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Automotive Smart Display Market Analysis And Demand With Forecast To 2022
Automotive Smart Display Market Analysis And Demand With Forecast To 2022, 7/31/2020 - Automotive Smart Display Market Overview

The growth in the implementation of artificial intelligence in automotive smart displays is anticipated to boost the market’s growth. Reports that evaluate the automobile industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is projected to develop at a CAGR of 12.56 % while gaining revenues worth USD 9.78 Billion in the forecast period.

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

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.

Global Automotive Smart Display Market - Segments

There are four key dynamics that the market is segmented into;

By Display Technology : LCD and TFI-LCD among other advanced technology.

By Driving Level : Conventional and Semi-autonomous.

By Vehicle Types : Passenger vehicle and Commercial vehicle.

By Regions : North America, Europe, Asia Pacific, and the Rest-of-the-World.

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 smart displays in the region.

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 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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