Automotive Smart Display Market Trends, Growth, Size, Share, Revenue and Future Outlook
Automotive Smart Display Market Growth, Trends, Analysis, Size- By Size, By Display Technology, By Application, By Vehicle Class- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: AMIN24187 | Pages: 1 - 232 | Formats*: |
| Category : Automotive & Transportation | |||
Automotive Smart Display Market Introduction and Overview
According to SPER Market Research, the Global Automotive Smart Display Market is estimated to reach USD 28.88 billion by 2033 with a CAGR of 7.35%.
The report includes an in-depth analysis of the Global Automotive Smart Display Market, including market size and trends, product mix, applications, and supplier analysis. An advanced digital screen that is built into the dashboard or center console of a car and uses cutting-edge display technologies to offer a variety of functions is called an Automotive Smart Display. To produce crisp, colorful images, these displays make use of high-resolution screens like LCDs, OLEDs, or even head-up displays (HUDs). They accept several input modalities, such as physical controls, voice instructions, and touch. In order to enable functions like real-time traffic updates, GPS navigation, multimedia playback, and vehicle diagnostics, smart displays are frequently connected to the infotainment system, navigation, and driver assistance systems of the car. To guarantee visibility in various lighting conditions, they could additionally have anti-glare and adjustable brightness technology.
- January 2024: At the Consumer Electronics Show (CES) 2024, LG Display debuted a series of revolutionary car displays. The largest display currently in use is a 57-inch pillar-to-pillar (P2P) LCD, which spans the dashboard from the left side of the driver's seat to the right side of the front passenger seat, according to the manufacturer.
- July 2023: LG Display Co. declared that it will supply Hyundai Motor Co.'s luxury brand Genesis with its organic light-emitting diode (OLED) car display for the integrated dashboard entertainment system of its new GV80 model. With its panoramic display that combines panels for the infotainment system, navigation, and dashboard, the 2024 GV80 facelift model of the luxury SUV will be equipped with LG's 27-inch OLED screen.
- June 2023: At the Mobility Tech Expo, Continental AG debuted a few of their planned automobile exhibits. Technology advancements made by the business resulted in broader screen central displays on windscreens that could show all relevant information and had local dimming capabilities, as well as scenic view head-up displays. Additionally, according to the business, its displays feature face authentication.
Market Opportunities and Challenges
Opportunities- Automotive Smart Displays are becoming more useful and have better visual quality because to the development of high-resolution display technologies like OLED and AMOLED. In order to improve driver support and safety, smart displays are becoming more and more integrated with Advanced Driver Assistance Systems (ADAS) features including adaptive cruise control, collision warning, and lane-keeping assistance. The need among consumers for sophisticated infotainment systems that can seamlessly integrate with platforms like Apple CarPlay and Android Auto is on the rise. These systems offer connectivity with smartphones and other devices. Smart displays can offer dynamic information and services by leveraging real-time data sharing and updates made possible by the integration of Internet of Things (IoT) technology in automobiles.
Challenges- Large Research and Development expenses are associated with creating cutting-edge smart displays with features like augmented reality and high-resolution panels. Compatibility with multiple platforms and technologies and the integration of smart displays with various car systems can be costly and complicated. Road safety may be jeopardized by driver attention, even though smart displays have several functions. It is imperative to ensure that the design of these displays minimizes distractions. In order to guarantee that in-car displays don't obstruct safe driving, it is crucial but difficult to comply with strict safety laws and requirements. It could be challenging to make sure that smart displays work with different car models, operating systems, and outside apps.
Market Competitive Landscape
The Automotive Smart Display Market is Moderately Consolidated. Leading companies in the industry are Continental AG, Delphi Automotive PLC, Denso Corporation, Hyundai Mobis, Japan Display Inc, LG Display Co Ltd, Magna International Inc, Nippon Seiki Co Ltd, Robert Bosch GmbH, others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Size, By Display Technology, By Application, By Vehicle Class |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | Continental AG, Delphi Automotive PLC, Denso Corporation, Hyundai Mobis, Japan Display Inc, LG Display Co Ltd, Magna International Inc, Nippon Seiki Co Ltd, Robert Bosch GmbH. |
COVID-19 Impact on Global Automotive Smart Display Market
The Automobile Smart Display business was significantly impacted by the COVID-19 epidemic, which also had an effect on other areas of the industry. Production of Automobile Smart Display systems was delayed as a result of lockdowns and other limitations affecting manufacturing facilities. Due to supply chain and car production disruptions, decreased consumer spending, and economic uncertainty, the automobile industry saw a dip in vehicle sales. The desire for new cars with cutting-edge smart displays dropped as a result. The pandemic sharpened the focus on digitalization and in-car communication. Smart displays and other cutting-edge infotainment and communication capabilities became more popular as people spent more time in their cars.
Key Target Audience:
- Automobile Manufacturers
- Automotive Suppliers and Component Manufacturers
- Tech and Electronics Companies
- Consumers of Luxury and Premium Vehicles
- Fleet Operators and Commercial Vehicle Owners
- Automotive Aftermarket Companies
- Automotive Dealerships
- Automotive Design and Engineering Firms
- Technology and Innovation Enthusiasts
- Government and Regulatory Bodies
Our in-depth analysis of the Automotive Smart Display Market includes the following segments:
| By Size: | |
| By Display Technology: | |
| By Application: | |
| By Vehicle Class: |
Key Topics Covered in the Report:
- Global Automotive Smart Display Market Size (FY’2024-FY’2033)
- Overview of Global Automotive Smart Display Market
- Segmentation of Global Automotive Smart Display Market by Size (Up to 5, 5 to 10 and Above 10)
- Segmentation of Global Automotive Smart Display Market by Display Technology (LCD, TFT-LCD, LED)
- Segmentation of Global Automotive Smart Display Market by Application (Digital Instrument Cluster, Center Infotainment, Head-up Display, Rear Seat Entertainment)
- Segmentation of Global Automotive Smart Display Market by Vehicle Class (Standard-segment, Mid-segment, Luxury)
- Statistical Snap of Global Automotive Smart Display Market
- Expansion Analysis of Global Automotive Smart Display Market
- Problems and Obstacles in Global Automotive Smart Display Market
- Competitive Landscape in the Global Automotive Smart Display Market
- Impact of COVID-19 and Demonetization on Global Automotive Smart Display Market
- Details on Current Investment in Global Automotive Smart Display Market
- Competitive Analysis of Global Automotive Smart Display Market
- Prominent Players in the Global Automotive Smart Display Market
- SWOT Analysis of Global Automotive Smart Display Market
- Global Automotive Smart Display Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Automotive Smart Display Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automotive Smart Display Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Smart Display Market
7. Global Automotive Smart Display Market, By Size (USD Million) 2020-2033
7.1. Global Automotive Smart Display Market Size, Share and Forecast, By Size, 2020-20267.2. Global Automotive Smart Display Market Size, Share and Forecast, By Size, 2027-20337.3. Up to 57.4. 5 to 107.5. Above 10
8. Global Automotive Smart Display Market, By Display Technology (USD Million) 2020-2033
8.1. Global Automotive Smart Display Market Size, Share and Forecast, By Display Technology, 2020-20268.2. Global Automotive Smart Display Market Size, Share and Forecast, By Display Technology, 2027-20338.3. LCD8.4. TFT-LCD8.5. LED
9. Global Automotive Smart Display Market, By Application (USD Million) 2020-2033
9.1. Global Automotive Smart Display Market Size, Share and Forecast, By Application, 2020-20269.2. Global Automotive Smart Display Market Size, Share and Forecast, By Application, 2027-20339.3. Digital Instrument Cluster9.4. Center Infotainment9.5. Head-up Display9.6. Rear Seat Entertainment
10. Global Automotive Smart Display Market, By Vehicle Class (USD Million) 2020-2033
10.1. Global Automotive Smart Display Market Size, Share and Forecast, By Vehicle Class, 2020-202610.2. Global Automotive Smart Display Market Size, Share and Forecast, By Vehicle Class, 2027-203310.3. Standard-segment10.4. Mid-segment10.5. Luxury
11. Global Automotive Smart Display Market Forecast, 2020-2033 (USD Million)
11.1. Global Automotive Smart Display Market Size and Market Share
12. Global Automotive Smart Display Market, By Region, 2020-2033 (USD Million)
12.1. Global Automotive Smart Display Market Size and Market Share By Region (2020-2026)12.2. Global Automotive Smart Display Market Size and Market Share By Region (2027-2033)12.3. Asia-Pacific
12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Qatar12.5.4. South Africa12.5.5. Egypt12.5.6. Morocco12.5.7. Nigeria12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada12.6.2. Mexico12.6.3. United States
12.7. Latin America
12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. CONTINENTAL AG
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. DELPHI AUTOMOTIVE PLC
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. DENSO CORPORATION
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. HYUNDAI MOBIS
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. JAPAN DISPLAY INC
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. LG DISPLAY CO LTD
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. MAGNA INTERNATIONAL INC
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. NIPPON SEIKI CO LTD
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. ROBERT BOSCH GMBH
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Automotive Smart Display Market is projected to reach USD 28.88 billion by 2033, growing at a CAGR of 7.35% during the forecast period.
Automotive Smart Display Market grew in Market size from 2024. The Market is expected to reach USD 28.88 billion by 2033, at a CAGR of 7.35% during the forecast period.
Automotive Smart Display Market CAGR of 7.35% during the forecast period.
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Automotive Smart Display Market size is USD 28.88 billion from 2024 to 2033.
Automotive Smart Display Market is covered By Size, By Display Technology, By Application, By Vehicle Class.
The North America is anticipated to have the highest Market share in the Automotive Smart Display Market.
The key players in the Market include Companies Covered Continental AG, Delphi Automotive PLC, Denso Corporation, Hyundai Mobis, Japan Display Inc, LG Display Co Ltd, Magna International Inc, Nippon Seiki Co Ltd, Robert Bosch GmbH.
An advanced digital screen that is built into the dashboard or center console of a car and uses cutting-edge display technologies to offer a variety of functions is called an Automotive Smart Display.
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