Automotive Display Market Sales 2023, Revenue, Demands, Growth Projections, Industry Size, Competitive Trends, Market Regions and Forecast 2030

Automotive Display Market Research Insights

According to MRFR analysis, the global Automotive Display Market is expected to register a CAGR of ~ 7.48% from 2022 to 2030 and hold a value of over USD 16.2 billion by 2030.

Automotive displays when combined with the infotainment systems proposal an extensive range of intriguing facilities such as music, videos, vehicle health monitoring, and other connected services. The integration of advanced hardware & software systems, such as Apple CarPlay, and Spotify, is further driving the market expansion. Growing sales of electric and hydrogen fuel cell vehicles across the globe are creating a favorable environment for the market.

Impact of the covid -19 on the automotive smart display market affected widely reduced sales of vehicles due to the shutdown of the nation, ceased transportation reduced manufacturing and production led the market to fail the growth. The automobile industry investment fund for developing the smart display market faced a dilemma owing to the decay of the market. Growing demand engine information over the exhibition by monitoring the engine. More convenient to display the information the navigation, media, alertness formed during driving and many more expanded the market to grow high.

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Automotive Display Market Regional Analysis

Asia Pacific accounted for the largest revenue share of over 51.0% in 2020 and is expected to witness the fastest growth over the estimated period. China accounted for around 50% of the passenger vehicle auctions in the region. The country emerged as a leader in passenger car production and sales, with 21.3 million units and 21.4 million units, correspondingly, in 2019. Some of the region’s key players include Panasonic Corporation and Hyundai Mobis. The existence of a limited number of manufacturers creates substantial investment opportunities for regional suppliers to take advantage of the local demand, creating the region an attractive market for investors.

The European market accounted for a considerable share in 2020. The region is a manufacturing hub for prominent automotive OEMs and the best vehicle manufacturers. Production activity in the region has been pushed by investments made by OEMs, such as Daimler, Jaguar Land Rover, Volkswagen, Nissan, and Honda. A popular premium vehicle manufacturer in the region connected advanced automotive electronics systems in vehicles, which is projected to drive the European market.

Automotive Display Market Segmentation

The Global Automotive Display Market has been segmented into Application, Type, and Display size

Based on Applications, The Global Automotive Display Market has been segmented into Telematics, Navigation, and Infotainment)

Based on Type, The Global Automotive Display Market has been segmented into TFT LCD, PMOLED, and AMOLED

Based on Display Size, The Global Automotive Display Market has been segmented into 3”-5”, 6”-10”, and gt;10

Automotive Display Market Key Players

• LG Display Co. Ltd
• Panasonic Corporation
• Delphi Technologies
• Robert Bosch GmbH
• Visteon Corporation
• Continental AG
• 3M Company
• Nippon Seiki Co. Ltd
• Magneti Marelli S.p.A
• Qualcomm Technologies Inc among others

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Automotive Display Market Development:

The automotive display market has experienced significant growth in recent years and is expected to continue to develop in the future. The increasing demand for advanced technologies and features in vehicles has led to the adoption of various types of displays, such as touchscreens, digital instrument clusters, and head-up displays, among others.

TABLE OF CONTENTS

1. Executive Summary
2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Markets Structure

3. Market Research Methodology

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat Of New Entrants

4.1.2. Bargaining Power Of Buyers

4.1.3. Threat Of Substitutes

4.1.4. Rivalry

4.1.5. Bargaining Power Of Suppliers

4.2. Value Chain/Supply Chain Of Automotive Display Market

5. Market Overview Of Automotive Display Market

5.1. Introduction

5.2. Growth Drivers

5.3. Impact Analysis

5.4. Market Challenges

6. Market Trends

6.1. Introduction

6.2. Growth Trends

6.3. Impact Analysis

7. Automotive Display Market, By Type

7.1. Introduction

7.2. Rear Seat Entertainment Touchscreen Display

…Continued.

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Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.

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