Automotive Smart Display Market 2016-2023 to Strengthen Its Position at 12.56% CAGR; MRFR Analysis

Global Automotive Smart Display Market, By Display technology (LCD, TFI-LCD and Other advanced technology), by Driving Level (Conventional and semi-autonomous), by vehicle type (Passenger vehicle, Commercial vehicle) and Region- Forecast 2017-2023

The growth of automotive industry leads to the increase in demand for automotive smart displays. 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 automotive smart display 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 Automotive Smart Display 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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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 automotive smart display. 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.

Key Players:

The major player operating in the global automotive smart display 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.)

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Market Research Future Analysis:

Market Research Future analysis show that the global market of automotive smart display market is estimated to be at USD 9.78 Billion by the end of year 2023. Currently, Asia-Pacific is dominating the market with increasing vehicle production in countries such as India and China and focus on increasing the production capacity. Lower manufacturing costs combined with less stringent government regulations has led major technology giants to establish manufacturing bases in the region, thus driving the regional industry growth.

North America is expected to be a flourishing regional market and is expected to grow over the forecast period. High disposable income and improved lifestyle of the people, is expected to generate a steady demand for such advanced display market.

BRIEF TOC:

1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. MARKET DYNAMICS
4. GLOBAL MARKET SEGMENTATION
5. REGIONAL MARKET ANALYSIS
6. COMPETITIVE ANALYSIS
7. CONCLUSION
8. LIST OF TABLES
9. LIST OF FIGURES
Continued...

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