PUNE, India, July 23, 2017 /PRNewswire-iReach/ -- The light
duty vehicle segment is estimated to dominate the smart display
market for automotive. According to the Organization Internationale
des Constructeurs d'Automobiles (OICA), the global new passenger
car sales increased from 55.8 million units in 2010 to 69.4 million
units in 2016. The increase in the number of passenger cars,
combined with increasing adoption of display applications, makes
passenger cars the highest contributor to the smart display light
duty vehicle segment. The rapid increase in the adoption of safety
and comfort systems in passenger cars plays a significant role in
the increasing demand for display applications in passenger cars.
The display function, combined with other active and passive safety
systems, assists a driver in avoiding crashes and protects
passengers during accidents. Complete report on "Smart
Display Market for Automotive" spread across 206 pages, profiling
16 companies and supported with 81 tables and 62 figures is now
available at
http://www.rnrmarketresearch.com/smart-display-market-for-automotive-by-application-display-size-3-5-6-10-10-display-technology-lcd-tft-lcd-other-advanced-technologies-level-of-autonomous-driving-conventional-semi-st-to-2022-market-report.html
.
The semi-autonomous is the fastest growing segment of the smart
display market for automotive, by level of autonomous driving. The
penetration of semi-autonomous vehicles is anticipated to rise in
the coming years due to an increase in the electrification of
vehicle components and use of smart automotive components that
assist the driver in a more comfortable and safe drive. In
addition, technologically driven companies and OEMs are
collaborating to make semi-autonomous and autonomous vehicles a
safe mode of transportation, thereby engaging consumer curiosity.
With development in level of autonomous driving, vehicles will be
equipped with a number of automotive smart displays that will be
larger and provide advanced driver assistance on a single touch
screen platform.
With increasing progress and advancements in autonomous and
electric vehicles, which are expected to be equipped with larger
and advanced displays of flexible designs, the market for advanced
display technologies for automotive displays is estimated to grow
at the fastest rate. Rapid technological advancement and increasing
consumer demand for automotive display features are expected to
fuel the demand for the smart display market for automotive.
Earlier, the share of electronic systems in vehicles was only 1–2%
of the vehicle cost. However, due to the rising trend of enhanced
driver and passenger experience and convenience features, the share
of electronic systems has increased to 8–12% of the total vehicle
cost. Consumer preference for these features is a key driving force
for the growth of digital cockpit display applications. Automotive
displays are expected to play a greater role in electric cars,
semi-autonomous, and concept cars with latest technologies and
radical designs. The growth of such technologies could escalate the
role of the display functions and systems in cars, which would
increase the demand for advanced automotive displays.
OLED, AMOLED: Fastest growing display technology of the smart
display market for automotive. The other advanced display
technologies, such as OLED, AMOLED, etc. are widely used in
consumer electronics applications, such as television displays,
smart phones, and others. These advanced display technologies allow
flexibility in design and color and provide an enhanced visual
appeal. They offer superior quality images and brighter displays as
compared to LCD and TFT-LCD display panels. However, these display
technologies are not frequently used in automotive applications due
to low temperature resistance offered by these panels. Advanced
display technologies are also less durable as compared to LCD and
TFT-LCD technologies for automotive functions.
This research study is obliging for following audience:
- Automotive display system manufacturers and component
suppliers
- Automotive display panel manufacturers
- Automotive OEMs
- Industry associations and other driver assistance systems
manufacturers
- The automobile industry and related end-user industries
The ecosystem of the smart display market for automotive
consists of automotive display system providers such as Robert
Bosch GmbH (Germany), Continental
AG (Germany), Visteon Corporation
(U.S.), Panasonic Corporation (Japan), and Denso Corporation (Japan) among others; and display panel
manufacturers such as LG Display (South
Korea), Kyocera Corporation (Japan), AU Optronics (Taiwan), and Japan Display Inc. (Japan) among others. These display systems are
supplied to automotive OEMs such as BMW Group (Germany), Daimler AG (Germany) and Volkswagen AG (Germany).Download PDF Brochure "Smart
Display Market for Automotive by Application, Display Size (3"-5",
6"-10", & >10"), Display Technology (LCD, TFT-LCD, &
Other Advanced Technologies), Level of Autonomous Driving
(Conventional & Semi-autonomous), Vehicle Type, and Region -
Global Forecast to 2022" research report at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=1142769
.
In the process of determining and verifying, the market size for
several segments and sub segments gathered through secondary
research, extensive primary interviews were conducted with key
people. In Tier 1 (32%), Tier 2 (45%) and OEM (23%) companies were
contacted for primary interviews. The interviews were conducted
with various key people such as C-Level (35%), Director Level (25%)
and others (40%) from various key organizations operating in the
smart display market for automotive. The primary interviews were
conducted worldwide covering regions such as North America (40%), Europe (35%), Asia-Oceania (20%), and RoW
(5%).
On a related note, another research titled Cockpit
Electronics Market for Automotive Global Forecast to 2022 says,
the global automotive cockpit electronics market is projected to
reach a market size of $51.54 billion
by 2022, growing at a CAGR of 8.60% from 2017 to 2022. Companies
such as Alpine Electronics, Inc., Clarion, Continental AG, Delphi
Automotive PLC, Denso Corporation, Garmin International, Inc.,
Harman International, Magneti Marelli S.p.A., Nippon Seiki Co.,
Ltd, Panasonic Corporation, Pioneer Corporation, Robert Bosch GmBH,
TomTom International BV, Visteon Corporation, Yazaki Corporation
have been profiled in this 209 pages research report available at
http://www.rnrmarketresearch.com/cockpit-electronics-market-for-automotive-by-product-hud-information-display-infotainment-navigation-instrument-cluster-and-telematics-type-basic-and-advanced-end-market-fuel-type-and-region-global-f-st-to-2022-market-report.html
.
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