Smart Display Market Size, Business Revenue, Future Scope, Trends, Key Players And Forecast To 2025
Summary
Global Smart Display Market Size, Research Report: By Display Technology (Liquid Crystal Display (LCD), Thin-film Transistor Liquid Crystal Display (TFT-LCD), and Others), Driving Level (Semi-Autonomous and Conventional), Display Size (Up to 5”, 5’-10”, and Above 10”), Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion (ICE and Electric Vehicle), Sales Channel (OEM and Aftermarket), and Region (North America, Europe, Asia-Pacific, and Rest of the World)– Forecast till 2025
Overview
Over the next few years, augmented reality smart displays will help to make driving even more comfortable and safe. The increasing demand for smart displays in order to improve the consumer experience in vehicles to ensure safety is another major factor driving the growth of the smart displays market.
Major Players
Key players leading the global Smart Display Market Size, include Panasonic Corporation (Japan), Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Visteon Corporation (US), LG Display (South Korea), Valeo SA (France), Alpine Electronics Inc. (Japan), Delphi Automotive PLC (UK), and Magna International Inc. (Canada) among others.
Industry/Innovation/Related News
On occasion, JDI mentioned that it is looking at an exciting and technology-driven future of the entire automotive market. Hence, the trend towards autonomous driving and smart surfaces with a new way of living require a complete re-thinking of possible needs of all passengers in the vehicle.
Segments
There are four key dynamics that the market is segmented into;
By Display Technology : LCD and TFI-LCD among other advanced technology.
By Driving Level : Conventional and Semi-autonomous.
By Vehicle Types : Passenger vehicle and Commercial vehicle.
By Regions : North America, Europe, Asia Pacific, and the Rest-of-the-World.
Regional Analysis
The Asia Pacific accounts for the leading region in the global Smart Display Market Size,.
The burgeoning automotive sector, heading with the strengthening economy in countries, such as India, China, and South East Asian countries drives the demand for smart displays in the region.
The European Smart Display Market Size, has emerged as a profitable market, globally. Factors such as the augmenting demand for luxury or premium cars and SUV’s equipped with automotive smart display systems are propelling the growth of the market in the region.
Competitive Analysis
Highly competitive, the Smart Display Market Size, appears to be fragmented characterized by the presence of several major well-established players. These players incorporate strategic initiatives such as collaboration, acquisition, partnership, technology launch, and expansion in order to maintain their positions in this market by gaining a competitive advantage. Strategic alliances between these players support the growth and expansion plans of the key players during the forecast period.
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