The demand for digital instrument clusters market is growing at a fast rate in developed markets such as the US, Canada, Germany, and the UK. These clusters are fully reconfigurable and enable a user to customize the display content. Digital instrument clusters use TFT-LCD screen technology and feature a human machine interface (HMI) and improvised graphics. Digital instrument clusters have bigger screen panels as they constitute a higher number of electronic features than analog instrument clusters such as speed, map and navigation, communication, media-on-demand updates, system alerts, and other driving information features.

Since the trend in digital instrument clusters is to add more electronic content, the size of these clusters is increasing to accommodate all the desired information. Several OEMs such as Jaguar, Audi, Tesla, Volvo, and others have installed fully reconfigurable digital instrument clusters in their vehicles. The size of these clusters is increasing over time. The available sizes in digital instrument clusters have increased from 4 inches to 12.3 inches and beyond.

The manufacturers of instrument clusters are focusing on merging infotainment with these clusters to gather all electronic information on a single panel using a system-on-chip (SoC) platform. These chips are expected to boost the overall digital instrument cluster market, as they support the high-quality display of 3D graphics in mid-level cars.

Factors such as rising demand for luxury vehicles, increasing demand for digital instrument clusters in mid-level models from OEMs, and the decrease in the price of digital instrument clusters are expected to drive the growth of the market.

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In North America, the digital instrument cluster market is estimated to grow significantly. The majority of the luxury vehicle manufacturers have a strong presence in the region. The US and Canada are expected to dominate the market in North America. However, Mexico is estimated to show the highest growth rate.

Market Dynamics

Drivers

• Rising demand for electric vehicles
• Growing demand for advanced cluster technology by OEMs
• Increasing demand for luxury vehicles
• Intense competition between instrument cluster manufacturers

Restraints

• Cyberthreats

Opportunities

• Increasing acceptance of semi-autonomous and autonomous vehicle technology
• Use of aluminum parts to make digital instrument clusters
• Increasing demand for reconfigurable instrument clusters

Challenges

• Technical challenges

Critical Questions:

• How would you see the evolution of digital instrument cluster after the launch of central 15-inch display?
• How are the industry players addressing the challenge of big screens in cars?
• Is there any upcoming disruptive technology which would impact the market?
• What are the further software developments in the digital instrument cluster?