Digital Instrument Clusters Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2025

Instrument clusters with digital displays are increasingly replacing electromechanical pointer instruments. Moreover, digital instrument clusters are poised to supersede the analog instrument clusters in the next generation vehicles. The global instrument clusters is basically categorized into three groups: digital, analog and hybrid. Analog cluster is a classic instrument panel that contains a physical dial and a needle for the speedometer.

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Key Players
Some of the market participants in the global digital instrument clusters market are Nippon Seiki Co., Ltd., Ford Motor Company, Audi AG, Renault, Volkswagen, Kia Motors Corp., BMW AG, Jaguar Land Rover Limited, NVIDIA Corporation and Tesla Motors.

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By Segmentation
On the basis of application, the global digital instrument clusters market is segmented into:
• Smartphone
• Tablet PC/Desktop/Notebooks
• Automobiles
• Others (Digital cameras, inverters, power suppliers, painters, car radio, LED lighting, payment terminals)

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Region-wise Outlook
On the basis of region North America, Asia Pacific and Japan are expected to be the dominant players as a result of growing economy in these regions. The Indian electronics system design and manufacturing (ESDM) industry is one of the fastest growing industry in the country, which is further boosting the demand for digital instrument clusters in the region. The global digital instrument cluster market is anticipated to grow at a steady rate in other regions of the world as a result of a slowing global economy in these regions.

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