Market Size of Automotive Center Stack Display Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Automotive Centre Stack Display Market Analysis
The automotive center stack display market is expected to exhibit a CAGR of more than 7% during the forecast period (2020 - 2025).
- There is an increasing demand for enhanced safety, comfort, and convenience features in automobiles, especially in the developed economies. Advanced infotainment systems, center stack displays, heads-up displays, telematics, gesture control systems, and central controllers are increasingly being introduced by OEMs in vehicles.
- Autonomous cars use technologies, like RADAR, LIDAR, GPS, and computer vision, in order to sense their environment. Advanced control systems that are integrated into cars can interpret the sensory inputs and present the interpretable information on advanced center smart displays to warn the driver and prevent collisions and accidents.
- Manufacturers are increasing their R&D expenditures to develop improved technologies that are expected to meet the ever-expanding connected car features. Consumer awareness in the developed economies is playing a key role in driving the popularity of smart displays for automotive applications.
- The rise in investments in haptic technology is expected to fuel the market growth for center stack displays. Preh GmbH developed a scalable actuator technology that enables haptic feedback on touch-screen devices.
Automotive Centre Stack Display Industry Segmentation
The report on the automotive center stack display market covers the latest trends and technological developments, market demand, in terms of vehicle type, sales channel type, function type, display technology type, and geography, and market shares of major automotive center stack display manufacturers across the world.
Vehicle | |
Passenger Cars | |
Commercial Vehicles |
Sales Channel Type | |
OEMs | |
Aftermarket |
Function Type | |
Navigation | |
HVAC controlling | |
Infotainment | |
Other Function Types |
Display Technology | |
LED | |
OLED |
Geography | |||||||
| |||||||
| |||||||
| |||||||
| |||||||
|
Automotive Center Stack Display Market Size Summary
The automotive center stack display market is experiencing significant growth, driven by the increasing demand for advanced safety, comfort, and convenience features in vehicles, particularly in developed economies. Original Equipment Manufacturers (OEMs) are integrating sophisticated infotainment systems, center stack displays, and other advanced technologies such as heads-up displays and gesture control systems to enhance the driving experience. The rise of autonomous vehicles, which rely on technologies like RADAR, LIDAR, and computer vision, has further propelled the need for advanced center stack displays that can interpret and present critical information to prevent accidents. Manufacturers are investing heavily in research and development to keep pace with the expanding features of connected cars, with consumer awareness in developed regions playing a crucial role in the adoption of these smart displays.
The market is also benefiting from the growing interest in haptic technology, which enhances touch-screen interfaces with tactile feedback, as seen in innovations by companies like Preh GmbH. The demand for connected devices, fueled by the Internet of Things and smart city developments, is creating a supportive environment for connected machines, including autonomous cars. However, the market faces challenges related to cybersecurity, as demonstrated by past incidents where vehicles were hacked, raising concerns about data processing and security. The Asia-Pacific region, particularly China, is a major market due to the increasing deployment of artificial intelligence by OEMs. India is emerging as a significant market with global manufacturers establishing operations there, contributing to strong demand for center stack displays. The market is fragmented, with key players like Faurecia SA, Preh GmbH, and Delphi Automotive PLC leading the industry.
Automotive Center Stack Display Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.2 Market Restraints
-
1.3 Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Vehicle
-
2.1.1 Passenger Cars
-
2.1.2 Commercial Vehicles
-
-
2.2 Sales Channel Type
-
2.2.1 OEMs
-
2.2.2 Aftermarket
-
-
2.3 Function Type
-
2.3.1 Navigation
-
2.3.2 HVAC controlling
-
2.3.3 Infotainment
-
2.3.4 Other Function Types
-
-
2.4 Display Technology
-
2.4.1 LED
-
2.4.2 OLED
-
-
2.5 Geography
-
2.5.1 North America
-
2.5.1.1 United States
-
2.5.1.2 Canada
-
2.5.1.3 Rest of North America
-
-
2.5.2 Europe
-
2.5.2.1 Germany
-
2.5.2.2 United Kingdom
-
2.5.2.3 France
-
2.5.2.4 Spain
-
2.5.2.5 Rest of Europe
-
-
2.5.3 Asia-Pacific
-
2.5.3.1 India
-
2.5.3.2 China
-
2.5.3.3 Japan
-
2.5.3.4 South Korea
-
2.5.3.5 Rest of Asia-Pacific
-
-
2.5.4 South America
-
2.5.4.1 Brazil
-
2.5.4.2 Argentina
-
2.5.4.3 Rest of South America
-
-
2.5.5 Middle-East and Africa
-
2.5.5.1 UAE
-
2.5.5.2 South Africa
-
2.5.5.3 Rest of Middle-East and Africa
-
-
-
Automotive Center Stack Display Market Size FAQs
What is the current Automotive Center Stack Display Market size?
The Automotive Center Stack Display Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)
Who are the key players in Automotive Center Stack Display Market?
Preh GmbH, Hyundai Mobis Co Ltd., Marelli Corporation, Methode Electronics Inc. and Visteon Corporation are the major companies operating in the Automotive Center Stack Display Market.