Automotive Smart Display Market Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2025
Major Players
Key players leading the global Automotive 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 Automotive Smart Display.
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 Automotive 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 Automotive Smart Displays in the region.
The adoption of automotive Smart Displays in mid-segment range cars led by the improving socio-economic conditions in the region impacts the regional market growth, positively. Furthermore, the increasing number of display manufacturers that have shifted their bases in the emerging APAC countries, recently is providing a huge impetus to the market growth.
The North America Smart Display Market accounts for the second largest market, globally. Stringent safety norms are expected to foster the growth of the regional market. Furthermore, increasing awareness about the safety systems installed in an automotive system drives the regional market.
The European Automotive 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 Automotive Smart Display systems are propelling the growth of the market in the region.
Competitive Analysis
Highly competitive, the Automotive 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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