Turkey automotive instrument cluster market is anticipated to witness a steady CAGR in the forecast period, 2023-2027. Factors such as the increasing sales of luxury electric vehicles and the growing inclinations of consumers toward digital solutions in automobiles primarily drive the demand for Turkey's automotive instrument cluster market. With the development and technological advancements in the automotive industry, the need for electronic-driven instrument panels is increasing at a rapid rate. The surge in the installation of advanced driver assistance systems (ADAS) in premium vehicles and the growing expenditure capacity of consumers are expected to bolster the Turkey automotive instrument cluster market growth in the coming years.

Increased Sales and Production of Vehicle Drives the Market Growth

According to government data, the total investment volume by global brands in the automotive industry since 2000 is USD16 billion, and 1.3 million vehicles were produced in Turkey in 2021. Turkey ranks 1st in Europe in commercial vehicle production and ranks 4th in automotive production. 30 of the top 50 global suppliers have set up production facilities in Turkey. Rapid industrialization and increased investments by the original equipment manufacturers are transforming the automotive industry within the country. The investments by the original equipment manufacturers are helping in the expansion of the automotive manufacturing capabilities, which is making Turkey an integral part of the global value chain of the international OEMs. Turkish automotive industry is proven to be a production hub of excellence and is aiming to improve its research and development sector, design, and branding capabilities. Some of the major global brands having product design, development, and engineering hub in Turkey are Ford, Fiat, Daimler, AVL, and FEV. The automotive instrument cluster is being actively installed in automobiles to improve the driving experience and make the driver aware of the current condition of the vehicle. The rise in awareness about installing instrument clusters in vehicles is expected to fuel the Turkey automotive instrument cluster market growth over the next five years.

Growing Popularity of Electric Vehicle Supports the High Market Demand

The rise in concerns about the constantly depleting conventional sources of energy and the harmful effect of greenhouse emissions on the environment are shifting the consumers to invest in electric vehicles. It is necessary to know crucial information such as charging capacity, energy flow, range, state of charge, driving mode, and navigation. Automakers are displaying vital parameters of automobiles along with greeting messages to attract customers. This information displayed by the automotive instrument cluster helps the driver to drive electric vehicles without running out of charge in the midst of the journey. The government is supporting the sales of electric vehicles by working on providing income tax rebates, subsidies, and incentives to electric vehicle buyers and manufacturers. They are developing a supportive charging infrastructure to support the sales of electric vehicles. Electric vehicle manufacturers are installing automotive instrument clusters in their vehicles which is expected to propel the Turkey automotive instrument cluster market growth in the coming years.


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Market Segmentation

Turkey automotive instrument cluster market is segmented into vehicle type, cluster type, display screen, display color, regional distribution, and competitive landscape. Based on vehicle type, the market is divided into two-wheeler, passenger car, light commercial vehicle (LCV), and medium & heavy commercial vehicle (M&HCV). Based on cluster type, the market is divided into analog, digital, and hybrid. Based on display screen, the market is divided into LCD, LED, and others. Based on display color, the market is bifurcated into monochrome and colored. Turkey automotive instrument cluster market is studied in major regions namely Marmara, Central Anatolia, Aegean, Mediterranean, Black Sea, South-Eastern Anatolia, and Eastern Anatolia.

Market Players

Continental AG, Denso Corporation, Robert Bosch GmbH, Visteon Corporation, Panasonic Holdings Corporation, Borg Warner (Delphi), Magneti Marelli, Yazaki Corporation, Simco Ltd., Harman International, are the major market players operating in the Turkey automotive instrument cluster market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         Cluster Type

·         Display Screen

·         Display Color

Regional scope

Marmara, Central Anatolia, Aegean, Mediterranean, Black Sea, South-Eastern Anatolia, Eastern Anatolia

Key companies profiled

Continental AG, Denso Corporation, Robert Bosch GmbH, Visteon Corporation, Panasonic Holdings Corporation, Borg Warner (Delphi), Magneti Marelli, Yazaki Corporation, Simco Ltd., Harman International

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Turkey automotive instrument cluster market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Turkey Automotive Instrument Cluster Market, By Vehicle Type:
    • Two-Wheeler
    • Passenger Car
    • Light Commercial Vehicle (LCV)
    • Medium & Heavy Commercial Vehicle (M&HCV)
  • Turkey Automotive Instrument Cluster Market, By Cluster Type:
    • Analog
    • Digital
    • Hybrid
  • Turkey Automotive Instrument Cluster Market, By Display Screen:
    • LCD
    • LED
    • Others
  • Turkey Automotive Instrument Cluster Market, By Display Color:
    • Monochrome
    • Colored
  • Turkey Automotive Instrument Cluster Market, By Region:
    • Marmara
    • Central Anatolia
    • Aegean
    • Mediterranean
    • Black Sea
    • South-Eastern Anatolia
    • Eastern Anatolia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Turkey automotive instrument cluster market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Turkey Automotive Instrument Cluster Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Turkey Automotive Instrument Cluster Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Two-Wheeler, Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (M&HCV))

6.2.2.     By Cluster Type (Analog, Digital, Hybrid)

6.2.3.     By Display Screen (LCD, LED, Others)

6.2.4.     By Display Color (Monochrome, Colored)

6.2.5.     By Region

6.2.6.     By Company (2021)

6.3.  Product Market Map (By Vehicle Type, By Region)

7.    Turkey Two-Wheeler Instrument Cluster Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Cluster Type

7.2.3.     By Display Screen

7.2.4.     By Display Color

8.    Turkey Passenger Car Instrument Cluster Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Cluster Type

8.2.3.     By Display Screen

8.2.4.     By Display Color

9.    Turkey LCV Instrument Cluster Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value and Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Cluster Type

9.2.3.     By Display Screen

9.2.4.     By Display Color

10.  Turkey M&HCV Instrument Cluster Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value and Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Cluster Type

10.2.3.  By Display Screen

10.2.4.  By Display Color

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends and Developments

13.  Policy & Regulatory Landscape

14.  Turkey Economic Profile

15.  Competitive Landscape

15.1.              Company Profiles (Partial List of Leading Companies)

15.1.1.    Continental AG

15.1.2.    Denso Corporation

15.1.3.    Robert Bosch GmbH

15.1.4.    Visteon Corporation

15.1.5.    Panasonic Holdings Corporation

15.1.6.    Borg Warner (Delphi)

15.1.7.    Magneti Marelli

15.1.8.    Yazaki Corporation

15.1.9.    Simco Ltd.

15.1.10.  Harman International

 16. Strategic Recommendations

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