The global automotive digital instrument cluster market is anticipated to grow at a CAGR of 18.7% during 2021-2027. The mounting electrification and digitalization of novel advanced passenger and luxury vehicles as a result of customized and safety features will drive the growth of the market. Furthermore, the shifting trends to change vehicle designs and interior in order to provide a better user experience will affect the global automotive sector, thus leading to industry growth. Moreover, advanced user interactivity, customized features, and control of driving assistance functions will support the expansion of the industry further. Thus, the digital systems are anticipated to replace analog instrument cluster systems during the projected period due to the enhanced visibility, large displays, and better user interactivity features.

Based on display size, the global automotive digital instrument cluster market is segmented into 5–8 inches, 9–11 inches, and >12 inches. The > 12-inch digital instrument cluster market is predicted to be the fastest-growing category of the digital instrument cluster market in terms of display size. The increasing desire for a larger display, the increasing amount of features in a digital instrument cluster, and the growing demand for vehicle aesthetics are all contributing to the expansion of > 12-inch digital instrument clusters. Cars such as entry-level, mid-segment, and light commercial vehicles, on the other hand, are equipped with a 5-8 inch digital instrument cluster, which helps to reduce the vehicle's overall cost.

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Because of the rising production and consumption of luxury and high-end automobiles in Europe, the digital instrument cluster market for automotive will rise rapidly. These technologies provide increased safety, convenience, and driving comfort, resulting in considerable customer demand in Europe. Furthermore, the presence of major OEMs such as Audi, BMW, Mercedes, Volkswagen, and others, as well as their cluster implementation methods, are contributing to the region's industrial growth. These OEMs are always working with system manufacturers to produce improved and digital clusters.

In December 2021, Continental has introduced the MultiViu Sports display platform, which is a highly customizable instrument cluster for bikes and scooters. MultiViu Sports displays are developed on a scalable development framework that allows them to be easily adjusted to fit the needs of a wide range of motorcycle riders. The platform is presently being used by KTM, a major Austrian manufacturer, and the MultiViu Sports 7 will be installed on the KTM 1290 SUPER ADVENTURE S. The high quality of this display allows it to offer bikers with a large amount of information in a straightforward and well-structured manner.

The prominent players in the automotive digital instrument cluster industry include Magneti Marelli S.p.A, Spark Minda, Robert Bosch GmbH, DENSO Corporation, Continental AG, Visteon Corporation, Panasonic Corporation, NVIDIA Corporation, Delphi Automotive Plc., Nippon Seiki Co. Ltd., and Yazaki Corporation.

Source: VynZ Research