The global vehicle instrument panel market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). A vehicle instrument panel also popularly known as dashboard, is a control panel set within the central console of a vehicle or small aircraft. It is usually positioned right to the front of the driver seat and displays instrumentation and controls for the vehicle’s operation. The market growth is majorly attributable to the growing electrification of vehicles of both passenger as well as commercial vehicles. This is further coupled with the growing technological advancements in the in-vehicle system including the vehicle instrument panel is expected to offer an opportunity for the market growth. Further, due to the rising adoption of advanced driver assistance system (ADAS) has also transformed the way the real time information displays of various vehicles. Thus, the high adoption of ADAS system is also one of the key drivers of the global vehicle instrument panel market.
The market growth is also attributed to the key benefits offered by these panels as being one of the most essential and primary components of any vehicle. Right from tachometer, speedometer, odometer, fuel gauge, temperature gauge, and other warning indicators, all these key components comprise the vehicle instrument panel. The system aims at keeping the driver updated and informed by showing the information about the vehicle. These key benefits offered by these panels are significantly contributing to the growth of the global vehicle instrument panel market. Some key players operating in the market include Aptiv plc, Faurecia, and Johnson Controls, Inc., among others.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape: IAC Group, Faurecia, and Johnson Controls, Inc., among others.
A full report Vehicle Instrument Panel Market of is available at: https://orionmarketreports.com/vehicle-instrument-panel-market/102271/
Global Vehicle Instrument Panel Market Report by Segment
By Type
- Analog
- Hybrid
- Digital
By Application
- Passenger Vehicle
- Commercial Vehicle
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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