Center Stack Display Market was valued over US$3.891 billion in 2022, to experience significant growth

The center stack display market was valued at US$3.891 billion in 2022.

NOIDA, UTTAR PARDESH, INDIA, February 16, 2024 /EINPresswire.com/ — According to a new report published by Knowledge Sourcing Intelligence, forecasted between 2022 and 2029, the center stack display market was valued at US$3.891 billion in 2022 and is anticipated to propel significantly over the coming years.

The market for centre stack displays is propelled by the growing need for sophisticated display systems, the surge in connected car technologies, an increasing preference for luxury and electric vehicles, the advent of innovative display technologies, and rising demand in emerging markets.

The centre stack display market is currently undergoing a significant transformation, reshaping the automotive industry as a whole. The increasing demand for advanced display technologies in car interiors positions the centre stack display market for substantial growth in the foreseeable future. This expansion is driven by various factors. Firstly, a notable surge in research and development activities across diverse automotive technology domains has significantly enhanced the functionality of centre stack displays, creating new opportunities for their integration. Additionally, the introduction of innovative display technologies has been instrumental in propelling market evolution. The advent of high-resolution screens, touchscreen interfaces, and augmented reality displays has revolutionized the in-vehicle user experience, making centre stack displays a focal point of interest for consumers, investors, and automakers alike. This surge in innovation has broadened the appeal of centre stack displays, attracting a diverse range of stakeholders, from traditional automotive giants to technology-driven startups, all eager to leverage the transformative potential of this technology. In January 2023, HARMAN, a subsidiary of Samsung Electronics Co., Ltd. and a prominent automotive technology firm, introduced HARMAN Ready Vision. This suite comprises both hardware and software for Augmented Reality Head-Up Displays (AR HUD), aiming to elevate driver awareness and enhance safety.

Access sample report or view details: https://www.knowledge-sourcing.com/report/centre-stack-display-market

The centre stack display market, categorized by technology, encompasses two prominent display technologies: TFT LCD and OLED. TFT LCD, short for Thin Film Transistor Liquid Crystal Display, is a widely utilized technology known for its high resolution, vibrant colours, and energy efficiency. It employs a thin film transistor to control each pixel, ensuring precise and responsive image quality. On the other hand, OLED, or Organic Light-Emitting Diode, is an advanced display technology that offers exceptional contrast ratios, faster refresh rates, and superior colour reproduction. OLED displays consist of organic compounds that emit light when an electric current is applied, resulting in deeper blacks and more vibrant colours. Both TFT LCD and OLED technologies play pivotal roles in shaping the landscape of centre stack displays, providing automotive manufacturers with versatile options to meet diverse consumer preferences and requirements.

The centre stack display market, categorized by vehicle type, encompasses a range of automotive segments, including passenger cars, light commercial vehicles, and heavy commercial vehicles. In the context of passenger cars, centre stack displays play a crucial role in enhancing the overall driving experience and interior aesthetics. These displays often integrate infotainment systems, climate controls, and other essential functions, providing a user-friendly interface for passengers and drivers. Light commercial vehicles, such as vans and small trucks, also benefit from centre stack displays, contributing to improved functionality and connectivity. In heavy commercial vehicles, which include larger trucks and buses, centre stack displays are integral for managing complex vehicle systems and ensuring driver convenience. The diverse applications of centre stack display across these vehicle types highlight their significance in catering to the unique needs and preferences of various automotive segments, contributing to a more enriched and technologically advanced driving environment.

The centre stack display market, segmented by application, encompasses three key areas: navigation, HVAC (Heating, Ventilation, and Air Conditioning) control, and infotainment. In the domain of navigation, centre stack displays serve as crucial interfaces for drivers, providing real-time maps, directions, and other navigational information. HVAC control is another significant application, allowing users to manage climate settings efficiently through the display, enhancing overall comfort within the vehicle. Additionally, the integration of infotainment features within centre stack displays brings entertainment and connectivity options to the forefront, offering passengers and drivers access to music, media, and various information sources. This diverse range of applications underscores the multifunctionality of centre stack displays, playing a pivotal role in enhancing the driving experience by seamlessly integrating navigation, climate control, and entertainment features within a unified interface.

The Asia Pacific region is emerging as a key player in the centre stack display market due to several influential factors. The region’s large population has generated a substantial demand for vehicles, driving the growth of the centre stack display market, as these displays enhance the overall driving experience. The increasing preference for luxury vehicles in the Asia Pacific market, characterized by advanced centre stack displays, further contributes to market expansion. The rapid growth of the automotive industry in the region, marked by new entrants and heightened competition, places a strong emphasis on innovation, with centre stack displays becoming pivotal for differentiation. Additionally, the rising disposable income in the Asia Pacific region encourages investment in vehicles with advanced technologies, including sophisticated center stack displays. Government support for the development of advanced automotive technologies is also a significant factor propelling market growth in the region.

Major players in the centre stack display market are HARMAN International, Robert Bosch Manufacturing Solutions GmbH, MTA S.p.A, Visteon Corporation, Continental AG, Texas Instruments Incorporated, MOBIS INDIA LIMITED, PREH GMBH, Panasonic Holdings Corporation, and Alpine Electronics, Inc.

The market analytics report segments the centre stack display market on the following basis:

• By Technology

o TFT LCD

o OLED

o Others

• By Vehicle Type

o Passenger Cars

o Light Commercial Vehicles

o Heavy Commercial Vehicles

• By Application

o Navigation

o HVAC Control

o Infotainment

o Others

• By Geography

o North America

• United States

• Canada

• Mexico

o South America

• Brazil

• Argentina

• Others

o Europe

• United Kingdom

• Germany

• France

• Spain

• Others

o Middle East and Africa

• Saudi Arabia

• UAE

• Israel

• Others

o Asia Pacific

• Japan

• China

• India

• South Korea

• Indonesia

• Thailand

• Others

Companies Profiled:

• Continental AG

• Alpine Electronics, Inc.

• Panasonic Holdings Corporation

• HARMAN International

• MOBIS INDIA LIMITED

• Robert Bosch Manufacturing Solutions GmbH

• Texas Instruments Incorporated

• MTA S.p.A

• PREH GMBH

• Visteon Corporation

Explore More Reports:

• Smart Display Market: https://www.knowledge-sourcing.com/report/global-smart-display-market

• Holographic Display Market: https://www.knowledge-sourcing.com/report/holographic-display-market

• Touch Screen Display Market: https://www.knowledge-sourcing.com/report/touch-screen-display-market

Ankit Mishra
Knowledge Sourcing Intelligence LLP
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