Automotive Display Market Market By Regional Statistics & Growth Forecast 2019-2025

Continental AG, Visteon, Panasonic Automotive Systems, Denso, and Robert Bosch are the key players in the industry, offering different products such as instrument clusters, head-up displays, etc.

Selbyville, United States - July 15, 2019 /MarketersMedia/ —

Global automotive display market is flourishing driven by technological innovations such as car connectivity and development of infotainment systems. The earlier idea of having a small screen for the central console and CD players for basic operations has completely changed with new, larger, more efficient, and technically-advanced displays coming into picture. Infotainment & navigation systems have become standard features in most cars, whereas luxury car manufacturers have been shifting to the digital instrument clusters, multiple displays in car cabins, rear seat entertainment displays, and head-up displays.

The automotive display market is estimated to hike from USD 15 billion in 2018 to USD 30 billion by 2025 when the global industry shipments are predicted to register around 11% growth, according to a 2019 Global Market Insights, Inc. report.

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With the growing sales of passenger cars, the rising demand for connected vehicles, and a high disposable income, the automotive display market has been witnessing a rapid growth, particularly in Asian & European economies. Europe is expected to be another dominant region for the market due to the presence of a large number of luxury car manufacturers such as Mercedes-Benz, Audi, Porsche, BMW, and Jaguar Land Rover. Most of the luxury car brands are providing large integrated displays and rear seat entertainment systems as a standard in their flagship offerings such as Audi A8 and Mercedes S class.

With an increased need for vehicle safety features, technologies such as augmented reality have turned from a mere concept into reality. Many luxury car brands such as BMW, Jaguar, and Mercedes-Benz have already implemented AR head-up displays in their cars. Augmented reality shows the situation-specific data on windshields than just basic information. The drivers can see external objects as well as their distance and shape on the windshield. In addition, car manufacturers in automotive display market are implementing digital instrument clusters that display more information than just speed and distance. Visteon developed the first all-digital instrument cluster and cockpit, which shows displays throughout the car’s dashboard with curved display panels.

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Currently, most of the display panels used in these systems are TFT LCD displays, whereas OLED panels are expected to be more prominent in the automotive display market in the coming years. Due to organic materials and the use of thin plastic substrates, OLED panels provide the freedom for design as flexible and transparent displays can be made with OLED. Companies such as LG and Samsung are focusing more on OLED panels for automotive displays. Manufacturers are focusing on reducing mechanical components and bringing in more interactive surfaces in their cars. This will augment the market demand in the coming years.

Partial Chapter of the Table of Content:

Chapter 3. Automotive Display Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 - 2025
3.2.1. Global automotive industry landscape, 2015 - 2025
3.2.1.1. North America
3.2.1.2. Europe
3.2.1.3. Asia Pacific
3.2.1.4. Latin America
3.2.1.5. MEA
3.2.2. Global automotive production statistics, 2015 – 2025
3.2.2.1. North America
3.2.2.2. Europe
3.2.2.3. Asia Pacific
3.2.2.4. Latin America
3.2.2.5. MEA
3.3. Industry ecosystem analysis
3.3.1. Research and Development (R&D)
3.3.2. Component suppliers
3.3.3. Manufacturers
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. 3D touch surface displays (Continental AG)
3.4.2. Full windshield head up displays/Transparent projection display (Sun Innovations)
3.4.3. Development of augmented reality head-up displays
3.4.4. QLED (Harman-Samsung)
3.4.5. Flexible and Mirror/Transparent OLED (Harman-Samsung, LG)
3.4.6. Byton experience display (48” display with various functions and voice recognition)
3.4.7. Digital cockpit
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Flourishing automotive production globally
3.6.1.2. Increasing demand for connected vehicles in North America and Europe
3.6.1.3. Increasing demand for augmented reality-based HUDs
3.6.1.4. Growing demand for digital instrument clusters
3.6.1.5. R&D activities in automotive displays to drive growth
3.6.1.6. Shifting automotive manufacturing in Asia Pacific
3.6.1.7. Growing need for in-vehicle entertainment creating opportunities for rear seat entertainment
3.6.2. Industry pitfalls and challenges
3.6.2.1. High cost of head-up displays & increasing prices for digitized instrument clusters compared to analog
3.6.2.2. Declining automotive production in the U.S.
3.6.2.3. Undependability
3.7. Growth potential analysis
3.8. Price trend analysis, 2015 - 2025
3.9. Porter’s analysis
3.9.1. Industry rivalry
3.9.2. Threat of new entrants
3.9.3. Buyer power
3.9.4. Supplier power
3.9.5. Threat of substitutes
3.10. Competitive landscape, 2018
3.10.1. Company market share
3.10.2. Investment landscape
3.10.3. Strategy dashboard
3.11. PESTEL analysis

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Continental AG, Visteon, Panasonic Automotive Systems, Denso, and Robert Bosch are the key players in the industry, offering different products such as instrument clusters, head-up displays, etc. The automotive display market is facing an intense competition with companies focusing on product innovations and differentiation to increase their market share. The companies are bringing new technologies in the industry to gain a competitive advantage. Continental AG increased its research & development expenses by 11.8% in 2018. The company also introduced 3D touch surface technology with haptic feedback and more reliable display, which does not require a driver to look at the screen for operating.

Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Phone: 8886890688
Website: https://www.gminsights.com/industry-analysis/automotive-display-market

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