Automotive Smart Display Market to Grow with a CAGR of 7.81% through 2030
The
Automotive Smart Display Market is growing rapidly, driven by advancements in
display technology, integration of infotainment systems, and rising demand for
enhanced vehicle connectivity and user experience.
According to
TechSci Research report, “Automotive Smart Display Market - Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, The Global Automotive Smart Display market was valued at USD 13.68 Billion in 2024 and is expected to reach USD 21.48 Billion by 2030 with a CAGR of 7.81% during the forecast period. As vehicles become more
integrated with digital interfaces, the demand for high-quality,
multifunctional displays is rising. The evolution of infotainment systems and
the shift towards digital dashboards are driving the need for sophisticated
display solutions. The transition to electric vehicles (EVs) and the development of autonomous driving technologies are major factors fueling the growth of the automotive smart display market. EVs, with their advanced digital dashboards and infotainment needs, require sophisticated display systems to provide real-time data on battery life, energy efficiency, charging station locations, and more. Autonomous vehicles, on the other hand, require smart displays to relay critical information to passengers, such as system status, travel routes, and real-time traffic updates. In these vehicles, smart displays are central to creating a user-friendly experience that replaces traditional dashboards with more digital, interactive elements. As both EVs and autonomous vehicles gain market share, the demand for automotive smart displays is expected to surge, driving market expansion.
As the automotive industry embraces sustainability and energy efficiency, there is a growing trend toward developing more eco-friendly and energy-efficient smart display technologies. Automotive smart displays, especially in electric vehicles, must minimize energy consumption to extend battery life. Innovations in display technologies, such as OLED and micro-LED, offer improved energy efficiency and thinner designs without compromising on quality. These advancements allow manufacturers to create displays that use less power, contributing to the overall sustainability of the vehicle. As automakers seek to meet stringent environmental standards and reduce their carbon footprint, the demand for energy-efficient automotive smart displays will continue to rise, aligning with the broader trend of sustainability in the automotive industry.
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"Global Automotive Smart Display Market”
The Automotive
Smart Display Market is segmented into vehicle type, display technology, display
size and region.
The passenger
car segment is the fastest-growing in the automotive smart display market due
to the increasing consumer demand for enhanced driving experiences and
connectivity features. As modern vehicles integrate advanced infotainment
systems, consumers are seeking high-quality displays that offer a seamless
blend of navigation, media, and communication features. With the rise of
connected technologies, passenger vehicles are increasingly equipped with
touchscreens, voice-controlled interfaces, and multi-functional displays that
provide real-time information to drivers and passengers. Additionally, the
growing emphasis on comfort and convenience in passenger vehicles has led to an
increase in the adoption of digital dashboards and customizable user interfaces.
As automakers strive to meet consumer expectations, there is a strong focus on
creating visually appealing, user-friendly displays. This trend is especially
prominent in high-end and premium passenger vehicles, where cutting-edge
technology is a key selling point. Consequently, the passenger car segment
continues to drive rapid growth in the market.
Asia-Pacific is
the fastest-growing region in the automotive smart display market due to the
rapid expansion of the automotive industry, particularly in countries like
China, Japan, and South Korea. The region is a hub for major automotive
manufacturers and suppliers, with increasing investments in advanced
technologies and the development of next-generation vehicles. The growing
demand for both electric vehicles (EVs) and autonomous vehicles in Asia-Pacific
is driving the adoption of smart display solutions, as these vehicles require
sophisticated systems for navigation, infotainment, and driver assistance.
Furthermore, the region is witnessing a surge in consumer preferences for
advanced in-car connectivity and entertainment features, which are integrated
into smart displays. The strong focus on technological innovation and a highly
competitive automotive market in Asia-Pacific ensures the rapid implementation
of advanced display solutions. Additionally, supportive government policies and
initiatives in the region further accelerate market growth.
Major companies
operating in global Automotive Smart Display Market are:
- LG Electronics, Inc
- Samsung Display Co., Ltd
- Panasonic Corporation
- Denso Corporation
- Continental AG
- Visteon Corporation
- Yazaki group
- Alpine Electronics, Inc
- NXP B.V.
- FORVIA
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“Key trends in
the automotive smart display market include the integration of augmented
reality (AR) displays, the shift towards OLED and flexible display
technologies, increasing adoption of multi-functional touchscreens, and the
growing use of voice and gesture controls. These trends enhance user experience
and driving safety in modern vehicles. “Said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
"Automotive Smart Display Market –Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Display Technology (LCD, TFT-LCD, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Display Size (Less Than 5 Inches, 5 to 10 Inches, More Than 10 Inches), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of Global Automotive Smart Display
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Automotive Smart
Display Market.
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