Automotive Display Market

Global Automotive Display Market is valued at USD 8.61 Billion in 2022 and is expected to reach USD 15.19 Billion by 2029 with a CAGR of 8.4% over the forecast period.

Global Automotive Display Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029: Factors such as increasing use of smart display in automobile, increasing vehicle production, and increasing technological advancement in automotive display products are driving the growth of automotive display market.

Scope of Global Automotive Display Market

An automotive display is a transparent dashboard provided in vehicles with some advanced features like a rotating screen, curved screen, and floating screen, used for representing data in automobiles without requiring users to away from their visual viewpoints. There are different types of displays for different purposes such as head-up displays, rear-seat entertainment displays, driver information displays, and center stack display. In which use head-up display gives some vital information like speed, warning signals, indicator arrows, and percentage of fuel without looking down at another display to the driver. For the rear seat the earliest form of automotive entertainment is AM radio, now it comes with LCD, and many others. In 1976, first digital screen was introduced in car by Aston Martin, receiving data about speed, fuel, temperature, RPM, and time.

The overall impact of the COVID-19 outbreak has been negative on the automotive Display market. The COVID-19 pandemic has interrupted everyone’s daily lives and disrupted every industry across the globe. During this transformation, the COVID-19 outbreak is putting extra stress on the automotive display manufacturing industry, with a limited supply of automotive parts, a drop in new vehicle sales, a shutdown of manufacturing, and declining working capital/liquidity.

Global automotive display market is segmented based on monitor, display size, design, type, application, and region. Based on, the automotive Display market is segmented into CRT, LCD, LED, Plasma, OLED, and other. Based on display size, the automotive display market is segmented into 3"-5", 5"-10", and Others. Based on design, the automotive display market is segmented into Curved Displays, V Shaped Display, Curved Ultrawide Display, OLED Displays, and others. Based on type, the automotive display market is segmented into Head-Up display, Centre Stack display, Driver Information display, Rear-seat entertainment display, others. Based on application, the automotive display market is segmented into passenger cars, light commercial vehicles, heavy commercial vehicles, and others.

The regions covered in this automotive display market is North America, Europe, Asia-Pacific, Latin, and the Middle East. Based on a country level, the Automotive Display market is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Global Automotive Display Market Segmentation

By Product Type:

• Anti-vandal Display
• Ignition Display
• Lovato Display
• Low Pressure Display
• Push Button Display
• Rocker Display
• Rotary Display
• Temperature Display
• Toggle Display
• Wiper Display
• Others

By Type:

• Mechanical Display
• Electrical Display
• Power Display

By Purpose:

• Ignition Display
• HVAC Display
• Steering Wheel Display
• Window Display
• Overhead Console Display
• Seat Control Display
• Door Display
• Hazard Display
• Multi-Purpose Display
• Others

By Application:

• Passenger cars
• Light commercial vehicle
• Heavy commercial vehicle

Key Players for Global Automotive Display Market

Some of the key players for automotive display are

• Nippon Seiki Co. Ltd.
• Robert Bosch GmbH
• Continental AG
• Visteon Corporation
• Panasonic Corporation
• Thales Group
• Microvision Inc.
• Nuline Technologies
• New Vision Display
• Mitsubishi Electric's

News

LG Display showcases 1st autonomous concept car with futurist displays.

January 8^th, 2023- LG company has announced its new autonomous car concept with new display technology. According to LG Display, it might not be so far in the future that users will be able to watch a movie on a rollable screen that is necessarily extended downwards or check traffic or weather situations on a transparent screen on a window while on the go. Also, they showed off futuristic panels at CES 2023, including a clear-as-glass OLED screen, which it said could be commercialized in just a few years.

Global Automotive Display Market Dynamics

Increasing use of smart displays in automobile is boosting the growth of the automotive display market. Smart displays are wireless touchscreen displays executing for better distraction-free access for navigation, multimedia function, driver protection feature, and real-time diagnostics of the vehicle, in which engine heat indicator and tire pressure are there. Also, according to key players, the visual display makes cars safer and provides a better user experience, also better control to avoid distraction while driving for that companies planned to use smart displays over traditional displays and started working on improving display technology. For instance, in 2020, DENSO corporation paired with Qualcomm technologies to Develop Next-Generation Cockpit Systems. This has increased the demand for smart displays in vehicles and correspondingly contributed to the growth of the market.

In addition, the increasing demand for connected cars is also raising the demand for automotive displays. Connected cars come across some driver’s demanding features, that as the ability to have navigation, along with traffic news, at their fingertips, also provide theft protection, an entertainment system, provide parking assistance. Approximately 39% of drivers want their vehicles should be connected. With this, the adoption of connected cars has increased. For instance, in 2021 near about 30 million connected cars are on road worldwide. Therefore, enhancing the better experience of the aforementioned features in connected cars there is increase the demand for automotive display. Furthermore, for syncing connecting smartphones with infotainment systems, such as Spotify, YouTube, and car play, Apple increase the demand for automotive displays, and consequently it also drives market growth.

Global Automotive Display Market Restraint & Opportunity

However, high cost and low availability are affecting the growth of the automotive Display market. Furthermore, an increase in investment by key players in terms of various advancements in the automotive display, the rising awareness about the smart display, and increasing focus on 5G & wireless technology may create new opportunities for the growth of the global automotive display market in near future.

Global Automotive Display Market Regional Analysis

Geographically, Asia Pacific accounts for the highest share of the automotive display market. In Asia Pacific, China is the leading automotive components manufacturer in the world and exports its products across the globe. Also, it is one of the top producers for increasing production of luxury vehicles & technologically advanced infotainment systems, owing to enhanced safety features. India has also one of the growing countries in connected cars. For example, according to China Passenger Car Association, nearly 2.53 million luxury vehicles were sold in India. It is driving the automotive display system market into the APAC region.

Also, North America at second position in the dominance of the automotive display market which is a constantly growing market with increasing production of automotive displays by key players, and the region is a major manufacturer of connected vehicles that mandate the combination of display systems in a vehicle. Along with manufacturing the demand for connected vehicles is rising into the region.  For instance, as per analysis, in 2021 ~84 million connected cars are on road in the United States. At the other end of the spectrum, as vehicles become more autonomous, North American consumers spend less time driving and have more time for other activities. Thus, the infotainment functions of a vehicle have become even more important it is correspondingly boosting the demand for automotive displays by automakers. Thus, the market for automotive Displays is growing in the region.

Regional & Country Analysis

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2022
Forecast Period	2022 - 2029
Market Size in 2022:	USD 8.61 Billion
Base year considered	2021
Forecast Period CAGR %:	8.4%
Market Size Expected in 2029:	USD 15.19 Billion
Tables, Charts & Figures:	175
Pages	300
Key Players/Companies	Nippon Seiki Co. Ltd., Robert Bosch GmbH, Continental AG, Continental AG, Continental AG, Visteon Corporation, Panasonic Corporation, Thales Group, Microvision Inc. Nuline Technologies, New Vision Display, Mitsubishi Electric's.
Segments Covered	By Product Type, By Type, By Purpose, By Application.
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa