Global Automotive Instrument Cluster Market 2024-2030

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    AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    KEY FINDINGS

     

    1. Analog instrument clusters are expected to have a slower growth and gradually be phased out in all trims of premium and mid segment cars by 2030
    2. China accounted for close to 26% of the worldwide analog cluster sales of about 7.2M units in year 2023
    3. Emerging market such as India as Latin American countries will continue to see growth in the analog market due to its implementation in lower segment vehicles
    4. Volume growth of hybrid cluster will be dominated in emerging markets such as APAC countries and Latin America due to increasing adopting in mid-segment vehicles by indigenous OEMs
    5. USA, China and Europe are estimated to see lower growth in hybrid cluster as compared to digital cluster due to direct transition from analog to completely digital cluster in most trims
    6. The growth of the EV market will be a strong factor to influence the growth of the digital instrument cluster market
    7. Among Top selling OEMs Honda and Hyundai had the higher share of digital instrument clusters.
    8. Hybrid Instrument Cluster was the most popular type in the US and Europe as almost every OEM had the majority of vehicles equipped with hybrid type. 
    9. Integrated cockpit domain controllers, head-up display and driver assistance features are expected to get integrated into the cluster in the forecast period 
    10. Visteon along with Nippon Seiki, Denso and Magnetti Marellli account for XX% of the market
    11. Eye tracking and turn-by-turn navigation integration into the cluster, which is already implemented by few OEMs will influence the price rise in this segment
    12. In July 2021, Visteon Corporation announced a joint venture with Cerence Incorporation, an AI developer. The venture is set to integrate Cerence’s conversation AI system with the company’s SmartCore product to feature Voice-enabled cockpit solutions for two-wheelers.
    13. In January 2021, Qualcomm Technologies announced the launch of its next generation digital cockpit solutions with the 4th generation Qualcomm Snapdragon automotive cockpit platform
    14. Continental has signed a strategic agreement with Pioneer Corporation to integrate Pioneer’s entire infotainment subdomain for cockpits with the company’s instrument cluster high performance computer.
    15. The top spot in the market among suppliers 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%

     

    INTRODUCTION TO AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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 driver’s 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). 

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    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.

     

    AUTOMOTIVE INSTRUMENT CLUSTER MARKET SEGMENTATION

     

    By Technology

    • Analog
    • Digital
    • Hybrid

     

    By OEM

    • GM
    • Toyota
    • Hyundai-KIA
    • Renault-Nissan
    • Honda
    • VW
    • BMW
    • Audi
    • Daimler
    • 20 other OEMs

     

    By Vehicle Type

    • Passenger Cars
    • Commercial Vehicles
    • Two Wheelers

     

    By Geography

    • US
    • Europe
    • India
    • ASEAN
    • China
    • Japan
    • ROW

     

    AUTOMOTIVE INSTRUMENT CLUSTER MARKET DYNAMICS

     

    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.

     

     

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    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 automotive cockpit 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 company’s 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 – often an MCU – 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.

     

    AUTOMOTIVE INSTRUMENT CLUSTER MARKET BASED ON TECHNOLOGY

     

    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:

     

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    AUTOMOTIVE INSTRUMENT CLUSTER MARKET BY VEHICLE TYPE

     

    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.

     

    US AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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. 

     

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    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.

     

    EUROPE AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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.

     

    • Among French OEMs, Renault offers a 7- inch TFT Display on many top-selling vehicles but not on its Budget brand Dacia. PSA group offers Digital instrument cluster on best-selling SUVs like 208,3008 and 2008.

     

    • EV push by OEMs such as Polestar, Daimler, BMW and others is a strong factor to the growth of the value market especially in the digital cluster segment.

     

    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.

     

     

    CHINA AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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.

    • The Toyota Corolla, Honda Civic and Geely Emgrand EC7 are among the top selling vehicles which had a 100% penetration of hybrid clusters
    • Indigenous models such as Haval H6, Geely Boyue and the BAIC EU series were among the top selling cars which featured a complete penetration of full digital clusters

     US and China are the market where Toyota had most penetration of new gen digital clusters in a higher percentage of trims

     

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    JAPAN AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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.

     

    INDIA AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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. 

     

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    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.

     

    AUTOMOTIVE INSTRUMENT CLUSTER MARKET SIZE AND FORECAST

     

    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.  

     

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    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%

     

    TECHNOLOGICAL ADVANCEMENT IN AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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.

     

    AUTOMOTIVE INSTRUMENT CLUSTER MARKET TRENDS

     

    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 

     

    • In July 2021, Visteon Corporation announced a joint venture with Cerence Incorporation, an AI developer. The venture is set to integrate Cerence’s conversation AI system with the company’s SmartCore product to feature Voice-enabled cockpit solutions for two-wheelers. The system will be launched in agreement with a leading motorcycle manufacturer in the year 2024, it will offer a 12-inch display screen with connected apps and cloud software download capabilities.
    • In January 2021, Qualcomm Technologies announced the launch of its next generation digital cockpit solutions with the 4th generation Qualcomm Snapdragon automotive cockpit platform. The system will utilise the 5 nm processing technology to provide automakers with one of the highest performance system-on-chip (SoC) with a low power thermal profile integrated with the company’s Car-to-cloud soft SKU capabilities.
    • In January 2021, Qualcomm Technologies with its subsidiary NIO announced the agreement to develop the latest digital cockpit technologies in NIO’s first flagship sedan NIO ET7. The vehicle will be available from the year 2022 featuring the 3rd generation Qualcomm snapdragon with 5G platform. 
    • Qualcomm Technologies has announced an agreement with Amazon to integrate Alexa custom assistant with Qualcomm snapdragon automotive cockpit platform. It will be available in the company’s 3rd and 4th generation platforms.
    • Panasonic has developed a concept for advanced cockpits which will feature multiple displays as well as touchless operation. The electronic cockpit solution offers an innovative digital instrument cluster with other displays using HMI.
    • Continental, HERE and Leia Inc are partnering to bring three-dimensional navigation into display solutions for vehicle cockpits
    • Electric vehicle industry will strongly influence the growth of the digital cluster market due to the need for consolidation of entire cluster system in the vehicle 
    • China accounts for close to 10% of the worldwide analog cluster sales of about 7.2M units in year 2020, making it the single largest market in terms of volume 
    • With the introduction of Nissan Ariya in US, Nissan Magnite in APAC and continued influence of Nissan Leaf in EU the company will strongly influence digital and hybrid instrument cluster numbers 
    • 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% 
    • USA, China and Europe are expected to see lower growth in hybrid cluster as compared to digital cluster due to direct transition from analog to completely digital cluster in most trims 
    • Continental has introduced a glass free 3-D display technology to be implemented in upcoming Genesis GV80 models.
    • Continental India reached an annual milestone of production and sales of 1 million instrument clusters in 2018.
    • Bosch’s curved instrument cluster, first of its kind is installed in Volkswagen Touareg, it is expected to benefit the drivers by improving the visibility.
    • In the year 2019, Visteon Corporation announced the launch of a digital instrument cluster to be incorporated in PEUGEOT 208. The unique 3D i-cockpit will come equipped with a pair of TFTs to provide graphical content with 3D animations as well as content on both screens.

     

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    RECENT LAUNCH IN THE AUTOMOTIVE INSTRUMENT CLUSTER MARKET

     

    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 — 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.

     

    NEW LAUNCH

     

    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.

     

    RECENT PRODUCT DEVELOPMENT AND INNOVATION

     

    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.

     

    RECENT DEVELOPMENT AND INNOVATION

     

    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.

     

    Bosch’s instrument 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 of Panasonic’s customers, 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. 

     

     

    AUTOMOTIVE INSTRUMENT CLUSTER MARKET COMPETITIVE LANDSCAPE

     

    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

    • The legislative growth of the EV market will be a strong factor to influence the growth of the digital instrument cluster market
    • Need for integration with smartphones as well as the infotainment systems will drive OEMs to introduce a simplified cockpit solution to their newer models.

     

    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 Pioneer’s entire infotainment subdomain for cockpits with the company’s 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 Auto’s 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.

     

    THIS AUTOMOTIVE INSTRUMENT CLUSTER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    • The growth rate of the Automotive Instrument Cluster Market until 2030
    • The key factors which drive the growth of the Automotive Instrument Cluster Market
    • Automotive Instrument Cluster Market segmentations based on vehicle type, type of cluster and region 
    • Automotive Instrument Cluster Market sizing for different segmentations and the market dynamics in different regions 
    • Prominent market players, market dynamics with OEMs as well as forecasted opportunities for Automotive Instrument Cluster Market or component suppliers
    • In-depth financial analysis of the cluster market as well as the leading Automotive Instrument Cluster Market players
    • Competitive landscape of the Automotive Instrument Cluster Market and the changing needs of the automotive industry in this space 
    • Extensive analysis on the growth drivers, risks and trends in major regions as well as for OEMs 
    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
       
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