Lucintel's latest market report analyzed that automotive display system provides attractive opportunities in the large car, SUVs & crossovers, mid-size car, and light commercial vehicles market. The automotive display system market is expected to reach $28.9 billion by 2027 with a CAGR of 6.3%. In this market, center stack display is the largest segment by product type, whereas large car is largest by vehicle type. Introduction of augmented head-up displays and fully digital instrument cluster in the vehicles provides strategic growth path in this market.
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Based on product type, the automotive display system market is segmented into center stack display, camera information display, driver information display, reconfigurable Instrument Cluster, rear seat entertainment, and head-up display. The center stack display segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to high demand in navigation and infotainment systems.
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The Automotive Display System Market is marked by the presence of several big and small players. Some of the prominent players offering automotive display system include Continental AG, Visteon, Panasonic, Denso, Nippon Seiki, Robert Bosch, Magneti Marelli, Yazaki, Delphi, and Alpine Electronics.
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