PUBLISHER: Allied Market Research | PRODUCT CODE: 1193368
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193368
The global automotive LCD display market was valued at $7,179.3 million in 2021, and is projected to reach $12,185.2 million by 2031, registering a CAGR of 5.56% from 2022 to 2031. Automotive liquid-crystal display is defined as a flat-panel display or other electronically modulated optical device which uses the light-modulating properties of liquid crystals combined with polarizers. These automotive LCD displays are majorly incorporated in devices such as instrument clusters, head-ups and e-mirrors.For the purpose of analysis, the global automotive LCD display market scope covers segmentation based on display size, vehicle type and region. The report outlines the details about different display size such as upto7 inch and more than 7 inch. In addition, the major vehicle type covered in the study include passenger cars, heavy commercial vehicle, and light commercial vehicle. Moreover, it analyzes the current market trends of automotive LCD display market across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.
The key factor that drives the growth of the automotive LCD display market include upsurge in adoption of automotive LCD displays in touch screen devices. Rise in need for AR/VR devices and commercialization of autonomous vehicles is expected to create lucrative growth opportunities for the automotive LCD display market in the near future. However, restricted view angle of LCD displays restricts the market growth up to a certain level.The global automotive LCD display market is segmented on the basis of display size, the market is classified into upto 7 inch and more than7 inch. Based on vehicle type, it is categorized into passenger car, light commercial vehicle, and heavy commercial vehicle. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include Continental AG, LG Display Corporation, Denso Corporation, Socionext, Yazaki, Japan Display Inc., Visteon Corporation, Samsung, Panasonic Corporation, Robert Bosch, and Sharp Corporation. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
Key Benefits For Stakeholders
By Display Size
By Vehicle Type
By Region