Press release
Automotive Display Market: What are the Future Growth Opportunities? Top Players: Continental, Denso, HARMAN International, Hyundai Mobis, Magneti Marelli, MTA S.p.A., Robert Bosch GmbH, Stoneridge, Visteon, YAZAKI Corporation
For instance, the futuristic design of Audi e-Tron has replaced the outside mirrors with cameras that capture everything that is happening behind the vehicle and display the same on OLED screens on the inside of the car's doors. These displays are even touch enabled and a fitting feature in a high-end vehicle that comes at a retail price as high as $90,000. Samsung Electronics, one of the major manufacturers of the OLED panel industry, has projected OLED panels for electric field to grow from 100,000 sheets in 2019 to 3 million sheets in 2022. The automotive display market will definitely play a significant role in such a massive growth of application for OLED display panels.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/3192
The fast-paced growth of the automotive sector across the globe has emerged as one of the major factors that have driven the automotive display market trends over the recent years. Although ride sharing is increasingly gaining popularity as a viable mobility option, the demand for conventional vehicles has not only remained consistent but has grown exponentially. In fact, as per reliable estimates, the global sales of passenger cars and trucks surpassed the figure of an overwhelming 90 million units for the very first time in the year 2017. These numbers apparently explain the rapidly expanding automotive display market share, which is projected to surpass a remuneration portfolio of USD 30 billion by 2025.
The consistent improvement in OLED display technology is quite evident from the aforementioned product launches and offers a glimpse into the rapidly expanding automotive display market share. Additionally, better picture quality, visibility, and sharpness than the TFT LCD monitors have been the USPs of OLED display panels owing to which the automotive display market is rapidly expanding its consumer base across various business verticals.
Owing to the presence of numerous luxury automobile manufacturers along the likes of Jaguar Land Rover, BMW, Porsche, Audi, and Mercedes-Benz, the Europe automotive display industry has been a significant hub for developing and refining the existing automotive display technology. Most of these luxury automotive brands are offering large rear seat entertainment systems and integrated displays to enhance the driving experience. Moreover, the increasing demand for expensive ADAS systems to ensure more comfort, safety, and convenience has been instrumental in uptake of automotive displays in the European countries.
Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/3192
Automotive displays have become the key human machine interface for HVAC controls, audio and media systems, navigation and telematics. Style and elegance of the display unit is valued by consumers just as much as the functionality and features of the unit. As designers come to comprehend the technology trends in automotive displays, it is estimated that the automotive display market will surpass $30 billion by 2025.
Contact Us: -
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com
About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Display Market: What are the Future Growth Opportunities? Top Players: Continental, Denso, HARMAN International, Hyundai Mobis, Magneti Marelli, MTA S.p.A., Robert Bosch GmbH, Stoneridge, Visteon, YAZAKI Corporation here
News-ID: 2009590 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for OLED
OLED Display Tester Market
OLED Display Tester Market Overview
The OLED display tester is a specialized device used to evaluate and test various performance parameters and functions of OLED (Organic Light Emitting Diode, organic light emitting diode) displays. Such testers typically include hardware and software components designed to provide comprehensive testing and analysis capabilities to ensure the quality, performance and reliability of OLED displays.
This report provides a deep insight into the global OLED Display Tester…
OLED ACF Market
The "OLED ACF Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global OLED ACF Market, 2024-2031
Verified Market Research's most recent report, "OLED ACF Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Major Trends in OLED
How the ncreased demand for AR/VR headsets acts as an opportunity for the market?
OLED displays are lighter, thinner, and more flexible as compared to displays based on existing technologies. They emit bright colors. These displays are used in different applications in different sectors. They are used in mobile phones, TVs, wearable devices, etc. Samsung Galaxy series, Huawei P9 Plus, Oppo R9 Plus, Vivo X7 Plus, Xiaomi Redmi 3S, Lenovo Phab2…
Rising Usage of OLED in Mobile Phones to Surge Demand in Global OLED Lighting De …
The surging demand for OLED innovation in the car market is probably going to push the OLED market development in the coming years. The car makers are experiencing a gigantic change concerning the utilization of OLED innovation in display and lighting items in vehicles. These producers are sending OLED dashboards for the purpose of navigation and OLED video displays for entertainment in vehicles for better picture quality. Additionally, with the…
Global OLED Lighting Market Research Report 2017- OLED, Konica Minolta, LG Chem, …
Global OLED Lighting Market Report 2017 presents a professional and deep analysis on the present state of OLED Lighting Market 2017.
In the first part, OLED Lighting Market study deals with the comprehensive overview of the OLED Lighting market, which consists of definitions, a wide range of applications, classifications and a complete OLED Lighting industry chain structure. The global OLED Lighting market analysis further consists…
OLED Display Market - Inherent Advantages of OLED Displays to Override Higher Co …
The competitive landscape of the global OLED displays market is highly oligopolistic in nature, according to Transparency Market Research (TMR). Samsung Electronics, which has been one of the pioneers when it comes to advances in LED and OLED technology, held over 70% of the market in 2011 and collectively accounted for 84.4% of the market along with Visionox and WiseChip.
The wide-ranging operation spectrum of Samsung Electronics has allowed the…
