GlobalData’s latest report “Global Sector Overview & Forecast: Cockpits and Instrumentation,” reveals that the APAC cockpits and instrumentation market is estimated to stand at 144.3 million units in 2023. The high growth in luxury and medium segment cars in the APAC markets drove the category over the past years, driven by the category of instrument clusters. The penetration rate of China, Japan, India, and Korea is constant at 100% throughout the forecast period. The sector is estimated to reach 164.7 million units by 2028.