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The global automotive digital instrument cluster market was valued at $2.0 billion in 2017, which is expected to reach $6.6 billion in 2023, growing at a CAGR of 21.8% during 2018–2023.

Among all regions, Europe was the largest automotive digital instrument cluster market during historical period. The sales of automotive digital instrument clusters are dependent on the sales of premium and electric cars, as these cars are installed with digital instrument clusters. Europe accounts for the significant share of premium car sales in the world, which in turn, increases the automotive digital instrument cluster sales in the region.

A major trend observed in the automotive digital instrument cluster market is the integration of big display-based digital instrument clusters in automobiles. A larger panel gives a wide-view and is better for quick viewing of information. In addition to these benefits, costs of large liquid crystal display (LCD) panels and the central processing units (CPUs) are expected to reduce, increasing the demand for large display-based digital instrument clusters. Players operating in the market are increasingly adopting large-sized display-based digital instrument clusters. For example, BMW, which earlier used small-sized partial digital instrument clusters, such as in 2010 BMW 7 Series, has expanded to a full digital instrument cluster of size greater than 12 inches across its 7 and 5 Series.

Increasing sales of premium cars is one of the major drivers for the automotive digital instrument cluster market. The demand for premium cars is increasing in many countries, due to increasing disposable incomes. In 2017, the sales of Mercedes-Benz model cars increased to 2.29 million. Similarly, the sales of BMW cars increased by 4.2% in 2017. The global sales of other high-end cars, including Lexus, Land Rover, Volvo Cars, Cadillac, Infiniti, Audi, and Porsche, increased by nearly 5% in 2017. Moreover, due to rising competition in the premium car market, car manufacturers are integrating innovative human–machine interface (HMI) products and features in car cabin, thus increasing the penetration of digital instrument clusters in the cars. Hence, the increasing demand and sales of premium cars are resulting in the growth of the market.

Based on type, the thin-film transistor liquid crystal display (TFT-LCD) category accounted for more than 60% revenue share in the digital instrument cluster market in 2017. Increasing demand for high contrast displays increases the sales of TFT-LCD displays, globally.

On the basis of size, the screen of size between 9 inches and 11 inches provides the best cost-to-value ratio to automakers, and hence, this category accounted for the largest volume share, and dominated the digital instrument cluster market in 2017.

Based on car, the conventional car category (using only internal combustion engine) is accounted for a larger share in the automotive digital instrument cluster market, due to greater sales of these cars than electric cars.

Geographically, the APAC automotive digital instrument cluster market is projected to attain the fastest growth during the forecast period. The share of APAC in the global digital instrument cluster sales is low till now, as the number of premium cars sold in the region is less compared to Europe and North America. However, the region is the largest electric car market in the world, which benefits the sales of digital instrument clusters. Also, the growing sales of premium cars in the region will further benefit the automotive digital instrument cluster industry in coming years.

The global automotive digital instrument cluster market is characterized by the dominance of international players, such as Continental AG and Visteon Corporation. Besides, other players include Magneti Marelli S.p.A., Robert Bosch GmbH, Delphi Automotive PLC, DENSO Corporation, Yazaki Corporation, and Nippon Seiki Co. Ltd. Furthermore, some of the major key suppliers include NVIDIA Corporation, Panasonic Corporation, and Intel Corporation.

In recent years, major players in the automotive digital instrument cluster market have taken several strategic measures, such as partnerships and product launches, to gain a competitive edge in the industry. For instance, in January 2018, Visteon Corporation and China Automotive Engineering Institute signed a strategic cooperation agreement for the development of autonomous vehicles and cockpit electronics, using Visteon’s DriveCore technology platform showcased in Consumer Electronics Show (CES) 2018, which are planned to be launched in 2020. As per the agreement, both the companies would explore the opportunities in instrument clusters, touch screen displays, head-up displays (HUD), and domain controllers, using the platform.

The industry"s first instrumentation cluster MCU with on-chip TFT display driver revamps graphic display capabilities in the low-end automotive dashboard realm.

The global automotive digital instrument cluster market size was around USD 2.72 billion in 2021 and is estimated to reach USD 10.55 billion by 2030, expanding at a CAGR of around 18.2% during the forecast period, 2022 to 2030. The growth of the market is attributed to the increasing consumer demand for electric vehicles (EVs) and high-end passenger vehicles.

The digital instrument cluster in automobiles can be connected to the internet and they can perform a range of functions for drivers and passengers to enhance their overall travel experience. The quality of display and technology used in digital instrument clusters can enhance the premium value of the vehicle and enable automobile manufacturers to provide add-on value services to their customers on a daily basis.

The digital instrument cluster is advantageous over the traditional analog instrument cluster as it provides the latest and most accurate information about the vehicle to the drivers. The real-time update of the information on digital displays ensures fewer distractions while driving and also aids in minimizing accident risks.

Customizable and safety features are rising in the automotive digital cluster instrument of passenger and luxury vehicles. The information provided by the digital instrument cluster can be viewed as well as listened to, which makes it possible for anyone to easily understand it. Moreover, the information can be customized or personalized based on the requirements to understand it in a single glance.

The global automotive digital instrument cluster market is showing good recovery signs post the ease of lockdown regulations by the governments as well as increased digitization and the rise of internet availability across the globe.

The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global automotive digital instrument cluster market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2022 to 2030.

Consumer preference for buying anelectric vehicleis growing sharply across the world. The rising sales of electric vehicles (EVs) are giving a boost to the global automotive digital instrument cluster market. Electronic automobile manufacturers are adapting to the superior displays and technology in the digital instrument cluster to provide customers with a premium and comfortable experience.

The driving assistance functions offered by the digital instrument cluster are highly superior to the traditional analog instrument cluster in vehicles. The screens display high quality images to the drivers and passengers in order to help them stay better informed about their travel.

Information such as distance covered or remaining, fuel or battery levels, and current location details are consistently provided by the digital instrument cluster in the electric vehicles. The demand for premium experience with the

Quality automotive instrument cluster solutions offer enhanced safety to the vehicles and ultimately to their passengers, which is why the preference for digital solutions is increasing among automobile customers. Digital instrument clusters are easy to understand and do not require much attention, as the information can be understood within a fraction of a second.

The analog instrument cluster requires effort to understand, which is not always possible for drivers when they are driving for hours. An advantage provided by digital systems in vehicles is much higher than the traditional analog instrument cluster, which is expected to drive the demand in the global automotive digital instrument cluster market during the forecast period.

Along with the improvement in digital technology and hardware used for automotive digital instrument clusters, the cost required for them is also increasing. The high cost required for digital instrument clusters is expected to hamper the global market growth in the coming years. The high cost needed for high-definition displays, integrated circuits, and their maintenance is estimated to restrain the global automotive digital instrument market growth in the coming years.

The rising innovations with the help of technological advancements in the automotive digital instrument cluster are anticipated to create opportunities for global market growth. Globally, there is intense competition among key market players to build unique and attractive automotive digital instrument clusters to enhance customer experience.

The rising use of technological advancements in enhancing the luxury feel of the vehicle is expected to help the global automotive digital instrument cluster market expand in the coming years.

The global automotive digital instrument cluster market research report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Vehicle Type(Two-Wheeler, Commercial Vehicles, Passenger Vehicles, and Electric Vehicles), Display Type (OLED, TFT-LCD, and LCD), and Display-size(5-8 Inch, 9-11 Inch, and > 12 Inch)

Based on the vehicle type, the global automotive digital cluster is categorized into two-wheeler, commercial vehicles, passenger vehicles, and electric vehicles. The electric vehicles segment is expected to showcase rapid growth in the market, owing to the increasing sales of electric vehicles in the automotive industry. Electric vehicles run on batteries and are less hazardous to the environment.

The passenger vehicles segment is also projected to grow rapidly in the global market. The segment growth is attributed toincreasing sales ofpassenger carsin emerging economies such as India and China. The rising disposable income, improved lifestyle, and fast-growing urbanization is driving the demand for passenger vehicles in developing countries, which is expected to boost the segment growth in the global automotive digital instrument cluster market in the coming years.

On the basis of display type, the global market is segmented into OLED, TFT-LCD, and LCD. The TFT-LCD segment is expected to hold the major share of the global market owing to the rising use of TFT-LCD displays in passenger vehicles and luxury vehicles.

TFT-LCD (Thin-film-transistor liquid-crystal display) uses thin-film transistor technology for improving the picture quality including contrast and addressability. TFT-LCD display provides high-quality crisp graphics and requires low cost owing to which its demand is anticipated to grow in the global automotive digital instrument cluster market.

The OLED segment is projected to grow second fast in the global market owing to their rising use in luxury electric vehicles’ digital instrument cluster. TheOLED displayhas superior picture quality and brighter displays compared to LCD and TFT-LCD displays. The increasing demand for OLED displays in high-end vehicles is anticipated to drive segment growth during the projection period.

In terms of display size, the global market is divided into5-8 Inch, 9-11 Inch, and > 12 Inch. The > 12-inch segment is projected to expand at the fastest pace during the forecast period. The segment growth is attributed to the growing need for bigger displays in the digital instrument cluster of electric vehicles as well as passenger vehicles. The bigger display enables multiple applications to run at the same time on the screen, and also ensures ease of grasping information displayed on the screen.

On the basis of region, the global automotive digital instrument cluster market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific region led the market in 2021 and is projected to dominate the market during the forecast period.

The luxury cars come with the latest and unique digital instrument cluster to significantly aid the driver and passengers in enhancing their overall travel experience.

Key players competing in the global automotive digital instrument cluster market are Robert Bosch GmbH; Japan Display Inc.; Continental AG; Visteon Corporation; Delphi Technologies; DENSO CORPORATION.; Innolux Corporation; Nippon Seiki Co., Ltd.; NVIDIA Corporation; HARMAN International; Marelli Holdings Co., Ltd.; Pricol Limited; Simco Ltd; Yazaki Corporation; TOSHIBA CORPORATION; Panasonic Industry Co., Ltd.; IAC Group; SHARP CORPORATION; ALPINE ELECTRONICS, Inc.; Mitsubishi Electric Corporation; and LUXOFT.

On November 09, 2021, NVIDIA Corporation, Founder and CEO, Jensen Huang announced NVIDIA DRIVE Concierge and DRIVE Chauffeur. Both of these are artificial intelligence (AI) platforms intended to remove the hassles and stress of everyday driving by providing assistance through the digital instrument cluster in the car.

The Automotive Digital Instrument Cluster Market Size is expected to grow with a CAGR of 20%. In an automobile, the electronic display, also known as the digital display cluster, is a digital panel that displays information such as the vehicle speed, engine rpm, gasoline capacity, and used fuel from the fuel tank. The primary goal of an electronic consolidated panel (automotive digital instrument cluster system) is to deliver exact information about vehicle functionality-related factors in a visually appealing style to the driver. The necessity for such a system is the consumer"s desire to have a complete understanding of the vehicle and its operation at a glance. The analog instrument cluster systems of the past were frequently deceiving and perplexing due to the huge margin for error in their operation leasing to increased Automotive Digital Instrument Cluster Market Share and Automotive Digital Instrument Cluster Market Growth. While driving, the driver has a limited amount of time to look at the analog instrument reading panel and digest the information. The digital system gives straightforward and easy-to-understand information, greatly improving the entire driving experience with increased Automotive Digital Instrument Cluster Market Trends.

The COVID-19 pandemic"s global expansion has had a significant influence on the market for vehicle instrument clusters during the Automotive Digital Instrument Cluster Market Analysis. The virus"s spread has impacted almost every industry on the planet. Lockdowns have been enacted by governments in various nations, forcing citizens to stay at home and reducing physical connections between people, and increasing Automotive Digital Instrument Cluster Market Revenue. Companies have enabled workers to work from home to guarantee company continuity during the COVID-19 pandemic, which is projected to restrain the growth of the automotive instrument clusters market throughout the research period. The growing emphasis on remote working has stifled the expansion of the Automotive Digital Instrument Cluster Industry, which is expected to stifle the Automotive Digital Instrument Cluster Market. The COVID-19 situation has caused manufacturing activities in the worldwide automotive sector to be affected. Over the Automotive Digital Instrument Cluster Market Forecast period, the movement in consumer preference toward necessary products is predicted to have an impact on the automotive instrument clusters market. Furthermore, the COVID-19 epidemic has resulted in international borders being closed, resulting in a significant drop in global demand for vehicle instrument clusters.

The rise of the Automotive Digital Instrument Cluster Market Size, Automotive Digital Instrument Cluster Market Share, and Automotive Digital Instrument Cluster Market Growth can be attributed to several factors. Some of them are fatigued drivers who become perplexed by the readings displayed on analog systems, the easily readable and understandable digital display panel, and vehicle service personnel who prefer these digital panels because of the precise and easy-to-read information display that aids diagnostic and vehicle repair. Economies of scale in the manufacturing and maintenance of these digital systems, as well as the mass production of thousands of cars, contribute to market growth. The market is predicted to rise due to factors such as rising demand for luxury vehicles, increased demand for digital instrument clusters in mid-level models from OEMs, and a decrease in the price of digital instrument clusters. They also assist in car repair and diagnostics by providing pertinent information display, ensuring driver safety and convenience. Furthermore, the development of autonomous and semi-autonomous cars is necessitating reconfigurable clusters, which will help the Automotive Digital Instrument Cluster Market Trends thrive. Several operational challenges in entirely digital clusters implemented in high-end automobiles are hampering the digital instrument cluster market for automotive. Due to extreme weather conditions, several cluster systems are unable to display high-quality images, regularly lose power, and have misfunctioning gauges; nevertheless, the development of high-resolution graphic displays and greater connection aids in overcoming these challenges.

The Automotive Digital Instrument Cluster Market Revenue may be hampered by cyber threats during the Automotive Digital Instrument Cluster Market Forecast. Technical obstacles, such as design complexity and enhanced graphics requirements, may represent a threat to Automotive Digital Instrument Cluster Market Demand during the Automotive Digital Instrument Cluster Market Analysis. However, one of the barriers in the automotive instrument cluster market is the high cost of the product, which is due to the market"s migration from analog to digital consoles. High expenses connected with internal components such as integrated circuits, power systems, and others contribute significantly to the cost, limiting the market"s potential. The potential of cyber-attacks from outside sources, which might result in a loss of vehicle control due to the digitization of such systems, is another challenge linked with the automotive instrument cluster industry.

Due to the increased adoption of premium and luxury vehicles, the market is likely to grow rapidly in the Automotive Digital Instrument Cluster Industry. Because of their low cost and widespread availability, analog instrument cluster systems are currently found in the majority of automobiles. However, these solutions" improved user engagement, customizable features, and management of driving assistance tasks are key components supporting the industry"s growth prospects. The cost of the instrument cluster is likely to reduce in the future as the vehicle"s total display system evolves with the introduction of numerous display systems. Vehicle instrument clusters are rapidly expanding. The new instrument clusters are larger and have a higher resolution than the previous ones. They"ve progressed from enormous mechanical displays to electromechanical displays and finally to fully digital displays.

The Automotive Digital Instrument Cluster Market is further bifurcated into various segments depending on various factors to help the market grow as per the predicted CAGR growth by the end of the Automotive Digital Instrument Cluster Market Forecast period. The market has been segmented based on the following:

The number of automobiles on the road in North America particularly in the United States and Canada has been steadily increasing. Customers here choose personal autos for carrying out their everyday tasks due to poor public transportation infrastructure. The Automotive Digital Instrument Cluster gives you more control and visibility over all of your vehicle"s parameters, making it an excellent riding companion for extended trips. Because of the large global participant, Japan in the Asia Pacific automobile market has always had a strong worldwide footprint. The assistance of a sophisticated digital instrument cluster is usually better for Japanese technologically advanced cars, especially with substantial sales in India and China. The European market has long been dominated by high-end vehicles, which are further enhanced by high-tech digital instrument cluster systems.

The Automotive Digital Instrument Cluster Market is highly consolidated and dominated by small Automotive Digital Instrument Cluster Market Key Players. Cluster makers are developing new technology for the future and expanding their market reach to deliver more information to the driver of main automobile digital instruments. The major Automotive Digital Instrument Cluster Market Key Players are as follows:

For the Volkswagen Touareg, Bosch showcased their curved instrument cluster. When compared to other traditional screens, this 12.3-inch instrument cluster reflects four times less light.

The report on the Automotive Digital Instrument Cluster Market Demand includes extensive primary research as well as detailed qualitative and quantitative analysis by various industry experts and key opinion leaders to gain a better understanding of the market and industry performance. The study depicts the current market landscape in detail, including historical and projected market size in terms of value and volume, technical advancements, macroeconomic considerations, and market controlling factors. It includes detailed information and plans for the industry"s top major players. The study also provides an overview of the various market categories and geographies.

In an automobile, an electronic instrument cluster, digital instrument panel or digital dash for short, is a set of instrumentation, including the speedometer, that is displayed with a digital readout rather than with the traditional analog gauges. Many refer to it either simply as a digital speedometer or a digital instrument cluster.

The first application of an electronic instrument cluster, in a production automobile, was in the 1976 Aston Martin Lagonda. The first American manufacturer application was the 1978 Cadillac Seville with available Cadillac Trip Computer. In the United States they were an option in many motor vehicles manufactured in the 1980s and 1990s, and were standard on some luxury vehicles at times, including some models made by Cadillac, Chrysler and Lincoln. They included not only a speedometer with a digital readout, but also a trip computer that displayed factors like the outdoor temperature, travel direction, fuel economy and distance to empty (DTE). In 1983, the Renault 11 Electronic was the first European hatchback to have a digital dashboard.Oldsmobile Toronado, Buick Riviera and Buick Reatta.

The first digital instrument clusters were considered to be unpopular during the years when they were widely produced, and were heavily criticized by reviewers in automotive magazines. Some of the criticism they received was as follows:

As a result of these issues, digital instrument panels were phased out of vehicles throughout the 1990s, and have been replaced with traditional analog gauges in most vehicles (with notable exceptions from French manufacturers Renault and Citroën), including those from luxury divisions. However, many vehicles are made today with a standard or optional trip computer located independently from the speedometer.

Most digital speedometers have had green numbers displayed on a dark green or black background. The 8th and 9th generation Honda Civic have a "two-tier" instrument panel. The upper digital dashboard with white numbers against a blue screen (the latter of which changes to green according to driving habits), digital fuel and temperature gauges. The lower dashboard has an analog tachometer and digital odometer. The 10th and present generation saw the two-tier design replaced with a single instrument panel, which in higher tiers is a fully digital and partially customizable design.

Since the mid-2010s and early 2020s, fully customizable digital instrument clusters have become popular. The modern implementation allows the driver to choose which information to project where and how in the instrument cluster, such as navigation aid, connected phone information and blind spot camera view.

Vehicle instruments have been augmented by software-powered display panels conveying information on display panels. Digital instruments present data in the form of numeric parameters, textual messages, or graphical gauges. Unlike the electro-mechanical instrument clusters of the past, these interactive displays are much more versatile and flexible.

Toyota is using electronic instruments for showing the cars parameters for its Yaris/Vitz model, the car employs a vacuum fluorescent display to indicate the speed, RPM, fuel level, odometer, etc.

The 2009 Lexus LFA was one of the first cars to utilize a modern LCD screen. Lexus claimed a digital speedometer was required since an analogue tachometer wouldn"t be able to keep up with the rev changes of the car"s engine.

The third generation Range Rover (L322) also introduced the first use and largest TFT LCD displays used on a production luxury SUV for the facelifted 2010, and end of the cycle model.

Electronic instrument clusters are being increasingly common features on railway vehicles, in which individual instruments are replaced by various forms of digital readouts. Early uses of instrument clusters often employed LEDs to display analog-type or numeric readings for pressure gauges, electrical gauges, and other displays. They have been increasingly integrated with various cab signalling systems and together with the installation of multi-function displays, have simplified the cab layout and improved user interaction with the engineer.

Audi is presenting the latest evolution stage of its MMI operating concepts with the MMI touch response. Following the premiere in the fourth generation of the Audi A8 (2017) it is now being incorporated into other model lines. The central element is the 10.1-inch touch display in black panel technology. When not in use, the screen blends almost invisibly into the high-gloss black faceplate of the instrument panel. When starting the system, the user interface appears with its concise graphics. With a resolution of 1,540 x 720 pixels, the TFT screen provides pin-sharp images and high contrast, even when viewed from an angle. The large display is used for controlling navigation, media and vehicle functions. The driver can click, swipe, zoom and scroll on it. The menu structure including the search functions is intuitive and flat, like that of a modern smartphone.

When used as scratch-pad memory, the fast read and write operations enable fast delivery of high-resolution graphics in the early part of the system boot process. HyperRAM 2.0 is the ideal memory for automotive instrument clusters.