Global Car Display Cover Lens Market Research Report 2025(Status and Outlook)

Global Car Display Cover Lens Market Research Report 2025(Status and Outlook)

Report Overview

Car Display Cover Lens is a glass protective screen designed for car displays. Its main function is to protect precision electronic components such as touch sensors and display panels. Glass cover is also called glass protective screen (Cover Lens). This cover is usually composed of a multi-layer structure, including a conductive layer, a hardened layer, a glass layer, an ink layer, etc., to ensure that it has key properties such as high strength, high light transmittance, good toughness, scratch resistance and water collection. Due to the extremely high requirements of the automotive industry for safety performance, the glass itself needs to have high toughness and will not cause secondary damage to the human body due to shattering, so the car display cover is mainly made of high aluminum glass.

The global Car Display Cover Lens market size in 2024 is US$11.703 billion. It is expected to reach US$18.823 billion by 2032, with a compound annual growth rate of 6.12% during the forecast period (2024-2030). Government support policies and innovations by vehicle manufacturers in fast charging, endurance, autonomous driving and other fields have stimulated consumer demand. The rapid development of new energy vehicles not only promotes the growth of the automobile market, but also brings new opportunities to related fields such as automotive electronics and smart cockpits. At present, the in-vehicle display screen is developing towards large-screen, multi-screen, interactive, complex and high-definition. In addition, with the innovation and upgrading of touch screen industry technology, the stability, safety and reliability of in-vehicle display screens have rapidly improved, and the value of the entire industry chain has been significantly improved.

The upstream products of in-vehicle display cover are not directly facing end consumers and are highly customized. The upstream includes raw materials and related processing equipment, and 50% of the cost of raw materials is mainly glass substrates. The core suppliers of glass substrates for global consumer electronics include Corning, Schott, AGC, etc., which monopolize more than half of the global consumer electronics glass market. Processing equipment includes CNC, flat grinding & polishing machines, hot bending machines, etc., which belong to the field of equipment with relatively sufficient supply and maturity. Due to the high quality requirements of downstream manufacturers for their products, companies in this industry are constantly pursuing breakthroughs in product quality, and are very strict in selecting upstream glass substrate suppliers. In addition, other basic raw materials for in-vehicle display cover plates mainly include hydrochloric acid, concentrated sulfuric acid, potassium nitrate, polishing powder, etc.

The midstream automotive display cover processing links include manufacturers such as Lens Technology and Bern Optics. The core competitiveness of glass cover deep processing comes from the manufacturer's processing technology and surface treatment capabilities for glass cover, which is reflected in the unique performance of the product; second, it comes from the manufacturer's ability to control the production process, which is reflected in the performance of product yield and the ability to control costs; third, it comes from the manufacturer's standardized production and processing capabilities. The complete processing technology can provide better customer service and meet customers' customized and diversified needs for glass cover. Overall, the glass cover industry is arranged in a pyramid shape. The number of companies at the bottom is large, the production capacity is overcapacity, the products produced are of low precision and poor competitiveness, so the profits are severely squeezed by downstream manufacturers. The barriers of companies at the top of the pyramid are higher, and the products have higher gross profit margins due to the addition of flexible production, personalized customization and other high-end technologies.

The downstream direct supporting customers of automotive display cover are generally panel manufacturers such as Samsung Display, LG, BOE, Shenzhen Tianma, etc., and finally delivered to automotive display terminal brand manufacturers. According to the forecast of Huirui Consulting, automotive panels will continue to grow in 2024, with total shipments (LCD+OLED) exceeding 200 million panels, and each car will have more than two panels on average. In the field of in-vehicle displays, OLED shipments are still small compared with mainstream LCDs. But OLED is gradually penetrating into high-end flagship models of traditional cars and applications in new energy vehicles. Although OLED's reliability, brightness and life are challenged compared with LCD, these challenges are gradually being overcome by using flexible and tandem structures. The price of 12 to 14-inch rigid OLEDs is more than twice that of LCDs, and the price of flexible types is even higher. The in-vehicle display OLED market is currently dominated by LG Display (LGD) and Samsung Display (SDC) in South Korea. JOLED is entering the market with its IJP OLED approach. European car brand manufacturers that emphasize design prefer to use some technologies of flexible OLEDs, and car manufacturers in other regions are also following this trend. Among China's OLED panel manufacturers, BOE will supply flexible OLED panels to different automakers starting in 2022. In addition to BYD, which has a large shipment volume, it also provides OLED panels to Ideal, SAIC, Weilai and other automakers.

The automotive display cover industry presents a highly concentrated competitive landscape, and the industry is mainly dominated by a group of large companies, including Corning, Asahi Glass, Lens Technology and Bern Optics. These companies have obvious advantages in technology research and development, production scale and market share. Especially in the field of high-end glass cover, core manufacturers have formed a high market entry threshold with strong technical barriers and customer resources. In addition, these companies maintain close cooperation with downstream vehicle manufacturers and smart device manufacturers, firmly occupying an important position in the industrial chain. Among them, the cover industry has a high degree of concentration, and the market share (CR10) of the top ten companies in the entire industry exceeds 80%.

This report provides a deep insight into the global Car Display Cover Lens market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Car Display Cover Lens Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Car Display Cover Lens market in any manner.

Global Car Display Cover Lens Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Corning Inc.

Asahi Glass Co., Ltd.

Lens Technology Co., Ltd.

Bern Optics Co., Ltd.

Tongda Group

Xingxing Technology Co., Ltd.

BYD Electronics Co., Ltd.

Helite Technology Co., Ltd.

Vog Optoelectronics Co., Ltd.

O-Film Technology Co., Ltd.

Tunghsu Group Co., Ltd.

Kibing Group Co., Ltd.

Wuhu Token Science Co., Ltd.

Truly International Co., Ltd.

Leibao Hi-Tech Co., Ltd.

Xinwu Optoelectronics Co., Ltd.

Xinhao Optoelectronics Co., Ltd.

Shengli Precision

Market Segmentation (by Type)

Driving screen

Infotainment screen

Market Segmentation (by Application)

Passenger cars

Commercial vehicles

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Car Display Cover Lens Market

Overview of the regional outlook of the Car Display Cover Lens Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Car Display Cover Lens Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.