SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Automotive Smart Display – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Edition: 9; Released: January 2022
Executive Pool: 1243
Companies: 46 – Players covered include Alpine Electronics, Inc.; AU Optronics Corporation; Continental AG; Delphi Automotive PLC; Denso Corporation; Japan Display, Inc.; LG Display Co., Ltd.; Magna International, Inc.; Nippon Seiki Co., Ltd.; Panasonic Corporation; Pioneer Corporation; Robert Bosch GmbH; Valeo SA; Visteon Corporation; Yazaki Corporation and Others.
Coverage: All major geographies and key segments
Segments: Display Size (3-5, 6-10, >10); Display Technology (LCD, TFT-LCD, Other Display Technologies); Vehicle Type (Light Duty Vehicle (LDV), Heavy Duty Vehicle (HDV))
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Automotive Smart Display Market to Reach $13.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Automotive Smart Display estimated at US$6.7 Billion, is projected to reach a revised size of US$13.4 Billion by 2026, growing at a CAGR of 12.1% over the analysis period. 3″-5″, one of the segments analyzed in the report, is projected to record a 11.8% CAGR and reach US$6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the 6″-10″ segment is readjusted to a revised 12.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.3 Billion in 2021, While China is Forecast to Reach $2.4 Billion by 2026
The Automotive Smart Display market in the U.S. is estimated at US$2.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2026 trailing a CAGR of 11.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.6% and 10.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.
>10″ Segment to Reach US$2.1 Billion by the year 2026
In the global >10″ segment, USA, Canada, Japan, China and Europe will drive the 11.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$862.7 Million will reach a projected size of US$1.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.
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