PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424020
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424020
The global center stack display market size is expected to reach USD 24.98 billion by 2032, according to a new study by Polaris Market Research. The report "Center Stack Display Market Share, Size, Trends, Industry Analysis Report, By Display Size (Up to 7 inch, More than 7 inch); By Technology; By Vehicle Type; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The incorporation of artificial intelligence in displays for features like voice recognition and personalized recommendations offers prospects for enhancing the user experience and convenience. AI enhances user interaction, offering personalized, context-aware displays that adapt to individual preferences. Advanced voice recognition and natural language processing enable intuitive control, while predictive analytics anticipate user needs and provide real-time insights.
AI-driven virtual assistants facilitate tasks like calls and message dictation. These displays also adjust based on ambient conditions, ensuring optimal visibility. AI's role extends to safety, with behavior monitoring and alerts. Predictive maintenance enhances vehicle performance, while infotainment suggestions enhance entertainment. In the era of autonomous driving, AI interfaces empower passengers to monitor self-driving functions. AI advances the driving experience, offering enhanced personalization, safety, and convenience.
Human-machine interface (HMI) solutions that introduce novel methods for driver and passenger interaction present opportunities. These solutions may include advanced gesture controls, augmented reality, and immersive user experiences. Research and development efforts focused on advanced display materials, such as OLED and microLED, present opportunities for future displays that are thinner, brighter, and more energy-efficient.
The COVID-19 pandemic has heightened concerns about hygiene and cleanliness. As a result, there is a growing interest in touchless controls and displays that reduce the need for physical contact. Manufacturers are exploring gesture recognition, voice commands, and other touchless technologies to enhance user safety and comfort.
Remote connectivity and over-the-air software updates have become crucial for automakers. Center Stack Displays are increasingly incorporating features that allow for remote diagnostics, maintenance, and software updates to ensure vehicle safety and performance, even in remote or contactless scenarios.
The more than 7-inch segment held the largest market in 2023 on account of enhanced user experience, improved visibility, and user-centric design.
The passenger cars segment is anticipated to experience the fastest CAGR during the forecast period, mainly due to enhanced user experience, growing demand for connectivity, and incorporation of safety features.
In 2023, the Asia-Pacific region accounted for the largest market, owing to growth in the automotive industry, regulatory compliance, and a rise in the adoption of electric vehicles.
The global key market players include Denso Corporation, Harman International, Continental AG, Omdia, Standby Group AB, and Visteon Corporation, among others.
Polaris Market Research has segmented the Center Stack Display market report based on display size, technology, vehicle type, and region: