Report ID: SQMIG25A2091
Automotive Smart Display Market Size, Share, Growth Analysis, By Type(LCD display, TFT-LCD display and OLED display), By Display size(3”-5”, 5”-10” and >10”), By Vehicle Type(Passenger vehicle and commercial vehicle), By Application(Advanced instrument clusters, centre stack, head-up display, rear-seat entertainment and others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2091 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
114 |
Figures:
68
Automotive Smart Display Market Regional Insights
Asia Pacific accounted for a notable share of revenue of over 50% and is expected to show high growth rate during the anticipated period. The reasons for this may be growth in the number of road accidents and the increasing awareness regarding vehicle safety features for the wellbeing of the drivers and the pedestrians. China accounted for almost 50% of the total passenger vehicle sales. It is the market leader in production and sales of passenger cars. The increasing demand for aftermarket advanced smart displays in India is also responsible for the surge in market growth in this region.
North America is expected to be the second largest market for advanced smart displays. With the increased disposable income and high purchasing power of US and Canadian customers, the demand for passenger vehicles with advanced features like vehicle connectivity, infotainment, V2I, etc. is high. People are aware about the importance of enhanced safety features and comfort which is responsible for the market growth in this region.
Automotive Smart Display Market Report Snapshots
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