Automotive Display Market By Display Size (<5”, 5” to 10”, >10”), Display Technology (LCD, TFT-LCD, OLED), Autonomous Driving (Semi-Autonomous, Autonomous), Electric Vehicle (BEV, FCEV, HEV, PHEV), Vehicle Class (Economy, Mid-Segment, Luxury), Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), Application (Centre Stack, Digital Instrument Cluster, Head-Up Display, R

Automotive Display Market Valuation – 2024-2031

We're seeing a huge change in the car industry because of new tech, what drivers want, and even the rules we have to follow – it's all about those vehicle displays! Cars are getting smarter, going electric, and even driving themselves, so those dashboard displays aren't just showing speed anymore. They're now full-on hubs for information, entertainment, and helping you drive. All sorts of things are pushing this growth, from different types of cars to cooler technology and companies teaming up. It's why the demand for car displays is exploding. The market is set to jump from a whopping USD 12.26 Billion in 2024 to about USD 22.20 Billion by 2031.

The automotive display market is experiencing a significant surge in demand driven by a convergence of technological advancements, changing consumer preferences, and regulatory imperatives propelling it on a path of rapid growth. One of the primary factors driving this growth is the growing consumer preference for advanced infotainment systems and connected car technologies. As consumers prioritize seamless connectivity, entertainment, and navigation features in their vehicles, automakers are forced to incorporate sophisticated display systems capable of providing immersive user experiences by enabling the market to grow at a CAGR of 7.7% from 2024 to 2031. 

Automotive Display MarketDefinition/ Overview

Automotive displays have progressed from basic instrument panels to complex, multifunctional interfaces that transform the driving experience. At their heart, automobile displays are a wide range of visual interfaces integrated into vehicles that serve a variety of purposes from giving critical driving information to facilitating entertainment and connection options. These displays come in a variety of shapes such as instrument clusters, infotainment screens, heads-up displays (HUDs), and rear-seat entertainment systems all of which are intended to improve driver comfort, convenience, and safety.

The primary applications of automobile displays are to provide driver information and vehicle diagnostics. Traditional instrument clusters have evolved into high-resolution digital displays that can offer a variety of data in real-time. These displays provide drivers with a full overview of their vehicle’s performance and operational parameters including speed, fuel levels, navigation directions, and vehicle status warnings. These displays incorporate advanced functions such as adaptive cruise control status, lane departure warnings, and tire pressure monitoring systems which improve driver awareness and road safety.

The future of automobile displays is the growth of larger, high-resolution screens that span the dashboard, replacing traditional analog gauges and buttons. These large displays act as focal points in the car cabin delivering a variety of information and entertainment possibilities in a visually immersive approach. These displays provide a comprehensive array of functions that improve the functionality and attractiveness of the vehicle interior including navigation maps, vehicle diagnostics, multimedia content, and real-time traffic information.

How will Increasing Demand for Infotainment in Automobiles Drive the Automotive Display Market?

The increase in demand for entertainment systems in automobiles has emerged as a critical catalyst moving the automotive display market forward. This rising need is inextricably linked to changing customer expectations which are marked by an increasing propensity for complex and sophisticated entertainment systems integrated seamlessly into their automobiles. As a result, the market’s thirst for larger, higher-resolution displays has increased significantly as need for cutting-edge functionalities. The constant pursuit of automotive perfection has thus sparked a cycle of innovation propelling global growth in the automotive display industry.

Automotive displays are more than just navigation aids, they also include a variety of driver safety features and entertainment functionalities that aim to improve the entire driving experience. Automotive displays serve as a central point for delivering essential vehicle information to the driver enabling preventive maintenance and assuring maximum performance. This includes real-time engine heat indications and tire pressure monitoring systems. Furthermore, the incorporation of multimedia services such as entertainment systems and smartphone connectivity enhances the driving experience by changing the car interior into a dynamic and immersive space.

The combination of these elements has resulted in a strong compound annual growth rate for the automotive display industry in recent years highlighting its critical role in determining the future of automotive technology. As consumers demand more advanced infotainment systems and automakers attempt to stay ahead of the curve, the automotive display market is expected to develop and innovate. By capitalizing on the potential for vehicle safety and comfort advancements, catering to the increasing EV market, and providing seamless navigation experiences, the automotive display market is positioned to transform the driving experience for years to come.

Will the Increasing Threat of Cybersecurity Hamper the Automotive Display Market?

The rapid integration of innovative technology has ushered in a new era of vehicular innovation with most current automobiles sporting a wealth of complex features many of which revolve around wireless networking. While these advances offer greater convenience and functionality, they also increase susceptibility to cyber dangers. The development of networked gadgets in the vehicular ecosystem including smartphones, navigation tablets, and music players increases the vulnerability to malware and virus infection via vehicle information terminals and entertainment systems. Furthermore, the widespread nature of these connections together with their potential flaws, heightens the threat of hacking attacks.

The abundance of networked electronics that populate today’s automobiles is the principal route through which cyber-attacks infiltrate vehicle systems. Smartphones with their ubiquitous presence and important role in daily life provide a conduit for possible malware penetration with malicious software frequently hitching a ride via Bluetooth or Wi-Fi connections. Similarly, while navigation tablets and entertainment systems improve the overall driving experience, they also present fresh risks that cybercriminals might attack.

The rapid adoption of advanced technology has revolutionized the automobile industry but it has also introduced a new era of cybersecurity risk. The networked nature of modern automobiles combined with the expansion of wireless technologies and telemetry systems has resulted in a complex and dynamic danger landscape necessitating a collaborative and multidimensional approach to mitigation. By emphasizing cybersecurity and embracing a culture of awareness and preparedness, the automobile industry can traverse these issues and ensure that the promise of connected mobility is realized while maintaining security and privacy.

Category-Wise Acumens

How will the Increasing Multifunctional Property Drive the Display Size Segment?

The automotive market is undergoing a revolutionary shift notably in the area of smart displays where size segmentation is critical to customer preferences and market dynamics. The market’s size is divided into three separate segments up to 5 inches, 5 to 10 inches, and more than 10 inches which provides insight into the diverse landscape of car display systems. Among these segments, the 5 to 10-inch category emerges as the leader accounting for the largest global market share. This dominance reflects a dramatic shift in consumer behavior and technological improvement within the car industry.

The growing demand for smart displays in mid-segment vehicles can be linked to several interconnected reasons, the most prominent of which is the increasing integration of electronic systems with safety and security measures. As automotive technology advances, there is a greater emphasis on improving the driving experience with novel technological solutions. Smart displays with their intuitive interfaces and multipurpose capabilities are a key component in this quest giving drivers real-time access to important information while assuring maximum safety and convenience.

The market is undergoing an extraordinary transition fueled by a convergence of technology innovation, shifting consumer tastes, and regulatory requirements. The market segmentation based on display size provides useful insights into the changing dynamics of this constantly developing industry. As smart displays grow and proliferate, they promise to transform the driving experience ushering in a new era of connectivity, safety, and convenience on the road.

Will the Enhanced Visual Quality Drive the Display Technology Segment?

One of the most distinguishing features of TFT-LCD screens is their adaptability in displaying material. Whether it’s monochrome data or bright full-color video streams from DVDs, cameras, or other video sources, TFT-LCDs excel in rendering a wide range of visual content with precision and clarity. This versatility extends to their capacity to function as multi-character displays allowing for the seamless integration of data from diverse sources. This functionality is especially useful in current vehicles since the display acts as the primary interface for accessing and controlling a wide range of services from multimedia entertainment to vehicle diagnostics.

Significant development is observed spurred by the extensive use of LCD screens in various automotive components. LCD technology is seen everywhere in the automotive industry from base instrument clusters to center console touchscreen displays and even touchscreen screens for backseat appliances in compact car models. This proliferation highlights the LCD panel’s versatility and utility in meeting a wide range of display needs within automobiles from crucial driver information to interactive infotainment experiences for passengers.

The growth of display technology in the car sector reflects broader trends in consumer electronics with a focus on high-resolution, adaptable, and cost-effective options. TFT-LCDs continue to be the favored choice for smart displays in vehicles due to their dependability, clarity, and affordability. However, the scene is rapidly changing with LED-based technologies particularly OLEDs poised to threaten the status quo through greater performance and unique features. As automotive displays change to suit the demands of connected, self-driving, and electrified vehicles, manufacturers must remain attentive to embracing innovative technology to provide appealing and intuitive user experiences on the road.

Gain Access into Automotive Display Market Report Methodology

Country/Region-wise Acumens

How will the Increased Demand for Automobiles Drive the Asia Pacific Region?

The Asia Pacific region is really in the driver's seat when it comes to vehicle smart displays, and it looks like they'll be staying there for a while! A bunch of things are coming together to make this happen, fueling both demand and new ideas in cars. More people want cars here, thanks to bigger paychecks and more folks moving to cities, so it's become a super popular spot for car companies and tech whizzes alike. But with more cars on the road, there's also a big problemmore traffic accidents. As roads get more crowded, we really need better ways to keep people safe in their cars and improve road safety overall.

The path to reaching the full potential of vehicle smart displays is not without hurdles. Technical challenges such as maintaining interoperability across several vehicle platforms and optimizing user interfaces for seamless interaction continue to be addressed through continuing research. Furthermore, as the automotive landscape advances with the introduction of self-driving cars and connected car technologies, the function of smart displays is poised for further upheaval needing constant adaptation and innovation.

Therefore, the Asia Pacific region is poised to maintain its leadership in the automotive smart display business, thanks to a powerful combination of market demand, technological knowledge, and a firm commitment to safety and innovation. As smart displays grow more common revolutionizing how we interact with our vehicles and traverse our roadways, the Asia Pacific region’s critical role in defining the future of automotive technology is expected to continue.

Will the Increasing Sales and Innovation in Products Drive the North American Region?

North America’s market landscape has grown dramatically, particularly in the field of display technologies. This growth can be linked to two primary factorsrising sales statistics and more industry innovation. The exponential rise in the usage of display technology across numerous sectors has sparked fierce competition among companies to capitalize on this booming industry. The car industry is a primary driver of this expansion with demand for advanced display technologies in premium vehicles continually increasing. As consumer preferences change toward automobiles with cutting-edge technology, manufacturers are pushed to increase manufacturing capacity to satisfy rising demand.

The enterprise sector has also emerged as a major contributor to the expansion of the display technology market. Businesses are increasingly using display technology to improve communication, productivity, and customer engagement ranging from digital signage systems to collaborative workspaces. The introduction of large-format displays and ultra-high-definition screens has transformed the way information is presented and consumed in business settings boosting demand in a variety of industries including retail, hospitality, and healthcare.

The explosion in North America’s display technology sector demonstrates the transformative power of innovation and changing consumer tastes. Advanced display technologies are in high demand across a wide range of industries from automotive to consumer electronics, enterprise solutions to new technologies driving growth and determining the future of connectivity and engagement. As firms continue to engage in research and development, and technical improvements take place, the stage is set for a future in which display technologies play an increasingly important role in shaping our digital world.

Competitive Landscape

The automotive display market is a dynamic and competitive space characterized by diverse players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the automotive display market include

• Alps Alpine Co., Ltd.
• Continental AG
• Denso Corporation
• Hyundai Mobis
• Nippon Seiki Co., Ltd.
• Panasonic Corporation
• Pioneer Corporation
• Robert Bosch GmbH
• SAMSUNG (HARMAN International)
• Visteon Corporation

Latest Developments

• In June 2023, Continental AG presented some of its forthcoming automotive displays at the Mobility Tech Expo. The company enhanced its products, including a scenic view head-up display and a larger central windscreen display with local dimming technology to indicate essential information. The business also promises to include facial authentication on its screens.
• In July 2023, LG Display Co. will offer its organic light-emitting diode (OLED) car display to Hyundai Motor Co.’s premium brand Genesis for the GV80 model’s integrated dashboard infotainment system. The 2024 GV8O facelift model will have LG’s 27-inch OLED screen for the luxury SUV’s panoramic display, which combines panels for the dashboard, navigation, and infotainment system.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We take a close look at the market, using both qualitative and quantitative methods. This means we consider things like the economy, but also other important stuff. For each market slice (segment and sub-segment), we give you its value in USD Billion. We'll point out which areas and segments are likely to grow the quickest and be the biggest. Our analysis breaks down each region, showing how much of the product or service is used there and what's influencing the market locally. See how everyone stacks up in the competitive landscape, including major players' market rankings, new offerings, partnerships, expansions, and acquisitions over the last 5 years – with detailed company profiles including overviews, insights, product comparisons, and SWOT analyses. Expect an overview of the present and future of the industry, highlighting growth possibilities, what's driving the market, and the challenges/restraints in both new and mature regions. Also, we dive deep with Porter's five forces analysis to understand the market from different angles, and give you an insight into how value moves through the industry via Value Chain analysis. We layout the market's momentum and future growth opportunities, plus you get 6-month post-sales analyst support.

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.