Automotive Smart Display Market:
Growth opportunities in the Automotive Smart Display Market look promising over the next six years. This is mainly due to the continuous expansion in technology and increasing demand for semi-autonomous and autonomous vehicles.
Automotive Smart Display Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The stimulating demand for semi-autonomous and autonomous automobiles throughout the nation is one of the most prominent drivers proliferating the growth of the global automotive smart display market. Also, the incorporation of smartphone connectivity in cars will further strengthen the automotive smart display market size. The synchronization of smartphones with informant systems, which include Apple Carplay, Spotify, and Android Auto, has bolstered the market growth. The system provides navigation, assimilation of sophisticated features with cockpit electronics, easy approachability to music, phone call, and management. Additionally, the augmented demand for better security, comfort, and convenience in automobiles, especially in emerging countries, further contributes to automotive smart display industry.
In addition, enormous technologies, including advanced infotainment systems, head-up displays, central controllers, gesture control systems, and steering-mounted controls, have raised the implementation of these displays in passenger vehicles for better safety. The in-vehicle infotainment systems and electronic components play an important role, primarily for commuters, mobile workers, and travelers. The cockpit electronics technology trends and innovation help to enhance the experience of driver and passenger. In addition to this, the expanding focus on 5G and wireless technology is promoting market growth. The 5G technology permits the unification of automotive applications with smart display systems. However, the possibility of cyberattacks is a major factor that is hampering market growth.
Regional Drivers
Based on the regional coverage, Europe is projected to lead the market during the forecast period. This is mainly because enormous leading players such as Jaguar Land Rover, Nissan, BMW, and Honda emphasize the production of premium cars with immensely advanced electronics. Most of the OEMs are introducing modernized features in the vehicles, which is fuelling the market demand. Moreover, the augmented reality smart display systems such as HUDs are also developed to be reconcilable with advanced operating systems.
Automotive Smart Display Market’s leading Manufacturers:
- HYUNDAI MOBIS
- YAZAKI Corporation
- Visteon Corporation
- DENSO CORPORATION
- Panasonic Corporation
- Pioneer Corporation
- LG Displays Co., Ltd.
- ALPS ALPINE CO. LTD.
- Continental AG
- Bosch Global
Automotive Smart Display Market Segmentation:
Segmentation by Application
- Digital Instrument Cluster
- Centre Stack
- Head-up Display
- Rear Seat Entertainment
Segmentation by Display Size
- 5″ Display Size
- >10” display size
Segmentation by Display Technology
- LCD
- OLED
- Others
Segmentation by Vehicle Class
- Economy
- Mid-Segment
- Luxury
Segmentation by Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial vehicle
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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