Market Size of Europe Automotive Display Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.89 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Automotive Display Market Analysis
The market is poised to register a CAGR of 8.89 % over the forecast period (2020-2025).
- Trends, such as autonomous driving, connected vehicles, augmented reality, and multiple usages of sensors and cameras, have made the display systems in vehicles more enhanced and are driving the auto display manufacturers to align themselves with these trends in the automotive industry. Automotive display manufacturers continue to work intensively on various advanced technologies for vehicle display systems with a variety of new functionalities that are expected to be adopted in future vehicles.
- With growing automotive navigation and connectivity systems in vehicles, auto visualization technology is playing a vital role in them, which led to the incorporation of interactive displays in few vehicles delivered/launched by prominent automakers, like BMW and Mercedes-Benz. These types of displays are gaining significant attention from display suppliers for implementation in their developing and manufacturing processes of display systems.
- Vehicle interiors are providing a futuristic digital user experience to the drivers. The number of displays in vehicles is continuously increasing, as OEMs try to stay ahead of their competitors to make their cars more attractive with advanced instrument clusters. For instance, in March 2020, Continental AG showcased its autostereoscopic 3D technology, which displays three-dimensional scales, pointers, and objects.
