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Report on China's Automobile Instrument Industry, 2018-2022

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  • 40 Pages
  • January 2018
  • Region: China
  • China Research & Intelligence
  • ID: 4457567

The Market Size of the Global Automobile Instruments Surpassed USD 8 Billion in 2017

Automobile Instruments refer to devices reflecting the working condition of multiple systems within automobiles, which enable drivers to take better control of vehicles. Meanwhile, they provide drivers with important operational parameter information which helps technicians detect and remove failures within vehicles.

Automobile Instruments can be classified into many types by the installment method, by the type of display screens or by the operating principle. Although instruments vary with the models of automobiles, speedometers, tachometers, oil pressure gauges, water-thermometers, fuel gauges and chargometers are the necessary ones equipped in most automobiles.

According to analysis, the market size of the global automobile instruments surpassed USD 8 billion in 2017, up by 8% compared to 2016 and is expected to go above USD 12 billion in 2022. With continuous upgrading in product types in the global market, mid and high-end instruments with a size ranging from 3.5 inches to 8 inches are taking up shares from low-end ones characterized by mechanical instruments such as pointers and lattice meters in these years. The global automobile instrument market is mainly monopolized by MNCs (i.e. multinational enterprise) from Germany, Japan and the U.S. with a relatively high market concentration.

Maintaining an economic growth, China contributed to an increase in sales and penetration of automobiles as well as a growing market share of automobile instruments in the global market. China produced more than 29.01 million of automobiles in 2017, with a CAGR of approximately 12.6%. China has been established as the world's largest automobile manufacturer and seller for 9 consecutive years from 2009 to 2017. Chinese people own more than 200 million of automobiles, second only to the U.S. by the end of 2017.

According to analysis, the market size of automobile instruments in China exceeded USD 1 billion in 2017. Currently automobile instrument enterprises in China mainly fall into two categories. The first one being Sino-foreign joint ventures and exclusively foreign-owned enterprises that develop product platforms from abroad. They set up factories in China to produce instruments designed by their parent companies overseas with production techniques and equipment introduced. Foreign-funded enterprises keep strict secret in aspects such as product design and technology development, which is difficult for domestic enterprises in China to learn from. Foreign-funded enterprises enjoy a remarkable advantage in China's market for brand effect, advanced technology and supportive cooperation with full-vehicle manufacturers across the globe.

At present, China's mid-and-high-end automobile instrument market, particularly that of a full-vehicle market, are occupied mainly by Sino-foreign joint ventures and exclusively foreign-owned enterprises while a small share is taken by domestic enterprises in China. Another type of enterprises in China's market are the domestic ones with economic products and domestic distribution channels. Through technological transformation and innovation, such enterprises are able to meet the demands of domestic full-vehicle brands in style and quality. However, most of their technologies and equipment lag far behind that of the international advanced level. Therefore, products of local manufacturers whose market shares are gained through low-cost strategies, are mainly mid-and-low-end ones catering for domestic automobile brands and aftermarket.

At present a number of top automobile instrument manufacturers in China have won market shares both home and abroad through continuous technological innovation and a remarkable advancement. The rise of domestic brands such as BYD, JAC, Chang’an, Great Wall and Geely has stimulated the development of the automobile instrument industry in China.

The researcher estimates that both output and penetration of automobiles in China will witness further growth from 2018 to 2022, stimulating demand for automobile instruments. Meanwhile, rapid growth is obvious in output and sales volume of China's electric automobiles which require much more on instruments than the traditional fuel-engined ones. China's automobile instrument industry is expected to maintain a rapid growth in market scale and global shares from 2018 to 2022.

More information is available through this report:

  • Basic Concepts of Automobile Instruments
  • Economic and Policy Environment of Automobile Instrument Industry
  • Market Analysis of Global Automobile Instrument Industry
  • Analysis of Supply and Demand of Automobile Instruments in China, 2013-2017
  • Analysis on Competition of China's Automobile Instrument Market
  • Analysis on Demand of Full-vehicle Market for Automobile Instruments
  • Analysis on Demand of Aftermarket for Automobile Instrument
  • Analysis of Major Global and Domestic Automobile Instrument Manufacturing Enterprises
  • Drivers and Market Opportunities for Automobile Instrument Industry, 2018-2022
  • Threats and Challenges for Automobile Instrument Industry, 2018-2022
  • Prospect of China's Automobile Instrument Industry, 2018-2022

Table of Contents

1.Concept of Automobile Instrument Industry
1.1 Definition of Automobile Instrument Industry
1.2 Classification of Automobile Instrument Industry
1.3 Components of Automobile Instrument Industry
1.4 Development of Automobile Instrument Industry
1.5 Research Method of the Report
1.5.1 Parameters and Assumptions
1.5.2 Data Source
1.5.3 About the Author
2 Development Environment of Automobile Instrument Industry
2.1 Economic Environment
2.1.1 Global Environment
2.1.2 Domestic Environment
2.2 Policy Environment
2.3 Development Overview of Automobile Industry
2.3.1 Global Market
2.3.2 Domestic Market
3 Market Analysis of Automobile Instrument Industry
3.1 Overview of Automobile Instrument Industry Development
3.1.1 Global Market
3.1.2 Domestic Market
3.2 Market Supply
3.3 Market Demand
4 Analysis
Industry Chain of Automobile Instrument Industry
4.1 Composition of Automobile Instrument Industry Chain
4.2 Upstream of Automobile Instrument Manufacturing
4.3 Midstream of Automobile Instrument Manufacturing
4.4 Downstream of Automobile Instrument Manufacturing
5 Well-known Automobile Instrument Manufacturers Home and Abroad, 2016-2018
5.1 Visteon
5.2 Johnson Controls
5.4 Continental AG
5.6 Atech Automotive Co., Ltd.
5.7 Yazaki Corp
5.8 Magneti Marelli
5.9 Shanghai Delco Electronics & Instrumentation Co., Ltd.
5.10 Calsonic Kansei
6 Market Competition of Automobile Instrument Industry
6.1 Barriers to Entry in Automobile Instrument Industry
6.1.1 Technological Barriers
6.1.2 Capital Barriers
6.1.3 Distribution Channels
6.2 Competitive Landscape of Automobile Instrument Industry
6.2.1 Analysis on Bargaining Power of Upstream Suppliers
6.2.2 Analysis on Bargaining Power of Downstream Customers
6.2.3 Internal Competition in Automobile Instrument Industry
6.2.4 Potential Entrants into Automobile Instrument Industry
6.2.5 Substitutes for Automobile Instruments
7 Prospect of China's Automobile Instrument Industry, 2018-2022
7.1 Factors Influencing Development of China's Automobile Instrument Industry
7.1.1 Market Drivers and Opportunities
7.1.2 Threats and Challenges
7.2 Forecast on Supply of Automobile Instrument Industry
7.3 Forecast on Demand Scale
Selected Charts
Chart Classification of Automobile Instrument Industry
Chart Development of Automobile Instrument Industry
Chart China's GDP, 2013-2017
Chart Major Policies on Automobile Industry in China
Chart Global Output of Automobiles, 2012-2016
Chart Output and Sales Volume of Automobiles in China, 2007-2017
Chart Market Shares of Major Global Automobile Instrument Manufacturers, 2016
Chart Automobile Brands Supported by Global Major Automobile Instrument Manufacturers
Chart Output Volume of Automobile Instruments in China, 2012-2017
Chart Market Size of China's Automobile Instruments, 2012-2017
Chart Market Size of Automobile Instruments for OEM Use in China, 2012-2017
Chart Market Size of Automobile Instruments for Replacement, 2012-2017
Chart Composition of Industry Chain of Automobile Instrument Industry
Chart Global Top 10 Manufacturers by Sales Volume, 2016
Chart Sales Volume of Global Top 20 Automobile Brands, 2016
Chart Sales Volume of China’s Top 10 Automobile Brands, 2017
Chart Forecast on Output Volume of Automobile Instruments in China, 2018-2022
Chart Forecast on Market Size of China's Automobile Instruments, 2018-2022

Companies Mentioned

  • Atech Automotive Co., Ltd.
  • Calsonic Kansei
  • Continental AG
  • Johnson Controls
  • Magneti Marelli
  • Shanghai Delco Electronics & Instrumentation Co., Ltd.
  • Visteon
  • Yazaki Corp


Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.

Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.

Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.

The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.

The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.

1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.