Automotive Smart Displays to Be the Future of In-Car Technology Says Market.us

Smart display markets for automotive applications offer advanced functions that combine multimedia and navigation, driver aid features, driver information displays, connected car services, and connected car services to improve vehicle-to-driver communication.

An automotive smart display is expected to increase in the automotive industry due to the increasing demand for advanced functions such as navigation, multimedia systems, and driver assistance. The market is expected to grow due to the increasing demand for safer, more comfortable, and more convenient automobiles, particularly in mature and developing economies.

Over the forecast period, the market will see growth opportunities from the rising demand for semi-autonomous and autonomous vehicle technology as well as the rise of high-end and luxurious car segments, particularly in emerging markets.

According to market.us, “The global automotive smart display market was valued at USD 11.37 Billion in 2020. It is expected to grow at a compound annual rate (CAGR of 6.2%) between 2021 and 2032.”

Automotive Smart displays are rapidly growing in automotive applications. Market trends, advancements in cockpit electronics, and buyer preferences all play a role in this market. Automotive Smart displays are essential in making crucial driver assistance functions accessible on a single touchscreen platform.

For safety, comfort, luxury, and security, passenger cars are increasingly using technologies such as advanced infotainment, gesture control, head-up displays, and telematics. Many countries around the world are now implementing safety and security regulations for their vehicles. This has led to a rise in demand for electronic devices across the globe, including automotive smart displays.

Electronic components and in-vehicle infotainment systems play an important role, especially for commuters, mobile workers, and excursionists. Innovations and trends in cockpit electronics technology help improve the passenger and driver experience in cars.

Industry growth is possible through an increase in the number and quality of cockpit electronics displays. Market growth will also be boosted by the integration of voice recognition and AI-enhanced agents, as well as natural language processing, to enhance the autonomous vehicle experience. Tier-1 suppliers and OEMs are pursuing driver monitoring systems.

In the automotive industry, there is increasing demand for connected infotainment and automotive smart displays. It is expected that 75% of passenger cars on the road will be connected to the internet via 3G/4G connectivity by 2020. There is increasing acceptance and usage of Apple’s CarPlay and Google’s Android Auto.

According to Gaurav Yadav, senior research analyst at market.us said, “As technology improves, this trend will continue. Displays that are 3D, multilayered, auto-stereoscopic, and prismatic (DLB) will gain popularity over the forecast period. This should create opportunities for market growth. The Honda E urban Electric Vehicle (EV), for instance, has a 32-inch wide console display that includes three separate displays beneath a seamless top layer.”

In 2020, 53.4% of the market was dominated by TFT-LCD displays. Because they are durable and meet temperature standards, LCD and TFT LCDs are common in display applications. Manufacturers use TFT-LCDs and LCDs depending on the temperature range and function of the vehicle. An LCD panel is used in the basic instrument cluster, rear-seat entertainment touchscreen display, and center stack touchscreen display. TFT-LCD is used for advanced applications due to its superior visual quality.

OLED display cars for passenger cars are currently being displayed at numerous automotive exhibitions. However, OLEDs in consumer models have a lower penetration rate than LCDs. OLED automotive smart display systems will be more popular than other technologies in the future. OLED displays will be featured in most of the new vehicles. Cadillac, for example, announced the SUV 2021 Escalade with an OLED display that curves.

Market growth is aided by the automobile industry’s development of new technologies. They also facilitate information display to make it easy and convenient for customers. The vehicles are less dependent on human intervention and incorporate more robotic innovations.

An autonomous vehicle is a vehicle that can drive itself, without the assistance of a driver. It does this by controlling the speed and keeping it in a straight line. High-tech features that combine luxury and technology have helped increase the market share.