Automotive Smart Display Market Size, Share, Growth Analysis, By Type(LCD display, TFT-LCD display and OLED display), By Display size(3”-5”, 5”-10” and >10”), By Vehicle Type(Passenger vehicle and commercial vehicle), By Application(Advanced instrument clusters, centre stack) - Industry Forecast 2024-2031

Automotive Smart Display Market size was valued at USD 8.81 billion in 2019 and is poised to grow from USD 9.67 billion in 2023 to USD 20.12 billion by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031).

Automotive smart display refers to the touchscreen display system in vehicles which is designed to enhance the safety and security of the residents of the vehicles and provide them with features like driver information and safety, multimedia control, real time diagnostic and navigation, battery health & temperature, fuel capacity, tire pressure etc. Due to the increased demand for high performance and luxury vehicles and increasing awareness regarding safety features in vehicles, the global automotive smart display market is growing. Technological advancement is the key trend gaining popularity in the market. With the increased adoption of autonomous and semi autonomous vehicles, requirements for larger screen size smart displays are rising. This will have the ability to provide advanced and thorough driver assistance through a single touchscreen.

Gesture control systems, advanced infotainment systems, head-up displays, telematics, central controllers, and steering-mounted controls are all being used extensively in passenger vehicles to improve safety, comfort, luxury, and security. Several governments around the world are putting regulations in place to improve vehicle safety and security. This has increased global demand for electronic devices, including smart displays.

US Automotive Smart Display Market is poised to grow at a sustainable CAGR for the next forecast year.