Automotive Digital Instrument Cluster Sector Displaying Healthy Growth | Magneti Marelli, Bosch, Delphi and DENSO
The automotive digital instrument cluster sector is witnessing steady growth due to the increasing need for large, display-based digital instrument clusters. A bigger panel gives a broader view for better and quicker gathering of information. Automakers are increasingly preferring larger instrument clusters over smaller ones. Newer car models, including Range Rover, Cadillac XTS, and Jaguar XJ, are all equipped with these large instrument clusters.
Besides, the development and growth of self-driving cars and constant focus of original equipment manufacturers on autonomous vehicles are predicted to surge the sale of larger displays, as these help drivers better view nearby vehicles in case of a system malfunction. Further, the impetus for concept cars and electric vehicles is anticipated to increase during the forecast period. This is attributed to the rising concerns toward the environment, surging fossil fuel prices, and increasing shift to cleaner fuels.
Some of the major players in the automotive digital instrument cluster market include: Magneti Marelli, Bosch, Delphi and DENSO
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