Global Automotive Display System Market Size, Drivers, Trends, Opportunities And Strategies – Includes Automotive Display System Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Growth in vehicle production is likely to stimulate innovation in the manufacturing of automotive display systems, propelling the market over the forecast period.
The global automotive display system market is expected to grow from $18.37 billion in 2022 to $21.30 billion in 2023 at a compound annual growth rate (CAGR) of 16.0%. The global automotive display system market size is expected to reach $37.09 billion in 2027 at a CAGR of 14.8%.
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Global Automotive Display System Market Segments Include:
- By Product Type: Center Stack Display, Camera Information Display, Reconfigurable Instrument Cluster, Driver Information Display, Rear Seat Entertainment, Head-up Display
- By Technology: LCD, OLED
- By Screen Size: < 5″ Inch, >5″-10″ Inch, >10” Inch
- By Vehicle Type: Mid-Size Car, Luxury Car, SUVs and Crossovers, Light Commercial Vehicles, Other Vehicles
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global automotive display system market in 2021.
Major Market Players in the automotive display system market include Continental AG, Visteon Corporation, Panasonic Holdings Corporation, DENSO Corporation, Nippon Seiki Co. Ltd., Robert Bosch GmbH, Magneti Marelli S.p.A., Yazaki Corporation.
Technological developments are a prevalent trend in the vehicle display system market. To maintain their market position, major businesses in the automobile display system market are focusing on bringing technological advances. Visteon Corporation, a US-based vehicle electronics business, for example, launched microZone in June 2021, a new OLED alternative and the first display technology to give higher optical performance without compromising dependability or lifetime. MicroZone technology is a cutting-edge alternative to organic light-emitting diodes (OLEDs) and the first of its kind in the automotive industry. Visteon created MicroZone in response to market demand for a high-end experience-delivery display that meets stringent automotive criteria. Based on existing LCD technology and having met strict automotive qualification standards, MicroZone is acknowledged as the first car display to deliver extraordinary optical performance without compromising vehicle durability.
The Automotive Display System Global Market Report 2023 provides a automotive display system market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive display system market forecast analyzes automotive display system market size, automotive display system market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The automotive display system market refers to a digital screen installed inside automobiles to offer essential information and other infotainment-related information to the driver and passengers. It shows information directly in front of the driver’s eyes, reducing distractions and preventing accidents.
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