Lucintel Forecasts Automotive Display System Market to Reach $28.9 Billion by 2027

According to the recent study the automotive display system market is projected to reach an estimated $28.9 billion by 2027 from $18.8 billion in 2021, at a CAGR of 6.3% from 2021 to 2027. Growth in this market is primarily driven by growth in vehicle production, increasing demand for navigation and infotainment systems, and growing electronic content per vehicle.

Browse 157 figures / charts and 132 tables in this 233 -page report to understand trends, opportunities and forecast in automotive display system market by vehicle type (mid-size cars, large cars, SUVs and crossovers, LCVs, and others), product type (center stack display, camera information display, driver information display, reconfigurable Instrument Cluster, rear seat entertainment, and head-up display), technology (LCD and OLED), screen size (< 5“, >5"-10“, and >10“), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Center stack display market is expected to remain the largest segment during the forecast period.”

Based on product type, the automotive display system market is segmented into center stack display, camera information display, driver information display, reconfigurable Instrument Cluster, rear seat entertainment, and head-up display. Lucintel forecasts that the center stack display market is expected to remain the largest segment due to high demand in navigation and infotainment systems.

“Within the automotive display system market, the large car segment is expected to remain the largest vehicle type.”

Based on vehicle type the large car segment is expected to witness the highest growth over the forecast period as OEMs are providing large integrated displays and rear seat entertainment systems in their vehicle models.

“Asia pacific will dominate the automotive display system market in near future.”

Asia Pacific will remain the largest region and it is expected to witness highest growth over the forecast period due to increasing vehicle production and government regulations on the implementation of display system.

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Major players of automotive display system market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Continental AG, Visteon, Panasonic, Denso, Nippon Seiki, Robert Bosch, Magneti Marelli, Yazaki, Delphi, and Alpine Electronics are among the major automotive display system providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-display-system-market.aspx  or helpdesk@lucintel.com.

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Lucintel
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