Market Size of Automotive Dashboard Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 7.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
Automotive Dashboard Market Analysis
The automotive dashboard market is anticipated to register a CAGR of over 7% during the forecast period, 2020 - 2025.
- The adoption of advanced driver assistance systems, coupled with the increasing levels of electrification in vehicles, has been transforming the dashboard of both passenger and commercial vehicles. The role of infotainment systems may become primary for the smooth operation of the vehicle and ensuring the safety, security, and comfort of the passenger.
- With the evolution of technology, dashboards may undergo significant changes soon, provisioning an enormous scope for market expansion. Digitization of the dashboard has emerged as one of the significant trends in the market studied, as these systems give greater control over the vehicle to the passenger, thereby, making it an attractive feature.
- The trends in the automotive industry, such as the connected vehicles, autonomous vehicles, and electric vehicles, may shift the focus of automakers to interiors for product differentiation to increase the market growth.
- The market for infotainment systems may be further strengthened by investment being made by automakers and tech companies. For example, on September 14, 2017, Samsung Electronics Co. Ltd had announced a strategic partnership with TTTech and promised to invest around USD 90 million for the development of autonomous and ADAS technologies.
- Dashboards are expected to play a vital role in connected cars, such as navigation, driving assist systems, and autonomous emergency braking systems.
Automotive Dashboard Industry Segmentation
The automotive dashboard market report covers the latest trends that have been transforming the dashboards in both the passenger cars and commercial vehicles, the factors contributing for the growth of infotainment system adoption, various dashboard designs, the impact of aftermarket sales channel, country-wise trends, latest developments, and market shares of players operating in the market studied. Additionally, the report is segmented by type, vehicle type, sales channel, and geography.
The scope of the report includes:
Type | |
LCD Dashboard | |
Conventional Dashboard |
Vehicle Type | |
Passenger Cars | |
Commercial Vehicles |
Sales Channel | |
OEM | |
Aftermarket |
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Automotive Dashboard Market Size Summary
The automotive dashboard market is experiencing significant transformation driven by the integration of advanced driver assistance systems and increased vehicle electrification. This evolution is reshaping the dashboards of both passenger and commercial vehicles, with infotainment systems becoming central to vehicle operation, safety, and passenger comfort. The trend towards digitization is prominent, offering enhanced control and making dashboards a key feature for consumers. As the automotive industry shifts towards connected, autonomous, and electric vehicles, there is a growing emphasis on interior differentiation, which is expected to propel market growth. Investments from automakers and tech companies in infotainment systems further bolster this market expansion, with dashboards playing a crucial role in connected car functionalities such as navigation and driving assistance.
The demand for digital dashboards is closely linked to the sales of premium and luxury vehicles, where the inclusion of advanced systems is more financially viable. Technological advancements have led to the integration of various display and control systems within dashboards, enhancing the driving experience. The aftermarket also contributes to market growth, with companies offering both exterior and interior upgrades. The use of high-end materials like Alcantara in dashboards reflects a growing consumer preference for luxury and aesthetics, particularly in regions like Europe and the United States. Despite challenges such as declining internal combustion engine vehicle sales, the automotive dashboard market continues to expand, supported by major players like Johnson Controls International PLC, Faurecia SE, and Visteon Corporation, who are innovating to maintain a competitive edge.
Automotive Dashboard Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 LCD Dashboard
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2.1.2 Conventional Dashboard
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2.2 Vehicle Type
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2.2.1 Passenger Cars
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2.2.2 Commercial Vehicles
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2.3 Sales Channel
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2.3.1 OEM
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2.3.2 Aftermarket
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United Sates
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2.4.1.2 Canada
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2.4.1.3 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Russia
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2.4.2.5 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Japan
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2.4.3.4 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East & Africa
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2.4.5.1 United Arab Emirates
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East & Africa
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Automotive Dashboard Market Size FAQs
What is the current Automotive Dashboard Market size?
The Automotive Dashboard Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)
Who are the key players in Automotive Dashboard Market?
Johnson Controls International PLC, Faurecia SE, Visteon Corporation, ABB Ltd. and Toyoda Gosei Co., Ltd are the major companies operating in the Automotive Dashboard Market.