Automotive Display Market Primary and Secondary Research with Focus on Industry Challenges

Market Insights

Safety and security are the significant aspects that are acting as a driver for the automotive display market to proliferate by the year 2023. Market Research Future Reports has come up with its latest reports on global automotive display market which states that the market is expected to expand from USD 11 billion in 2017 to USD 23 billion by 2023. Also, the market is expected to grow at a steady pace by 13% CAGR which is recorded by the MRFR’s analysists. Globally, the market is tremendously flouring due to various factors, and by this, many opportunities are heading in the future time frame.

In the quest for advancements in the automotive industry, the prime automotive manufacturers are implementing displays to transform vehicle interiors into a futuristic digital experience with more pixels in front of consumers than ever before. While high resolution and large displays in previous decades were only for luxury applications, now that decline in prices and increasing consumer demand and increased production volumes have enabled mass car brands market to produce more automotive displays. Thus, this scenario has encouraged the automotive display market to expand exponentially and assist the car drivers in driving safely and with security.

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The automotive display has been creating new value in the automotive display market by attaining product competitiveness with its industry-leading IPS and In-TOUCH technologies. Also, it also introduced a flame-resistant certification program to all its automotive panels to greatly brace safety and stability in automobiles. Through these efforts, the automotive display has become more prominent in the current time, than when it was optional some years before.

Most notably, the automotive display market is expanding as a variety of surfaces of vehicles are being replaced with displays. Panasonic Corporation is one of the major manufacturers of automotive display and is primarily known for providing solutions such as head-up for safety, entertainment and connectivity, and battery innovations, audio services, autonomous services, electronic components, EV HEV energy, infotainment, and vision & sensing. The company also partnered with Trend Micro to include cybersecurity solutions for connected cars, which can easily control driving behavior. These developments have enabled the provision of solutions in the automobiles which is driving the market more towards opportunities to dwell in the forecast period.

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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