Global Automotive Smart Display Market Overview, Trends and Growth Opportunities Forecasted till 2022
The rising demand for advanced functions including multimedia system, navigation, connected car features and assistance features for drivers improving driver-to-vehicle communication is boosting the use of smart display in automotive. OEMs are also increasingly investing in the research and development to enhance car features and improve display technologies. This Fact.MR report discusses key prospects for growth of global automotive smart display market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.
The scope of the report is to analyze the global automotive smart displays market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive smart display manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
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According to a new study by Fact.MR, the global automotive smart display market is projected to witness steady growth during 2017-2022. By the end of 2022, the market is anticipated to be worth US$ 6,478 million. Rising demand for innovative features in vehicles is enhancing the growth of automotive smart display system.
6-10 Inches to be the Highly-Preferred Display Size
Currently, demand for 6-10 inches smart displays is the highest. This segment is expected to reach US$ 1,834 Mn in 2017. 3-5 inches is the second largest segment in terms of revenues.
LCD Display Technology to Represent Robust Growth
Compared to TFT-LCD technology, LCD display technology is anticipated to witness strong growth in the global automotive smart display market. Towards the end of 2017, LCD will account for nearly one-third of the global revenue share.
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Advanced Instrument Cluster Display to Witness Maximum Usage
Advanced instrument cluster display is expected to gain healthy growth in the global automotive smart display. The advanced instrument cluster display is projected to bring in nearly US$ 1,896 million in revenue by the end of 2022. Meanwhile, center stack touchscreen display is also expected to witness strong growth in the global automotive smart display market.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global automotive smart display market through 2022, which include AU Optronics Corp., Alpine Electronics, DENSO Corp., Visteon Corporation, Continental AG., LG Display Co., Ltd., Japan Display Inc., Panasonic Corp., Robert Bosch GmbH, Yazaki Corporation, and Valeo SA.
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports
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