Automotive Smart Display Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022
The automotive smart display is a
wireless touch screen display device providing distraction-free access to
multimedia functions, navigation, driver safety features, real-time diagnostics
of the vehicle including tire pressure, engine heat indicators, etc. Modern
smart display systems also include vehicle-to-infrastructure and
vehicle-to-vehicle connectivity to enhance customer experience.
Improving safety, providing comfort, and
enhancing driver experience are the priorities for the automotive sector
currently. Smart display manufacturers are providing cutting-edge smart display
applications. With an increase in the integration of vehicle functions in a
display application, smart display manufacturers are providing LCD and TFT-LCD
display panels with unique designs.
OEMs are also focusing on offering smart
automotive display system for a cost-sensitive market. Along with the
single-touch screen platform, manufacturers are also integrating gesture
control technology in the smart display system. The focus is also on offering
audible navigational assistance system and 360°video imaging technology that
displays 3D view of vehicle surrounding, thereby improving safety.
According to a new study by Fact.MR, the
global automotive smart display market is projected to witness steady growth
during 2017-2022. By the end of 2022, the market is anticipated to be worth US$
6,478 million. Rising demand for innovative features in vehicles is enhancing
the growth of automotive smart display system.
6-10
Inches to be the Highly-Preferred Display Size
Currently, demand for 6-10 inches smart
displays is the highest. This segment is expected to reach US$ 1,834 Mn in
2017. 3-5 inches is the second largest segment in terms of revenues.
LCD
Display Technology to Represent Robust Growth
Compared to TFT-LCD technology, LCD display
technology is anticipated to witness strong growth in the global automotive
smart display market. Towards the end of 2017, LCD will account for nearly
one-third of the global revenue share.
Advanced
Instrument Cluster Display to Witness Maximum Usage
Advanced instrument cluster display is
expected to gain healthy growth in the global automotive smart display. The
advanced instrument cluster display is projected to bring in nearly US$ 1,896
million in revenue by the end of 2022. Meanwhile, center stack touchscreen
display is also expected to witness strong growth in the global automotive
smart display market.
Comments
Post a Comment