Automotive Reconfigurable Instrument Cluster Market - to record USD 1.83 Bn incremental growth -- Driven by Falling Prices Of LCD/TFT Display

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Oct 04, 2022, 08:30 ET

NEW YORK, Oct. 4, 2022 /PRNewswire/ -- The "Automotive Reconfigurable Instrument Cluster Market growth by Product and Geography - Forecast and Analysis - 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Global Automotive Reconfigurable Instrument Cluster Market 2022-2026

The potential growth difference for the automotive reconfigurable instrument cluster market between 2021 and 2026 is USD 1.83 billion. The market will be driven by the falling prices of LCD/TFT displays. The cost of LCD and TFT displays has reduced considerably over the years. This will act as an advantage for the vendors operating in the market over the forecast period. The falling prices of these display technologies are expected to eventually reduce the costs associated with the development and production of fully digital instrumental clusters or fully reconfigurable instrument clusters. This will increase their penetration in the mass market as they become more affordable.

Discover other factors influencing the growth of the market size. Download PDF Report Sample

Company Profiles

The automotive reconfigurable instrument cluster market report provides complete insights on key vendors including BlackBerry Ltd, Caerbont Automotive Instruments Ltd., Continental AG, Denso Corp., Hyundai Mobis Co. Ltd, ID4Motion, International Automotive Components Group SA, Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., NVIDIA Corp., NXP Semiconductors NV, Panasonic Holdings Corp., Pricol Ltd., Renesas Electronics Corp, Robert Bosch GmbH, Stoneridge Inc., Texas Instruments Inc., Toshiba Corp., Visteon Corp., and Yazaki Corp.

Vendor Landscape

The global automotive reconfigurable instrument cluster market is fragmented. The market is characterized by the presence of well-diversified international and regional players. The international players are increasing their presence in many regions. They occupy a major share of the global automotive reconfigurable instrument cluster market. Key vendors in the market are growing their customer base and are increasing their investments in R&D. The competitive environment in the market is expected to intensify further with the increase in demand for passenger vehicles with advances in display technologies.

The report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Request Sample Report Here

Market Segmentation

By product, the market is classified into segments such as partially reconfigurable instrument cluster and fully reconfigurable instrument cluster. The partially reconfigurable instrument cluster segment will have the largest share of the market. The segment will be driven by the wide use of digital instrument clusters by vehicle OEMs to bring product differentiation in different car variants.
By geography, the market is analyzed across regions such as North America, Europe, APAC, South America, and the Middle East and Africa. North America will have the largest share of the market. About 39% of the market growth will come from North America during the forecast period.

Some Companies Mentioned with their Offerings

Continental AG: The company offers customer-specific instrument clusters for commercial vehicles, which provide a high degree of functionality through their customized design, indicator lamps, and gauges.
Denso Corp.: The company offers reconfigurable instrument clusters with high display quality and attractive design, under the brand name Denso.
Hyundai Mobis Co. Ltd: The company offers a full digital cluster, which provides driving data and control.
Marelli Holdings Co. Ltd.: The company offers automotive reconfigurable instrument clusters under the brand name Calsonic Kansei.
NXP Semiconductors NV: The company offers automotive reconfigurable instrument clusters, which provide high-resolution color displays with realistic visual renderings.
BlackBerry Ltd
Caerbont Automotive Instruments Ltd.
ID4Motion
International Automotive Components Group SA
Nippon Seiki Co. Ltd.
NVIDIA Corp.
Panasonic Holdings Corp.
Pricol Ltd.
Renesas Electronics Corp
Robert Bosch GmbH
Stoneridge Inc.
Texas Instruments Inc.
Toshiba Corp.
Visteon Corp.
Yazaki Corp.

Related Reports:

Automotive Reconfigurable Instrument Cluster Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of over 14.77%
Market growth 2022-2026	USD 1.83 billion
Market structure	Fragmented
YoY growth (%)	14.45
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 39%
Key consumer countries	US, China, Japan, UK, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	BlackBerry Ltd, Caerbont Automotive Instruments Ltd., Continental AG, Denso Corp., Hyundai Mobis Co. Ltd, ID4Motion, International Automotive Components Group SA, Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., NVIDIA Corp., NXP Semiconductors NV, Panasonic Holdings Corp., Pricol Ltd., Renesas Electronics Corp, Robert Bosch GmbH, Stoneridge Inc., Texas Instruments Inc., Toshiba Corp., Visteon Corp., and Yazaki Corp.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product

5.3 Partially reconfigurable instrument cluster - Market size and forecast 2021-2026

Exhibit 28: Chart on Partially reconfigurable instrument cluster - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Partially reconfigurable instrument cluster - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Partially reconfigurable instrument cluster - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Partially reconfigurable instrument cluster - Year-over-year growth 2021-2026 (%)

5.4 Fully reconfigurable instrument cluster - Market size and forecast 2021-2026

Exhibit 32: Chart on Fully reconfigurable instrument cluster - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Fully reconfigurable instrument cluster - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Fully reconfigurable instrument cluster - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Fully reconfigurable instrument cluster - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product

Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 UK - Market size and forecast 2021-2026

Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026

Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 China - Market size and forecast 2021-2026

Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.12 Japan - Market size and forecast 2021-2026

Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Continental AG

Exhibit 89: Continental AG - Overview
Exhibit 90: Continental AG - Business segments
Exhibit 91: Continental AG - Key news
Exhibit 92: Continental AG - Key offerings
Exhibit 93: Continental AG - Segment focus

10.4 Denso Corp.

Exhibit 94: Denso Corp. - Overview
Exhibit 95: Denso Corp. - Business segments
Exhibit 96: Denso Corp. - Key news
Exhibit 97: Denso Corp. - Key offerings
Exhibit 98: Denso Corp. - Segment focus

10.5 Hyundai Mobis Co. Ltd

Exhibit 99: Hyundai Mobis Co. Ltd - Overview
Exhibit 100: Hyundai Mobis Co. Ltd - Business segments
Exhibit 101: Hyundai Mobis Co. Ltd - Key news
Exhibit 102: Hyundai Mobis Co. Ltd - Key offerings
Exhibit 103: Hyundai Mobis Co. Ltd - Segment focus

10.6 Marelli Holdings Co. Ltd.

Exhibit 104: Marelli Holdings Co. Ltd. - Overview
Exhibit 105: Marelli Holdings Co. Ltd. - Product / Service
Exhibit 106: Marelli Holdings Co. Ltd. - Key news
Exhibit 107: Marelli Holdings Co. Ltd. - Key offerings

10.7 NXP Semiconductors NV

Exhibit 108: NXP Semiconductors NV - Overview
Exhibit 109: NXP Semiconductors NV - Product / Service
Exhibit 110: NXP Semiconductors NV - Key news
Exhibit 111: NXP Semiconductors NV - Key offerings

10.8 Panasonic Holdings Corp.

Exhibit 112: Panasonic Holdings Corp. - Overview
Exhibit 113: Panasonic Holdings Corp. - Business segments
Exhibit 114: Panasonic Holdings Corp. - Key news
Exhibit 115: Panasonic Holdings Corp. - Key offerings
Exhibit 116: Panasonic Holdings Corp. - Segment focus

10.9 Pricol Ltd.

Exhibit 117: Pricol Ltd. - Overview
Exhibit 118: Pricol Ltd. - Product / Service
Exhibit 119: Pricol Ltd. - Key offerings

10.10 Robert Bosch GmbH

Exhibit 120: Robert Bosch GmbH - Overview
Exhibit 121: Robert Bosch GmbH - Business segments
Exhibit 122: Robert Bosch GmbH - Key news
Exhibit 123: Robert Bosch GmbH - Key offerings
Exhibit 124: Robert Bosch GmbH - Segment focus

10.11 Stoneridge Inc.

Exhibit 125: Stoneridge Inc. - Overview
Exhibit 126: Stoneridge Inc. - Business segments
Exhibit 127: Stoneridge Inc. - Key offerings
Exhibit 128: Stoneridge Inc. - Segment focus

10.12 Visteon Corp.

Exhibit 129: Visteon Corp. - Overview
Exhibit 130: Visteon Corp. - Product / Service
Exhibit 131: Visteon Corp. - Key news
Exhibit 132: Visteon Corp. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 133: Inclusions checklist
Exhibit 134: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 135: Currency conversion rates for US$

11.4 Research methodology

Exhibit 136: Research methodology
Exhibit 137: Validation techniques employed for market sizing
Exhibit 138: Information sources

11.5 List of abbreviations

Exhibit 139: List of abbreviations

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