Automotive Multifunction Display Market

Global Automotive Multifunction Display Market Research Report: Forecast (2023-2028)

By Display Size (Less than 5’, 5’-10’, Greater than 10’), By Display Type (LCD, TFT-LCD, OLED, LED), By Type (Conventional Display, Touchscreen), By Application (Digital Instrument Cluster, Centre Sta... ... strument Cluster, Centre Stack, Head-up Display, Rear Seat Entertainment), By Demand Type (Original Equipment Manufacturer [OEM], Replacement), By Vehicle Type (Passenger Car, Commercial Vehicle), By Region (North America, South America, Europe, Middle East & Africa, Asia Pacific), By Company (Innolux Corp., Continental AG, Denso, Garmin Ltd., Nippon Seiki Ltd., Aptiv Inc., Pioneer Corporation, Aspen Avionics, Samtel Group, Visteon Corporation, Japan Display Inc., Futaba, LG Display, Socionext Inc., Yazaki) Read more

Automotive
Mar 2023
Pages 187
Report Format: PDF, Excel, PPT

Market Definition

An automotive multifunction display is a device fitted in vehicles to provide an easy display feature to the driver while riding. These devices are made from liquid crystal displays (LCD) & cathode ray tubes (CRT).

Market Insights & Analysis: Global Automotive Multifunction Display Market (2023-28)

The Global Automotive Multifunction Display market is projected to grow at a CAGR of around 5.57% during the forecast period, i.e., 2023-28. The major factor attributing to its growth is the rising adoption of smart vehicles embedded with the latest technology, such as artificial intelligence (AI), the internet of things (IoT), etc.

These advancements have led to automation & advanced monitoring within the automotive domain, which, in turn, requires the installation of a display board for center stack or driver information. Along with it, the emergence of a safety issue for drivers & passengers has also aided in increasing the demand for a multifunction display to provide on-road information to the driver while parking the car in limited space, helping in monitoring the health status of the driver, and taking timely action to prevent any road accident.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	5.57%
Regions Covered	North America: US, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
	South America: Brazil, Rest of South America
	Middle East & Africa: The UAE, Saudi Arabia, Turkey, South Africa, Rest of Middle East & Africa
Key Companies Profiled	Innolux Corp., Continental AG, Denso, Garmin Ltd., Nippon Seiki Ltd., Aptiv Inc., Pioneer Corporation, Aspen Avionics, Samtel Group, Visteon Corporation, Japan Display Inc., Futaba, LG Display, Socionext Inc., Yazaki
Unit Denominations	USD Million/Billion

Further, the growing concerns over energy efficiency products have also led to the transition of the automotive industry towards the new categories of multifunction displays, which are energy efficient & equipped with all the latest technology for enhanced performance. These reasons have emerged as a key factor resulting in the adoption of multifunction displays, thereby creating a positive market outlook for growth in the coming years.

Market Dynamics

Key Driver: Convenient Driving is a Major Factor Pushing Multifunction Display Adoption

The use of a multifunction display within the automotive sector has resulted in convenient riding for drivers. It enables the driver to get all the information displayed easily through the fingertips, thereby enabling navigation, entertainment, and safety control for the driver. Along with it, the rising concern over road safety & safe driving has also boosted the adoption of multifunction displays, as it allows drivers real-time information & helps prevent accidents. For instance:

In 2022, BeyonCa, a China-based electric vehicle startup, unveiled to launch of its smart premium EV car. The car is equipped with smart features, including the installation of a multifunction display to help the driver park the car. The system can also monitor & display the driver’s real-time health status & can automatically stop the vehicle to prevent accidents.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Automotive Multifunction Display Market Porters Five Forces Outlook
Global Automotive Multifunction Display Market Technological Advancement
Global Automotive Multifunction Display Market Trends & Insights
Global Automotive Multifunction Display Market Dynamics
1. Drivers
2. Challenges
Global Automotive Multifunction Display Market Growth Opportunities & Hotspots
Global Automotive Multifunction Display Market Outlook, 2018-2028F
1. Market Size & Outlook
  1. By Revenue (USD Million)
2. Market Share & Outlook
  1. By Display Size
    1. Less than 5’
    2. 5’-10’
    3. Greater than 10’
  2. By Display Type
    1. LCD
    2. TFT-LCD
    3. OLED
    4. LED
  3. By Type
    1. Conventional Display
    2. Touchscreen
  4. By Application
    1. Digital Instrument Cluster
    2. Centre Stack
    3. Head-up Display
    4. Rear Seat Entertainment
  5. By Demand Type
    1. Original Equipment Manufacturer (OEM)
    2. Replacement
  6. By Vehicle Type
    1. Passenger Car
    2. Commercial Vehicle
      1. Light Commercial Vehicle
      2. Medium & Heavy Commercial Vehicle
  7. By Region
    1. North America
    2. South America
    3. Europe
    4. Middle East & Africa
    5. Asia Pacific
  8. By Competition
    1. Competition Characteristics
    2. Leading Competitors and their Market Share
North America Automotive Multifunctional Display Market Outlook, 2018-2028
1. Market Size & Outlook
  1. By Revenue (USD Million)
2. Market Share & Outlook
  1. By Display Size
  2. By Display Type
  3. By Type
  4. By Application
  5. By Demand Type
  6. By Vehicle Type
  7. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
4. Canada Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
5. Mexico Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
South America Automotive Multifunctional Display Market Outlook, 2018-2028
1. Market Size & Outlook
  1. By Revenue (USD Million)
2. Market Share & Outlook
  1. By Display Size
  2. By Display Type
  3. By Type
  4. By Application
  5. By Demand Type
  6. By Vehicle Type
  7. By Country
    1. Brazil
    2. Rest of South America
3. Brazil Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
Europe Automotive Multifunctional Display Market Outlook, 2018-2028
1. Market Size & Outlook
  1. By Revenue (USD Million)
2. Market Share & Outlook
  1. By Display Size
  2. By Display Type
  3. By Type
  4. By Application
  5. By Demand Type
  6. By Vehicle Type
  7. By Country
    1. Germany
    2. The UK
    3. France
    4. Spain
    5. Italy
    6. Rest of Europe
3. Germany Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
4. The UK Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
5. France Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
6. Spain Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
7. Italy Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
Middle East & Africa Automotive Multifunctional Display Market Outlook, 2018-2028
1. Market Size & Outlook
  1. By Revenue (USD Million)
2. Market Share & Outlook
  1. By Display Size
  2. By Display Type
  3. By Type
  4. By Application
  5. By Demand Type
  6. By Vehicle Type
  7. By Country
    1. The UAE
    2. Saudi Arabia
    3. Turkey
    4. South Africa
    5. Rest of Middle East & Africa
3. The UAE Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
4. Saudi Arabia Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
5. Turkey Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
6. South Africa Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
Asia Pacific Automotive Multifunctional Display Market Outlook, 2018-2028
1. Market Size & Outlook
  1. By Revenue (USD Million)
2. Market Share & Outlook
  1. By Display Size
  2. By Display Type
  3. By Type
  4. By Application
  5. By Demand Type
  6. By Vehicle Type
  7. By Country
    1. China
    2. Japan
    3. South Korea
    4. India
    5. Australia
    6. Rest of Asia Pacific
3. China Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
4. Japan Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
5. South Korea Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
6. India Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
7. Australia Automotive Multifunctional Display Market Outlook, 2018-2028
  1. Market Size & Outlook
    1. By Revenue (USD Million)
  2. Market Share & Outlook
    1. By Display Type
    2. By Demand Type
    3. By Vehicle Type
Global Automotive Multifunctional Display Market Key Strategic Imperatives for Success & Growth
Competitive Benchmarking
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc)
  1. Innolux Corp.
  2. Continental AG
  3. Denso
  4. Garmin Ltd.
  5. Nippon Seiki Ltd.
  6. Aptiv Inc.
  7. Pioneer Corporation
  8. Aspen Avionics
  9. Samtel Group
  10. Visteon Corporation
  11. Japan Display Inc.
  12. Futaba
  13. LG Display
  14. Socionext Inc.
  15. Yazaki
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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