Global Construction Equipment Instrument Cluster Market 2020-2025

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    GLOBAL CONSTRUCTION EQUIPMENT INSTRUMENT CLUSTER MARKET 

     

    KEY FINDINGS 

    • Considering the construction machinery’s work environment OEM’s prefer different types of Instrument clusters in different machinery for better Productivity in field operations. 
    • In India, companies offer LCD color display with only required meters in equipment.  
    • Coming to US and Europe, companies design sophisticated clusters with heavy details and assist functions making operator-friendly feedback system. 
    • Industry is upgrading to innovation in the telemetry’s field, new technologies like Co-pilot assist and autonomous operations are emerging. 

     

    INTRODUCTION 

    Instrument cluster houses the various displays and indicators that enable a driver to operate the vehicle. Among these are several gauges – often a speedometer, odometer, tachometer, oil pressure gauge, fuel gauge, Hydraulics data and Service repair etc. – as well as various indicators for system malfunctions and warnings. Instrument clusters provide drivers with a centralized and easily viewable location for displaying all critical system information. 

    OEM’s are shifting to digital instrument cluster making possible to present a wide variety of information to the driver that is adapted dynamically to suit the current operating situation. The digital cluster is ideal for a wide range of possible application scenarios, including conventional tachometer displays, function displays, route planning graphics, or displaying video from a rear-view camera, the driver is always shown exactly the right information when needed. That ensures less distraction and helps reduce the accidents while operations. The information will be very easy to read in all situations and less prone to errors. 

     

     

     

    MARKET DYNAMICS

    Instrument cluster offered by OEM’s are highly customizable as single machinery is used for different type of operations. Coming to the hydraulics, operator can pre-set the hydraulic flow and pressure through in-cab monitor. Some features like Load assist, Co-pilot assist, Live location and camera mounted on Vehicle exterior attract customers for managing their fleet. 

    But currently customers want more than the basics these days, like insight into machine figures in their total fleet management, and construction companies are responding to use the equipment as effectively as possible. As a feedback OEM’s can make improvements in their upcoming fleet. 

     

    GLOBAL CONSTRUCTION EQUIPMENT INSTRUMENT CLUSTER MARKET SIZE AND FORECAST

     

    Global construction equipment Instrument cluster market is estimated with $XX Million currently, growing at XX% CAGR till 2025. 

     

    COMPETITIVE LANDSCAPE

    Trimble has introduced a new machine control system for drilling and piling work that provides centimeter-level accuracy and stake less navigation. The system has a large touchscreen with an intuitive interface is easy to learn as it has colorful graphics and natural gestures. The display offers a variety of configurable views and software functions. 

    Caterpillar has new touchscreen technology in their newly released Dozers, with a stack of two 10-inch touchscreen displays, a grade control display and a machine monitor. 

    Volvo have Operator coaching to ensure operators to use the machines to full potential and have intuitive apps which provides real-time guidance to operators, helping them understand how their actions influence machine productivity and efficiency, as well as identify areas for improvement or changes in their technique. 

     

     

    COMPANY PROFILES

     

    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, 2020-2025
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
    19 Market Segmentation, Dynamics and Forecast by Application, 2020-2025
    20 Market Segmentation, Dynamics and Forecast by End use, 2020-2025
    21 Product installation rate by OEM, 2020
    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, 2020
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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