Automotive Display System Market by Type (Camera Information Display, Center Stack Display, Head-Up Display), Display Size (5" to 10" Inch, < 5" Inch, > 10” Inch), Technology, Vehicle, Sales Channel - Global Forecast 2024-2030
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.
Global Automotive Display System Market
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.
Regional InsightsThe 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.
FPNV Positioning MatrixThe 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).
Market Share AnalysisThe 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.
Key Company ProfilesThe 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.
Market Segmentation & CoverageThis 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
- 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
The report offers valuable insights on the following aspects:- 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.
The report addresses key questions such as:- 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?
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