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 market is expected to reach an estimated $32.6 billion by 2024 with a CAGR of 7.8% from 2019 to 2024. The major drivers for this market are growth in vehicle production, increasing demand for navigation and infotainment systems, and growing electronic content per vehicle.
Browse 132 market data tables and 157 figures spread through 233 pages and in-depth TOC on “Global Automotive Display System Market"
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 2019-2024: 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 2013 to 2024]
•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 2013 to 2024]
•Mid-Size Cars
•Luxury Car
•SUVs and Crossovers
•Light Commercial Vehicles
•Others
By Technology [Volume (Million Units) and $M Shipment analysis from 2013 to 2024]
•LCD
•OLED
By Screen Size ($M Shipment analysis from 2013 to 2024)
•< 5" Inch
•>5"-10" Inch
•>10” Inch
By Region [Volume (Million Units) and $M Shipment analysis from 2013 to 2024]
•North America
oUS
oCanada
oMexico
•Europe
oGermany
oRussia
oFrance
oUnited Kingdom
oItaly
•Asia Pacific
oChina
oJapan
oIndia
oSouth Korea
oIndonesia
•The Rest of the World
oBrazil
oTurkey
This 233-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-display-system-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. we offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1.What are some of the most promising, high growth opportunities for the automotive display systems market by vehicle type (mid-size cars, large cars, SUVs and crossovers, LCVs, and others), product type (center stack display, camera information display, driver information display, reconfigurable Instrument Cluster, rear seat entertainment, and head-up display), technology (LCD and OLED), screen size (< 5“, >5"-10“, and >10“), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which region will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5.What are the business risks and competitive threats in this market?
Q.6.What are the emerging trends in this market and the reasons behind them?
Q.7.What are some of the changing demands of customers in the market?
Q.8.What are the new developments in the market? Which companies are leading these developments?
Q.9.Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10.What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11.What M&A activity has occurred in the last 5 years and what has its impact been on the industry?