Automotive Display System Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global automotive display system market to grow at a CAGR of 18.76 % during the period 2017-2021 .
The following companies as the key players in the global automotive display system market : Alpine Electronics , Continental , Delphi Automotive , DENSO , Fujitsu , Garmin , KYOCERA Display , LG Display , Nippon Seiki , Panasonic , Pioneer , Robert Bosch , Valeo , Visteon , and Yazaki .
Other Prominent Vendors in the market are : Garmin , Magneti Marelli , Texas Instruments , and TI Automotive .
Commenting on the report , an analyst from Technavio ’ s team said : “ The latest trend gaining momentum in the market is trends in HUDs and instrument cluster space . Introduction of next-generation microdisplay technologies to enable advent of advanced HUDs . The introduction of various microdisplay technologies such as digital light processing ( DLP ), LCD , liquid crystal on silicon ( LCoS ), and OLED have enabled HUD manufacturers to develop efficient HUDs with a large field of view .”
Download Sample Report @ https :// marketreportscenter . com / request-sample / 500955
According to the report , one of the major drivers for this market is falling prices of LCD / TFT displays to increase sales of display systems . We believe that the falling prices of LCD / TFT and OLED displays are an added advantage for the automotive display system market . This is because the OEMs may find it less pressurizing from the cost point for the introduction of the same in the mass-market at least toward the end of the forecast period in developed regions such as the Americas and Europe .
Further , the report states that one of the major factors hindering the growth of this market is possibility of a system failure due to software malfunction to complicate use of instrument cluster type automotive displays . As the automotive reconfigurable instrument cluster exhibits the ability to be integrated with invehicle systems such as ADAS and navigation systems , a potential malfunction in one of the software related to the interface may lead to a system crash . The effects of these may result in the entire digital component failing to perform its functionalities . Furthermore , the software must be continuously upgraded as per the newer ADAS functionality or connectivity features added . These again pose integration challenges .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .