Digital Instrument Cluster Market Report 2025 (Global Edition)

Global Digital Instrument Cluster Market Report 2025 Market Size Split by Display Type (LCD, TFT-LCD, OLED), by Application (BEV, FCEV, HEV, PHEV), by Display Size (5-8 inch, 9-11 inch, >12 inch)

Digital Instrument Cluster Market Report Description

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Competitive Landscape: Digital Instrument Cluster market

Some of the leading players in the digital instrument cluster market are Panasonic Corporation, Robert Bosch Gmb, Nvidia Corporation, BMW, Denso Corporation, IAC Group, Magneti Marelli S.p.A., ID4Motion, Nippon Seiki Company Ltd., Luxoft, Visteon Corporation.

Attributed to the presence of such a high number of participants and growing emphasis on the development and launch of advanced digital instrument clusters, the market is highly competitive.

Recent Market Developments:

• June 2019 – Continental AG has cooperated with Silicon Valley Company Leia Inc. to develop a new 3D Light field Display by using advanced nanotechnology in automotive vehicles. The 3D display renders highlights and other complex light effects. It also provides real-time information to the driver. Not only the driver but also the passengers on the front and back seats can see the 3D display from their positions.

(Source: https://www.continental.com/en/press/press-releases/2019-06-11-3d-instrument-cluster/)

• Visteon Corporation launched the digital instrument cluster for PEUGEOT 208. PEUGEOT's unique 3D i-Cockpit comes equipped with two TFTs, which provide graphical content with 3D animations and content on both screens. 

(Source; https://www.visteon.com/newsroom/visteon-launches-industry-first-3d-cluster-new-peugeot-208/)

Top Companies Market Share in Digital Instrument Cluster Industry: (In no particular order of Rank)

• Panasonic Corporation
• Robert Bosch Gmb
• Nvidia Corporation
• BMW
• Denso Corporation
• IAC Group
• Magneti Marelli S.p.A.
• ID4Motion
• Nippon Seiki Company Ltd.
• Luxoft
• Visteon Corporation
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Which Region will dominate the Market in 2024, and Which Region is Expanding at the Fastest CAGR?

The European region has dominated the Digital Instrument Cluster Market. In terms of value, Europe held XX% share of the global Digital Instrument Cluster market. Europe currently dominates the market and is expected to continue its dominance over the market during the forecast period. Europe is estimated to be the largest market for digital instrument cluster during the forecast period, followed by North America and the Asia Pacific. Factors such as the high proportion of passenger vehicles in the total vehicle production and growing demand for luxury vehicles and electric vehicles are expected to drive the market in Europe. The penetration of digital instrument cluster in passenger vehicles in Europe is expected to range between 26 and 36% in 2017 and is expected to reach up to 40 to 58% by 2025. The growth can be attributed to the high production capacity of luxury vehicles and demand-supply equilibrium of market.

The Asian Pacific Digital Instrument Cluster Market is anticipated to grow at the fastest CAGR from 2023 to 2032. Asia Pacific is expected to expand at the highest CAGR The Asia-Pacific region is the largest automobile producer in the world. China, India, and Japan are the major economies in the regional market that are anticipated to grow faster in the global market. Automobiles have an increasing demand for enhanced safety, comfort, and convenience features. OEMs are increasingly introducing advanced infotainment systems, telematics, gesture control systems, and central vehicle controllers. COVID occurred in China has increasing created difficulty for market participants and put downward pressure on the Chinese economy. The automotive industry and supply chain also underwent the most demanding tests in history. In addition, some key automakers stopped production and had major logistics obstacles leading to the collapse of delivery capacity. Furthermore, the COVID pandemic significantly reduced the overall purchasing power and consumer confidence. Although the recovery has been followed with time, the market is still facing challenges due to the pandemic. In April 2022, Chinese passenger car production reached 996,000 units, with sales registering 965,000 units. This accounts for the downfall of 41.9% and 43.4% respectively in production and sales compared to the previous year. In 2022, from January to April, passenger car production decreased by 2.6% year-on-year, registering 6,494 million units. The automotive digital instrument cluster manufacturers are partnering with other market participants to develop next-generation smart instrument clusters for their future vehicles. 

The current report Scope analyzes Digital Instrument Cluster Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Digital Instrument Cluster Market Analysis

How is the Display Types Segment Performing in the Digital Instrument Cluster Market?

Based on Display Type, the LCD segment dominates the global Digital Instrument Cluster market in the year 2023. Based on this display type, the market is divided into LCD, TFT-LCD, OLED.

LCD is a popular technology due to the lower price point and increased implementation in premium & luxury vehicles. A robust consumption landscape in the European countries is a key contributor to digitized cluster solutions demand.

Moreover, the integration of photorealistic graphics, high-resolution displays, and HMIs to offer better visuals and more information will support the automotive digital instrument cluster market. LCD-based instrument cluster market shipments are expected to grow at a CAGR of XX% over the forecast timeframe. Innovations of larger displays to accommodate components, such as audio assistants, smartphone handling, and infotainment systems, require bigger LCDs. Additionally, OLEDs will gain steady adoption due to brighter display, better image quality, and flexibility over the TFT-LCD and LCD display panels.

• LCD
• TFT-LCD
• OLED

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Digital Instrument Cluster Industry. Request a Free Sample PDF!

Which application segment holds the largest revenue share of the Digital Instrument Cluster Market?

Based on Application,  the BEV segment dominated the global Digital Instrument Cluster market. Based on Application, the global Digital Instrument Cluster market is segmented into BEV, FCEV, HEV, PHEV.

The BEV segment is estimated to be the largest market for the digital instrument cluster, by electric vehicle. Asia Pacific is estimated to be the largest market for BEV. The sales of BEV vehicles is increasing at a rapid pace owing to factors such as strict emission norms, rapid development in charging infrastructure, zero-emission advantage, and government support. As various governments are taking initiatives to stimulate the sales of BEVs, the BEV segment is expected to show significant growth in the future. OEMs are using a digital instrument cluster in BEVs to differentiate themselves from their competitors. For instance, according to the proposed plan of the Chinese Ministry of Industry and Information, each auto manufacturer in China is expected to make and sell 10% of its output as EVs in 2019 and 12% by 2020. Thus, there is a huge growth opportunity for digital instrument cluster in BEV segment

• BEV
• FCEV
• HEV
• PHEV

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Digital Instrument Cluster Display Size Segment Analysis

Based on Display Size,  the 9-11-inch segment dominated the global Digital Instrument Cluster market. Based on Display size, the global Digital Instrument Cluster market is segmented into 5-8 inch, 9-11 inch, >12 inch

The 9” - 11” display size is gaining a lot of popularity for the sheer number of vehicles that use it. Moreover, its supply is being helped with the easy availability of spares. Vehicle sales with this display size represents the middle-income group. The customers are expecting more sophistication in even small to medium cars. Thus, the demand for the 9” – 11” display clusters will continue to soar in the projected timeframe.

The > 12-inch digital instrument cluster is estimated to be the fastest-growing segment of the digital instrument cluster market, by display size. The growth of  > 12-inch digital instrument cluster can be attributed to the increasing demand for a bigger display, the increasing number of features in a digital instrument cluster, and the growing demand for vehicle aesthetics. However, vehicles such as entry-level, mid-segment, and light commercial vehicles are equipped with a 5-8 inch digital instrument cluster that helps to decrease the overall cost of the vehicle.

• 5-8 inch
• 9-11 inch
• >12 inch

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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