Press release
Automotive Display Panel Market 2021 Industry Growth and Product Scope 2027 Top Players as Japan Display, AUO, Sharp, LG Display
The Automotive Display Panel market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Automotive Display Panel market research report recommends a business strategy for present market participants to strengthen their position in the market.The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Japan Display, AUO, Sharp, LG Display, Innolux Corp., Tianma, CPT
The Global Automotive Display Panel Market Size is Projected to Reach at a CAGR of 9.45% during 2021-2027.
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Market Overview
The global automotive display market is primarily driven by technological advancements and innovation in systems. In developed nations, rising consumer preference toward driving convenience and safety is driving the market’s growth. The earlier trend of a small screen in the central console, coupled with music players, completely changed with the advent of new, large, and efficient displays. Navigation and infotainment systems have become standard features in most cars.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Automotive Display Panel Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Automotive Display Panel market document.
Automotive Display Panel market Segmentation By Type:
TFT LCD
PMLCD
Other
Automotive Display Panel market Segmentation By Application:
Center Stack Display
Instrument Cluster
Other
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Key Market Trends
Demand for Enhancement of Driver Experience and Safety Features
There is an increasing demand for enhanced safety, comfort, and convenience features in automobiles, especially in developed economies. Advanced infotainment systems, heads-up displays, telematics, gesture control systems, and central controllers are increasingly being introduced by OEMs in vehicles.
Automotive display system manufacturers and display panel manufacturers are upgrading their offerings in the form of enhanced display applications. Manufacturers are increasing their R&D expenditures to develop improved technologies that are expected to meet, for instance, the ever-expanding connected car features. Consumer awareness in developed economies is playing a key role in driving the popularity of smart displays for automotive applications.
Regional Analysis:
OLED Segment Expected to be the Fastest Growing One Over the Forecast Period
The value for OLEDs was significantly low in 2018, as compared to the LCD market. However, OLED display systems are expected to be adopted quickly over the next five years, closely mirroring the trend in smart phones. In 2017, total OLED display panel shipments of the automotive industry were 2.35 million units. Furthermore, more than 99% were PMOLED (Passive Matrix – OLED) displays. Currently, AMOLED (Active Matrix – OLED) screens are being used mostly for rear seat entertainment in luxury cars.
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Automotive Display Panel Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Automotive Display Panel Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Automotive Display Panel industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Automotive Display Panel marketplace in the during the forecast period?
Impact of COVID-19:
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Automotive Display Panel market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization: -
The Global Automotive Display Panel Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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