An automotive dashboard is the control panel of the driver which consists of several instruments ranging from speedometer, odometer, tachometer and fuel meter among others. The global automotive industry is observing a paradigm shift from traditional technologies to advanced technologies in the current scenario. The automotive OEMs are constantly emphasizing on the aesthetics of the vehicle which attracts the customers and in order to enhance the vehicle interiors, the OEMs are pressurizing the component manufacturers to innovate and develop technologically advanced components.
MARKET SCOPE
The "Global Automotive Dashboard Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive Dashboard market with detailed market segmentation by material type, components, platform, and geography. The global Automotive Dashboard market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive Dashboard market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on material type, the market is segmented as PVC and Wood
? The market on the basis of component, the market is segmented into Speedometer, Tachometer, Odometer and Fuel Meter.
? On the basis of platform the market is segmented into Analog and Digital
MARKET DYNAMICS
Drivers:
? The increasing demand from customers related to fuel-efficient vehicles is expected to drive growth of the global Automotive Dashboard market.
? The dashboard manufacturers are developing lightweight, tough and durable dashboards, which reduces the fuel consumption to a great extent
Restraints:
? The high price of raw materials are expected to restrain growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automotive Dashboard market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters five force analysis highlighting factors factors affecting the Automotive Dashboard market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE DASHBOARD MARKET
The outbreak of the COVID-19 has severely impacted the automotive and transportation, and other related industries. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption in global supply chain is expected to leave an impact on the industry through till mid-2021. However, demand for automotive related products such as Automotive Dashboard has remained unaffected as the budgets for manufacturing of vehicle had been allocated prior to the pandemic. They are making considerations about vehicle design and materials to efficiently allocate budgets for production. This is expected to drive the Automotive Dashboard market.
MARKET PLAYERS
The report covers key developments in the Automotive Dashboard market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automotive Dashboard market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Dashboard in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automotive Dashboard market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Actia Group
? Formwoods Inc.
? Prestige Autowood
? Sherwood Innovations
? Brace automotive
? American Dash
? So.F.Ter S.r.l
? Sterling Technologies Inc.
? SAS Autosystemtechnik Verwaltungs GmbH
? Diametric Technical Ltd