Global Automotive Smart Display System Market Size & Share to 2027
Global Automotive Smart Display System Market Size, Trends & Growth Opportunity, By Display Size (3-5, 6-10, and > 10), By Technology (Automotive, Home Goods & Furniture, Beauty & Cosmetics, Apparel Fittings, Grocery Shopping, Footwear, and Others), By Application (Center Stack, Digital Instrument Cluster, Rear Seat Entertainment, and Head-Up Display), By Region and Forecast till 2027
Global Automotive Smart Display System Market
Automotive smart display is a type of wireless touch screen device. It is designed to use in automobiles for providing distraction free access to multimedia functions, real-time diagnostics, navigation, and driver safety features of the vehicle including battery temperature, fuel capacity, tire pressure, and engine heat indications. The increase in disposable income and globalization as well as technologically advanced products will boost the market growth.
Market Drivers
Increase in demand for autonomous and semi-autonomous vehicles is the key driving factor which is expected to drive the global automotive smart display system market growth. Furthermore, increase in integration of smartphone connectivity in cars will significantly influence the market growth over the forecast period. The rise in penetration of smartphones with infotainment systems like Android Auto, Apple CarPlay, and Spotify, will increase the demand for smart displays in vehicles. Apple CarPlay and Android Auto are same in which they involve the use of smartphones to run the operating systems which have been optimized for road applications. These systems enable easy navigation, easy access to music, integration of advanced features with cockpit electronics, and phone call management etc. Moreover, increase in focus on 5G and wireless technology will fuel the market growth. The increase in demand for 5G technology as well as wireless technology is expected to create opportunities for global automotive smart display system market growth.
Market Restraints
The high cost of advanced automotive display systems, and threats of cyberattacks are the major restraining factors which are expected to hinder the global automotive smart display system market growth. Also, integration of multiple assistance system is act as restrain factor for market growth during this forecast timeline.
Market Segmentation
Global Automotive Smart Display System Market is segmented into display size such as 3-5, 6-10, and > 10, by technology such as LCD, TFT-LCD, and Others. Further, market is segmented into application such as Center Stack, Digital Instrument Cluster, Rear Seat Entertainment, and Head-Up Display.
Also, Global Automotive Smart Display System Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as ROBERT BOSCH GMBH, PANASONIC CORPORATION, CONTINENTAL AG, DENSO CORPORATION, ALPS ALPINE CO., LTD., VISTEON CORPORATION, LG DISPLAY CO., LTD., YAZAKI CORPORATION, PIONEER CORPORATION, and SAMSUNG ELECTRONICS CO., LTD.
Market Taxonomy
By Display Size
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