The Global Automotive Display System Market to grow from USD 17,580.79 Million in 2019 to USD 28,662.21 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.48%.
Market Segmentation & Coverage:
The research report categorizes the Automotive Display System Market to forecast the revenues and analyze the trends in each of the following segments:
Based on Type, the Automotive Display System Market studied across Camera Information Display, Center Stack Display, Driver Information Display, Head-up Display, Rear Seat Entertainment, and Reconfigurable Instrument Cluster.
Based on Display Size, the Automotive Display System Market studied across 5" to 10" Inch, < 5" Inch, and > 10” Inch.
Based on Technology, the Automotive Display System Market studied across LCD and OLED.
Based on Vehicle, the Automotive Display System Market studied across Light Commercial Vehicles, Luxury Car, Mid-Size Cars, and SUVs and Crossovers.
Based on Geography, the Automotive Display System Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
The factors attributing to the growth of the market are growing demand for augmented reality-based huds, increasing government support and initiatives for road safety and mandatory gps system, and increasing demand for navigation and infotainment systems. However, some factors such as possible system failure and software update may hinder the market growth. The Automotive Display System Market expected to showcase the opportunities such as potential opportunities due to growing segments of large car, suvs & crossovers, mid-size car, and light commercial vehicles and new product development and technological advancement. Soon market may face the possible challenges in the growth due to high cost associated with the raw materials and displays. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Global Automotive Display System Market: Market Dynamics
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive Display System Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The Automotive Display System Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Automotive Display System Market, including AGC Automotive, Alpine Electronics, Inc., Continental AG, Delphi Technologies, Denso Corporation, Garmin Ltd., Hitachi Automotive Systems, Hyundai Mobis, LG Display Co., Ltd., Magneti Marelli S.p.A., MTA S.p.A., Nippon Seiki Co., Ltd., Panasonic Corporation, Robert Bosch GmbH, Visteon Corporation, and Yazaki Corporation.