Harrisburg, NC -- (SBWIRE) -- 02/26/2019 -- Global Smart Displays Market Research Report 2019: The smart display market for automotive applications is primarily driven by the shifting inclination towards demand for connected vehicles which is the key enabler of autonomous vehicles. Additionally, the increase in adoption of display applications by OEMs in automotive hubs such as U.S. and China and the growing demand for large sized displays such as seen in the Tesla Model S will drive the demand for the smart display market for automotive applications. The base year for the report is 2016 and the forecast year is 2022.
The Global Smart Displays market for automotive is projected to grow at a CAGR of 12.77% during the forecast period, to reach a market size of USD 9.80 Billion by 2025.
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Top Leading Companies are: Samsung,LG Electronics,Sony,Sharp,Philips,Hisense,Skyworth,Epson,NEC,ACER,Panasonic,TCL,Changhong,Konka
With advancement of technology, the automotive display applications have witnessed rapid evolution during the last decade. Growing in-vehicle safety and comfort functions have contributed to the growth of automotive display applications that are now offered by OEMs. In many countries, government regulations such as mandatory in-vehicle GPS systems for commercial vehicles and mandatory rear view sensors and back up cameras in passenger cars are expected to increase the market for advanced center stack touchscreen displays in vehicles. In case of commercial vehicles, display applications are used for navigation purpose and telematics.
The market for center stack touchscreen displays will continue to grow at a steady pace, given their increasing use in premium light duty vehicles and heavy duty vehicles. The market would also be driven by the increase in consumer demand for center stack touchscreen displays in economic passenger cars in cost sensitive automotive markets of China, Brazil, India, and Russia.
Contents of the 15 Chapters for This Smart Displays Market Study:-
Chapter 1, to describe Smart Displays Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Smart Displays , with sales, revenue, and price of Smart Displays , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Smart Displays, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Smart Displays market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Smart Displays sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Smart Displays Market, by Type:
Smart Displays Market, by Applications:
The 6"-10" smart display size for automotive applications is projected to grow at a high CAGR during the forecast period. The market growth of this display size can be attributed to increasing in-vehicle display applications in light duty vehicles. Vehicles with display application of 6"-10" are equipped with advanced center stack touchscreen displays that integrate multimedia and navigation functions in one application. Increasing enhancement of advanced instrument cluster has increased the market for over 7 inch display size of the advanced instrument cluster display. Rapid progress in electric and autonomous vehicles will also drive the demand for 6"-10" displays for automotive applications.
Asia-Oceania comprises countries such as China and India, which are major automotive hubs in terms of vehicle production as well as sales. The demand for smart displays in automotive is directly linked to the vehicle production and consumer demand in this region. The region also comprises Japan, a technologically advanced market with a growing consumer demand for advanced automotive electronics in the cockpit and passenger entertainment. The region is also home to key automotive display panel manufacturers such as LG Display (South Korea), Japan Display Inc. (Japan), and Kyocera Corporation (Japan) among others. Hence, with the shift of automobile manufacturing plants to developing countries, the companies involved in manufacturing automotive display applications and their components have started focusing on these markets.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Smart Displays Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Smart Displays Market Carrier and assist manufacturers and investment organization to better grasp the development course of Smart Displays Market.
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Important attributes of the report:
The 360-degree Smart Displays overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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