PUBLISHER: Lucintel | PRODUCT CODE: 1386263
PUBLISHER: Lucintel | PRODUCT CODE: 1386263
Automotive Smart Display Trends and Forecast
The future of the global automotive smart display market looks promising with opportunities in the digital instrument cluster, center stack, head-up display, and rear seat entertainment markets. The global automotive smart display market is expected to reach an estimated $18.6 billion by 2030 with a CAGR of 12.7% from 2024 to 2030. The major drivers for this market are increasing integration of smartphone connectivity in cars, growing need to provide AR experience, and rising penetration of cameras in vehicles across the globe.
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Automotive Smart Display by Segment
The study includes a forecast for the global automotive smart display by display size, technology, application, and region.
Automotive Smart Display Market by Display Size [Shipment Analysis by Value from 2018 to 2030]:
Automotive Smart Display Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
Automotive Smart Display Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Automotive Smart Display Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Automotive Smart Display Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive smart display companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive smart display companies profiled in this report include-
Automotive Smart Display Market Insights
Lucintel forecasts that less than 5'' will remain the largest segment over the forecast period owing to its capabilities, such as navigation, multimedia support, driving assistance, and driver-to-vehicle communication.
Within this market, center stack will remain the largest segment as it provides array of interactive functionalities, such as navigation, music control, cabin temperature adjustments, and information access.
APAC is expected to witness highest growth over the forecast period due to the increasing demand for vehicles, growing cases of road accidents, and rising need to implement safety features in vehicles to ensure the safety of the occupants and the pedestrians.
Features of the Global Automotive Smart Display Market
Market Size Estimates: Automotive smart display market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive smart display market size by display size, technology, application, and region in terms of value ($B).
Regional Analysis: Automotive smart display marketbreak down by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different display sizes, technologies, applications, and regions for the automotive smart display market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive smart display market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the automotive smart display market size?
Answer: The global automotive smart display market is expected to reach an estimated $18.6 billion by 2030.
Q.2 What is the growth forecast for automotive smart display market?
Answer: The global automotive smart display market is expected to grow with a CAGR of 12.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the automotive smart display market?
Answer: The major drivers for this market are increasing integration of smartphone connectivity in cars, growing need to provide AR experience, and rising penetration of cameras in vehicles across the globe.
Q4. What are the major segments for automotive smart display market?
Answer: The future of the automotive smart display market looks promising with opportunities in the digital instrument cluster, center stack, head-up display, and rear seat entertainment markets.
Q5. Who are the key automotive smart display market companies?
Answer: Some of the key automotive smart display companies are as follows:
Q6. Which automotive smart display market segment will be the largest in future?
Answer: Lucintel forecasts that less than 5'' will remain the largest segment over the forecast period owing to its capabilities, such as navigation, multimedia support, driving assistance, and driver-to-vehicle communication.
Q7. In automotive smart display market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the increasing demand for vehicles, growing cases of road accidents, and rising need to implement safety features in vehicles to ensure the safety of the occupants and the pedestrians.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.