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Automotive display market share is expected to hit USD 24 billion by 2028. Over the recent years, the growing inclination toward electric vehicle design has pioneered a new wave of product innovations across the global automotive display industry. One of these innovations is LG Electronics’ premium in-vehicle infotainment system. The solution forms a key feature of the 2022 Mercedes-Benz EQS EV sedan, where it has been incorporated as a P2P display into the vehicle’s MBUX Hyperscreen.
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Over the recent years, the growing inclination toward electric vehicle design has pioneered a new wave of product innovations across the global automotive display market. One of these innovations is LG Electronics’ premium in-vehicle infotainment system. The solution forms a key feature of the 2022 Mercedes-Benz EQS EV sedan, where it has been incorporated as a P2P display into the vehicle’s MBUX Hyperscreen.
The industry share in Europe is poised to witness appreciable expansion through 2028. This is because numerous automotive display manufacturers in the region are showing a keen interest in the development of technologically advanced products.
In January 2022, Luxembourg-based Magnachip Semiconductor Corporation made it to the headlines for the development of a next generation OLED DDIC for automotive displays. The move constituted an extension to the company’s OLED DDIC product line-up. Furthermore, the company also announced its target of supplying the new solution to premium European carmakers during the first half of 2023.
Increasing digitalization across the automotive sector has elevated the importance of display technologies as an inherent differentiator for OEMs. This has led to unprecedented innovation in form factors, manufacturing techniques, and interface design, leading to the sophistication of displays.
Citing an instance, in April 2021, Rightware, announced that its Kanzi software played a crucial role in the autostereoscopic 3D display developed by Continental. Continental’s advanced display solution offers real-time visualization of inherent driving information in the driver’s line-of-sight in complete 3D without the requirement for special glasses.
Prominent players in the automotive display market comprise Simco, Ltd., Pricol Ltd., Visteon Corporation, Magneti Marelli, Hyundai Mobis, Blaupunkt, Nippon Seiki, Robert Bosch GmbH, Mitsubishi Electric, HARMAN International, Panasonic Automotive Systems, Denso Corporation, and others. Several of these companies are focusing on the implementation of strategic moves such as acquisitions, mergers, and partnership agreements for securing a strong competitive edge.
To sum up, the auto sector is expected to record an escalated global demand for cars and bikes over the forthcoming years. This is on account of shifting consumer inclination toward private transportation, which is poised to propel the demand for different types of displays. These aspects are set to enhance business opportunities across the automotive display market across various regions.
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Some Point from Table of Contents:
Chapter 5 Automotive Display Market, By Product
5.1 Key trends, by product
5.2 Center stack display
5.2.1 Market estimates and forecast, 2018 – 2028
5.3 Instrument cluster display
5.3.1 Market estimates and forecast, 2018 – 2028
5.4 Head-up display
5.4.1 Market estimates and forecast, 2018 – 2028
5.5 Rear-seat entertainment display
5.5.1 Market estimates and forecast, 2018 – 2028
Chapter 6 Automotive Display Market, By Screen Size
6.1 Key trends, by screen size
6.2 Less than 5”
6.2.1 Market estimates and forecast, 2018 - 2028
6.3 5” to 10”
6.3.1 Market estimates and forecast, 2018 – 2028
6.4 Above 10”
6.4.1 Market estimates and forecast, 2018 – 2028
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/automotive-display-market
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