Automotive Display Units Market is expected to grow at a CAGR of nearly 8.0% over 2019-2029

Automotive Display Units Market Study: Improved “Vehicle Safety” Quotient Drives TFT-LCD-AMOLED Trend

Valley Cottage, United States - November 19, 2019 /MarketersMedia/ —

Future Market Insights (FMI) recently published a new report, titled, 'Automotive Display Units Market: Global Industry Analysis 2014–2018 and Opportunity Assessment 2019–2029.” The value of the global automotive display units market was approximately US$ 12 Mn in 2018. The automotive display units market is predicted to grow at a prominent CAGR of around 8.0% during the forecast period. Full digital and navigation display systems will play a vital role in generating market revenue in the automotive display units market, according to FMI’s analysis.

Head-Up Display Mark an Emerging Trend

In the current market scenario, technological advancements in automotive display units are estimated to become more important due to increasing penetration of navigation display systems, software, and various display technologies in automobiles. Moreover, automakers are focusing on head-up display and navigation systems in their vehicles in order to increase safety features.

For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-9539

Automotive display manufacturers have developed technologies such as TFT LCDs and AMOLEDs, which can be used in low ambient light conditions and enhance the vehicle safety. These technologies offer various advantages such as vehicle safety, high resolution, larger display size, high heat-resistance, and lighter than a liquid crystal display (LCD) feature.

Furthermore, stringent safety rules and regulations in countries such as Germany, the U.S., France, and Italy are compelling automotive manufacturers to raise the safety standards in their vehicles. To improve vehicle safety, automakers are trying to implement digital rear view mirrors and a pillar mirror to reduce the blind spots for vehicles, which is expected to support the demand for TFT, LCD, and AMOLED displays in the automotive display units market.

The growing sales of premium LCVs and HCVs in developed and developing economies are estimated to boost the growth of the automotive display units market. China is expected to be a prominent market in the global automotive display units market over the forecast period in term of volume, owing to the increasing demand for passenger cars from the middle-class population.

For any queries linked with the report, ask an analyst@ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-9539

Moreover, government initiatives to promote the manufacturing sector in developing countries such as India are expected to further create opportunities in the automotive display units market. These factors are expected to directly impact the growth of the automotive display units market during the assessment period.

China and India to Create Significant Growth Opportunities

This global automotive display units market report observes that, East Asia is estimated to hold a prominent share in the global automotive display units market during the assessment period. Due to increasing vehicle production and rising vehicle safety standards, the demand for automotive display units is increasing across the globe.

China is estimated to hold a significant share in the East Asia Automotive Display Units market, and drive the growth of the region, while growing at a CAGR of nearly 10% in terms of value, between 2019 and 2029. This automotive display units market report studies the concerned markets across various regions, including North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa.

For information on the research approach used in the report, request methodology@ https://www.futuremarketinsights.com/askus/rep-gb-9539

Global Automotive Display Units Market: Competitive Landscape

Some of the key players involved in the manufacturing of automotive display units, and included in this study are Robert Bosch GmbH, LG Displays, Panasonic Corporation, Denso Corporation, Magna International Inc., Valeo Sa, Delphi Automotive Plc, Continental Ag, Kyocera Corporation, Japan Display Inc., Au Optronics, and Pioneer Corporation, amongst others.

More Related reports from Automotive & Transportation Market Insights:

Automotive Telematics Market

Automotive Lead Acid Battery Market

Automotive Door Latch Market

Contact Info:
Name: Abhishek
Email: Send Email
Organization: Future Market Insights
Address: 616 Corporate Way, Suite 2-9018
Phone: 3479183531
Website: https://www.futuremarketinsights.com/reports/automotive-display-units-market

Source URL: https://marketersmedia.com/automotive-display-units-market-is-expected-to-grow-at-a-cagr-of-nearly-80-over-2019-2029/88934933

Source: MarketersMedia

Release ID: 88934933

More News From tech.aseancoverage.com

China says US has 'weaponized' visas to target exchanges

Dec 6, 2019

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

China criticizes Apple for app that tracks Hong Kong police

Dec 6, 2019

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

Japan spacecraft releases rover to asteroid in last mission

Dec 6, 2019

TOKYO — Japan’s Hayabusa2 spacecraft released a small rover on Thursday that will land on the surface of an asteroid as part its final mission before heading back to Earth, Japan’s space agency said. The Minerva-II2 rover began a slow descent to the asteroid Ryugu, the Japan Aerospace Exploration Agency, or JAXA, said. Hayabusa2 arrived in the area in June 2018. It has collected soil samples and other data from the asteroid 300 million kilometers (180 million miles) from Earth in a series of missions aimed at obtaining clues to the origin of the solar system. The spacecraft released the...

NASA chief says security needed to explore space safely

Dec 6, 2019

TOKYO — The head of NASA says space security is necessary so that the United States, Japan and others can safely explore the moon and Mars. NASA Administrator Jim Bridenstine said Wednesday that gadgets using space technology have become indispensable parts of people's lives and their safety must be preserved. Japan and the U.S. have long cooperated in space science, including the ongoing International Space Station program. On Tuesday, NASA and the Japan Aerospace Exploration Agency, or JAXA, confirmed Japan's participation in America's lunar and Mars exploration projects, including an Artemis lunar mission. Bridenstine is in Japan to gain Japanese...

Japan briefs diplomats on Fukushima nuclear water concerns

Dec 6, 2019

TOKYO — Japan tried to reassure foreign diplomats Wednesday about safety at the crippled Fukushima nuclear plant amid concerns about massive amounts of treated but radioactive water stored in tanks. Diplomats from 22 countries and regions attended a briefing at the Foreign Ministry, where Japanese officials stressed the importance of combating rumors about safety at the plant, which was decimated by a 2011 earthquake and tsunami, while pledging transparency. The plant's operator, Tokyo Electric Power Co., or TEPCO, said last month that it would run out of storage space for the water in 2022, prompting South Korea to raise safety...

AseanCoverage is a next-gen news site focusing exclusively on online news from South East Asia.

Contact us: sales[at]aseancoverage.com