Fior Markets launched a study titled “Global Automotive Display Market by Technology (TFT LCD, PMOLED, PMLCD, AMOLED, Others), Application (Centre Stack Display, Driver Information Display, Other Displays), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025”.
The global automotive display market is expected to grow from USD 15,234 Million in 2017 to USD 60,824 Million by 2025 at a CAGR of 18.9% during the forecast period from 2018-2025. Preference of consumer for comfortable and safe experience and increase in demand for larger displays are two major factors driving the market.
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AMOLED segment is dominating the market with a share of 26.70% in 2017
The technology segment is classified into TFT LCD, PMOLED, PMLCD, AMOLED and others. The AMOLED segment has dominated the automotive display market in 2017. The growth in the market share is because of increased use of AMOLED technologies and adoption of next-generation micro-display technology.
Centre stack display segment is anticipated to grow with the highest CAGR of 24.2%
Application segment includes centre stack display, driver information display, entertainment display, head-up display and other displays. Centre stack display segment is growing with the highest CAGR over the forecast period. It is because of gesture controls and cabin temperature controls which is provided by center stack touchscreen displays.
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Asia Pacific held the largest market share of approximately 36.40%% in 2017. The North America region is dominating due to presence of major automotive manufacturers such as Ford, Porsche, Gm, and Chrysler which provide additional benefit and also government rules such as use of GPS system and others is expected to drive the growth of the automotive display systems market in America region.
The major players of market include Continental AG, Visteon Corporation, Panasonic Corporation, Nippon Seiki Co. Ltd., Magneti Marelli S.p.A., Delphi Technologies, YAZAKI Corporation, 3M, DENSO CORPORATION, LG Display Co. Ltd, Sharp Devices Europe, SmartKem Ltd., Robert Bosch GmbH, Alpine Electronics Inc., Garmin Ltd., Valeo, Japan Display Inc., Elektrobit, HARMAN International, AU Optronics Corp., Barco, Pioneer Corporation, Innolux Corporation, and KYOCERA Corporation.
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