Smart Display Market Outlook, Strategies, Analysis, Future Scope, Key Drivers Forecast To 2025
Major Players
Key players leading the global Smart Display Market 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
March 20, 2019 --- Clinc Inc. (the US) a leading developer of software artificial intelligence based applications announced securing USD 52 MN in series B financing led by its investors partners Drive Capital and Hyde Park Venture Partners to bring conversational AI to automotive smart display.
February 26, 2019 ---- Faurecia (France), a leading automotive technology provider announced its partnership with Japan Display Inc. (Japan), a leader in automotive displays to enhance the digital user experience in vehicles. Partnering companies will cooperate on the development and integration of large displays into automotive interiors while leveraging their expertise so that the functionalities and design of large screens will be a key element of cockpit attractiveness.
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.
Regional Analysis
The Asia Pacific accounts for the leading region in the global Smart Display Market.
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 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 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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