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Global Instrument Cluster Market

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sandy laurea
Global Instrument Cluster Market

Global Instrument Cluster Market is expected to grow from US$ 8.43 Bn in 2017 to US$ 11.38 Bn by 2026, at a CAGR of 3.4% between 2017 and 2026. (Detailed analysis of the market CAGR is provided in the report) Instrument Cluster Market Instrument cluster market is segmented by application, vehicle type, technology, and region. On the basis of application, market is divided into odometer, speedometer, tachometer. Based on vehicle type, market is segmented into commercial, passenger car, agriculture, two-wheeler, off-highway. According to technology market is divided into  hybrid, analog, digital. Geographically, market is spread by North America, Asia-Pacific, Latin America, Europe, Middle East & Africa. Stringent government regulations for vehicle and passenger safety across the globe, growing vehicle production worldwide, and growing demand for instrument clusters due to the upturn in sales of two-wheelers are key driving factors for the growth of Instrument cluster market. However, increasing prices of instrument clusters due to advancements is expected restrain the market growth. An Instrument Cluster is a set of instrumentation which includes an array of simple controls to show speed, oil pressure, and fuel level. Instrument Cluster include tachometer, speedometer, and odometer. Features of an instrument cluster include gearshift position indicator, turn indicator, seat belt warning light, and engine malfunction light. Key Players in the Instrument Cluster Market Are Denso, Nippon Seiki, Continental, Visteon, Aptiv, Calsonic Kansei, Magneti Marelli, Pricol, Yazaki, Robert Bosch, JP Minda, Nvidia, Alpine Electronics, Luxoft, Cypress Semiconductor, Panasonic Automotive, Stoneridge, Parker Hannifin, Mini Meters Manufacturing, Dongfeng Electronic Technology

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