Automotive Display System Market by End-users, Type, and Geography - Global Forecast and Analysis 2019-2023
Global Automotive Display System Market: About this market
Technavio’s automotive display system market analysis considers sales from OEM and aftermarket end-users. Our analysis also considers the sales of the automotive display system in APAC, Europe, North America, South America, and MEA. In 2018, the OEM segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the rising industry shift toward autonomous vehicles will play a significant role in the OEM segment to maintain its market position. Also, our global automotive display system market report looks at factors such as the increasing demand for aftermarket infotainment systems, rising adoption of HD display systems, and growing uptake of automotive electronics. However, global decline in automobile demand, design complexities associated with integration of automotive electronics, and stringent regulations for in-vehicle display system may hamper the growth of the automotive display system industry over the forecast period.
Global Automotive Display System Market: Overview
Rising adoption of HD display systems
There has been a significant shift from conventional displays to modern-day LCDs, LEDs, and AMOLEDs over the years. These HD displays are increasingly being integrated into infotainment systems. Several mid-segment and luxury passenger vehicles now come equipped with full digital displays. Many rear-seat entertainment screen OEMs are increasingly offering HD LED screens. This increasing adoption of HD displays will lead to the expansion of the global automotive display system market at a CAGR of almost 17% during the forecast period.
The emergence of holographic displays for automotive applications
Holographic displays create a 3D image of an object using a diffraction process. Prominent automakers are making continuous changes in their products and working on developing holographic display technologies for either infotainment system or HUD. The holographic display system packs various features, including lane departure warning, forward collision warning, and navigation. This is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global display system market during the forecast period 2019-2023, click here.
With the presence of several major players, the global automotive display system market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading display system manufacturers, that include Aptiv Plc, AU Optronics Corp., Continental AG, DENSO Corp., LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, Valeo SA, Visteon Corp., and Yazaki Corp.
Also, the automotive display system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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