Global Electric Vehicle Instrumentation Panel Market 2024-2030
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Global Electric Vehicle Instrumentation Panel Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

ELECTRIC VEHICLE INSTRUMENTATION PANEL MARKET

 

INTRODUCTION

The cluster has many driving modes and changes depending on the driving mode; the digital instrument cluster has become smarter. The price of the instrument cluster is anticipated to reduce in the future as the total display system of the vehicle develops with the introduction of numerous display systems.

 

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The goal of the instrument cluster is to give the driver the most recent information possible while they are driving. Gauges are used to measure heat, fuel, speed, distance, and all of these. 

 

ELECTRIC VEHICLE INSTRUMENTATION PANEL MARKET DEVELOPMENTS AND INNOVATIONS

Today, a large number of vendors are creating digital instrument clusters tailored to EV needs. Global automakers are finding new growth opportunities because of the increased popularity of electric vehicles (EVs), which is mostly due to rising pollution and oil prices.

 

The upgraded gesture control and voice recognition capabilities of the new features are intended to keep the driver fully aware of the performance of the vehicle.

 

Over the past ten years, conventional analogue clusters have been fast being replaced with digital clusters in automobiles. The ability to design sportier and more beautiful digital dashboards has given manufacturers new creative outlets as a result of the shift in consumer preferences

 

Consequently, one of the most prominent instrument cluster market trends in the upcoming years will be the digitization of instrument clusters in high-end vehicles.

 

ELECTRIC VEHICLE INSTRUMENTATION PANEL MARKET COMPETITIVE LANDSCAPE

Automobile instrument clusters are expanding quickly. Greater size and higher resolution are features of the new instrument clusters. Huge mechanical displays gave way to electromechanical, and now they are entirely digital. The age of driverless vehicles and ADAS has arrived in the automobile industry.

 

Growing ADAS car production in response to increased passenger comfort and safety awareness and government legislation requiring safety features is anticipated to fuel market demand. 

 

Renseas –Embien is a leading mobiliser of the equipment in the market. The latest integration has been In addition to providing the essential vehicle information; the Renesas RL78 ultra-low power microcontroller (MCU) enables customers to build small, energy-efficient instrument clusters for a variety of two-wheeler and four-wheeler vehicles.

 

It can also give vital indications of electrical component malfunctions (EFI/ISG related). Clusters can obtain car data using both straightforward technologies like encoders and more complicated interfaces like CAN, SAEJ1850, etc.

 

Embitel is part of the component manufacture trending companies in the current industry. The technological advancement that has sparked this paradigm change in the automotive sector is connected digital instrument clusters.

 

It permits the accurate and timely display of vehicle parameters to the driver in order to reduce driver distraction and improve the overall driving experience.

 

It uses device virtualization technology to segregate the operating system and only shows the most crucial information in the least distracting way to prevent driving distraction (OS).

 

ELECTRIC VEHICLE INSTRUMENTATION PANEL MARKET COMPANIES PROFILED

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix