Global Car Dashboard Market, By Type (LCD Dashboard, Conventional Dashboard), Vehicle Type (SUV, Hatchback, Convertible, Sedan, MPV, Coupe, Others), Sales Channel (OEM, Aftermarket) - Industry Trends and Forecast to 2031.
Car Dashboard Market Analysis and Size
A car dashboard is a system that combines two or more sources of power to propel a vehicle. The most common type of Car Dashboard is the hybrid electric vehicle (HEV), which uses an internal combustion engine and an electric motor. Other types of Car Dashboards include plug-in hybrid electric vehicles (PHEVs), fuel cell vehicles (FCVs), and hydraulic hybrids. The Car Dashboard market is expected to grow significantly in the coming years, driven by factors such as increasing environmental awareness, stricter emission regulations, rising fuel prices, and technological advancements.
Data Bridge Market Research analyses that the global car dashboard market was valued at USD 603.50 million in 2023 and is expected to reach USD 845.18 million by 2031, registering a CAGR of 4.3% during the forecast period of 2024-2031. OEM segments account for the highest market share as OEM car dashboards ensure compatibility and quality with your vehicle. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024-2031
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable 2011-2021)
|
|
Quantitative Units
|
Revenue in USD million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
By Type (LCD Dashboard, Conventional Dashboard), Vehicle Type (SUV, Hatchback, Convertible, Sedan, MPV, Coupe, Others), Sales Channel (OEM, Aftermarket)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa
|
|
Market Players Covered
|
Continental AG (Germany), Denso Corporation (Japan), Valeo SA (France), Magna International Inc. (Canada), Robert Bosch GmbH (Germany), Calsonic Kansei Corporation (Japan), Yazaki Corporation (Japan), Faurecia SA (France), Hyundai Mobis Co., Ltd. (South Korea), Toyoda Gosei Co., Ltd. (Japan)
|
|
Market Opportunities
|
|
Market Definition
A Car Dashboard is a system that combines an internal combustion engine and an electric motor to propel a vehicle. The electric motor uses the energy stored in a battery pack, which can be recharged by the engine or by regenerative braking. A Car Dashboard can improve the fuel efficiency and performance of a vehicle by using the electric motor to assist the engine or to drive the vehicle independently on pure electric power, depending on the type of hybrid system.
Global Car Dashboard Market Dynamics
Drivers
- Adoption of advanced driving assistance systems
The car dashboard market is projected to witness significant expansion in the coming years, owing to the increasing adoption of advanced driving assistance systems (ADAS) by various automakers. ADAS are designed to enhance the safety and convenience of drivers and passengers, by providing features such as lane departure warning, adaptive cruise control, blind spot detection, and parking assistance. These features require sophisticated sensors and displays, which are integrated into the car dashboard.
Opportunities
- Technological advancement in car dashboard
One of the factors that may drive the demand for car dashboard products in the future is the technological advancements in car dashboard design and functionality. Car dashboard manufacturers are constantly innovating and introducing new features and capabilities to enhance the user experience and safety of drivers and passengers. Some of the emerging trends in car dashboard technology include digital instrument clusters, head-up displays, touchscreens, voice control, gesture recognition, and augmented reality. These technologies are expected to offer more convenience, customization, and interactivity for car dashboard users, as well as improve the performance and efficiency of car dashboard systems. Therefore, technological advancements in car dashboard is expected to act as opportunity for the growth of car dashboard market.
Restraints/ Challenges
- High cost associated with car dashboard replacement
One of the factors that may hinder the expansion of the car dashboard market is the high cost involved in replacing a damaged or outdated dashboard. Car owners may be reluctant to invest in a new dashboard, especially if their current one is still functional, even if it lacks some features or aesthetics. The high cost of car dashboard replacement may also affect the profitability of car manufacturers and dealers, who have to bear the expenses of installing and maintaining the dashboards.
This car dashboard market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the car dashboard market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In January 2020, automotive systems maker Denso partnered with chipmaker Qualcomm to develop “next-generation cockpit systems. To enhance this critical information exchange, Denso aims to develop next-generation integrated cockpit systems harnessing Qualcomm Technologies’ information and communication technologies, including cutting-edge semiconductors and software solutions developed for smartphones and Denso’s expertise in in-vehicle requirements, functional safety, quality, and security technologies for HMI products.
Global Car Dashboard Market Scope
The market is segmented on the basis of type, vehicle type, and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- LCD Dashboard
- Conventional Dashboard
Vehicle Type
- SUV
- Hatchback
- Convertible
- Sedan
- MPV
- Coupe
- Others
Sales Channel
- OEM
- Aftermarket
Global Car Dashboard MarketRegion Analysis/Insights
The internal gear pump market is analyzed and market size insights and trends are provided by country, type, vehicle type, and sales channel as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Asia-Pacific is expected to dominate and be the fastest growing region in the market due to increasing research and development activities in countries such as China, Japan, India, and South East Asia region is acting as major driver of the growth of Car Dashboard demand in Asia-Pacific region.
The country section of the car dashboard market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Car Dashboard MarketShare Analysis
The Global car dashboard market is analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the car dashboard market.
Some of the major players operating in the Global car dashboard market are:
- Continental AG (Germany)
- Denso Corporation (Japan)
- Valeo SA (France)
- Magna International Inc. (Canada)
- Robert Bosch GmbH (Germany)
- Calsonic Kansei Corporation (Japan)
- Yazaki Corporation (Japan)
- Faurecia SA (France)
- Hyundai Mobis Co., Ltd. (South Korea)
- Toyoda Gosei Co., Ltd. (Japan)
SKU-