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Automotive Smart Display Market

Automotive Smart Display Market Forecasts to 2028 – Global Analysis By Autonomous Driving (Autonomous, Semi-Autonomous), Technology (TFT-LCD, OLED, LCD), Application (HUD, Centre Stack Touchscreen Display) and By Geography

4.2 (57 reviews)
Published: June 2021 ID: SMRC20644
4.2 (57 reviews)
Published: June 2021 ID: SMRC20644

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Automotive Smart Display Market is accounted for $7.35 billion in 2020 and is expected to reach $16.67 billion by 2028 growing at a CAGR of 10.8% during the forecast period. Integration of smartphone connectivity in cars, increasing awareness for safety features among consumers and rising adoption of OLED technology are propelling the market growth. However, the threat of cyberattacks and the high cost of the display are restraining the growth of the market.

An automotive smart display is a wireless touch screen device that is designed to improve the safety and security of the occupants in the vehicle.  Wireless smart display systems are powered by a battery, usually installed in private and commercial vehicles. Modern smart display systems also include vehicle-to-infrastructure and vehicle-to-vehicle connectivity to enhance customer experience.

Based on the autonomous driving, the semi-autonomous segment is going to have lucrative growth during the forecast period owing to the increasing integration of automotive electronic components, safety features, increased use of in-vehicle automotive smart display applications that provide better vehicle-driver communication, and the use of smart automotive components that assist the driver in terms of comfort and safe driving. By geography, North America is going to have high growth during the forecast period due to the high purchasing power of consumers in Canada and the United States that led to an increased demand for passenger cars in these countries, the increasing demand for advanced electronic and vehicle connectivity systems such as infotainment, telematics, and V2V and V2I features and the rising need for enhanced safety and comfort in vehicles.

Some of the key players profiled in the Automotive Smart Display Market include Yazaki, Visteon, Aptiv, Samsung Electronics, Robert Bosch, AU Optronics, Panasonic, Nippon Seiki Co., Ltd., LG Display, Hyundai Mobis, Gentex, Magna International, Denso, Continental AG, Garmin Ltd., Pioneer Corporation, Alpine Electronics and Valeo. 

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 7.35 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

10.8%

Predicted 2028 Value:

USD 16.67 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

255

Chapters Covered:

Display Size, Autonomous Driving, Vehicle Type, Display Technology, Vehicle Class, Propulsion, Sales Channel, Application and Region

Core Drivers and Opportunities:

  • Increasing awareness for safety features among consumers
  • Integration of smartphone connectivity in cars
  • Rising adoption of OLED technology

Restraining Factors & Market Threats:

  • Threat of cyberattacks
  • High cost of the display


Display Sizes Covered:
• <5” Display Size 
• 5”-10” Display Size 
• >10” Display Size 

Autonomous Driving Covered:
• Autonomous/Conventional
• Semi-Autonomous    

Vehicle Types Covered:
• Commercial Vehicles
• Passenger Car 

Display Technologies Covered:
• Thin-Film Transistor Liquid Crystal Display (TFT-LCD) 
• Organic Light Emitting Diodes (OLED) 
• Liquid Crystal Display (LCD) 

Vehicle Classes Covered:
• Mid-Segment
• Luxury
• Economy  

Propulsions Covered:
• Electric Vehicle
• Internal Combustion Engine (ICE)

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Applications Covered:
• Rear Seat Entertainment Touchscreen Display 
• Head-Up Display (HUD) 
• Digital Instrument Cluster/Advanced Instrument Cluster Display 
• Centre Stack Touchscreen Display  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China        
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Automotive Smart Display Market is majorly driven by increasing awareness for safety features among consumers, integration of smartphone connectivity in cars and rising adoption of OLED technology.

The semi-autonomous segment is growing at a highest CAGR owing to the increased use of in-vehicle automotive smart display applications that provide better vehicle-driver communication, increasing integration of automotive electronic components, safety features, and the use of smart automotive components that assist the driver in terms of comfort and safe driving.

Europe dominated with a significant market share due to the factors such as majority of OEMs in the region installing advanced features in vehicles, growing demand for technology, the rising need for a safe and secure driving experience.

Asia Pacific market is growing at a highest CAGR owing to the increasing cases of road accidents and the need for implementation of the measures related to road safety.

Key players in Automotive Smart Display Market include Yazaki, Visteon, Aptiv, Samsung Electronics, Robert Bosch, AU Optronics, Panasonic, Nippon Seiki Co., Ltd., LG Display, Hyundai Mobis, Gentex, Magna International, Denso, Continental AG, Garmin Ltd., Pioneer Corporation, Alpine Electronics and Valeo.

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