Global Automotive Smart Display Market to Reach US$ 6,480 Million Revenue by the End of 2024

Automotive Smart Display market research study in brief

The business intelligence study for the Automotive Smart Display market provides an extensive synopsis of essential aspects involving the product classification, important definitions, and other industry-specific parameters. The report also covers the key factors associated with the current events such as alliances, mergers & acquisitions, and new product launches.

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Automobile manufacturers are providing advanced infotainment systems, steering-mounted controls, central controllers, gesture control system, heads-up display, etc., to enhance safety, comfort, and convenience. Automobile manufacturers are constantly upgrading their offerings to meet the ever-evolving demands of end-users.

Original Equipment Manufacturers (OEMs) are also enhancing driver’s experience by integrating phone functions, real-time traffic and parking updates, advanced instrument cluster display and others. Vehicle-to-vehicle connectivity and vehicle-to-infrastructure have emerged as the growing industry trends in the automotive smart display. High-end automotive applications along with the smart technologies are become the standard features in many latest models. These factors have also led to greater adoption and incorporation of smart display systems. Many mid-range and high-end cars now come equipped with smart display systems.

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According to the latest research from Fact.MR, the global automotive smart display market is anticipated to witness steady growth, reaching close to US$ 6,480 million revenue by the end of 2024. The market is expected to reflect steady CAGR during the forecast period of 2017 to 2024.

Automotive Smart Display Market

The growing demand for advanced functions including connected car services and driver assistance features are driving the growth of automotive smart display. Below are the few insights on the future direction of automotive smart display systems market.

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Market Taxonomy

Display Size Display Technology Application Vehicle Type
3”-5” LCD Advanced Instrument Cluster Display Compact Passenger Cars
6”-10” TFT-LCD Centre Stack Touchscreen Display Mid-sized Passenger Cars
>10” Others Rear Seat Entertainment Touchscreen Display Premium Passenger Cars
Others Luxury Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

 

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The report has also profiled leading players in the global market for automotive smart display, which will remain active through 2024. These include companies such as Alpine Electronics, AU Optronics Corp., Continental AG., DENSO Corp., Japan Display Inc., LG Display Co., Ltd., Robert Bosch GmbH, Panasonic Corp., Valeo SA, Visteon Corporation and Yazaki Corporation.

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