Global Automotive Centre Stack Display Market by Type (LED, OLED), By Application (Passenger Cars, Commercial Vehicles) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global automotive centre stack display market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising adoption of advanced technologies such as LED and OLED displays in these vehicles. The LED segment is expected to hold a major share of the global automotive centre stack display market during the forecast period, owing to its advantages such as low power consumption, high brightness, and longer life span as compared to other types of displays. The OLED segment is projected to grow at a higher CAGR than the LED segment during the forecast period, due to its advantages such as ultra-thin form factor, high contrast ratio, wide viewing angle, and fast response time. Passenger cars are expected to account for a larger share of the global automotive centre stack display market than commercial vehicles during the forecast period. This can be attributed mainlytothe increasing demand for luxury carsand SUVs worldwide.



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Product Definition:

The automotive centre stack display is a component in the car that displays important information to the driver. This can include things like speed, RPMs, fuel levels, and more. The centre stack display is often a touchscreen so that drivers can interact with it easily. It's an important part of the car because it provides drivers with essential information while they're driving.

LED:

The global LED center stack display market size was valued at USD 1.8 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for vehicles with advanced technologies, rising disposable income levels, and changing consumer preferences are some of the key factors driving industry growth globally.

OLED:

The Centre Stack Display (SSD) is an essential part of any automobile. It is a transparent display that lives on the dashboard in front of the driver. The major function of this display is to allow the driver to control all vehicle operations without taking his/her hands off the steering wheel. Apart from driving controls, it also displays various useful information such as fuel level status, warning signals and indicator lights for maintaining optimum health of vehicle’s engine etc.

Application Insights:

The passenger cars segment dominated the market in 2017 and is expected to maintain its lead over the forecast period. The increasing production of passenger cars in emerging economies such as China, India and Brazil is expected to have a positive impact on the industry growth. In addition, an increase in demand for premium vehicles with advanced features such as navigation systems and infotainment systems is anticipated to propel industry growth over the forecast period.

The commercial vehicles segment was valued at USD 1,252.1 million in 2017 owing to rising demand for trucks with enhanced safety features including backup camera display units and lane departure warning system display units mounted on them.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing region, owing to the increasing sales of passenger cars and light commercial vehicles in China. The country accounted for over 50% of global vehicle production in 2017. Furthermore, growing adoption of advanced driver assistant systems (ADAS) such as adaptive cruise control and lane departure warning system will drive demand for automotive center stack displays across all regions over the forecast period. Europe is also estimated to witness significant growth due to stringent government regulations regarding fuel economy along with implementation of new energy vehicle programs by countries such as France, Spain and Italy. Moreover, rising demand for high performance vehicles equipped with enhanced safety features will propel market growth across this region during the forecast period. North America accounted for more than 20% share in 2017 owing to strong presence of major players such as Continental AG; ZF Friedrichshafen AG; Autoliv Inc.; Spinfit GmbH & Co.

Growth Factors:

Increasing demand for advanced infotainment systems in passenger cars
Rising demand for center stack displays with gesture recognition and voice control features
Increasing adoption of center stack displays by luxury carmakers
Proliferation of digital content and services that can be accessed through center stack displays
Growing popularity of connected cars and the Internet of Things (IoT)


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Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Centre Stack Display Market Research Report
By Type
LED, OLED
By Application
Passenger Cars, Commercial Vehicles
By Companies
Continental AG, Delphi Automotive, Preh GmbH, Hyundai Motor Group, Marelli Corporation, Behr-Hella Thermocontrol GmbH (BHTC), Magna International, Valeo Group, Methode Electronics, Visteon Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.

Global Automotive Centre Stack Display Market Report Segments:
The global Automotive Centre Stack Display market is segmented on the basis of:
Types
LED, OLED
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Continental AG
Delphi Automotive
Preh GmbH
Hyundai Motor Group
Marelli Corporation
Behr-Hella Thermocontrol GmbH (BHTC)
Magna International
Valeo Group
Methode Electronics
Visteon Corporation



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Highlights of The Automotive Centre Stack Display Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
LED
OLED
By Application:
Passenger Cars
Commercial Vehicles
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automotive Centre Stack Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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