Automotive Display Market Expansion Fueled by EV and Connected

Automotive Display Market

Automotive Display Market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 8.41 Billion in 2023 and the total Automotive Display revenue is expected to grow at a CAGR of 18.26 % from 2024 to 2030, reaching nearly USD 27.21 Billion by 2030.

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The automotive display market has been experiencing rapid growth, driven by the increasing integration of advanced display technologies in modern vehicles. Automotive displays are critical components in enhancing user experience, safety, and connectivity within vehicles. They are used in applications such as instrument clusters, infotainment systems, head-up displays (HUDs), and rearview mirrors. The rising consumer demand for enhanced aesthetics and improved vehicle functionalities has pushed automakers to incorporate high-resolution, interactive, and energy-efficient displays. The advent of electric vehicles (EVs) and autonomous driving technologies has further amplified the need for sophisticated displays capable of processing and presenting real-time data. Additionally, government regulations mandating advanced safety features, such as lane departure warnings and collision avoidance systems, have also driven the adoption of automotive displays. With advancements in OLED, TFT-LCD, and augmented reality technologies, the automotive display market is set to witness sustained growth, particularly in regions like North America, Europe, and Asia-Pacific.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/70347/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The automotive display market is propelled by several key drivers, including the growing adoption of connected vehicles and advanced driver-assistance systems (ADAS). The increasing focus on vehicle safety and driver convenience has led to the integration of smart displays that provide real-time information, navigation support, and seamless connectivity. The shift towards electric and hybrid vehicles has further intensified the demand for digital instrument clusters and battery monitoring displays. Technological advancements, such as augmented reality head-up displays (AR-HUDs), have gained traction due to their ability to enhance situational awareness and safety. Rising consumer preferences for large, multi-functional displays have encouraged automakers to innovate and invest in new designs. Additionally, the global push towards autonomous vehicles has necessitated the use of displays to communicate critical information to drivers and passengers. As competition intensifies among automotive manufacturers, the adoption of cost-efficient and energy-saving display technologies is becoming a crucial differentiator.

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The automotive display market is witnessing several transformative trends that are shaping its future. One of the most prominent trends is the increasing adoption of OLED and mini-LED displays, which offer superior resolution, brightness, and energy efficiency compared to traditional technologies. Another significant development is the rising demand for augmented reality (AR) displays, particularly in head-up displays (HUDs), which project crucial information onto the windshield to improve safety and convenience. The trend of larger and curved displays is also gaining traction, enhancing the visual appeal and functionality of in-car infotainment systems. Furthermore, the integration of haptic feedback and voice control features into displays is providing a more intuitive and interactive user experience. The growing popularity of electric vehicles (EVs) and the focus on smart interiors are driving innovations in display designs and materials. With advancements in artificial intelligence (AI) and machine learning, displays are evolving to provide predictive insights and personalized experiences for drivers and passengers, setting new benchmarks for automotive technology.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/70347/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam is emerging as a promising market for automotive displays due to increasing investments in automotive manufacturing and the adoption of advanced vehicle technologies. Partnerships between local manufacturers and global technology providers are driving market growth. For instance, VinFast, Vietnam’s leading EV manufacturer, has collaborated with international firms to integrate digital instrument clusters and AR displays in its electric vehicles.

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand’s thriving automotive sector, coupled with its position as a regional hub for vehicle manufacturing, is propelling the growth of the automotive display market. The government’s support for electric vehicles has encouraged manufacturers to adopt advanced displays. Companies like PTT Group are collaborating with display technology firms to introduce innovative infotainment systems and digital dashboards in EVs.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง’๐ฌ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Japan’s automotive display market is driven by its technological prowess and focus on innovation. Leading companies like Panasonic Automotive and Denso Corporation are pioneering developments in OLED and AR-HUD technologies to enhance safety and connectivity. Japan’s emphasis on autonomous driving has also led to the integration of AI-powered displays that provide real-time navigation and driver assistance.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š’๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

South Korea is witnessing significant consolidation in the automotive display market as major players acquire smaller firms to enhance their product portfolios. LG Display and Samsung Electronics dominate the market, offering state-of-the-art OLED and mini-LED solutions. The country’s focus on EVs and connected vehicles has further fueled demand for advanced displays, with recent developments including smart cockpit designs and multi-functional screens.

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž’๐ฌ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐’๐ž๐œ๐ญ๐จ๐ซ

Singapore’s advanced infrastructure and commitment to innovation make it a key player in the automotive display market. Companies like Flextronics are introducing cutting-edge display technologies tailored for smart vehicles. Government initiatives promoting EV adoption and smart transportation have spurred investments in digital dashboards and HUD systems, enhancing driver experience and safety.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The US automotive display market leads in terms of innovation and adoption, driven by increasing demand for connected and autonomous vehicles. Companies like Tesla and Ford are integrating large touchscreen displays and AR-HUDs in their vehicles, setting industry standards. Recent acquisitions, such as Apple’s purchase of a display technology startup, highlight the market’s consolidation and focus on advanced driver assistance systems (ADAS).

๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž’๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Europe’s automotive display market is characterized by sustainability and technological advancements. Companies like Continental AG and Bosch are introducing eco-friendly, energy-efficient displays to meet stringent environmental regulations. Cross-border collaborations and investments in AR and smart displays are enhancing safety and user experience. Countries like Germany, France, and the UK are leading innovations in infotainment systems and digital cockpits.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/70347/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

By Vehicle Type

Passenger Vehicle

Light Commercial Vehicle

Heavy Commercial Vehicle

By Display Type

Thin-Film-Transistor Liquid Crystal Display (TFT LCD)

Passive-Matrix Organic Light-Emitting Diode (PMOLED)

Passive-Matrix Liquid Crystal Display (PMLCD)

Active-Matrix Organic Light-Emitting Diode (AMOLED)

By Display

Size 3″-5″

6″-10″

Greater than 6

Others

By Application

Telematics

Navigation

Infotainment

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

Major Contributors in the Automotive Display Industry in North America:

1. Visteon Corporation – United States

2. 3M – United States

3. HARMAN International – United States

Leading players in the Europe Automotive Display Market:

1. Continental AG – Germany

2. Magneti Marelli S.p.A – Italy

3. Delphi Technologies – United Kingdom

4. Sharp Devices Europe – Switzerland

5. SmartKem Ltd – United Kingdom

6. Robert Bosch GmbH – Germany

7. Garmin Ltd – Switzerland

8. Valeo – France

9. Elektrobit – Finland

10. Barco – Belgium

Key players driving the Asia-Pacific Automotive Display Market:

1. Panasonic Corporation – Japan

2. Nippon Seiki Co. Ltd – Japan

3. YAZAKI Corporation – Japan

4. DENSO CORPORATION – Japan

5. LG Display Co. Ltd – South Korea

6. Alpine Electronics Inc – Japan

7. Japan Display Inc – Japan

8. AU Optronics Corp – Taiwan

9. Pioneer Corporation – Japan

10. Innolux Corporation – Taiwan

11. KYOCERA Corporation – Japan

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-automotive-display-market/70347/

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆOutdoor Solar LED Market https://www.maximizemarketresearch.com/market-report/global-outdoor-solar-led-market/113493/

โ™ฆFragrance diffuser market https://www.maximizemarketresearch.com/market-report/fragrance-diffuser-market/146338/

โ™ฆIndustrial Artificial Intelligence Market https://www.maximizemarketresearch.com/market-report/industrial-artificial-intelligence-market/190965/

โ™ฆSmart Mobility Market https://www.maximizemarketresearch.com/market-report/smart-mobility-market/189539/

โ™ฆFluorosilicic Acid Market https://www.maximizemarketresearch.com/market-report/fluorosilicic-acid-market/194155/

โ™ฆRemote Car Starter Market https://www.maximizemarketresearch.com/market-report/remote-car-starter-market/203410/

โ™ฆShipbuilding Market https://www.maximizemarketresearch.com/market-report/shipbuilding-market/148775/

MAXIMIZE MARKET RESEARCH PVT. LTD.

โฎ 3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

โœ† +91 9607365656

๐Ÿ–‚ sales@maximizemarketresearch.com

๐ŸŒ www.maximizemarketresearch.com

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *