The market demand for automotive displays

As the number of cars continues to increase, the market demand for automotive displays continues to grow rapidly.

According to the latest report from market research firm IHS Markit, demand for automotive display systems is expected to grow rapidly this year as more and more technologies are introduced into vehicles to create product differentiation. The agency predicts that vehicle display panels will be shipped. The volume will grow 11% this year to reach 16.4 million units; last year's vehicle panel shipment growth rate was 9%.

Another IHS Markit report predicts that the three main display systems of the car – the dashboard, the center console and the heads-up display – will grow 9% this year, totaling 117 billion units; the report also predicts three The total market revenue of display-like systems will grow 17% this year to reach $135 billion.

According to Brian Rhodes saying,“In the process of pursuing differentiation, automakers use monitors to transform interiors into a futuristic digital user experience and present unprecedented higher quality images to consumers;” IHS Markit Automotive User Experience Analysis Brian Rhodes said that high-resolution, large-size displays have only been used in luxury cars for the past few years, and are now being used in Volkswagen models as prices fall and consumer demand increases.

According to IHS Markit's forecast, the main force driving the growth of automotive display systems comes from the supply chain. Asian display panel manufacturers have recently invested heavily in automotive display panel manufacturing to cope with the continued growth of sales; at the same time, other application areas The display market is growing at a slower pace, such as smartphones and tablets.

“As vehicles adopt more technology and more new display usage scenarios become available, new display applications have emerged;” Hiroshi Hayase, senior director of small and medium-sized displays at IHS Markit, said: “In addition to the strong market in the main display market Growing up, we also expect strong growth in applications such as display mirrors, rear-seat entertainment systems and even aftermarket systems, as buyers are clamoring for more digital interfaces."

IHS Markit estimates that the rear-view lens display will grow 52% to 1.6 million units in 2018; while the car factory is already keenly aware of the growing demand in this area, the rear-view mirror manufacturers in the automotive aftermarket are trending. The response is faster and currently accounts for the majority of the global production of related products.

This article is from Allicdata Electronics Limited.