Automotive Smart Display Market to Hit $20.07 Billion by 2030: Grand View Research, Inc.

Read full market research report, "Automotive Smart Display Market Size, Share & Trends Analysis Report By Display Size (Less than 5'', 5''-10'', Greater than 10''), By Display Technology, By Application (Digital Instrument Cluster, Center Stack), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research. Read full market research report, " Automotive Smart Display Market Size, Share & Trends Analysis Report By Display Size (Less than 5'', 5''-10'', Greater than...

Read full market research report, "Automotive Smart Display Market Size, Share & Trends Analysis Report By Display Size (Less than 5'', 5''-10'', Greater than 10''), By Display Technology, By Application (Digital Instrument Cluster, Center Stack), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Automotive Smart Display Market Growth & Trends

The surge in demand for vehicle navigation and connectivity systems in the automotive sector led to a growth in the usage of automotive visualization technology. Visualization technology has played a significant role in advancement of the cockpit technology, which has led to the incorporation of interactive and smart displays in several vehicles launched by prominent automakers such as Jaguar Land Rover, Mercedes-Benz, Volkswagen, Audi, and BMW. Moreover, the technology is also gaining prominence among automotive display suppliers with an uptick in demand for automotive in-vehicle infotainment solutions as well as display solutions to increase the growth of the market. For instance, in June 2022, AB Volvo and video game and software developer Epic Games, Inc. announced its collaboration for providing visualization technology in Volvo's fully electric vehicles. Furthermore, this is expected to provide infotainment systems with two times faster speeds, and higher quality graphics as compared to previous Volvo's previous car models which is expected to boost the growth of the market.

The adoption of autonomous cars is expected to increase the growth of the market as connected cars provide a more advanced platform for smart displays to function, as they enable real-time connectivity to the internet and other devices. Moreover, the increasing use of advanced driver-assistance systems (ADAS) in connected cars is also driving the demand for more automotive smart displays. ADAS features such as lane departure warnings, blind-spot monitoring, and collision avoidance systems require high-quality displays to provide drivers with clear and concise information. Numerous key players are taking initiatives on automated driving for increasing the adoption of automotive smart displays. For instance, in January 2023, automotive parts manufacturing company Continental AG announced its partnership with edge artificial intelligence (AI) semiconductor company Ambarella, Inc., for developing advanced driver assistance systems and automated driving. The two companies are expected to manufacture end-to-end based artificial intelligence (AI) hardware and software solutions, for assisted and automated driving for increasing autonomous mobility in the automotive market.

Automotive Smart Display Market Segmentation

Grand View Research has segmented the global automotive smart display market based on display size, display technology, application, and region

Automotive Smart Display Market - Size Outlook (Revenue, USD Billion, 2018 - 2030)

Automotive Smart Display Market - Technology Outlook (Revenue, USD Billion, 2018 - 2030)

Automotive Smart Display Market - Application Outlook (Revenue, USD Billion, 2018 - 2030)

Automotive Smart Display Market - Regional Outlook (Revenue, USD Billion, 2018 - 2030)

List of Key players in Automotive Smart Display Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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