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Automotive Smart Display Market Size Worth $16.98 Billion By 2028: Grand View Research, Inc.SAN FRANCISCO, April 1, 2021 /PRNewswire/ -- The global automotive smart display market size is expected to reach USD 16.98 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.2% from 2021 to 2028. The growing demand for advanced safety features, automotive and cockpit electronics, and semi-autonomous and autonomous vehicles is expected to drive the market. The increasing demand for improved in-vehicle experience and the changing consumer buying behavior, along with the growth of luxury, premium, and high-end cars worldwide, are also expected to fuel the market demand over the forecast period. Key suggestions from the report:
Read 110 page research report with ToC on "Automotive Smart Display Market Size, Share & Trends Analysis Report By Display Size (5'' - 10", Greater Than 10"), By Display Technology (TFT-LCD, OLED), By Application (Center Stack, Head-up Display), And Segment Forecasts, 2021 - 2028" at: https://www.grandviewresearch.com/industry-analysis/automotive-smart-display-market The surge in demand for vehicle navigation and connectivity system in the automotive sector led to a growth in the usage of automotive visualization technology. The visualization technology has played a significant role in the advancement of the cockpit technology, which has led to the incorporation of interactive and smart displays in several vehicles launched by prominent automakers, such as Jaguar Land Rover, Mercedes-Benz, Volkswagen, Audi, and BMW. Moreover, the technology is gaining prominence among automotive display suppliers with an uptick in demand for automotive in-vehicle infotainment solutions as well as display solutions. An increase in the sales of passenger vehicles equipped with smart displays and in-vehicle infotainment systems, coupled with fatures such as navigation, driver assistance, and real-time traffic monitoring, is expected to bolster the market growth over the forecast period. Asia Pacific held the largest share in 2020 owing to the presence of several key players, such as Panasonic Corporation (Japan), Yazaki (Japan), and Nippon Seiki (Japan) in the region. The region is characterized by the presence of developed nations such as Japan and South Korea, along with emerging economies such as China and India. In recent years, the region has emerged as a hub for automobile production. Grand View Research has segmented the global automotive smart display market on the basis of display size, display technology, application, and region:
List of Key Players of Automotive Smart Display Market
Find more research reports on Automotive & Transportation Industry, by Grand View Research:
Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James View original content:http://www.prnewswire.com/news-releases/automotive-smart-display-market-size-worth-16-98-billion-by-2028-grand-view-research-inc-301260360.html SOURCE Grand View Research, Inc. |