Automotive dashboard market size to grow by USD 17.69 million units from 2021 to 2026: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio
The global automotive dashboard market is expected to grow by 17.69 million units from 2021 to 2026, with a compound annual growth rate (CAGR) of 3.70%. Major factors driving this growth include the increasing adoption of advanced driver assistance systems and rising sales in the passenger vehicle segment. The market is characterized by intense competition among several vendors, including Faurecia SE (FAURY), Continental AG, and Visteon Corp. However, challenges such as the sharp decline in automobile production pose a threat to growth. The Asia-Pacific region will contribute 36% to market growth, driven by markets in China, Japan, and India.
- Expected market growth of 17.69 million units from 2021 to 2026.
- Adoption of advanced driver assistance systems driving dashboard demand.
- Passenger vehicle segment anticipated to experience significant growth.
- Sharp decline in automobile production and sales could hinder market growth.
Global automotive dashboard market – Vendor analysis
Vendor offerings –
- Continental AG - The company offers automotive dashboards where the integrated interior platform combines various displays, such as the instrument cluster and the center console display, with internet-based services to form a complete solution, under the brand name of Continental.
Dongfeng Motor Parts and Components Group Co. Ltd. - The company offers automotive dashboards that use proprietary surface materials to blend comfort and craftsmanship and offer superior surface workmanship in touch, color, grain, and gloss, under the brand name DFL.Faurecia SE - The company offers automotive dashboards that are more personalized, predictive, and connected environments to enable occupants to make the most of their time on board, under the brand name of Faurecia.- For details on vendors and their offerings – Buy the report!
The global automotive dashboard market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer automotive dashboards in the market are Continental AG, Visteon Corp.,
The global automotive dashboard market is at its growing stage. The companies have been expanding their business with innovative dashboard systems so that they can have an edge over their competitors. The vendors in the market in focus pose stiff competition to each other in terms of the quality and features of their automotive dashboards. These companies also face high exit barriers due to the large fixed costs associated with the manufacturing of automotive dashboards making the market highly competitive.
Global automotive dashboard market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –
- Key purchase criteria
- Adoption rates
- Adoption lifecycle
- Drivers of price sensitivity
Global automotive dashboard market - Segmentation assessment
Technavio has segmented the market based on vehicle type (passenger vehicles and commercial vehicles)
- The passenger vehicles segment will grow at a significant rate during the forecast period. This is due to the rise in the sales of passenger cars. An automotive dashboard is considered one of the most important components in passenger cars. The rise in sales of passenger vehicles will therefore bolster the demand for automotive dashboards during the forecast period.
By geography, the global automotive dashboard market is segmented into APAC,
- APAC will account for
36% of the market's growth during the forecast period.China ,Japan , andIndia are the key markets for automotive dashboards in APAC. Market growth in this region will be slower than the growth of the market in other regions. The various government initiatives to go green, increasing stringent carbon emission norms, increase in the number of EV charging stations, and the increase in participation by foreign as well as local OEMs to make EV technology more efficient and cost-effective will facilitate the automotive dashboard market growth in APAC over the forecast period.
Global automotive dashboard market – Market dynamics
Leading drivers - One of the key factors driving growth in the automotive dashboard market is the rising adoption of advanced driver assistance systems. The adoption of advanced driver assistance systems coupled with the increasing levels of electrification in vehicles are transforming the dashboards of both passenger and commercial vehicles. The trends in the automotive industry, such as connected vehicles, autonomous vehicles, and electric vehicles, will shift the focus of automakers to interiors for product differentiation to attract customers. Thus, it would further propel the demand for innovative and up-to-date automotive dashboards during the forecast period.
Key trends - The technological developments creating demand for digital dashboards is another factor supporting the automotive dashboard market share growth. With the advancements in technology, newly introduced dashboards have also been integrating the display of gauges and controls, as well as information, climate control, and entertainment systems. The demand for digital dashboards is largely dependent on sales of premium and luxury vehicles, as these dashboards are of high cost due to the integration of the latest technology. The increase in demand for luxury and premium vehicles will further drive the demand for digital dashboards during the forecast period leading to significant growth in the global automotive dashboard market.
Major challenges - The sharp decline in automobile production and sales will be a major challenge for the automotive dashboard market during the forecast period. All passenger vehicles and commercial vehicles have a dashboard. Therefore, the overall production and sales of automobiles will impact the global automotive dashboard market. This will reduce the demand for automotive components and parts in the global automotive market and hamper the growth of the global automotive dashboard market.
What are the key data covered in this automotive dashboard market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the automotive dashboard market between 2022 and 2026
- Precise estimation of the automotive dashboard market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the automotive dashboard industry across APAC,
North America ,Europe ,South America , and MEA - A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of automotive dashboard market vendors
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Automotive Dashboard Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Historic period | 2017-2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Decelerate at a CAGR of |
Market growth 2022-2026 | 17.69 million units |
Market structure | Fragmented |
YoY growth 2022-2023 (%) | 3.99 |
Regional analysis | APAC, |
Performing market contribution | APAC at |
Key countries | |
Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | Continental AG, Visteon Corp., |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents:
1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 3
Exhibit 04: Key Finding 5
Exhibit 05: Key Finding 6
Exhibit 06: Key Finding 7
Exhibit 07: Key Finding 8
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent Market
Exhibit 08 Parent market
Exhibit 09: Market characteristics
2.2 Value Chain Analysis
Exhibit 10: Value Chain Analysis: Automotive components and accessories
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
System suppliers
Component manufacturers
2.2.4 Distribution and logistics
2.2.5 Marketing and sales
2.2.6 Service
2.2.7 Innovations
3. Market Sizing
3.1 Market Definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1Estimating growth rates for emerging and high-growth markets
3.4.2Estimating growth rates for mature markets
Exhibit 13: Global - Market size and forecast 2021 - 2026 (million units)
Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 15: Five forces analysis 2021 - 2026
4.2 Bargaining power of buyers
Exhibit 16: Bargaining power of the buyer
4.3 Bargaining power of suppliers
Exhibit 17: Bargaining power of the supplier
4.4 Threat of new entrants
Exhibit 18: Threat of new entrants
4.5 Threat of substitutes
Exhibit 19: Threat of substitutes
4.6 Threat of rivalry
Exhibit 20: Threat of rivalry
4.7 Market condition
Exhibit 21: Market condition - Five forces 2021
5. Market Segmentation by Vehicle type
5.1 Market segments
Exhibit 22: Vehicle type- Market share 2021 - 2026 (%)
5.2 Comparison by Vehicle type
Exhibit 23: Comparison by Vehicle type
5.3 Passenger vehicles - Market size and forecast 2021-2026
Exhibit 24: Passenger vehicles - Market size and forecast 2021-2026 (million units)
Exhibit 25: Passenger vehicles - Year-over-year growth 2021-2026 (%)
5.4 Commercial vehicles - Market size and forecast 2021-2026
Exhibit 26: Commercial vehicles - Market size and forecast 2021-2026 (million units)
Exhibit 27: Commercial vehicles - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Vehicle Type
Exhibit 28: Market opportunity by Vehicle Type
6. Customer landscape
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
6.1 Overview
Exhibit 29: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 30: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 31: Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 32: APAC - Market size and forecast 2021-2026 (million units)
Exhibit 33: APAC - Year-over-year growth 2021-2026 (%)
7.4North America Market size and forecast 2021-2026
Exhibit 34:
Exhibit 35:
7.5
Exhibit 36:
Exhibit 37:
7.6
Exhibit 38:
Exhibit 39:
7.7 MEA - Market size and forecast 2021-2026
Exhibit 40: MEA - Market size and forecast 2021-2026 (million units)
Exhibit 41: MEA - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 42: Key leading countries
7.8 Market opportunity by geography
Exhibit 43: Market opportunity by geography (million units)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rising adoption of advanced driver assistance systems
8.1.2 High demand from passenger vehicle segment
8.1.3 Government regulations pertaining to in-vehicle navigation systems
8.2 Market challenges
8.2.1 Sharp decline in automobile production and sales
8.2.2 Fluctuating costs of raw materials
8.2.3 Safety concerns due to faulty components in automotive dashboards
Exhibit 44: Impact of drivers and challenges
8.3 Market trends
8.3.1 Technological developments creating demand for digital dashboards
8.3.2 Rising demand for multi-function integrated dashboards
8.3.3 Introduction of automotive holographic dashboards
9. Vendor Landscape
9.1 Overview
Exhibit 45: Vendor landscape
9.2 Landscape disruption
Exhibit 46: Landscape disruption
Exhibit 47: Industry Risk
10. Vendor Analysis
10.1 Vendors covered
Exhibit 48: Vendors covered
10.2 Market positioning of vendors
Exhibit 49: ?Market positioning of vendors?
10.3 Continental AG
Exhibit 50: Continental AG - Overview
Exhibit 51: Continental AG - Business segments
Exhibit 52: Continental AG -
Exhibit 53: Continental AG - Key offerings
Exhibit 54: Continental AG - Segment focus
10.4
Exhibit 55:
Exhibit 56:
Exhibit 57:
10.5 Faurecia SE
Exhibit 58:
Exhibit 59:
Exhibit 60:
Exhibit 61:
Exhibit 62:
10.6 Lear Corp.
Exhibit 63: Lear Corp. - Overview
Exhibit 64: Lear Corp. - Business segments
Exhibit 65: Lear Corp. -
Exhibit 66: Lear Corp. - Key offerings
Exhibit 67: Lear Corp. - Segment focus
10.7
Exhibit 68:
Exhibit 69:
Exhibit 70:
Exhibit 71:
10.8 Minda Corp. Ltd.
Exhibit 72: Minda Corp. Ltd. - Overview
Exhibit 73: Minda Corp. Ltd. - Business segments
Exhibit 74: Minda Corp. Ltd. -
Exhibit 75: Minda Corp. Ltd. - Key offerings
Exhibit 76: Minda Corp. Ltd. - Segment focus
10.9 SAIC Motor Corp. Ltd.
Exhibit 77: SAIC Motor Corp. Ltd. - Overview
Exhibit 78: SAIC Motor Corp. Ltd. - Business segments
Exhibit 79: SAIC Motor Corp. Ltd. -
Exhibit 80: SAIC Motor Corp. Ltd. - Key offerings
Exhibit 81: SAIC Motor Corp. Ltd. - Segment focus
10.10 Sterling Technologies Inc.
Exhibit 82:
Exhibit 83:
Exhibit 84:
10.11 Toyoda Gosei Co. Ltd.
Exhibit 85: Toyoda Gosei Co. Ltd. - Overview
Exhibit 86: Toyoda Gosei Co. Ltd. - Business segments
Exhibit 87: Toyoda Gosei Co. Ltd. -
Exhibit 88: Toyoda Gosei Co. Ltd. - Key offerings
Exhibit 89: Toyoda Gosei Co. Ltd. - Segment focus
10.12 Visteon Corp.
Exhibit 90: Visteon Corp. - Overview
Exhibit 91: Visteon Corp. - Business segments
Exhibit 92: Visteon Corp. -
Exhibit 93: Visteon Corp. - Key offerings
Exhibit 94: Visteon Corp. - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market Definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 95: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 96: Research Methodology
Exhibit 97: Validation techniques employed for market sizing
Exhibit 98: Information sources
11.4 List of abbreviations
Exhibit 99: List of abbreviations
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