Industry Overview
The Automotive Instrument is at 5Billion in 2023 and is expected to reach 10Billion by 2031. The Automotive Instrument is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Continental AG (Germany), DENSO (Japan), Visteon (United States), Nippon Seiki (Japan), Delphi Technologies (United Kingdom), BOSCH (Germany), Fujitsu (Japan), JVCKENWOOD (Japan), Sony (Japan), Panasonic (Japan), Luxoft (Switzerland), Mitsubishi Electric (Japan), Alpine electronics, and others are some of the key players in the market.Automotive Instrument Market Size in (USD Billion) CAGR Growth Rate 20%
| Study Period | 2019-2031 |
| Market Size (2023): | 5Billion |
| Market Size (2031): | 10Billion |
| CAGR (2023 - 2031): | 20% |
| Fastest Growing Region | North America |
| Dominating Region | North America |
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The automotive instrument is the collection of components or systems that are used to measure, monitor and control the process in the vehicle. In modern vehicles, software-controlled electronics plays an important role in the functioning of the vehicle's subsystems. There are around 8 to 10 intelligent electronic modules in a medium-sophistication vehicle that are performing functions such as engine control, transmission, brakes, steering, navigation, HVAC, safety, security, audio, driver information, and others. As compare to analog instruments, electric and digital instrument are present in the vehicles. Vehicles are now manufactured to deliver information and diagnostics, such as low tire pressure, check engine, door ajar, fuel pump pressure, outside ambient temperature, brake fluid level, and more. The major changes to instrumentation are solid-state sensors, microprocessors, and solid-state display devices. These sensors are designed to transform a non-electrical signal to an equivalent current or voltage.
Key Players
Several key players in the Automotive Instrument market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 18%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.- Continental AG (Germany)
- DENSO (Japan)
- Visteon (United States)
- Nippon Seiki (Japan)
- Delphi Technologies (United Kingdom)
- BOSCH (Germany)
- Fujitsu (Japan)
- JVCKENWOOD (Japan)
- Sony (Japan)
- Panasonic (Japan)
- Luxoft (Switzerland)
- Mitsubishi Electric (Japan)
- Alpine electronics
Automotive Instrument Market Segmentation by Players
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Market Dynamics
Market Driver- Growing Demand For Infotainment System In The Vehicles
Market Trends
- Customization
Opportunity
- Rising Demand For Luxurious Features In Automotive
Challenges
- Cost
Key Highlights
- The Automotive Instrument is growing at a 20% during the forecasted period of 2019 to 2031
- Based on type, the market is bifurcated into Comprehensive, Hull, Liability, Collision
- Based on application, the market is segmented into Insurance, Marine, Recreation
- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Overview
- Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
- Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
- Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
- Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
- Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- Comprehensive
- Hull
- Liability
- Collision
Automotive Instrument Market Segmentation by Type
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Segmentation by Application
- Insurance
- Marine
- Recreation
Automotive Instrument Market Segmentation by Application
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This report also splits the market by region:
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
North America
![North America dominates Automotive Instrument Market [2019 to 2023]](https://www.htfmarketinsights.com/assets_n/img/region/continent/north_america_wn.png)
Dominating Region
North America
Market Estimation Process
Primary & Secondary Approach
The Automotive Instrument is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.
Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.
Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in Automotive Instrument
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.
Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.
Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.Report Infographics:
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size (2023) | 5Billion |
| Historical Period Market Size (2019) | 3Billion |
| CAGR (2023 to 2031) | 20% |
| Forecast Period | 2025 to 2031 |
| Forecasted Period Market Size (2031) | 10Billion |
| Scope of the Report | Comprehensive, Hull, Liability, Collision, Insurance, Marine, Recreation |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Year on Year Growth | 18% |
| Companies Covered | Continental AG (Germany), DENSO (Japan), Visteon (United States), Nippon Seiki (Japan), Delphi Technologies (United Kingdom), BOSCH (Germany), Fujitsu (Japan), JVCKENWOOD (Japan), Sony (Japan), Panasonic (Japan), Luxoft (Switzerland), Mitsubishi Electric (Japan), Alpine electronics |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Automotive Instrument - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Automotive Instrument Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Automotive Instrument Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Automotive Instrument Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Growing Demand for Infotainment System in the Vehicles
-
3.2 Available Opportunities
- 3.2.1 Rising Demand For Luxurious Features in Automotive
- 3.2.2 Increasing Demand of Passenger Cars in Developing Countries
-
3.3 Influencing Trends
- 3.3.1 Customization
- 3.3.2 Coverage
-
3.4 Challenges
- 3.4.1 Cost
- 3.4.2 Regulations
- 3.5 Regional Dynamics
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Chapter 4 : Global Automotive Instrument Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Automotive Instrument Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Automotive Instrument : Competition Benchmarking & Performance Evaluation
- 5.1 Global Automotive Instrument Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Automotive Instrument Revenue 2023
- 5.3 Global Automotive Instrument Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 FPNV Positioning Matrix
- 5.6 Heat Map Analysis
Chapter 6: Global Automotive Instrument Market: Company Profiles
- 6.1 Continental AG (Germany)
- 6.1.1 Continental AG (Germany) Company Overview
- 6.1.2 Continental AG (Germany) Product/Service Portfolio & Specifications
- 6.1.3 Continental AG (Germany) Key Financial Metrics
- 6.1.4 Continental AG (Germany) SWOT Analysis
- 6.1.5 Continental AG (Germany) Development Activities
- 6.2 DENSO (Japan)
- 6.3 Visteon (United States)
- 6.4 Nippon Seiki (Japan)
- 6.5 Delphi Technologies (United Kingdom)
- 6.6 BOSCH (Germany)
- 6.7 Fujitsu (Japan)
- 6.8 JVCKENWOOD (Japan)
- 6.9 Sony (Japan)
- 6.10 Panasonic (Japan)
- 6.11 Luxoft (Switzerland)
- 6.12 Mitsubishi Electric (Japan)
- 6.13 Alpine Electronics
- 6.14 Inc. (Japan)
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Sectional Purchase
Chapter 7 : Global Automotive Instrument by Type & Application (2019-2031)
-
7.1 Global Automotive Instrument Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Comprehensive
- 7.1.2 Hull
- 7.1.3 Liability
- 7.1.4 Collision
- 7.1.5 Liability-only
-
7.2 Global Automotive Instrument Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Insurance
- 7.2.2 Marine
- 7.2.3 Recreation
- 7.3 Global Automotive Instrument Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Automotive Instrument Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Automotive Instrument Market Breakdown by Country, Type & Application
- 8.1 North America Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Comprehensive
- 8.2.2 Hull
- 8.2.3 Liability
- 8.2.4 Collision
- 8.2.5 Liability-only
-
8.3 North America Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Insurance
- 8.3.2 Marine
- 8.3.3 Recreation
- 8.4 North America Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Automotive Instrument Market Breakdown by Country, Type & Application
- 9.1 LATAM Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Comprehensive
- 9.2.2 Hull
- 9.2.3 Liability
- 9.2.4 Collision
- 9.2.5 Liability-only
-
9.3 LATAM Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Insurance
- 9.3.2 Marine
- 9.3.3 Recreation
- 9.4 LATAM Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Automotive Instrument Market Breakdown by Country, Type & Application
- 10.1 West Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Comprehensive
- 10.2.2 Hull
- 10.2.3 Liability
- 10.2.4 Collision
- 10.2.5 Liability-only
-
10.3 West Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Insurance
- 10.3.2 Marine
- 10.3.3 Recreation
- 10.4 West Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Automotive Instrument Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Comprehensive
- 11.2.2 Hull
- 11.2.3 Liability
- 11.2.4 Collision
- 11.2.5 Liability-only
-
11.3 Central & Eastern Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Insurance
- 11.3.2 Marine
- 11.3.3 Recreation
- 11.4 Central & Eastern Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Automotive Instrument Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Comprehensive
- 12.2.2 Hull
- 12.2.3 Liability
- 12.2.4 Collision
- 12.2.5 Liability-only
-
12.3 Northern Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Insurance
- 12.3.2 Marine
- 12.3.3 Recreation
- 12.4 Northern Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Automotive Instrument Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Comprehensive
- 13.2.2 Hull
- 13.2.3 Liability
- 13.2.4 Collision
- 13.2.5 Liability-only
-
13.3 Southern Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Insurance
- 13.3.2 Marine
- 13.3.3 Recreation
- 13.4 Southern Europe Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Automotive Instrument Market Breakdown by Country, Type & Application
- 14.1 East Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Comprehensive
- 14.2.2 Hull
- 14.2.3 Liability
- 14.2.4 Collision
- 14.2.5 Liability-only
-
14.3 East Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Insurance
- 14.3.2 Marine
- 14.3.3 Recreation
- 14.4 East Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Automotive Instrument Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Comprehensive
- 15.2.2 Hull
- 15.2.3 Liability
- 15.2.4 Collision
- 15.2.5 Liability-only
-
15.3 Southeast Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Insurance
- 15.3.2 Marine
- 15.3.3 Recreation
- 15.4 Southeast Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Automotive Instrument Market Breakdown by Country, Type & Application
- 16.1 South Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Comprehensive
- 16.2.2 Hull
- 16.2.3 Liability
- 16.2.4 Collision
- 16.2.5 Liability-only
-
16.3 South Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Insurance
- 16.3.2 Marine
- 16.3.3 Recreation
- 16.4 South Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Automotive Instrument Market Breakdown by Country, Type & Application
- 17.1 Central Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Comprehensive
- 17.2.2 Hull
- 17.2.3 Liability
- 17.2.4 Collision
- 17.2.5 Liability-only
-
17.3 Central Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Insurance
- 17.3.2 Marine
- 17.3.3 Recreation
- 17.4 Central Asia Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Automotive Instrument Market Breakdown by Country, Type & Application
- 18.1 Oceania Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Comprehensive
- 18.2.2 Hull
- 18.2.3 Liability
- 18.2.4 Collision
- 18.2.5 Liability-only
-
18.3 Oceania Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Insurance
- 18.3.2 Marine
- 18.3.3 Recreation
- 18.4 Oceania Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Automotive Instrument Market Breakdown by Country, Type & Application
- 19.1 MEA Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Comprehensive
- 19.2.2 Hull
- 19.2.3 Liability
- 19.2.4 Collision
- 19.2.5 Liability-only
-
19.3 MEA Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Insurance
- 19.3.2 Marine
- 19.3.3 Recreation
- 19.4 MEA Automotive Instrument Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Automotive Instrument Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Automotive Instrument Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Automotive Instrument Market is growing at a steady pace over the last few years and is expected to grow at a CAGR of 20% from 2023 to 2031 to reach a market size of 20% 10Billion
The Automotive Instrument Market is growing at a CAGR of 20% over the forecasted period 2023 - 2031.
Customization, Coverage are seen to make big Impact on Automotive Instrument Market Growth.
- Growing Demand For Infotainment System In The Vehicles
- Increasing Adoption Of Multi-Layer Display Technology Owing To Its 3D Graphics Experience
Some of the major roadblocks that industry players have identified are Cost, Regulations.
Some of the opportunities that Analyst at HTF MI have identified in Automotive Instrument Market are:
- Rising Demand For Luxurious Features In Automotive
- Increasing Demand Of Passenger Cars In Developing Countries
New entrants, including competitors from unrelated industries along with players such as Continental AG (Germany), DENSO (Japan), Visteon (United States), Nippon Seiki (Japan), Delphi Technologies (United Kingdom), BOSCH (Germany), Fujitsu (Japan), JVCKENWOOD (Japan), Sony (Japan), Panasonic (Japan), Luxoft (Switzerland), Mitsubishi Electric (Japan), Alpine electronics, Inc. (Japan) Instituting a robust process in Global Automotive Instrument Market.
Research paper of Global Automotive Instrument Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Insurance, Marine, Recreation.
The Global Automotive Instrument Market Study is segmented by Comprehensive, Hull, Liability, Collision, Liability-only.
The Global Automotive Instrument Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031
The automotive instrument is the collection of components or systems that are used to measure, monitor and control the process in the vehicle. In modern vehicles, software-controlled electronics plays an important role in the functioning of the vehicle's subsystems. There are around 8 to 10 intelligent electronic modules in a medium-sophistication vehicle that are performing functions such as engine control, transmission, brakes, steering, navigation, HVAC, safety, security, audio, driver information, and others. As compare to analog instruments, electric and digital instrument are present in the vehicles. Vehicles are now manufactured to deliver information and diagnostics, such as low tire pressure, check engine, door ajar, fuel pump pressure, outside ambient temperature, brake fluid level, and more. The major changes to instrumentation are solid-state sensors, microprocessors, and solid-state display devices. These sensors are designed to transform a non-electrical signal to an equivalent current or voltage.
