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Automotive Dashboards Market: Increasing Demand for Automobile to Drive Growth of Market

News   •   Jan 16, 2018 08:01 EST

Automotive Dashboard Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025 is the newest report added in the vast research report repository of Transparency Market Research. The research report talks about the global market in terms of different growth trends, different forms, applications and in terms of geography as well. The study report on global market expects the quick development of the market for the given forecast period of 2017 to 2025. The positive development diagram of the market is ascribed to a few viewpoints that are well talked about in the research report. The precise costing assessment and value chain evaluation are also discussed in the research report. This study report tries to focus on the analysis of different stearates forms, its overall application in the market to reach varied client base. The research report tries to incorporate historical data of the global automotive dashboard market alongside the current market scenarios. Depending on the developments and trends and the past and current market scenarios, the research report tries to present the future market assessment for a period of 2017 to 2025.

Dashboard of an automobile can be compared to a control panel of a computer, situated right on the front side of the driver. It is a place that shows all the activities happening in the vehicle. Dashboards have been a vital component of every automotive right from the early days. It shows the controls and instrumentation for the operation of the vehicle. A simple dashboard of a vehicle has a steering wheel and indicators for fuel level, oil pressure, and speed. With advancements in technology over the period, newly launched dashboards show an array of gauges, and information along with control of entertainment systems and climate control. It may also have speedometer, odometer, fuel gauge, tachometer, and indicator for shift in gear positions, turn indicators, warning light for seat belt, low fuel indicator, engine malfunction lights, low tire pressure indicator, fault in the airbags, and parking braking warning light. These dashboards may also include indicators for low oil pressure, infotainment systems, and entertainment equipment among others.

One of the key driving factors for the development of the global market for automotive dashboards is the increasing demand for automobiles as no vehicle can be made without a dashboard. The increasing demand for passenger vehicles is generally high in the regions of Asia Pacific except Japan. This growth can be attributed to rise in the per capita income of people in the region. In addition to this, people are more interested in styling their vehicles. This is expected to fuel the growth of the market for automotive dashboards. One of the prime examples of this Chevrolet offering interior as well exterior cosmetic upgrades to their customers.

One of the more popular trends observed in the global market for automotive dashboards is the advent of touch screen dashboards. Tesla has radically changed the market game with the much anticipated launch of Tesla 3 models by completely removing the clusters of gauges, controls, and embedding everything into a single touch screen.

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Depending on the type of sales channels, the global market for automotive dashboards can be segmented into aftermarket and OEMs.

Depending on the type of dashboards, the global market automotive dashboards can be segmented into conventional dashboards and LCD dashboards.

In terms of application, the global market can be further segmented into commercial vehicles and passenger vehicles.

From a geographical standpoint, the global market can be segmented into key regions such as North America, Eastern Europe, Asia Pacific except Japan, Western Europe, Japan, and the Middle East and Africa.

Some of the key players in the global market for automotive dashboards include names such as ABB Group, Visteon Corporation, Faurceia, Johnson Controls International Plc, Huayu Automotive Systems Co., Ltd., Hainan Drinda Automotive Trim Co., Ltd, IAC, Dongfeng Electronic, Toyoda Gosei, Fusioncharts among others.