Denso Corporation, Continental AG, Visteon Corporation are dominating the Global Instrument Cluster Market in 2018

Global instrument cluster market is expected to grow at a substantial CAGR of 6.30% in the forecast period 2019 to 2026. The years considered for study are as mentioned below.

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Global instrument cluster market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market will have a prominent growth in upcoming years due to growing production of vehicle across the globe. In additionally; growing urbanization is another factor that influences the market growth in the coming future.

The market has witness developments in terms of merger and acquisitions, partnerships or product launches that expand the product portfolio for the customers which further meets the rising demand of innovative technology which further help the companies to sustain their position in the market. For instance, In November 2018, Bosch launched the new curved instrument cluster debuted in Volkswagen Touareg. It is digital cockpit which contains curved instrument cluster which provides the reliability. The cluster provides the option for the driver to select required features.

From these we can conclude that these strategic decisions will help the market players to improve their revenue share for the

Denso Corporation is dominated player in the global instrument cluster market. The other key players existing in the market includes NIPPON SEIKI CO., LTD., Continental AG, Robert Bosch LLC, Denso Corporation, Magneti Marelli S.P.A, Yazaki Corporation, Visteon Corporation, Calsonic Kansei Corporation, Pricol Limited , Cypress Semiconductor Corporation, Nvidia Corporation, Dongfeng Electronic Technology Co.,Ltd., Parker Hannifin Corporation, IAC Group, Panasonic Corporation, Mitsubishi Electric Corporation, Harman International, Inc., Kyocera International, Inc., Japan Display Inc, Ford Motor Company, Desay Corporation, Renesas Electronics Corporation and others.

DENSO CORPORATION:

Denso Corporation headquartered in Aichi, Japan which was founded in 1949. The company performs serves its products through following categories which include mobility, industry and home. The products offered in the mobility are air conditioning system, power train system, safety and cockpit system, part and accessories, and service station. The company serves its products to the following industries which include industry, agriculture and home.

• In December 2017, DENSO and BlackBerry formed partnership to develop the integrated automobile HMI platform. The partnership will help to develop the advanced technology which provides the safety while driving. The company brand value will get increased through this partnership.

The company has wide global presence across the globe such as Europe, North America, Asia-Pacific, Argentina, Brazil, Saudi Arabia, and South Arica. 

The company also generates revenue from its subsidiaries company which includes KYOSAN DENKI CO., LTD (Japan), DENSO INTERNATIONAL AMERICA, INC (U.S.), DENSO MANUFACTURING MICHIGAN, INC (U.S.), ASMO CO., LTD. (Japan), DENSO SALES CO., LTD (THAILAND) and others

CONTINENTAL AG:

Continental AG   headquartered in Hanover, Germany, which was founded in 1871. The Company performs their business into five segments, which include chassis & safety, powertrain, interior, tires, contitech, other/consolidation. The company offers its products through following categories which include Chassis & Safety, Powertrain, Interior, Tires. The company is focused to provide the goods and services to the customer with mobility, transporting materials and processing data in automobiles industry. 

• In June 2019, Continental and Leia developing the new 3D Lightfield Display which will deliver the third dimension to the automotive vehicles. The innovative cockpit solutions having the natural 3D Light field instrument cluster. The product will enhance the driver experience by making interaction simpler with the vehicle and more effective.

The company has wide global presence across the globe such as Europe, South America, North America, Africa and Asia-Pacific.

The company also generates revenue from its subsidiaries company  which includes  Conseo GmbH (Germany), Advance tyre company Ltd (Ireland), BeltTrade, Inc. (U.S.), ALPHALOR 3 EURL (France), Conticlub SAS (France) and Others.

VISTEON CORPORATION

Visteon Corporation has headquartered in Michigan, U.S.and was founded on 2000. The company performs its business through two segments such as electronics and others. The products offered by the company are instrument clusters, infotainment displays, head-up displays, telematics, and domain controller, autonomous. 

• In March 2019, the company launched first 3D cluster for all new PEUGEOT 208 in all parts of PEUGEOT’s unique 3D I-Cockpit, where the instrument cluster mostly represents the first real 3D cluster in the automotive production. It helps in displaying advanced reflections for creating the impressions of 3D graphics.

The company performs its business across the globe such as Europe, America, and Asia-Pacific.

The company also generates its revenue through various subsidiaries such as Autopal (India), Visteon International Holdings, Inc, (U.S.) Visteon Global Technologies Inc,(U.S) AllGo Embedded Systems Pvt. Ltd.,(India)Visteon (Thailand) Ltd.(Thailand).