Upcoming Allied Market Research
Automotive Speedometer Market

Automotive Speedometer Market

by Vehicle Type (Two-Wheeler Vehicle, Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), Display Type (Electronic Automotive Speedometer, Mechanical Automotive Speedometer, Electromechanical Automotive Speedometer, Analog Automotive Speedometer, and Digital Automotive Speedometer), and Sales Channel (Original Equipment Manufacturer (OEM), and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A14792
Pages: NA
Apr 2023 | 1233 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Automotive Speedometer Market

Request Now !

An automotive speedometer or speed meter is a gauge that actively monitors & displays instantaneous speed of the vehicle. Speedometers for specific vehicles have particular names. There are two primary types of speedometers used in automotive segment named electronic automotive speedometer & mechanical automotive speedometer. The speedometer uses a rotating flexible cable usually driven by gearing linked to the output of vehicle transmission. When a vehicle is in motion, the gear assembly turns the speedometer cable, which revolves around its mechanism. Most cars have electronic speedometer controlled by a computer that converts signals from the sensors in the wheel into a specific voltage that maintains complete traction control over speed and drives the needle in the display. An automotive speedometer is often combined with an odometer and trip meter that maintains the record of the total distance traveled by the vehicle. Thus, with the rapid increase in the production of vehicles and the increase in road safety parameters globally increases the demand for automotive speedometers.

COVID-19 Impact Analysis:

The rapid outbreak of COVID-19 has impacted the entire automotive supply chain grappling with unforeseen challenges. This significant disruption has resulted in OEM shutdowns, lack of required labor & raw materials, and output reduction. Owing to the government’s norms in the pandemic, several organizations have started work from home as a safety measure which has led to a sudden decline in demand of automotive speedometer market. The weakening of vehicle demand due to OEM plant shutdowns and logistics issues were listed as two major concerns severely impacting the auto sector, including the automotive speedometer market. However, leading automakers in India have pursued digitization processes to push the sales throughout the pandemic period. 

Top Impacting Factors

  • Increase in vehicle production, rise in road safety parameters, stringent government rules & regulations, and urbanization & technology advancements drive the automotive speedometer market.
  • Replacement of speedometers to tachometers, and inaccuracy due to variation in tires diameter hinder the growth of the automotive speedometer market.
  • Increase in the hybrid speedometer technology, demand for wireless speedometers, and enhanced calibration for diagnostic capabilities boost the opportunities for the automotive speedometer market.

The Automotive Speedometer Market Trends are as Follows:

Increase in vehicle production:

The growth of electronics content in vehicles in recent years has brought significant changes in the automotive industry. The two-wheelers segment has dominated the automobile market owing to the growth in the middle class & young population. Furthermore, manufacturers’ increasing interest in exploring the rural markets further aided the development of the automotive sector. Furthermore, analog speedometers are widely used in automotive, owing to the advantage of better visual appearance & much easier to read the speed, which increases the demand for automotive speedometers in the market. According to the co-founder of CarDekho, the new car business is growing at an annual rate of 40%, while the used car business is growing aggressively at almost 150%. Hence, the consistent rise in demand for vehicles production has increased the growth of the automotive speedometer market.

Key Benefits of the Report:

  • This study presents the analytical depiction of the automotive speedometer market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the automotive speedometer market.
  • The current market is quantitatively analyzed to highlight the growth scenario of the automotive speedometer market.
  • The report provides a detailed automotive speedometer market analysis based on competitive intensity and the competition that will take shape in coming years.

Questions Answered in the Automotive Speedometer Market Research Report:

  • Who are the leading market players active in the automotive speedometer market?
  • What would be the detailed impact of COVID-19 on the market?
  • What are the current trends that would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the automotive speedometer market?
  • What are the future projections that would help in taking further strategic steps? 

Automotive Speedometer Market Report Highlights

Aspects Details
By Vehicle Type
  • Two-wheeler Vehicle
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
By Display Type
  • Electronic Automotive Speedometer
  • Mechanical Automotive Speedometer
  • Electromechanical Automotive Speedometer
  • Analog Automotive Speedometer
  • Digital Automotive Speedometer
By Sales Channel
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Galaxy Indicators India, US Speedo, Speedhut, Pricol Limited, Speedy Cables, YAZAKI Europe, Caerbont Automotive Limited, Bob’s Speedometer Service Inc., Acewell International Co. Ltd., Japnese Fine Machine.

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Automotive Speedometer Market

Start reading.
This Report and over 19,950+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers