[192 Pages Report] The Automotive Display System Market size was estimated at USD 31.15 billion in 2023 and expected to reach USD 33.93 billion in 2024, at a CAGR 9.40% to reach USD 58.44 billion by 2030.
An automotive display is a transparent display that presents essential data in the vehicle without requiring drivers and users to look away from their usual viewpoints. Automotive display systems are generally attached to the vehicle's dashboard and provide information such as navigation direction, speed, distance traveled, and time to the driver. The production of automotive vehicles is increasing with a rising focus on improving vehicle display technologies, elevating the demand for automotive display systems. Additionally, the increasing demand for multimedia systems, navigation, driver assistance, connected car features across vehicles, and the growing need for driver-to-vehicle communication, is expanding the usage of automotive display systems. However, possible automotive system failures and high upgradation costs impede the market's growth. The introduction of smart automotive displays using multiple layers, 3D, auto-stereoscopic, prismatic, and diffractive light-field backlighting (DLB) is expected to create opportunities for the growth of the global automotive display market.
The Americas represents a highly developing and innovative landscape for the global automotive display market characterized by market players' rising introduction of smart automotive displays and the increasing adoption of automated and electric vehicles. As per the International Energy Agency (IEA), in the United States, electric car sales doubled their market share to 4.5% in 2021, reaching the sale of 630000. The overgrowing automotive production and the increasing incorporation of new and advanced automotive display systems across vehicles are benefiting the market growth in APAC and EMEA. For instance, in May 2022, Panasonic Automotive Systems Co., Ltd.'s large-screen WS HUD (WindShield Head-Up Display) was deployed in a new model crossover EV, the Ariya from Nissan Motor Corporation. In January 2023, Harman International Industries, a subsidiary of Samsung Electronics Co., Ltd., introduced HARMAN Ready Display, a portfolio of display products, including Neo QLED Auto, to bring leading consumer electronics display experiences into the vehicle. Thus, regional market players' ongoing introduction of innovative automotive display systems is expected to fuel the growth of the automotive display market in APAC.
The FPNV Positioning Matrix is pivotal in evaluating the Automotive Display System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Display System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Mercedes-Benz Launches E-Class, its Last New Combustion Engine Model.
The launch of the Mercedes-Benz E-Class indicates the company's commitment to the automotive display system market. This new model is equipped with a range of advanced in-car technologies, including a digital instrument cluster and heads-up display, making it one of the most innovative vehicles in its segment. This launch also marks the last new combustion engine model from Mercedes-Benz as they transition towards electrification. This move has implications for other automakers and suppliers in the automotive display system market, which may need to adapt and innovate to keep up with changing customer demands. [Published On: 2023-04-26]
BMW Reimagines The Head-Up Display.
The BMW Head-Up Display (HUD) has been completely redesigned and reimagined, providing unprecedented convenience and safety to automotive drivers. The new HUD technology includes many features, including enhanced graphics, increased visibility, and improved response times. The improved graphical interface displays real-time speed limits and turn-by-turn navigation information while automating certain functions, such as lane entry or departure warning systems. Additionally, the system can help identify hazards and provide solutions to better prepare drivers for potential risks on the road. Such advancements are expected to revolutionize the automotive display system market, significantly boosting market growth over the upcoming years. [Published On: 2023-01-05]
HARMAN Announces Ready Display, Transforming Consumer Electronics Display Experiences for the Vehicle.
The automotive display system market is poised to experience significant growth in the coming years. HARMAN, a global leader in connected car technology, has recently announced Ready Display, a platform that transforms consumer electronics display experiences for vehicles. The platform offers an array of innovative features, such as intuitive user interface navigation and advanced graphics capabilities. It also provides superior connectivity options, such as Bluetooth and Wi-Fi connections. As consumers continue to demand greater usability and convenience in their vehicles, Ready Display will help manufacturers meet these demands with a robust offering of services. This development revolutionizes the automotive display system market and further spurs its growth into the future. [Published On: 2023-01-04]
The report delves into recent significant developments in the Automotive Display System Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Alps Alpine Co., Ltd., AUO Corporation, Basemark Oy, BrightView Technologies, Inc., Continental AG, CY Vision, Denso Corporation, Futurus Technology Co.Lts, Garmin Ltd., HannStar Display Corporation, Hyundai Mobis Co., Ltd., Innolux Corporation, Japan Display Inc., LG Electronics, Mitsubishi Electric Corporation, Nippon Seiki Co., Ltd., Panasonic Holdings Corporation, Pioneer Corporation, Renesas Electronics Corporation, Robert Bosch GmbH, Sharp Corporation, Stoneridge, Inc., Synaptics Incorporated, TCL China Star Optoelectronics Technology Co.,Ltd., Valeo, Visteon Corporation, and Yazaki Corporation.
This research report categorizes the Automotive Display System Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Camera Information Display
- Center Stack Display
- Head-Up Display
- Rear Seat Entertainment
- Reconfigurable Instrument Cluster
- Display Size
- 5" to 10" Inch
- < 5" Inch
- > 10” Inch
- Technology
- Liquid Crystal Display
- Organic Light Emitting Diodes
- Vehicle
- Agricultural Vehicles
- Buses & Coaches
- Forklift, Port Vehicle & Internal Container Handling Vehicle
- Heavy & Special Duty Truck
- Light Commercial Vehicles
- Light Electric Vehicle
- Medium & Heavy Duty Vehicle
- Passenger Cars
- Sales Channel
- Aftermarket
- OEM
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Automotive Display System Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Display System Market?
- What are the technology trends and regulatory frameworks in the Automotive Display System Market?
- What is the market share of the leading vendors in the Automotive Display System Market?
- Which modes and strategic moves are suitable for entering the Automotive Display System Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Automotive Display System Market, by Type
- Automotive Display System Market, by Display Size
- Automotive Display System Market, by Technology
- Automotive Display System Market, by Vehicle
- Automotive Display System Market, by Sales Channel
- Americas Automotive Display System Market
- Asia-Pacific Automotive Display System Market
- Europe, Middle East & Africa Automotive Display System Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 26]
- List of Tables [Total: 476]
- List of Companies Mentioned [Total: 28]
Automotive Display System - The Scope:
An automotive display system mainly consists of a display panel and a controller that encompasses various functionalities, including infotainment, navigation, climate control, and vehicle diagnostics, among others. Notably, the automotive display system market has seen immense growth because of the convenience it provides drivers. With the growing demand for connected cars, display systems are becoming more sophisticated and come with advanced connectivity features like Bluetooth, NFC, and Wi-Fi, among others.
Importance of Automotive Display System:
One of the most significant contributions the automotive display system has made is the improved driving experience it provides. With the use of high-resolution displays, drivers can access a wide array of important information at a glance, from vehicle speed to fuel economy. Additionally, the integrated control systems in the display panel allow drivers to adjust climate control settings, switch radio stations, or access information from a navigation system without being distracted and taking their eyes off the road.
Latest Trends in Automotive Display:
The automotive industry is constantly advancing, and many trends have been introduced in recent years. One of the latest developments is OLED (Organic Light-Emitting Diode) technology, which provides superior picture quality and an enhanced driving experience. Additionally, manufacturers now offer curved displays, which match the shape of the dashboard, increasing the display's resolution and providing a more immersive experience.
Automotive Display System Market:
The global automotive display system market will grow tremendously in the upcoming years owing to the rise of electric and autonomous vehicles. Moreover, advancements in display technology, growing demand for connected cars, and higher disposable incomes are driving market growth.
The automotive display system has become a must-have feature in modern cars. The convenience, reliability, and superior performance it provides make it one of the most demanded technologies in the automotive industry. With the future looking bright for this technology, automobile manufacturers can take advantage of this opportunity to enhance the driving experience by offering more sparkling and intuitive in-car displays to their ever-growing customers.
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