing software platforms for digital instrument clusters. Pricol from India has been the leading instrument cluster manufacturer for 2 wheelers.
In China, Desay SV, Visteon and Bosch are strong players holding a significant market share.
All suppliers must look to capitalize on the two prominent trends
Continental is a leading player in many regional markets and the leader in India where it has more than 30% share in the passenger car market.
Continental has signed a strategic agreement with Pioneer Corporation to integrate Pioneerâs entire infotainment subdomain for cockpits with the companyâs instrument cluster high performance computer.
The development of this technology is aimed primarily for the Asian market. The company also recently released the half-yearly financial report for the first half of the year 2021 with the sales worth $23.7 billion which was an increase from the previous year which reported $19.5 billion for H1 of 2020.
The sales of the automotive technology department was $9.2 billion for the same term, an increase from the H1 of 2020 which reported $7.9 billion worth sales.
The leading manufacturer of instrument clusters, Visteon recently announced the fiscal results for the second quarter of the year 2021.
The company recorded net sales worth $610 million which was a whopping 59% year on year increase from the Q2 of 2020 reporting net sales worth $371 million.
company also announced that Geely Autoâs new Xingyue L flagship SUV will be the first production vehicle to incorporate the intelligent cockpit system developed with Qualcomm technologies and ECARX.
Denso Corporation recently released the first quarter results for the fiscal year 2022 with the total consolidated revenue of $12.3 billion which was a 77.3% increase from the previous year same quarter.
The company also stated that the revenue has significantly increased due to the recovery in sales of vehicles and production activities from the COVID-19 pandemic.
The company announced the development of future cockpit system technologies based on HMI. The cockpit system will be in a curved display with organic OLED.
The system will use AR superimposition technology to ensure quick and intuitive recognition, minimise driver disturbance and help in eliminating errors.
In the year 2020, Denso Corporation announced a strategic joint venture with Qualcomm Technologies to develop the next generation cockpit systems.
The primary task of the venture is to enhance the Harmony Core 4 which is an integrated cockpit system that has the capabilities to coordinate with external cloud based services and new HMI products.
Qualcomm Incorporated announced the acquisition of NUVIA, a leading CPU and technology design company, by its subsidiary Qualcomm Technologies for $1.4 billion.
With the acquisition, the company has plans to integrate the next generation CPUs across a wide variety of products such as digital cockpits, smartphones, laptops as well as ADAS systems.
The company also announced the third quarter financial results for the year 2021, with revenue worth $8,060 million which was a whopping 65% increase from the revenue of the same quarter of the year 2020 recorded as $4,893 million.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |