Global Automotive Display Panel Market Insights, Forecast to 2028

Automotive Display Panel Market 

Automotive display panel are the primary conduits to present vehicle information to drivers and passengers.

Due to the COVID-19 pandemic, the global Automotive Display Panel market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.

Automotive Display Panel Market Trends

OLED (organic light-emitting diode), AMOLED (active matrix OLED), and TFT-LCD (thin-film transistor liquid crystal display) are examples of advanced display technologies that have improved visual quality, increased resolution, and increased brightness. As a result of these technical advancements, in-car displays are becoming complex multimedia and information hubs, which is helping the market expand. Today's consumers demand the same level of connection and infotainment options from their cars as they do from their smartphones and other smart gadgets. The seamless integration of navigation, entertainment, communication, and vehicle control systems is becoming more dependent on automotive display panels. The adoption of advanced display technologies is being driven by the demand for simple and user-friendly interfaces.

Digital instrument clusters, which offer customized and interactive information displays, are replacing conventional analog instrument clusters. These digital clusters improve driver visibility, make it simple to customize the information displayed, and enable real-time updates, all of which add to their aesthetically pleasing and practical qualities.

 Important safety information is communicated through automotive display panels, such as collision warnings, lane departure alerts, and adaptive cruise control status. In order to communicate with drivers, advanced driver assistance systems (ADAS) and autonomous driving technologies rely on clear and informative displays, improving overall safety and lowering the likelihood of accidents.

The demand for cutting-edge display panels is being fueled by the rise of electrified and driverless automobiles. Digital displays are frequently needed in electric vehicles in order to provide data on battery status, charging locations, and energy usage. During self-driving trips, autonomous vehicles heavily rely on informative displays to keep passengers interested and informed. To enhance driver safety, regulatory organizations are increasingly requiring the use of specific display technology. For better visibility and accident avoidance, legislation pertaining to backup cameras and rear view displays have encouraged usage of high-resolution screens.

Automotive Display Panel Market Share

The Automotive Display Panel Market is significantly influenced by the Asia-Pacific region, particularly by South Korea, China, and Japan. Some of the biggest automotive and technology manufacturers in the world are based in this region. The expanding middle-class population's need for cutting-edge connection and entertainment capabilities, along with the uptake of electric vehicles, is boosting the market for premium display panels. The area serves as a major hub for the production of car display panels thanks to its strong manufacturing capabilities.

By Type

• TFT LCD
• PMLCD
• Other

By Application

• Center Stack Display
• Instrument Cluster
• Other

By Company

• Japan Display
• AUO
• Sharp
• LG Display
• Innolux Corp.
• Tianma
• CPT

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E