Automotive Display Market Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Posted by Devanand on October 3rd, 2022

Automotive Display Market Overview

By 2025, the Automotive Display Market is anticipated to be worth USD 20.2 billion, expanding at a CAGR of 8.3%.

The market for automotive displays is booming thanks to technological advancements including the development of infotainment systems and in-car networking. With the introduction of more advanced, larger, more effective, and technologically advanced screens, the traditional concept of having a small screen for the central console and CD players for basic operations has entirely changed.

While premium car makers have shifted to digital instrument clusters, multiple screens in car cabins, back seat entertainment displays, and head-up displays, infotainment, and navigation systems have become standard features in the majority of cars.

As a result of COVID-19, the market has slowed. The demand for vehicles has decreased as a result of lockdowns and travel restrictions. As a result, over the past two years, the growth of the automobile parts business has also decreased. This trend may be observed in every area of the automotive industry.

Request Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/6954

Long-term technology improvements and breakthroughs in various car display systems, including infotainment, telematics, instrument cluster, etc., are what essentially drives the market. The industry is expanding in developed countries due to increased consumer preference for safe and convenient driving.

Automotive Display Market Segmentation

  •      By Applications:

Based on applications, the world market is segmented into Telematics, Navigation, and Infotainment.

  •      By Type:

According to type, the global market is segmented into TFT LCD, PMOLED, PMLCD, AMOLED, and a variety of other displays.

  •      By DisplaySize:

Based on display size, the global market is segmented into three categories: 3"–5", 6"–10", and larger than 10".

Automotive Display Market Regional Classification

Region-based divisions of the automobile display market include Europe, Asia-Pacific, North America, and the rest of the globe. Europe is anticipated to control the majority of market revenue. Due to the vast number of automakers, including Audi, BMW, Porsche, and Lamborghini, Europe is expected to experience the highest market growth during the anticipated period. The market value is expected to increase steadily as a result of all these branded vehicles. It is anticipated that nations like Germany, France, and the UK will exert some dominance in the European markets for vehicle display solutions.

Asia-Pacific is expected to grow more quickly than other regions throughout the anticipated period. The automotive display solutions market is anticipated to be dominated by nations like South Korea, Japan, and China. Due to the existence of telecommunications companies like Huawei, China Telecom, and Bharti Airtel, this market dominance is expected. The market in the Asia Pacific is driven by these well-known industries.

The period covered by this global market report is from 2018 to 2023. An estimation of the growth that these locations can demonstrate provides the facts.

Speak to Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/6954

Automotive Display Market Key Players:

  •          LG Display Co. Ltd (South Korea)
  •          Panasonic Corporation (Japan)
  •          Delphi Technologies (UK)
  •          Robert Bosch GmbH (Germany)
  •          Visteon Corporation (US)
  •          Continental AG (Germany)
  •          3M Company (US)
  •          Nippon Seiki Co. Ltd (Japan)
  •          Magneti Marelli S.p.A (Italy)
  •          and Qualcomm Technologies Inc (US)

Automotive Display Industry News

To improve safety and mobility, Visteon unveils the fourth-generation SmartCoreTM domain controller in January 2022. Smart displays offer seamless support for multiple displays, integrated infotainment, safety, and security functions, as well as speech recognition powered by artificial intelligence and camera-domain integration.

The Hyundai Genesis GV80 will receive Continental's 3D display without special glasses starting in March 2020. According to Continental, this display relies on an inside camera to determine the driver's line of sight.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

Market Research Future

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Website:https://www.marketresearchfuture.com

Like it? Share it!


Devanand

About the Author

Devanand
Joined: July 26th, 2022
Articles Posted: 902

More by this author