Automotive Instrument Cluster Market Size

Automotive Instrument Cluster Marketsize was valued at USD 11.8 billion in 2024 and is expected to reach USD 18 billion by 2037, registering around 3.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive instrument cluster is assessed at USD 12.11 billion.

The growth of the market can primarily be attributed to the growing level of autonomy in vehicles worldwide. Furthermore, the automotive instrument cluster provides information that enables the driver to operate the vehicle without much intervention. For instance, as per the data reported, automotive vehicles are anticipated to account for more than 10 percent of car registrations by the end of 2030.

The automotive instrument cluster houses various displays and indicators that enable a driver to operate the vehicle. Several gauges such as speedometers, fuel gauges, odometers, tachometers, oil pressure gauges, and others, as well as various indicators, are responsible for warnings about system malfunctions. In modern cars, all of the sensors are connected to the electronic control unit (ECU). The ECU sends all the relevant information to the instrument cluster, while the instrument cluster provides drivers with all critical system information. With the recent advancements in automotive as well as electronics, the demand for automotive instrument clusters is on the rise amongst automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global automotive instrument cluster market during the forecast period. It is estimated that by 2030, electronics will make up around 50% of the cost of a new car.