Smart Automotive Display Market to Grow at 12.77% CAGR till 2022, Expects M&M in Its New Research Study Now Available at MarketPublishers.com
01 Aug 2017 • by Natalie Aster
LONDON – Robust technological development and elevating consumer demand for advanced automotive display features are predicted to boost the global demand for smart displays in the automotive industry.
Formerly, the share of electronic systems in the total vehicle cost stood at only 1-2%. But now, owing to the expanding trend of enhanced passenger and driver experience and introduction on innovative convenience features, the share of electronic systems in the total vehicle cost increased to around 8-10%. The constantly rising preference for these advanced features is a main driver for the uptake of the digital cockpit display applications. Furthermore, the demand for advanced automotive displays is poised to increase at a rapid pace in the offing.
The world’s smart automotive display market is anticipated to gain momentum at a 12.77% CAGR between 2017 and 2022 to touch USD 9.8 billion in value terms.
The cutting-edge research publication “Smart Display Market for Automotive by Application, Display Size, Display Technology, Level of Autonomous Driving, Vehicle Type, and Region - Global Forecast to 2022” prepared by MarketsandMarkets (M&M) offers a clear understanding of the present scenario in the global market as well as describes the top trends across the major geographical markets. Moreover, this report grants access to updated reliable info on the market size, shares, growth drivers and limiters, segmentation, structure, competitive environment and regulative norms. This topical study identifies and profiles the most prominent market participants, offers valuable future projection through 2022 as well as points out the most lucrative opportunities and emerging challenges.
This new research study enables both established and new market players to better understand the market landscape, expand their markets shares and gain competitive advantage.
Visit the MarketsandMarkets catalogue to find many other research reports elaborated by this publisher.