The automotive display industry has witnessed significant growth, with the market size exceeding USD 14.1 billion in 2024 and projected to grow at a CAGR of more than 10.6% over the next 10 years.
This report provides an information on the current state of the automotive display market, including technological advancements, market trends, and the impact of recent global events. Additionally, it explores emerging technologies and regulations shaping the future of automotive displays.
Automotive displays play a crucial role in modern vehicles, providing users and passengers with essential information and entertainment features. With the integration of advanced hardware and software systems like Android Auto, Spotify, and Apple CarPlay, the demand for automotive displays has surged.
Market Analysis:
The centre stack displays currently dominate the market, contributing to 41% of the market share as of 2021. These displays offer a range of interactive features, including infotainment, navigation, and temperature controls. The demand for centre stack displays is propelled by advancements in self-driving and connected cars. Additionally, the HUD segment is expected to exhibit the fastest growth rate over the next seven years, driven by innovations in display size and technology.
Technological Innovations:
Touchscreen displays have become ubiquitous in vehicles, consolidating various functions into a single interface. Manufacturers are exploring technologies such as Flexible OLED to enhance display performance, although challenges related to reliability and cost persist. Companies like Novares and Sekisui Chemical are introducing innovative display products to gain a competitive edge in the market.
Market Trends:
Recent trends indicate a widening adoption of automotive displays across vehicle segments, including mid-range automobiles. Manufacturers are focusing on enhancing safety and convenience features to meet consumer demands. The integration of advanced infotainment systems and driver assistance technologies is driving market growth, particularly in emerging economies.
Regulatory Landscape:
Government regulations, such as restrictions on steering-mounted controls, are reshaping the automotive display market to prioritize passenger safety. The advent of 5G technology is creating opportunities for smart displays, enabling connectivity with cloud-based applications and services. However, cybersecurity concerns remain a challenge for integrable display systems.
Regional Analysis:
The Asia-Pacific region, led by China, dominates automotive display manufacturing, accounting for a significant share of the global market. Europe also contributes substantially to market growth, reflecting the regions technological advancements and consumer preferences.
Future Outlook:
With the increasing demand for electric vehicles and luxury automobiles, automotive displays are expected to evolve further in the coming years. Advancements in display size, configuration flexibility, and smart features will drive innovation in the industry. However, addressing cybersecurity risks and regulatory compliance will remain critical challenges for manufacturers.
The automotive display industry is undergoing rapid transformation, fueled by technological advancements and shifting consumer preferences. As the market continues to expand, stakeholders must navigate regulatory complexities and embrace innovation to stay competitive in the evolving automotive landscape. By leveraging emerging technologies and market trends, the automotive display industry can unlock new opportunities for growth and innovation.
This comprehensive review provides insights into the current state and future prospects of the automotive display industry, offering valuable guidance for industry professionals, policymakers, and researchers alike.
Automotive display market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue (2024 – 2034)
• Data breakdown for every market segment (2024 – 2034)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Type Analysis (Revenue, USD Million, 2023 - 2034)
• LCD:
• TFT-LCD
• OLED
• Digital Lighting Processing (DLP)
• Plasma Panels
Product Size Analysis (Revenue, USD Million, 2023 - 2034)
• Less than 5”
• Between 6” to 10”
• Greater than 10”
Product Resolution Analysis (Revenue, USD Million, 2023 - 2034)
• Standard Definition (SD)
• High Definition (HD)
• Ultra-High Definition (UHD)
Application Analysis (Revenue, USD Million, 2023 - 2034)
Exterior Display
• Side Mirror Display
• Vehicle Signage/ Display Boards
• Pixelated Lights for Exterior Lighting
Interior Display
• Head-up Display (HUD)
• Centre Stack Display
• Rear Seat Entertainment Display
• Rear View Mirror Display
• Instrument Cluster
Vehicle Type Analysis (Revenue, USD Million, 2023 - 2034)
• Passenger Vehicle
o Hatchback
o Sedan
• Utility Vehicles
o Light Commercial Vehicle
o Buses & Coaches
o Trucks
Sales Channel Analysis (Revenue, USD Million, 2023 - 2034)
• OEM
• Aftermarket
Key players in the automotive display market
• LG Display Co. Ltd
• Panasonic Corporation
• Delphi Technologies
• Robert Bosch GmbH
• Visteon Corporation
• Continental AG
• 3M Company
• Nippon Seiki Co. Ltd
• Magneti Marelli S.p.A
• Qualcomm Technologies Inc
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