Press release
Smart Display in Automotive Market 2019 Comprehensive Analysis | Key Players – Visteon, Denso LG Display, Alpine Electronics, Valeo SA, Magna International and Delphi Automotive, Robert Bosch
Market Synopsis of Smart Display for Automotive MarketThe growth of automotive industry leads to the increase in demand for Smart Display for Automotives. Increasing number of automotive displays inside vehicles, progress of developing semi-autonomous & autonomous vehicles, and increasing demand for safety & comfort features from consumers are likely to result in increased usage of smart display in automotive industry. Moreover, factors such as growing demand for luxury & innovation in vehicle connectivity and safety technologies, are some of the factors driving the Smart Display for Automotive market. Increasing progress and advancements in autonomous vehicles with larger and advanced displays, is estimated to grow at the fastest rate in the forecast period.
The market is expected to reach a market size of USD 9.78 Billion by the end of the forecast period at CAGR of 12.56%.
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The Major Player Operating In The Global Smart Display for Automotive Market Are
Robert Bosch GmbH (Germany), Panasonic Corporation (Japan), Continental AG (Germany), Visteon Corporation (U.S.), Denso Corporation (Japan) LG Display (South Korea), Alpine Electronics Inc. (Japan), Valeo SA (France), Magna International Inc. (Canada) and Delphi Automotive PLC (U.K.)
Segmentation of Smart Display for Automotive Market
The global Smart Display for Automotive market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Display Technology: Comprises LCD, TFI-LCD and Other Advanced Technology.
Segmentation by Driving Level: Comprises Conventional and Semi-Autonomous.
Segmentation by Vehicle Type: Comprises Passenger vehicle, Commercial vehicle.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis
Asia-Pacific is estimated to dominate the smart display market for automotive during the forecast period. Development of automotive manufacturing industries in developing economies such as China and India, is driving the market for Smart Display for Automotive. The market in the developing countries is largely driven by economic growth and ongoing industrialization, which helps in the production of vehicles. Moreover, high production of vehicles, low manufacturing cost and availability of cheap labor are some of the factors that boost the market in Asia-Pacific.
Industry/ Innovation/ Related News
The key strategies followed by most companies within the global Smart Display for Automotive market are that of new product development.
In 2018, Panasonic Corporation showcased latest dual display system and head-up display to meet vehicle advances expected over the next decade.
In 2018, Continental AG introduced 3D touch surface display to enhance the user experience and increasing safety.
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Table of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Smart Display for Automotive Market, By Display Technology
5 Global Smart Display for Automotive Market, By Driving Level
6 Global Smart Display for Automotive Market, By Vehicle Type
7 Regional Market Analysis
8 Competitive Analysis
…….Continued
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