China Automotive Displays Market Overview
According to MRFR analysis, the global China
Automotive Display Market is expected to
register a CAGR of ~7.48% from 2022 to 2030 and hold a value of over
USD 16.2 Billion by 2030.
An automotive display that can access
navigation is called an automobile display. With the help of driver safety
features, it guides you through the roots without causing you to become
distracted. It also includes extra engine heat indications and tire pressure
indicators. Aside from security issues, the organization also offers solutions
for connection, entertainment, and battery innovation issues with services like
audio, robotics, and electronics connectivity.
During the lockdown, every firm, no matter how
little, medium-sized, or large, is experiencing losses. The main reason is that
there are people available for manufacturing and production, but no clients are
available since everything is shut down. However, it is anticipated that
conditions will improve by 2022 when the vaccine procedure gets underway.
Key Players
Some of the key market players are LG Display Co.
Ltd, Panasonic Corporation, Delphi Technologies, Robert Bosch, Visteon
Corporation, Continental, 3M Company, Nippon Seiki Co. Ltd, Magneti Marelli,
and Qualcomm Technologies Inc.
Regional Analysis
Europe is anticipated to control the majority of
market revenue. Due to the vast number of automakers, including Audi, BMW,
Porsche, and Lamborghini, Europe is expected to see the highest market growth
throughout the anticipated period. The market value is most likely to increase
steadily as a result of all these branded vehicles. It is anticipated that
nations like Germany, France, and the UK would exert some dominance in the
European markets for vehicle display systems.
China Automotive Display Market
Technological Advancement:
The China Automotive Display Market has seen
significant technological advancements in recent years. Some of the key
technological advancements include:
1.
OLED displays: Organic
Light-Emitting Diodes (OLEDs) are increasingly being used in automotive
displays due to their high contrast ratio, fast response time, and thin and
flexible design. OLEDs offer a brighter and clearer display than traditional
Liquid Crystal Displays (LCDs) and are being used in high-end vehicles.
2.
Head-Up Displays
(HUDs): HUDs are becoming more prevalent in vehicles and offer drivers a clear
display of information without having to take their eyes off the road. Modern
HUDs can display information such as speed, navigation, and warning messages in
full-color, high-resolution graphics.
3.
Touchscreen displays:
Touchscreen displays are becoming increasingly popular in vehicles as they
offer a user-friendly interface for controlling various vehicle systems. Large
touchscreen displays are being integrated into center consoles, while smaller
touchscreens are being integrated into steering wheels and other areas of the
vehicle.
4.
Augmented Reality (AR)
displays: AR displays are being developed for use in vehicles and can provide
drivers with real-time information and visual cues superimposed onto the real
world. AR displays have the potential to revolutionize the way drivers interact
with their vehicles and the world around them.
5.
Flexible displays:
Flexible displays are a relatively new technology that has the potential to
change the way automotive displays are designed and manufactured. Flexible
displays can be bent and shaped into different forms, offering new design
possibilities for automotive displays.
Overall, these technological advancements are
improving the quality and functionality of automotive displays and will
continue to drive innovation in this market in the coming years.
Market
Segmentation
The Global China Automotive Display Market has
been segmented into Type, Display Size, and Application
Based on the Type, the market has been segmented
into TFT LCD, PMOLED, and AMOLED.
Based on the Display Size, the market has been
segmented into 3”-5”, 6”-10”, and>10.
Based on the Application, the market has been
segmented into Telematics, Navigation, and Infotainment.
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