Market Size of Automotive Center Stack Display Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 7.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Automotive Centre Stack Display Market Analysis
The automotive center stack display market is expected to exhibit a CAGR of more than 7% during the forecast period (2020 - 2025).
- There is an increasing demand for enhanced safety, comfort, and convenience features in automobiles, especially in the developed economies. Advanced infotainment systems, center stack displays, heads-up displays, telematics, gesture control systems, and central controllers are increasingly being introduced by OEMs in vehicles.
- Autonomous cars use technologies, like RADAR, LIDAR, GPS, and computer vision, in order to sense their environment. Advanced control systems that are integrated into cars can interpret the sensory inputs and present the interpretable information on advanced center smart displays to warn the driver and prevent collisions and accidents.
- Manufacturers are increasing their R&D expenditures to develop improved technologies that are expected to meet the ever-expanding connected car features. Consumer awareness in the developed economies is playing a key role in driving the popularity of smart displays for automotive applications.
- The rise in investments in haptic technology is expected to fuel the market growth for center stack displays. Preh GmbH developed a scalable actuator technology that enables haptic feedback on touch-screen devices.
