Center Stack Display Market Share, Size, Trends, Industry Analysis Report, By Display Size (Up to 7 inch, more than 7 inch); By Technology; By Vehicle Type; By Region; Segment Forecast, 2024- 2032
- Published Date:Jan-2024
- Pages: 118
- Format: PDF
- Report ID: PM4305
- Base Year: 2023
- Historical Data: 2019 – 2022
The global center stack displays market size and share was valued at USD 8.20 billion in 2023 and is expected to grow at a CAGR of 13.2% during the forecast period.
The evolution of autonomous driving is accelerating, and center stack displays are essential components for monitoring and controlling autonomous features. The demand for interactive displays that facilitate user interaction in self-driving vehicles continues to grow.
As electric vehicles gain traction, the demand for specialized center stack displays is rising. These displays provide crucial information related to battery status, charging infrastructure, and energy efficiency, catering to the unique needs of EV drivers.
The research study provides a comprehensive analysis of the industry, assessing the market on the basis of various segments and sub-segments. It sheds light on the competitive landscape and introduces Center Stack Display market key players from the perspective of market share, concentration ratio, etc. The study is a vital resource for understanding the growth drivers, opportunities, and challenges in the industry.
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In addition, companies operating in the market are introducing new products with enhanced capabilities to cater to the growing consumer demand.
- For instance, in January 2023, At CES 2023, Continental unveiled its new Curved Ultrawide Display. Over 3,000 LEDs light this 47.5-inch TFT screen. The matrix backlight technology not only delivers exceptional high-contrast visuals but also provides the flexibility to dim specific screen areas when not in use.
Expanding the size of displays beyond the conventional 7-inch threshold offers opportunities for a more immersive and user-friendly experience, particularly in luxury and high-end vehicles. The market offers customization options to manufacturers, allowing them to design unique brand-specific interfaces. This feature caters to diverse customer preferences and aligns with automakers' efforts to differentiate their offerings. Fierce competition within the automotive industry fuels innovation in display technology. Automakers and technology companies continually seek to compete in terms of features, performance, and cost-effectiveness.
The center stack displays market, post-COVID-19, has undergone a transformation driven by shifting consumer priorities and safety concerns. Hygiene-conscious consumers are demanding touchless controls and displays, with gesture recognition and voice commands gaining traction. Health and wellness monitoring features are integrated into displays, addressing health concerns. Connectivity and remote services have become essential, enabling remote diagnostics, maintenance, and software updates. User-centric design and a focus on digital experiences are paramount. Supply chain resilience is a consideration, and electric and autonomous vehicles continue to influence the market.
Advanced infotainment systems and seamless connectivity are projected to spur market demand.
The demand for advanced infotainment systems and seamless connectivity is on the rise. Consumers demand the ability to integrate their smartphones, access streaming services, and enjoy multimedia content while on the move. This driver is particularly influential in attracting tech-savvy buyers.
Evolving consumer expectations, influenced by their experiences with smartphones and tablets, drive the demand for advanced center stack displays. Consumers seek user-friendly interfaces that offer seamless access to in-car functions, entertainment, and connectivity.
Regulatory standards mandating safety features, such as rearview cameras and indicators for emissions control, serve as a significant driver. These requirements ensure that center stack displays play a pivotal role in providing essential information for regulatory compliance.
The market is primarily segmented based on display size, technology, vehicle type, and region.
By Display Size
By Vehicle Type
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By Display Size Analysis
The more than 7-inch segment held the largest market in 2023
The more than 7-inch segment held the largest market in 2023. These larger displays enhance the user experience by providing an immersive and user-friendly interface for in-car functions. They offer improved visibility, benefiting navigation, entertainment, and safety information. Touchscreen functionality becomes more intuitive, and advanced infotainment features like app connectivity and multimedia content are accommodated. Safety features like rearview cameras and compliance with regulatory standards are more accessible on these displays. They are integral to electric and autonomous vehicles, supporting battery status and self-driving interactions. Moreover, customization, competition, user-centric design, and associations with luxury vehicles contribute to their growing demand.
By Vehicle Type Analysis
The passenger cars segment is anticipated to experience the fastest CAGR during the forecast period.
The passenger cars segment is anticipated to experience the fastest CAGR during the forecast period. Increasing demand for center stack displays in passenger cars is driven by consumer expectations for advanced in-car technology. These displays provide enhanced user experiences with intuitive touchscreens, voice recognition, and connectivity features. They seamlessly integrate with smartphones and devices, offering access to apps and content. Additionally, center stack displays incorporate safety features, respond to regulatory compliance needs, and play a crucial role in electric vehicles by providing information on battery status and charging infrastructure. As autonomous driving becomes a reality, these displays offer interfaces for users to control self-driving features. Sustainability, customization, and in-car health monitoring contribute to their popularity in the market, aligning with evolving consumer demands and industry trends.
Asia-Pacific region accounted for the largest market in 2023
In 2023, the Asia-Pacific region accounted for the largest market. The Asia-Pacific center stack display market is thriving, driven by the robust automotive industry in the region. Consumers' increasing demand for advanced in-car infotainment and connectivity features has fueled the adoption of center stack displays. Technological advancements, including touchscreens, voice recognition, and connectivity options, cater to tech-savvy consumers. Stringent regulatory compliance, particularly in safety and emissions, has influenced the integration of these displays. With the rise of electric vehicles, center stack displays in the Asia-Pacific often feature unique functions related to EV-specific data. The competitive market encourages innovation, and these displays are pivotal in enhancing the in-car experience, navigation, and safety.
The European region is anticipated to experience the fastest growth during the projected period. Europe's center stack display industry is characterized by its prominence in automotive innovation. The region serves as a global hub for cutting-edge automotive technology and production. European consumers exhibit a growing demand for in-car connectivity and advanced infotainment features, fueling the adoption of center stack displays that seamlessly integrate with smartphones and devices. Europe's stringent automotive safety and emissions regulations drive the incorporation of safety and emissions control features in these displays. They also serve as platforms for advanced features like autonomous driving interfaces and in-car health and wellness monitoring.
Key Market Players & Competitive Insights
The center stack display market needs to be more cohesive and is anticipated to witness competition due to the presence of several players. Major market players are continuously introducing new products to strengthen their role in the market. These players focus on partnership, product upgrades, and collaboration to gain a competitive edge over their peers and capture a significant market share.
Some of the major players operating in the global market include:
- Continental AG
- Delphi Technologies (Aptiv)
- Denso Corporation
- Harman International
- Mitsubishi Electric Corporation
- Visteon Corporation
- Standby Group AB
- BOE Technology Group Co., Ltd.
- Texas Instruments Incorporated.
- In January 2023, HARMAN unveiled the HARMAN Ready Display, featuring Neo QLED Auto technology, aiming to provide exceptional near-OLED visual quality while maintaining an affordable price point. Powered by proprietary Samsung innovations, Neo QLED Auto displays make use of automotive-ready, eco-friendly Quantum Dot film and MINI LED backlight technology.
Center Stack Display Market Report Scope
Market size value in 2024
USD 9.27 billion
Revenue Forecast in 2032
USD 24.98 billion
13.2% from 2024 – 2032
2024 – 2032
Revenue in USD billion and CAGR from 2024 to 2032
By Display Size, By Technology, By Vehicle Type, By Region
North America, Europe, Asia Pacific, Latin America; Middle East & Africa
Report customization as per your requirements with respect to countries, regions and segmentation.
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The center stack display market report covering key segments are display size, technology, vehicle type, and region.
Center Stack Display Market Size Worth $24.98 Billion By 2032
The global center stack display market is expected to grow at a CAGR of 13.2% during the forecast period.
Asia-Pacific is leading the global market
key driving factors in center stack display market are advanced infotainment systems and seamless connectivity projected to spur the market demand