[185 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 market dynamics represent an ever-changing landscape of the Automotive Display System Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Automotive Display System Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Automotive Display System Market.
The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Automotive Display System Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.
The value chain of the Automotive Display System Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.
The pricing analysis comprehensively evaluates how a product or service is priced within the Automotive Display System Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Automotive Display System Market.
The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Automotive Display System Market.
The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Automotive Display System Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.
The trade analysis of the Automotive Display System Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.
The regulatory framework analysis for the Automotive Display System Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive Display System Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment 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, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive Display System Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. 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 these illustrative details, 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 strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive Display System Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
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: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
- 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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