Global Automotive Display System Market to grow at a CAGR of 18.76% during the period 2017 - 2021; Finds New Report

Report forecast the global automotive display system market to grow at a CAGR of 18.76% during the period 2017-2021.

Advances in technology and the increased use of smart devices in the automotive segment have increased the adoption of automotive human-machine interface (HMI) solutions. An input component is a device through which a user provides information and the device that provides information or performs a required activity is called an output component. Display systems form the basis of automotive HMI as the output of an HMI is usually displayed on a screen, which is a display unit. There are many types of automotive display units, and we have classified automotive displays into six major categories.

The report covers the present scenario and the growth prospects of the global automotive display system market for 2017-2021. To calculate the market size, the report considers a top-down basis. There has been liberal use of certain bottom-up techniques in some of the sub-segment calculations. These have been documented wherever applicable in the respective sections.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

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 in-vehicle 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.

Global Automotive Display System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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.

Market driver

• Falling prices of LCD/TFT displays to increase sales of display systems
• For a full, detailed list, view our report

Market challenge

• Possibility of a system failure due to software malfunction to complicate use of instrument cluster type automotive displays
• For a full, detailed list, view our report

Market trend

• Trends in HUDs and instrument cluster space
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 130 pages and 46 Exhibits “Global Automotive Display System Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type of display system, Market segmentation by geography, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/3jH

Find all Automotive Reports at: http://www.marketresearchreports.com/automotive