The Automotive Multilayer Display Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Automotive Multilayer Display Market:
https://www.thebusinessresearchcompany.com/report/automotive-multilayer-display-global-market-report
According to The Business Research Company’s Automotive Multilayer Display Global Market Report 2024, The automotive multilayer display market size has grown strongly in recent years. It will grow from $7.19 billion in 2023 to $7.68 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rising consumer demand for advanced features, government regulations on in-car safety systems, increasing consumer demand, safety and connectivity requirements, automotive industry growth.
The automotive multilayer display market size is expected to see strong growth in the next few years. It will grow to $9.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to augmented reality (ar) integration, autonomous driving trends, customization and personalization, energy efficiency and lightweight design, integration of ai and machine learning, environmental sustainability. Major trends in the forecast period include advancements in display technologies, integration of augmented reality (ar), regulatory compliance and safety standards, supply chain challenges, customization and personalization, environmental sustainability..
The increasing demand for autonomous vehicles is expected to propel the growth of the automotive multilayer display market going forward. An autonomous vehicle refers to a vehicle that can function independently of human control. Autonomous cars use automotive multilayer displays to enhance sensor fusion, navigation, control, prediction, HMI, fleet management, and architecture. For instance, in December 2022, according to a report published by the Insurance Institute for Highway Safety, a US-based non-profit organization, it is expected to have 3.5 million autonomous vehicles on American roads by 2025. Additionally, 4.5 million autonomous vehicles are expected to be on the road by 2030. Therefore, the increasing demand for autonomous vehicles is driving the growth of the automotive multilayer display market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=13377&type=smp
The automotive multilayer display market covered in this report is segmented –
1) By Type: Analog Display, Digital Display
2) By Vehicle Type: Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Car
3) By Application: Fuel Indicator, Speed Indicator, Acceleration Indicator
Major companies operating in the automotive multilayer display market are developing new technologies such as curved displays to meet larger customer bases, more sales, and increase revenue. An automotive curved ultrawide display is an innovative and advanced in-car infotainment and visualization system that features a large, wide, and curved screen. For instance, in January 2023, Continental AG a Germany-based automotive company, launched Curved Ultrawide Display. This product’s unique feature is its 47.5-inch TFT display, which has a 7,680 by 660-pixel active area and is lit by more than 3,000 LEDs. Additionally, superior high-contrast picture quality is produced by the matrix backlight, which also gives users the option of dimming specific portions of the screen as needed. It gives automakers a great deal of design freedom to produce an advanced, futuristic cockpit and show content on the continuous screen surface.
The automotive multilayer display market report table of contents includes:
.
.
.
Top Major Players:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…
The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…
The ip video surveillance and vsaas global market report 2024 from The Business Research Company…
The change and configuration management global market report 2024 from The Business Research Company provides…
The generative ai in gaming global market report 2024 from The Business Research Company provides…
The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…