The steadfast Automotive Display Unit Market report has provided crucial information about the elements that are impacting and driving the sales of the market. The section of competitive landscape keeps utmost importance in the report which consists of key market players functioning in the worldwide This industry. The report suggests that several macroeconomic factors such as gross domestic product (GDP) and the increasing inflation rate are expected to affect directly or indirectly in the development of the Automotive Display Unit Market. The market analysis report has been formulated with the proper research methodology and validated from the professionals and analysts to ensure the eminent quality reports.
A broad Automotive Display Unit Market report covers market parameters about the This industry. The report pinpoints on the leading market competitors with explaining company profile depending on SWOT analysis to illustrate the competitive nature of the market internationally. Even more, the report consists of market evolution, market shares, associations and level of investments with other leading companies, monetary settlements impacting the Automotive Display Unit Market in recent years are also analyzed. Global industry analysis report also provides insights about import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
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Key Players Mentioned in the Automotive Display Unit Market Research Report:
Samsung (South Korea), LG Display (South Korea), NEC (Japan), Sharp NEC Display Solutions (Japan), Leyard Europe (Germany), Barco (Belgium), Sony Corporation (Japan), E Ink Holdings Inc. (Taiwan), AUO Corporation (Taiwan), DEEPSKY CORPORATION LTD (Hong Kong), VTRON TECHNOLOGIES LTD (China), AOTO Electronics Co., Ltd (China), Unilumin (China), ViewSonic Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Panasonic Corporation Co, Ltd (Japan), Planar Systems Inc. (U.S.), 3M (U.S.), Japan Display Inc (Japan)
Data Bridge Market Research analyses that the automotive display unit market was valued at USD 14,503 million in 2021 and is expected to reach USD 28476.66 million by 2029, registering a CAGR of 8.80% during the forecast period of 2023 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
The report provides an excellent overview of the main macroeconomic factors having a significant impact on the growth of the Automotive Display Unit market. It also provides the absolute dollar opportunity analysis which can be crucial in identifying revenue generation and sales increasing opportunities in the Automotive Display Unit market. Market players can use the qualitative and quantitative analysis provided in the report to get a good understanding of the Automotive Display Unit market and make strong strides in the industry in terms of growth. The overall Automotive Display Unit market size and that of each segment studied in the report are accurately calculated based on various factors.
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Automotive Display Unit market Dynamics
Drivers
Rise the demand of passenger cars
Increase in sales of passenger cars overall the globe has driven the growth rate of the automotive display unit market. It is a preferred part of a vehicle, which provides ease of accessibility and direction in vehicles. Growing investment in luxury cars is another major factor that is expected to boost the demand for display units.
Technological advancement
Automotive display unit manufacturers have developed technologies such as AMOLEDs and TFT LCDs that can be used in low ambient light conditions and enhance the vehicle's safety. These technologies deliver several benefits such as larger display size, vehicle safety, high resolution, high heat-resistance, and lighter than a liquid crystal display (LCD) property which are expected to drive the growth of the automotive display unit market during forecast period.
Also, growing demand of the commercial as well as passenger vehicles, increasing levels of disposable income among the consumers and increasing preferences towards safety as well as comfort systems, surging demand are some major factors which will expected to accelerate the growth of the automotive display unit market.
Opportunities
Increase the number of innovation
The demand for innovation in display unit is expected to boost the sales of automotive display units in the market globally. With the increasing demand to improve vehicle comfort, safety, comfort and convenience in vehicles, this smart display offer advance functions such as driver information display, OLED display, driver assistance, and AR head-up display create beneficial opportunities for the growth of the market.
Moreover, emerging new markets and rise in strategic collaborations will also act as market drivers and further create immense opportunities for the market’s growth rate.
Based on types, the Automotive Display Unit Market Segmentations
Product
Full Digital Displays
Navigation Displays
HUDs
Digital Side Mirrors
Digital Rear View Mirrors
Rear Seat Displays
Rear Seat Control
Vehicle Type
Compact
Mid-Size
SUVs
Luxury
LCVs
HCVs
Display Size
< 5 Inch
5-10 Inch
>10 Inch
Touch Type
With Touch
Without Touch
View Type
2D
3D
Technology
TFT LCDs
PMOLEDs
PMLCDs
AMOLEDs
Screen Format
Standard
Wide
Sales Channel
OEMs
Aftermarket
Resolution
Pixel Formats
Pixel Numbers
Recent Development
In Jan 2019, Panasonic Corporation declared that it has a joint venture with Toyota motors to manufacture the automotive prismatic batteries.
In 2019, LG Display declared that in the first quarter of FY 2019 they noted accumulative sales of 100 million Automotive Display Units
Global Automotive Display Unit Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2023-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.
Benefits:
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the Automotive Display Unit market circumstances on a regional and country-by-country basis.
- The Automotive Display Unit market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the Automotive Display Unit market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Automotive Display Unit Market Report
- Part 03: Global Automotive Display Unit Market Landscape
- Part 04: Global Automotive Display Unit Market Sizing
- Part 05: Global Automotive Display Unit Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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