Digital Instrument Clusters Market Revenue and Value Chain 2015-2025

Instrument clusters with digital displays are increasingly replacing electromechanical pointer instruments. Moreover, digital instrument clusters are poised to

supersede the analog instrument clusters in the next generation vehicles. The global instrument clusters is basically categorized into three groups: digital, analog

and hybrid. Analog cluster is a classic instrument panel that contains a physical dial and a needle for the speedometer. A digital instrument cluster displays all

these classical instruments on the LCD, VFD or TFT-LCD screen. Such digital instrument clusters can be programmed to display the appropriate selection of virtual

instruments according to the driver’s preferences. A hybrid cluster is the combination of the analog and digital cluster. Furthermore, they can enhance the appeal of a

vehicle with eye-catching graphics. Therefore, most of the luxury brands are seeking to differentiate their vehicles through the inclusion of digital instrument

clusters. It is expected that over seven million cars will have fully digital instrument clusters by the 2018. Digital instrument clusters that offers personalization

are a key selling point.

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Digital Instrument Clusters: Drivers & Restraints

The key factor driving the digital instrument clusters market is substantial rise in the automobile output and its personalization. A digital instrument cluster that

is reconfigurable is very appealing. Features such as distance until next charge, information on battery charge, and other driver information, can easily be displayed

using a digital instrument clusters. These features are driving the market for global digital instrument clusters. Another factor driving the market for global digital

instrument is consumer trend. The tablet, PC and smartphone ownership is increasing and there are opportunities to integrate these devices...