Soaring demand for advanced features in vehicles works in favor of the automotive smart display system. Burgeoning population, mounting demand for autonomous vehicles, changing lifestyle, and rising popularity of -cart infotainment systems present the global market with numerous growth opportunities.
Market Segmentation
The global Smart Display Market Size segments that have been analyzed in the MRFR report are display technology, driving level, display size, vehicle type, and sales channel.
The various sales channels in the Smart Display Market Size are original equipment manufacturers (OEM) and aftermarket. The aftermarket segment is displaying better growth than its counterpart, because of the rise in aftermarket service centers, especially in developing economies like India, China, Saudi Arabia, Brazil, Argentina, and Mexico.
Regional Insight
The geographical analysis of the global Smart Display Market Size has been done for North America, Europe, Asia Pacific (APAC) and the rest of the world (RoW).
Massive demand for convenience, safety, and comfort in automobiles contributes substantially towards the growth of Smart Display Market Size in Europe. Vehicle-to-vehicle connectivity along with vehicle-to-infrastructure has come to the fore as a highly attractive industry trend in the automotive smart display in the region.
In North America, augmented demand for luxury & innovation in-vehicle connectivity paired with safety technologies boosts growth of the Smart Display Market Size. Growing progress and advancements in autonomous vehicles with sophisticated displays can work in favor of the regional market in subsequent years.
Leading Players
The players currently leading the worldwide Smart Display Market Size include Garmin Ltd. (US), Alpine Electronics Inc. (Japan), Valeo SA (France), Delphi Automotive PLC (UK), LG Display (South Korea), Yazaki Corporation (Japan), Nippon Seiki Co. Ltd (Japan), Magna International Inc. (Canada), Panasonic Corporation (Japan), Robert Bosch GmbH (Germany), Gentex Corporation (US), Denso Corporation (Japan), Continental AG (Germany), AU Optronics Corporation (Taiwan), Visteon Corporation (US), to mention a few.
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