Automotive Display System Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of Automotive Display System Market by type (CSD, CID, DID-NR, RIC, RSE, and HUD) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the Automotive Display System Market it includes the five years Industry analysis and the 6 years annual forecast from 2017 to 2023. Some of the prominent participants in the Global Automotive Display System Market are Delphi Automotive, Panasonic, Pioneer, Robert Bosch, Alpine Electronics, Continental, LG Display, Garmin, Nippon Seiki, and Yazaki. According to report the global automotive display system market is expected to grow at a CAGR of 19.9% over the forecast period of 2017 – 2023.
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Camera-based rearview mirrors is one of the key trends that will contribute to the automotive display system market’s growth in the forthcoming years
The global automotive display system market is expected to grow at a CAGR of 19.95% between 2017 and 2023 in terms of value. In addition, in terms of volume the global automotive market is anticipated to grow at a CAGR of 17.45% over the years of 2017-2023. Electronic displays increasingly play a leading role in vehicle cockpits. The global market for the automotive display system is driven by the factors such as growing use of electronic components for automobile industries, innovations and technological advancements in the display system, and reduced prices for LCD displays. In addition, the rising adoption of smartphone mirroring technology and Government concerns to improve the vehicle safety standards are anticipated to escalate the growth of the automotive display system market. On the other side, the display system is based on the wireless connectivity and offers real-time updates and information, which may result in creating privacy and security issues such as hacking, and information theft, which is turn is likely to be the primary restraining factors affecting the growth in this market over the forecast period. Moreover, introduction of next generation micro-display technology and easy scalability due to open source OS offers new feature developments are expected to create more opportunities in upcoming years.
The global market size of automotive display system is anticipated to grow from USD 11.82 billion in 2016 to USD 42.13 billion in 2023. The automobile industry has grown significantly over the past couple decades, currently the worldwide automobile industry is valued more than USD 1.70 trillion consecutively in 2015 and 2016. Moreover, the growth of automotive display system has driven by the global automobile industry which has undergone several structural changes such as technological changes, emission norms and regulations, safety and security changes, and connectivity among others. In addition, the introduction of internet and Wi-Fi connectivity has resulted in the rapid growth in the global automotive display system market.Development of next-generation micro-display technology and rising adoption of active-matrix organic light-emitting diode (AMOLED) technologies are the key technologies providing several growth opportunities fir the key players in the automotive display market.The key players focusing on the automotive window display system market are AUDI AG, Daimler AG, Delphi Automotive Plc., Yazaki Corporation.
The report on global automotive display system market covers Segments such as Type. The Type segments include CSD, CID, DID-NR, RIC, RSE, and HUD.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 – 2023.
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Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global automotive display system market such as, Delphi Automotive, Panasonic, Pioneer, Robert Bosch, Alpine Electronics, Continental, LG Display, Garmin, Nippon Seiki, and Yazaki.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global automotive display system market. Moreover, IGR-growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.The report provides insights into the market using analytical tools such as porter’s five forces analysis and DRO analysis of automotive display system market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the automotive display system market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.This report will help manufacturers, suppliers and distributors of the automotive display system market to understand the present and future trends in this market and formulate their strategies accordingly.