Automotive Smart Display Market Is Expected To Reach USD 9.78 Billion By 2023

Posted on 2017-07-25 by WiseGuy Research in Automotive // 0 Comments

PUNE, India, 2017-Jul-25 — /EPR Network/ — Market Highlights: The automotive smart display market has been projected to witness growth as the preference of enhanced driving & passenger experience and convenience features pushes the market towards growth. Rapid technological advancements and increasing consumer demand for automotive display features, are expected to fuel the demand for automotive smart displays market. Automotive smart display market is growing in Asia-Pacific region with China and India expected to be the most promising markets. Japan is known to be a technologically advanced market with a growing consumer demand for advanced automotive electronics in the cockpit and passenger entertainment. However, the high cost of developing display systems and related technologies, acts as a major growth restraint in the market.

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Key Players of Automotive Smart Display Market:

Robert Bosch GmbH (Germany)
Panasonic Corporation (Japan)
Continental AG (Germany)
Visteon Corporation (U.S.)
Denso Corporation (Japan)
LG Display (South Korea)
Alpine Electronics Inc. (Japan)
Valeo SA (France)
Delphi Automotive PLC (U.K.)
Magna International Inc. (Canada)

Market Research Future Analysis:

Market Research Future analysis show that the global market of automotive smart display market is estimated to be at USD 9.78 Billion by the end of year 2023. Currently, Asia-Pacific is dominating the market with increasing vehicle production in countries such as India and China and focus on increasing the production capacity. Lower manufacturing costs combined with less stringent government regulations has led major technology giants to establish manufacturing bases in the region, thus driving the regional industry growth.

North America is expected to be a flourishing regional market and is expected to grow over the forecast period. High disposable income and improved lifestyle of the people, is expected to generate a steady demand for such advanced display market.

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