Automotive Smart Display Market

Analysts at GMI Research estimates that the Automotive Smart Display Market is projected to grow at CAGR of more than 6.1% during the forecast period from 2022-2029.

To have an edge over the competition by knowing the market dynamics and current trends of “Automotive Smart Display Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

One of the key drivers that is responsible for the growth of the global automotive smart display market share includes the growing demand for semi-autonomous and autonomous vehicles around the world. Moreover, the integration of smartphone connectivity in cars is further helping the market to grow. The syncing of smartphones with infotainment systems, including Android Auto, Spotify, and Apple Carplay, will further surge the demand for smart displays in vehicles. The system provides navigation, integration of advanced features with cockpit electronics, easy accessibility to music, phone call, and management. Additionally, the surging demand for improved safety, comfort, and convenience in automobiles, particularly in developing countries is further contributing to the market growth.

Various technologies including gesture control systems, advanced infotainment systems, head-up displays, central controllers, and steering-mounted controls, are further increasing the usage of smart displays in the passenger vehicles for better safety. The in-vehicle infotainment systems and electronic components play crucial role, especially for commuters, mobile workers, and travellers. The cockpit electronics technology trends and innovation help in improving the driver and passenger’s experience in vehicles. In addition to this, the growing emphasis on 5G and wireless technology is further driving the market’s demand. The 5G technology allows the integration of automotive applications with the smart display systems.

Restraint in the Automotive Smart Display Market

The threat of cyberattacks is a major factor that is hampering the growth of the global automotive smart displays market size over the coming years.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Autonomous Driving – Segment Analysis

Based on the autonomous driving, the semi-autonomous segment is expected to grow at a higher CAGR during the forecast period.  The increasing integration of the automotive electronic component followed by the growing usage of in-vehicle automotive smart display applications are the major factors that are contributing to the market growth. The continuous development of semi-autonomous vehicles results in an increase in the demand for automotive smart displays. Moreover, the rising electrification of vehicle components and the usage of smart automotive components that offer better comfort and safety is further driving the segment’s growth.

Application – Segment Analysis

Based on the application, the centre stack segment is expected to dominate the market over the coming years. The centre stack displays are infotainment systems that provide a wide range of interactive content such as cabin temperature controls, music, navigation, and other entertainment information. The increasing usage of electronics and the elimination of multiple screens is further helping the market to grow. Japan Displays and LG Displays are among the leading players that manufacture center stacks for vehicles.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, Europe is expected to dominate the market over the coming years. Various major players such as Jaguar Land Rover, Nissan, BMW, and Honda are focusing on manufacturing premium cars with highly advanced electronics. Most of the OEMs in the region are installing advanced features in the vehicles, which is increasing the demand for smart displays. Moreover, the augmented reality smart display systems such as HUDs are also developed to be compatible with advanced operating systems.

Top Market Players

Various notable players operating in the market include Bosch Global, Panasonic Corporation, Continental AG, DENSO CORPORATION, ALPS ALPINE CO. LTD., Visteon Corporation, LG Displays Co., Ltd., YAZAKI Corporation, Pioneer Corporation, HYUNDAI MOBIS, among others. 

Key Developments:

• • In 2020, Bosch Global introduced the SMI230, one of the highly precise MEMS sensors that constantly registers changed in the vehicle’s director and speed. The information is combined with the positional data from the global navigation satellite system (GNSS) and used for navigation.
  • In 2020, Panasonic Corporation introduced two new Smart unit Receivers for In-car entertainment.
  • In 2020, ALPS ALPHINE CO. LTD., proposed a form of the touchless control panel for situation when touching is undesirable, not possible, or not allowed in settings including medical or nursing care or public facilities.

Segments covered in the Report:

The global Automotive Smart Display market has been segmented on the basis of Application, Display Size, Display Technology, vehicle class, vehicle type, and regions. Based on Application, the market is segmented into Digital Instrument Cluster, Centre Stack, Head-up Display, and Rear Seat Entertainment. Based on Display Size, the market is segmented into 5″ Display Size and >10” display size. Based on Display Technology, the market is segmented into LCD, OLED, and Others. Based on the vehicle class, the market is segmented into Economy, Mid-Segment, and Luxury. Based on the Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle, and Heavy Commercial vehicle. 

For detailed scope of the “Automotive Smart Display Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Automotive Smart Display market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Automotive Smart Display market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Automotive Smart Display market?
  • Which Application generated maximum revenues in 2021 and identify the most promising Application during the forecast period?
  • What are the various Display Size areas of global Automotive Smart Display market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues Currency	USD Million
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Application, By Display Size, By Display Technology, by Vehicle Class, By Vehicle Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Bosch Global, Panasonic Corporation, Continental AG, DENSO CORPORATION, ALPS ALPINE CO. LTD., Visteon Corporation, LG Displays Co., Ltd., YAZAKI Corporation, Pioneer Corporation, HYUNDAI MOBIS, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Automotive Smart Display Market by Application

• • Digital Instrument Cluster
  • Centre Stack
  • Head-up Display
  • Rear Seat Entertainment

Global Automotive Smart Display Market by Display Size

• • 5″ Display Size
  • >10” display size

Global Automotive Smart Display Market by Display Technology

• • LCD
  • OLED
  • Others

Global Automotive Smart Display Market by Vehicle Class

• • Economy
  • Mid-Segment
  • Luxury

Global Automotive Smart Display Market by Vehicle Type

• • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial vehicle

Global Automotive Smart Display Market by Region

• • North America Automotive Smart Display Market (Option 1: As a part of the free 25% customization)
    • By Application
    • By Display Size
    • By Display Technology
    • By Vehicle Class
    • By Vehicle Type
    • US Market All-Up
    • Canada Market All-Up
  • Europe Automotive Smart Display Market (Option 2: As a part of the free 25% customization)
    • By Application
    • By Display Size
    • By Display Technology
    • By Vehicle Class
    • By Vehicle Type
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Automotive Smart Display Market (Option 3: As a part of the free 25% customization)
    • By Application
    • By Display Size
    • By Display Technology
    • By Vehicle Class
    • By Vehicle Type
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Automotive Smart Display Market (Option 4: As a part of the free 25% customization)
    • By Application
    • By Display Size
    • By Display Technology
    • By Vehicle Class
    • By Vehicle Type
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Automotive Smart Display (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Bosch Global
  • Panasonic Corporation
  • Continental AG
  • DENSO CORPORATION
  • ALPS ALPINE CO. LTD.
  • Visteon Corporation
  • LG Displays Co., Ltd.
  • YAZAKI Corporation
  • Pioneer Corporation
  • HYUNDAI MOBIS