According to a new market report published by Lucintel, the future of the global automotive display system market looks promising with opportunities in the large car, SUVs & crossovers, mid-size car, and light commercial vehicles market. The global automotive display system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach and estimated $26 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major drivers for this market are growth in vehicle production, increasing demand for navigation and infotainment systems, and growing electronic content per vehicle.
Various types of display systems are used in the cars; these include center stack display, camera information display, driver information display, reconfigurable instrument cluster, rear seat entertainment, and head-up display. On the basis of its comprehensive research, Lucintel forecasts that the center stack display segment is expected to remain the largest segment due to high demand in navigation and infotainment systems.
Within this market, display system for large car is expected to witness highest growth over the forecast period as OEMs are providing large integrated displays and rear seat entertainment systems in their vehicle models.
Asia Pacific will remain the largest region and it is expected to witness highest growth over the forecast period due to increasing vehicle production and government regulations on the implementation of display system.
Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of augmented head-up displays and fully digital instrument cluster in the vehicles. Continental, Visteon, Panasonic, Denso, Nippon Seiki, Robert Bosch, Magneti Marelli, Yazaki, Delphi and Alpine Electronics are the major automotive display systems manufacturers.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global automotive display systems market by product type, vehicle type, technology, screen size, and region. Lucintel has compiled a comprehensive research report entitled
“Growth Opportunities in the Global Automotive Display System Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive display systems market by vehicle, product type, technology, screen size, and region, as follows:
By Product Type [Volume (Million Units) and $M Shipment analysis from 2014 to 2025]
Center Stack Display
Camera Information Display
Reconfigurable Instrument Cluster
Driver Information Display
Rear Seat Entertainment
Head-up Display
By Vehicle Type [Volume (Million Units) and $M Shipment analysis from 2014 to 2025]
Mid-Size Cars
Luxury Car
SUVs and Crossovers
Light Commercial Vehicles
Others
By Technology [Volume (Million Units) and $M Shipment analysis from 2014 to 2025]
By Screen Size ($M Shipment analysis from 2014 to 2025)
< 5" Inch
>5"-10" Inch
>10” Inch
By Region [Volume (Million Units) and $M Shipment analysis from 2014 to 2025]
North America
US
Canada
Mexico
Europe
Germany
Russia
France
United Kingdom
Italy
Asia Pacific
China
Japan
India
South Korea
Indonesia
The Rest of the World
Brazil
Turkey
About Lucintel