High-Tech Dashboards Indicate Drastic Changes for Auto Parts Suppliers

Gaze at the instrument board on your latest car and you may discover glossy multicolored screens and digital gauges. But a quick look behind the dashboard might disclose what Visteon Corp., a U.S. auto supplier, found. It was a total mess!!!

As boxing ring in the automotive industry turned out crammed with ever more digital characteristics such as entertainment and navigation systems, the electronics binding it all together have turned out to be a rat’s nest of elements produced by various parts manufacturers. Now the real race is to clean up the mess. The company is amid a swing of suppliers targeting to make dashboard innards easier, affordable, and lighter as the market inclines toward a supposed virtual boxing ring.

High-Tech Dashboards Indicate Drastic Changes for Auto Parts Suppliers

What’s at bet is a fraction of the electronics market valued to be $37 Billion, expected by most of the research firms to grow 2 times by 2022 almost to $62 Billion. Most of the accounting firms estimate that electronics might contribute for up to 20% of a car’s worth in the coming 2 years, up from 13% in 2015. In the mean time, for most of the of suppliers, these elements are expected to decrease as auto manufacturers look forward to engage with less firms able to do more, as per Principal Automotive Analyst, Mark Boyadjis,.

“The difficulty of manufacturing 10 separate systems from 10 separate suppliers is no longer a task that an automaker wishes to perform,” Boyadjis claimed. He guesses that producers will ultimately work with 2 to 3 cockpit providers for every model, down from 6 to 10 in today’s era. One of company’s solutions is a computer component named as “SmartCore.” This cockpit area controller handles an instrument cluster of the vehicle as well as its other features including infotainment system all on the similar minute portion of silicon.

So far in 2017, the Detroit-based firm has grounded 2 huge deals for unrevealed sums. One, declared in April, is with Dongfeng Motor Corp., the second-largest automaker of China. The other is with Mercedes-Benz. Mercedes did not commented to any requests from the media. Another unidentified European auto manufacturer plans to utilize the same system in 2018.

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