The automotive display market is set to grow from its current market value of more than USD 15 billion to over USD 30 billion. The fast-paced growth of the automotive sector across the globe has emerged as one of the major factors that have driven the automotive display market trends over the recent years. Although ride sharing is increasingly gaining popularity as a viable mobility option, the demand for conventional vehicles has not only remained consistent but has grown exponentially. In fact, as per reliable estimates, the global sales of passenger cars and trucks surpassed the figure of an overwhelming 90 million units for the very first time in the year 2017.
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Fueled by the rise of more connected cars, super-sized displays are proving to be an undeniable trend in the automotive world with the display screen becoming the windows to the digital world. At the 2019 CES, Mercedes EQC crossover featured two 10.25-inch displays that formed a free-standing screen by being placed behind a glass surface. While car manufacturers are designing rear view mirrors to double up as image projectors for a rear-facing camera, heads up displays (HUD), that impart valuable information to the driver by projecting images that float on the windshield, are taking the automotive display market by storm.
Ranging from the Mazda3 to the BMW 7 Series, most of the latest car designs are being equipped with advanced HUDs that are a fusion of tech and safety feature. Moreover, car owners do not have to necessarily trade in their old cars to add HUDs to their vehicles as the aftermarket sales for such devices has registered a strong growth trend as well. The head-up automotive display market is set to explode with analysts being of the opinion that it would surpass an appreciable milestone by 2025.
As the demand for such HUDs become more widespread due to advantages like providing additional information, assistance to drivers and entertainment to passengers, others like Continental and Panasonic are also entering the segment with an array of products on offer adding further stimulus to the automotive display industry.
Automotive displays have become the key human machine interface for HVAC controls, audio and media systems, navigation and telematics. Style and elegance of the display unit is valued by consumers just as much as the functionality and features of the unit. As designers come to comprehend the technology trends in automotive displays.
APAC automotive display market is estimated to amass considerable gains By 2025. Asia-Pacific, driven by India, China, and Japan has been witnessing consistent growth in the automotive production over the years on account of which it has emerged as one of the most profitable grounds for the global automotive display industry. The widescale presence of prominent automakers across the region is also credited for the substantial rise.
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Some Point from Table of Contents:
Chapter 4. Automotive Display Market, By Product (Revenue, Shipments)
4.1. Key trends in automotive display industry, by product
4.2. Automatic
4.2.1. Market estimates and forecast, 2015 - 2025
4.3. Manual
4.3.1. Market estimates and forecast, 2015 - 2025
Chapter 5. Automotive Display Market, By Screen Size (Revenue, Shipments)
5.1. Key trends in automotive display market, by screen size
5.2. < 5”
5.2.1. Market estimates and forecast, 2015 - 2025
5.3. 5”-10”
5.3.1. Market estimates and forecast, 2015 - 2025
5.4. >10
5.4.1. Market estimates and forecast, 2015 - 2025
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