Report Format: PDF
Published Date: Dec-2017 | 150 Pages | Report ID: VSR00203
Global Automotive Display Market Size showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ XXXX over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 10.09% during the forecast period, i.e. 2017-2025.
Global Automotive Display Market Growth Opportunities (Revenue, Growth) By 2017-2025
Focusing on enhancing passenger in-car experience by automobile manufactures is the key factor contributing the growth of global Automotive Display Market. Automotive display delivers necessary information to the driver, especially in cars having large displays A driver must look at a screen to operate it and it is a distraction from a road sight, automobile industry are continuously improving designs and including more features in order to enhance the driver/passenger experience. As per the customer demands the automobile industry have to fulfil various needs, different kind of displays are installed in automobiles such as head up display, instrument cluster display, centre stack display, entertainment display, mirror display, and other monitoring displays. Most of the OEMs are currently are focusing on strengthening their automotive display supply chain, and this is one of the supply side upcoming trend in the global Automotive Display Market.
Market Dynamics:
As per the market research analysis on the automotive market has seen high growth in automotive display technology in the upcoming years. The sales volume has increased from 50 million units to 71 million units per year from 2009-2017.Developing new technology, restructuring automobile industry. Automotive OEMs are continuously adopting new technological changes in order to enhance comfort and safety, which helps to grow the market significantly. Expanding sensor technology accelerates the growth of global Automotive Display Market. Increasing dependency of navigation system, However, replacement of mechanical controls with safety concerns, mechanical control with touch screen display, Expanding automotive display in developing regions are the some of the factors includes the growth of global Automotive Display Market.
Market Segmentation:
In the automotive display market due to high demand in navigation systems and infotainment system, the display segment also shows tremendous high growth rate potential these system offer high safety features in the automobile industry as they provide all the necessary information o a driver while looking at the road, the new instrument clusters not only provide basic information but also are used for navigations, infotainment controls, and other notifications. As the customer demand is increasing they are demanding more entertainment features in the cars, As the customer demand is increasing they are demanding more entertainment features in the cars, demand for the comfort as well as safety system, Rear seat entertainment display come mostly in the luxury cars segment. Rear seat entertainment display come mostly in the luxury cars segment. Recent technological advancement such as ADAS, augmented reality, and artificial intelligence has encouraged research development for the automotive display market, for gaining the competitive advantage the manufactures are totally focusing on differentiation and product innovation. Many customer do not prefer to pay high prices for the system this is one of the challenging factors of growth in the market being the high cost of head-up displays. Display panel such as OLED and QLED, are witnessing significant adoption in the automotive sector, contributing significantly to the overall system cost.
Regional Analysis:
Automotive displays are becoming larger in size with new features and ease of operation. There is high demand in larger displays among customers and manufacturers are responding to the demand by launching large screen monitors for passengers cars, as per the research Asia-ocenia is estimated will get the higher demand of automotive smart display product in upcoming years. There is highest demand in North America, Latin America, Europe, Asia, Pacific, The Middle east Africa. Moreover, with the growing demand for demand for head-up displays, larger screen monitors are projected to be a lucrative automotive display market, integration of instrument cluster, infotainment, and navigation system with other functions in a single display is an important reason sizes of automobile displays.
Global Automotive Display Market Size, Share Analysis By Region 2017
Automotive Display Market: Secondary Research
To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.
Automotive Display Market: Primary Research
For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in automotive display market are included as primary sources of the supply side.
After performing comprehensive engineering of automotive display market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.
Key Players:
The smart display for automotive market comprises a network of players involved in the research and product development; raw material supply; component manufacturing; distribution and sale; and post-sales services. Key players in the market include Robert Bosch GmbH (Germany), Panasonic Corporation (Japan), Continental AG (Germany), Denso Corporation (Japan), Magna International Inc. (Canada), LG Display Co. Ltd. (Korea), Valeo SA (France), Delphi Automotive PLC (U.K.), Kyocera Corporation (Japan), Yazaki Corporation (Japan), AU Optronics (Taiwan), Japan Display Inc. (Japan), Pioneer Corporation (Japan) and Alpine Electronics Inc. (Japan).
Global Automotive Display Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.
The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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