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Automotive Display Market Trends

  • Report ID: GMI3192
  • Published Date: Jun 2024
  • Report Format: PDF

Automotive Display Market Trends

The automotive display industry is experiencing significant advancements in display technologies, including OLED, AMOLED, and MicroLED. These technologies offer several advantages over traditional LCD screens such as superior color accuracy, higher contrast ratios, and greater flexibility. OLED and AMOLED displays, in particular, are known for their ability to produce deep blacks and vibrant colors, enhancing the visual experience.
 

MicroLED technology, although still in its early stages, promises even higher brightness and efficiency. These advancements enable the development of curved and flexible screens that can be integrated into various parts of the vehicle’s interior, offering designers more creative freedom and enhancing the overall aesthetic appeal of the vehicle.
 

There is a growing trend towards larger and higher-resolution screens in vehicles. Digital instrument clusters are increasingly replacing traditional analog gauges, providing more dynamic and customizable displays of critical information. Central touchscreens, used for infotainment and navigation, are also getting larger, offering more screen real estate for apps and features. High-resolution displays provide clearer and more detailed visuals, enhancing the overall user experience and making it easier for drivers to access information quickly. This trend is driven by consumer demand for more immersive and interactive in-car experiences, along with the need to accommodate the growing number of features and functionalities in modern vehicles.
 

Augmented Reality (AR) is being integrated into automotive displays to provide an enhanced driving experience. AR Head-up Displays (HUDs) can overlay navigation instructions, hazard alerts, and other critical information onto the real-world view, helping drivers make informed decisions without being distracted. This technology is particularly useful for navigation and ADAS applications.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of automotive display reached USD 14.9 billion in 2023 and is set to witness over 10% CAGR between 2024 and 2032, led by the rapid shift towards electric and connected vehicles.

The head-up display segment of the automotive display industry is poised to cross USD 3.5 billion by 2032, owing to increasing emphasis on road safety, which necessitates minimizing driver distraction.

Asia Pacific market accounted for over 40% share in 2023, owing to increased automotive manufacturing.

LG Electronics, Visteon Corporation, Panasonic Corporation, Robert Bosch GmbH, Continental AG, ALPS ALPINE CO., LTD, and Hyundai Mobis among others

Automotive Display Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 23
  • Tables & Figures: 277
  • Countries covered: 21
  • Pages: 250
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