Automotive Display System Market Size to Grow by 205.09 mn units During 2021-2025

Technavio has been monitoring the automotive display system market and it is expected to grow by 205.09 mn units, accelerating at a CAGR of almost 10% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Automotive Display System Market: APAC to lead market growth during the forecast period

• 43% of the market growth will originate from APAC during the forecast period.
• Increasing demand for aftermarket infotainment systems will be a key trend that will influence market growth significantly.
• The Rising adoption of hd display systems will be a significant factor in driving the growth of the automotive display system market.

Automotive Display System Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Continental AG, DENSO Corp., Garmin Ltd., LG Electronics Inc., Nippon Seiki Co. Ltd., Panasonic Corp., Robert Bosch GmbH, Sony Corp., and Valeo SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Automotive Display System Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive automotive display system market growth during the next five years
• Precise estimation of the automotive display system market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive display system market industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive display system market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 10%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 205.09 mn units through 2021-2025.
    
3. What is a key factor driving this market?
   Rising adoption of HD display systems will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   43% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Aptiv Plc, Continental AG, DENSO Corp., Garmin Ltd., LG Electronics Inc., Nippon Seiki Co. Ltd., Panasonic Corp., Robert Bosch GmbH, Sony Corp., and Valeo SA
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (OEM and Aftermarket), Type (Center stack display, HUD, and Rear-seat entertainment display), and Geography (APAC, Europe, North America, South America, and MEA)