According to the recently published report of Research Dive, the global automotive center display market is set to register a revenue of $34.1 Billion by 2027, at a significant CAGR during the analysis period.
Factors Affecting the Growth
As per our analyst estimates, the growing emphasis on the safety and comfort of drivers along with increased adoption of consumer electronics in the automotive sector are some of the driving factors of the global automotive center display market, during the projected period. However, the higher cost of the automotive center display is anticipated to obstruct the global automotive center display market growth, over the projected period.
The segmentation of the global automotive center display market has been done based on the technology type, vehicle type, and region. The report provides detailed information on future opportunities, drivers, restraints, segments, and key manufacturers of the global marketplace.
The AMOLED Technology will have Lucrative Growth, During the Forecast period
Based on the technology type, the global automotive center display market is classified into TFT LCD, AMOLED, PMOLED, and others. The AMOLED technology will generate great revenue and is expected to increase at health growth rate mainly owing to features provided by AMOLED such as flexibility, wide viewing angle, high color gamut, light, and thin design, low power consumption, and fast response.
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The Large-Size cars Shall have substantial market growth throughout the Forecast Period
Depending upon the vehicle type, the global automotive center display market is segmented into large-size cars, mid-size cars, and others. The large size car vehicles are anticipated to represents a noteworthy CAGR during the analysis period. High investment from market players for the enhancement of driver experience and safety is one of the key factors boosting the growth of the segment, during the projected period
Geographical Analysis and Major Market Players
On the basis of geographical region, the global automotive center display market is categorized into North America, Europe, Asia Pacific, and LAMEA.
The Asia-Pacific automotive center display market is expected to surge at a substantial CAGR, during the analysis period. The technological innovations, increased adoption of consumer electronics in the automobile industry, and growing disposable income particularly in China, India, and Japan are some of the factors anticipated to bolster the growth of the region.
The leading market players of the global automotive center display market include Delphi Technologies, Continental AG, LG Display Co., Ltd., Panasonic Corporation, DENSO CORPORATION., Visteon Corporation., Nippon Seiki Co., Ltd., Socionext Inc., Marelli Holdings Co., Ltd., and, Robert Bosch GmbH.
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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