The Europe Automotive Smart Display Market would witness market growth of 6% CAGR during the forecast period (2021-2027). These days, automakers operating is creating and innovating slim looking interiors, displays, and dashboards, which are very simple, secure, and control to use. One of the unique developments is the automotive smart display which is in huge demand by customers these days. In the next few years, the automotive smart display would substitute the conventional automobile displays.
The automotive smart display comprises indicators and other displays in the instrumental panel and can even be offered for the rear seat passengers. The automotive smart display also consists of radio & audio, navigation systems, and board computers. The term ‘smart’ is utilized with such displays, along with offering all conventional display features, these can also be linked to the internet through Wi-Fi.
Automotive smart display finds potential application in the cabs and taxis. These days, the automotive smart display is being implemented in cabs with an aim to provide better navigation. V2E (Vehicle to Everything) is becoming a very popular acronym. This acronym is considered as one of the important initiates in the automobile industry, and automotive smart display plays a crucial role in this revolution.
In the automotive domain, there is an increasing demand for smart displays and connected infotainment solutions. There are an increasing utilization and adoption of Google’s Android Auto and Apple’s CarPlay standards. This trend would continue as technology becomes more mature. In addition, displays that utilize 3D, multiple layers, auto-stereoscopic, prismatic, Diffractive Lightfield Backlighting (DLB), and other depth-conveying technologies would gain popularity during the forecast period, hence presenting growth possibilities for the global market. For example, the Honda E urban Electric Vehicle (EV) features a 32-inch-wide console display with three separate displays below a smooth top layer.
The TFT-LCD market dominated the France Automotive Smart Display Market by Technology in 2020, thereby, achieving a market value of $352.5 million by 2027. The LCD market is exhibiting a CAGR of 6.5% during (2021 - 2027). Additionally, The OLED market is estimated to grow at a CAGR of 8% during (2021 - 2027).
Based on Size, the market is segmented into 5 inches to 10 inches, less than 5 inches and More than 10 inches. Based on Technology, the market is segmented into TFT-LCD, LCD, OLED and Others. Based on Application, the market is segmented into Center Stack, Digital Instrument Cluster, Head-up Display (HUD) and Rear Seat Entertainment. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Smart Display Market Size will Hit $16.4 Billion by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Panasonic Corporation, Continental AG, Samsung Electronics Co., Ltd. (Samsung Group), Denso Corporation, Alps Alpine Co., Ltd., LG Display Co., Ltd. (LG Corporation), Hyundai Motor Company, Visteon Corporation, and Nippon Seiki Co., Ltd.
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