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What key factors are powering the surge in the automotive smart display market right now?

The market size for automotive smart displays has seen robust growth in the recent past. We expect its growth to trend from $10.7 billion in 2024, soaring to $11.73 billion in 2025 with a compound annual growth rate (CAGR) of 9.6%. Factors such as a surge in the demand of consumers for advanced infotainment systems, the expansion of the automotive industry with an emphasis on in-car connectivity, the implementation of advanced driver assistance systems (ADAS), stringent safety regulations prompting the inclusion of smart displays, and the increasing demand for improved safety, comfort, and convenience in cars are credited for the strong growth in the historic period.

How fast Is the automotive smart display market expected to grow, and what’s its future value?

The market size of automotive smart displays is projected to witness a swift expansion in the coming years. It is set to achieve a value of $17.54 billion by 2029, with a compound annual growth rate (CAGR) of 10.6%. The upcoming growth can be credited to the quick acceptance of OLED panels, the increased output of both passenger and commercial vehicles, the flourishing high-end and luxury car sectors, the broadening of the connected car ecosystem, and a spike in the demand for electric and self-driving vehicles. The forecast period is expected to see unique trends such as the evolution of larger and more engaging display screens, the incorporation of voice command and gesture-based control for hands-off operation, customisation of display interfaces for a bespoke driving experience, partnerships between car manufacturers and tech firms, and innovation in automotive electronic modules and electronic control units.

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What are the leading drivers of growth in the automotive smart display market?

The market size of automotive smart displays is projected to witness a swift expansion in the coming years. It is set to achieve a value of $17.54 billion by 2029, with a compound annual growth rate (CAGR) of 10.6%. The upcoming growth can be credited to the quick acceptance of OLED panels, the increased output of both passenger and commercial vehicles, the flourishing high-end and luxury car sectors, the broadening of the connected car ecosystem, and a spike in the demand for electric and self-driving vehicles. The forecast period is expected to see unique trends such as the evolution of larger and more engaging display screens, the incorporation of voice command and gesture-based control for hands-off operation, customisation of display interfaces for a bespoke driving experience, partnerships between car manufacturers and tech firms, and innovation in automotive electronic modules and electronic control units.

What are the key segments defining the automotive smart display market?

The automotive smart display market covered in this report is segmented – _x000D_

_x000D_

1) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle_x000D_

2) By Display Technology: LCD, TFT-LCD, OLED_x000D_

3) By Autonomous Driving: Semi-Autonomous, Autonomous_x000D_

4) By Application: Digital Instrument Cluster, Center Stack, Head-up Display (HUD), Rear Seat Entertainment, Other Applications_x000D_

_x000D_

Subsegments:_x000D_

1) By Passenger Car: Infotainment Displays, Instrument Cluster Displays, Head-Up Displays (HUD), Rear Seat Entertainment Systems _x000D_

2) By Light Commercial Vehicle: Infotainment Systems, Navigation Displays, Instrument Panels, Fleet Management Displays _x000D_

3) By Heavy Commercial Vehicle: Multi-Function Displays, Fleet Management And Navigation Systems, Instrument Clusters, Driver Assistance Displays

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Who are the key players steering the development of the automotive smart display market?

Major companies operating in the automotive smart display market include Robert Bosch GmbH, Continental AG, DENSO Corporation, Visteon Corporation, Nippon Seiki Co Ltd., Panasonic Corporation, Pioneer Corporation, Yazaki Corporation, Alps Alpine Co Ltd., Hyundai Mobis Co Ltd., LG Display Co Ltd., Valeo SA, Magna International Inc., Delphi Technologies PLC, AU Optronics Corp., Japan Display Inc., Kyocera Display Corporation, Gentex Corporation, Garmin Ltd., HARMAN International, Delphi Technologies, WKW Automotive GmbH, Fujitsu Ten Limited, Clarion Co Ltd., Aisin Seiki Co Ltd., Hella KGaA Hueck & Co, Huizhou Desay SV Automotive Co Ltd., Ichikoh Industries Ltd., Marelli Holdings SpA, ZF Friedrichshafen AG

What emerging trends are influencing the growth of the automotive smart display market?

Leading corporations in the realm of automotive smart display are currently putting their efforts into the production of technologically superior products like head-up displays. The aim behind this is to improve driving interaction, enhance navigational systems and deliver real-time data. A head-up display (HUD) is a digitally transparent display that broadcasts crucial details such as velocity or navigation straight onto the windshield or a transparent screen directly in front of the driver, enabling the reading of data without having to deviate their gaze from the road. For instance, in May 2023, Raythink, an augmented reality head-up display producer based in China, introduced its smart vehicle AR-HUD solution. The standout feature of this display lies in its utilization of the OpticalCore picture generation unit and the wave-layer three-dimension technology. These allow for the projection of a fully naked-eye 3D image with depth, thereby providing enhanced and futuristic 3D effects that aim to enhance the driving experience. This differs from traditional solutions using thin-film transistor and digital light processing as OpticalCore makes use of laser beam scanning as a light source. This results in a broader field of vision that encompasses three lanes, superior image contrasts without the ill effects of light window or solar loading while also greatly reducing costs and power usage.

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Which regions are most influential in expanding the automotive smart display market?

Asia-Pacific was the largest region in the automotive smart display market in 2024.The regions covered in the automotive smart display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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