The global automotive display system market is projected to reach $28.9 billion by 2027, at a CAGR of 6.3% during 2021-2027. The growth of automotive display system market is driven by growth in vehicle production, increasing demand for navigation and infotainment systems, and growing electronic content per vehicle.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the automotive display system market by vehicle type (mid-size cars, large cars, SUVs and crossovers, LCVs, and others), product type (center stack display, camera information display, driver information display, reconfigurable Instrument Cluster, rear seat entertainment, and head-up display), technology (LCD and OLED), screen size (< 5“, >5″-10“, and >10“), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the automotive display system market?
Q.4 What are some changing demands of customers in the automotive display system market?
Q.5 What are the new developments in the automotive display system market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this automotive display system area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this automotive display system market?
Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of augmented head-up displays and fully digital instrument cluster in the vehicles.
Market Segmentation:
Based on product type, the automotive display system market is segmented into center stack display, camera information display, driver information display, reconfigurable Instrument Cluster, rear seat entertainment, and head-up display. The center stack display segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to high demand in navigation and infotainment systems.
Asia Pacific will remain the largest region and it is expected to witness highest growth over the forecast period due to increasing vehicle production and government regulations on the implementation of display system.
Key Players in the automotive display system market are Continental AG, Visteon, Panasonic, Denso, Nippon Seiki, Robert Bosch, Magneti Marelli, Yazaki, Delphi, and Alpine Electronics.
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