Global automotive Smart Display Market Analysis By Segmentations, Key Players & Future Forecast 2023-2032

 

Global Automotive Smart Display Market

The Global Automotive Smart Display Market size was valued at USD 12.9 billion in 2021 and is projected to grow at a CAGR of 7.1% during the forecast period. 

The global automotive smart display market refers to the market for advanced interactive displays in vehicles that provide information and entertainment to the driver and passengers. These smart displays are integrated with advanced features such as touchscreens, voice control, and gesture control, and are designed to enhance the driving experience by providing real-time information on navigation, entertainment, climate control, and vehicle diagnostics. They are also capable of displaying safety warnings and alerts, and can be integrated with advanced driver assistance systems (ADAS) to provide a more intuitive and safe driving experience. The automotive smart display market includes displays of various sizes and types, such as head-up displays (HUDs), infotainment displays, rear-seat entertainment displays, and instrument cluster displays.

Covid-19 Impact:

The COVID-19 pandemic has had a mixed impact on the global automotive smart display market. On one hand, the pandemic has disrupted the global supply chain, leading to manufacturing and supply chain challenges for automotive manufacturers and suppliers. This has resulted in a decline in automotive production and sales, which has negatively impacted the demand for automotive smart displays. In addition, the closure of automotive dealerships and showrooms has also affected the market, as consumers are delaying their vehicle purchases due to economic uncertainties.

On the other hand, the pandemic has accelerated the adoption of digital technologies in the automotive industry, as people increasingly rely on digital communication and entertainment while commuting. This has led to a surge in demand for advanced in-vehicle displays, such as infotainment systems and rear-seat entertainment displays. Furthermore, the pandemic has highlighted the importance of safety features in vehicles, such as ADAS and HUDs, which has driven the adoption of smart displays in the automotive sector.

In summary, while the COVID-19 pandemic has posed significant challenges for the global automotive smart display market, the long-term growth prospects remain positive, as the demand for advanced in-vehicle displays is expected to increase in the post-pandemic period.

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Market Segmentation:

Display Size: The market can be segmented into different display sizes, such as up to 5 inches, 5-10 inches, and above 10 inches.

Display Technology: The market can be segmented into different types of display technologies, such as LCD, OLED, and TFT-LCD.

Level of Autonomous Driving: The market can be segmented based on the level of autonomous driving, such as level 1, level 2, level 3, level 4, and level 5.

Sales Channel: The market can be segmented based on the sales channel, such as OEM and aftermarket.

Vehicle Type: The market can be segmented based on different types of vehicles, such as passenger cars, commercial vehicles, and others.

Region: The market can be segmented based on different regions, such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

 

 Key Player:

Continental AG

Denso Corporation

Visteon Corporation

Panasonic Corporation

Robert Bosch GmbH

Magna International Inc.

Nippon Seiki Co. Ltd.

Yazaki Corporation

Pioneer Corporation

Harman International Industries Inc.

 

Regional Analysis:

The countries covered in the regional analysis of the Global Automotive Smart Display market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

 Key Points: 

• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Automotive Smart Display market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Automotive Smart Display would help in identifying future applications in this market.

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