Smart Display Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025

Report Code: AM 38641 Report Format: PDF + Excel (Delivery in 48 Hrs)
Smart Display Market size was valued at $6.5 billion in 2019, and it is estimated to grow at a CAGR of 11.5% during 2020-2025. The growth is mainly attributed to the increasing adoption of smart signage displays in automotive and consumer electronic industries is poised to drive the smart display industry. Growing demand of remote devices and integration of smart displays in them set to provide opportunities to smart display market during forecast period.

Report Coverage

The report: “Smart Display Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Smart Display Market.
 
By Vehicle Type: Light Duty Vehicle (LDV), Heavy Duty Vehicle (HDV)
By Display Technology: LCD, TFT-LCD, Others
By Display Size: 3”-5”, 6”-10”, >10”
By Level of Autonomous Driving: Conventional, Semi-Autonomous
By Geography: North America (U.S., Canada and Mexico); South America (Brazil, Argentina, Rest of Americas); Europe (U.K., Germany, Italy, France, Rest of Europe); APAC (China, Japan, South Korea, India, Rest of Europe); RoW (Middle East & Africa)

Key Takeaways
  • APAC dominated the Smart Display market in term of revenue in 2019 owing to high adoption of smart displays in automobile and smart home appliances. 
  • The display function, combined with other active and passive safety systems, assists vehicle drivers in avoiding crashes and protects passengers during accidents. 
  • Growing demand for portable LCD displays, touch screen, and voice command devices have increased the smart home appliances which further drive the smart display market.
  • High cost of smart displays and offering luxurious automotive electronics at low price becomes a major challenge and hampers the growth of the market.
Vehicle Type - Segment Analysis

Light Duty Vehicle held the major market share of 52.91% in 2019 owing to the rapid increase in the adoption of safety and comfort systems in passenger cars which set to drive the smart display market in this sector. Additionally increasing investments of production of electric cars, autonomous vehicles with advancements in technology have further increased the demand for smart displays, thereby driving the market. 
 
Level of Autonomous Driving - Segment Analysis

Semi-Autonomous Vehicles is the fastest growing segment in Smart Display market and estimated to grow at a CAGR of 14% during the forecast period 2020-2025. Advancements and increase in research and development activities in automobile industry set to provide opportunities for smart displays in semi-autonomous vehicles.,  The growth is mainly attributed to the increase in electrification of vehicle components and use of smart components that assist the drivers in safe drive, thereby driving the market during forecast period.

Geography- Segment Analysis

APAC dominated the Smart Display market in 2019 with a market share of 45%, followed by North America and Europe. As APAC is the manufacturing hub for automotive and consumer electronics industries, there is high adoption of smart displays in these industries which set to drive the market. For instance, In 2019 July, LG Display Co., Ltd announced an investment of $2.6 billion in OLED panel plant in South Korea. According to International Organization of Motor Vehicle Manufacturers (OICA), sales of new vehicles has been increasing in countries such as China, India and other countries. Increasing investments on smart home devices such as smart TVs and other home appliance have been driving the smart display market in this region.

Drivers –Smart Display Market
  • Implementation of AI in smart home devices and increasing demand for IoT enabled smart appliances.
With the adoption of advanced technologies including automation in automobile industry, there has been growing demand of advanced vehicles which are equipped with latest components such as Smart Display systems. The installation of advanced Smart Display system in commercial vehicles has increased comfort level while driving and assists in reducing driver fatigue during long journeys. According to International Organization of Motor Vehicle Manufacturers (OICA), the production of commercial vehicles at global level has been increased from 22.87 million to 24.63 million during 2016-2019 period. These factors has increased the demand for commercial vehicles sales thereby driving Smart Display market.
  • Upsurge in Demand for Smart Mirrors in Automotive Industry
The growing demand for higher safety, comfort and convenience is boosting the demand for connected vehicles with advanced technologies. Smart Mirrors are used in automotive for a variety of applications including temperature display, Bluetooth and hands-free connectivity, navigation, turn signals, and microphone. Increasing demand for smart display mirrors in the automotive industry is driving the global smart display market. The connected cars are largely using this device due to availability of other supporting equipment.  Hence with growing number of connected cars, the demand for smart mirrors are likely to shoot up during forecast period.  The sales of connected car increased by approximately 45% during 2018-2019 to reach 51.1 million unit in 2019.

Challenges – Smart Display Market
  • Higher cost and compatibility issues of smart display to hamper the market growth.
The increasing demand from consumers for driving comfort and safety features in cars has created an opportunity for automakers to embed the display panel in the rearview and side-view mirrors. Currently, rearview mirrors are offered in both aftermarket and OEM-fitted cases. However, a majority of the smart display mirrors are shipped in the aftermarket segment and a minor portion is in OEM-fitted segment. Advanced Technologies as such integrated in automotive is way more expensive. Every Smart Home display gadgets may not be compatible with other home devices. These drawbacks are likely to slow down the Smart Display Market

Market Landscape

Product Launches, Acquisitions, and R&D activities are key strategies adopted by players in the Smart Display market. Smart Display top 10 companies include Continental AG, Denso Corporation, Magna International Inc, Valeo SA, Samsung, LG Electronics, Panasonic Corporation, Japan Display Inc, Nippon Seiki Co., Ltd, Alpine Electronics, Robert Bosch GmbH and others.

Acquisitions/Technology Launches
  • In December 2019, Samsung had launched its new MicroLED display. It is India’s most expensive led Screen which costs approximately $1.58 million. Development of advanced products set to increase the smart display market share.
  • In November 2018, LG had launched smart display LG XBoom AI ThinQ Wk9. This display has 5 MP camera for video calling and other services. This is poised to drive the market.
1. Smart Display Market - Overview
        1.1 Definitions and Scope
2. Smart Display Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Smart Display Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Smart Display Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Smart Display Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Smart Display Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Smart Display Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Smart Display Market - By Vehicle Type (Market Size -$Million / $Billion)
8.1 Light Duty Vehicle (LDV) 
8.2 Heavy Duty Vehicle (HDV)
9. Smart Display Market - By Display Technology (Market Size -$Million / $Billion)
9.1 LCD 
9.2 TFT-LCD 
9.3 Other Advanced Technologies
10. Smart Display Market - By Display Size (Market Size -$Million / $Billion)
10.1 3”-5” 
10.2 6”-10” 
10.3 >10”
11. Smart Display - By Level of Autonomous Driving (Market Size -$Million / $Billion)
11.1 Conventional 
11.2 Semi-Autonomous
12. Smart Display- By Geography (Market Size -$Million / $Billion)
        12.1 Smart Display Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Smart Display- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Smart Display- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Smart Display - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Smart Display - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Smart Display Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Smart Display Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Smart Display Market - Key Company List by Country Premium
16. Smart Display Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 AU Optronics Corporation
        16.3 Alpine Electronics
        16.4 Continental AG
        16.5 Delphi Automotive PLC
        16.6 Denso Corporation
        16.7 Kyocera Display Corporation
        16.8 LG Display Co. Ltd.
        16.9 Magna International Inc.
        16.10 Nippon Seiki Co. Ltd.
        16.11 Panasonic Corporation
        16.12 Pioneer Corporation
        16.13 Robert Bosch GmbH
        16.14 Valeo SA
        16.15 Visteon Corporation
        16.16 Yazaki Corporation
        16.17 Company 16
        16.18 Company 17 & More
*Financials would be provided on a best efforts basis for private companies
17. Smart Display Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Smart Display Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Smart Display Market for Automotive By Region & Application Market 2019-2024 ($M)
2.Global Smart Display Market for Automotive By Display Size Market 2019-2024 ($M)
2.1 5-Mar Market 2019-2024 ($M) - Global Industry Research
2.2 10-Jun Market 2019-2024 ($M) - Global Industry Research
3.Global Smart Display Market for Automotive By Display Technology Market 2019-2024 ($M)
3.1 LCD Market 2019-2024 ($M) - Global Industry Research
3.2 TFT-LCD Market 2019-2024 ($M) - Global Industry Research
4.Global Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 ($M)
4.1 Conventional Market 2019-2024 ($M) - Global Industry Research
4.2 Semi-Autonomous Market 2019-2024 ($M) - Global Industry Research
5.Global Smart Display Market for Automotive By Vehicle Type Market 2019-2024 ($M)
5.1 Light Duty Vehicle Market 2019-2024 ($M) - Global Industry Research
5.2 Heavy Duty Vehicle Market 2019-2024 ($M) - Global Industry Research
6.Global Smart Display Market for Automotive By Region & Application Market 2019-2024 (Volume/Units)
7.Global Smart Display Market for Automotive By Display Size Market 2019-2024 (Volume/Units)
7.1 5-Mar Market 2019-2024 (Volume/Units) - Global Industry Research
7.2 10-Jun Market 2019-2024 (Volume/Units) - Global Industry Research
8.Global Smart Display Market for Automotive By Display Technology Market 2019-2024 (Volume/Units)
8.1 LCD Market 2019-2024 (Volume/Units) - Global Industry Research
8.2 TFT-LCD Market 2019-2024 (Volume/Units) - Global Industry Research
9.Global Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 (Volume/Units)
9.1 Conventional Market 2019-2024 (Volume/Units) - Global Industry Research
9.2 Semi-Autonomous Market 2019-2024 (Volume/Units) - Global Industry Research
10.Global Smart Display Market for Automotive By Vehicle Type Market 2019-2024 (Volume/Units)
10.1 Light Duty Vehicle Market 2019-2024 (Volume/Units) - Global Industry Research
10.2 Heavy Duty Vehicle Market 2019-2024 (Volume/Units) - Global Industry Research
11.North America Smart Display Market for Automotive By Region & Application Market 2019-2024 ($M)
12.North America Smart Display Market for Automotive By Display Size Market 2019-2024 ($M)
12.1 5-Mar Market 2019-2024 ($M) - Regional Industry Research
12.2 10-Jun Market 2019-2024 ($M) - Regional Industry Research
13.North America Smart Display Market for Automotive By Display Technology Market 2019-2024 ($M)
13.1 LCD Market 2019-2024 ($M) - Regional Industry Research
13.2 TFT-LCD Market 2019-2024 ($M) - Regional Industry Research
14.North America Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 ($M)
14.1 Conventional Market 2019-2024 ($M) - Regional Industry Research
14.2 Semi-Autonomous Market 2019-2024 ($M) - Regional Industry Research
15.North America Smart Display Market for Automotive By Vehicle Type Market 2019-2024 ($M)
15.1 Light Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
15.2 Heavy Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
16.South America Smart Display Market for Automotive By Region & Application Market 2019-2024 ($M)
17.South America Smart Display Market for Automotive By Display Size Market 2019-2024 ($M)
17.1 5-Mar Market 2019-2024 ($M) - Regional Industry Research
17.2 10-Jun Market 2019-2024 ($M) - Regional Industry Research
18.South America Smart Display Market for Automotive By Display Technology Market 2019-2024 ($M)
18.1 LCD Market 2019-2024 ($M) - Regional Industry Research
18.2 TFT-LCD Market 2019-2024 ($M) - Regional Industry Research
19.South America Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 ($M)
19.1 Conventional Market 2019-2024 ($M) - Regional Industry Research
19.2 Semi-Autonomous Market 2019-2024 ($M) - Regional Industry Research
20.South America Smart Display Market for Automotive By Vehicle Type Market 2019-2024 ($M)
20.1 Light Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
20.2 Heavy Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
21.Europe Smart Display Market for Automotive By Region & Application Market 2019-2024 ($M)
22.Europe Smart Display Market for Automotive By Display Size Market 2019-2024 ($M)
22.1 5-Mar Market 2019-2024 ($M) - Regional Industry Research
22.2 10-Jun Market 2019-2024 ($M) - Regional Industry Research
23.Europe Smart Display Market for Automotive By Display Technology Market 2019-2024 ($M)
23.1 LCD Market 2019-2024 ($M) - Regional Industry Research
23.2 TFT-LCD Market 2019-2024 ($M) - Regional Industry Research
24.Europe Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 ($M)
24.1 Conventional Market 2019-2024 ($M) - Regional Industry Research
24.2 Semi-Autonomous Market 2019-2024 ($M) - Regional Industry Research
25.Europe Smart Display Market for Automotive By Vehicle Type Market 2019-2024 ($M)
25.1 Light Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
25.2 Heavy Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
26.APAC Smart Display Market for Automotive By Region & Application Market 2019-2024 ($M)
27.APAC Smart Display Market for Automotive By Display Size Market 2019-2024 ($M)
27.1 5-Mar Market 2019-2024 ($M) - Regional Industry Research
27.2 10-Jun Market 2019-2024 ($M) - Regional Industry Research
28.APAC Smart Display Market for Automotive By Display Technology Market 2019-2024 ($M)
28.1 LCD Market 2019-2024 ($M) - Regional Industry Research
28.2 TFT-LCD Market 2019-2024 ($M) - Regional Industry Research
29.APAC Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 ($M)
29.1 Conventional Market 2019-2024 ($M) - Regional Industry Research
29.2 Semi-Autonomous Market 2019-2024 ($M) - Regional Industry Research
30.APAC Smart Display Market for Automotive By Vehicle Type Market 2019-2024 ($M)
30.1 Light Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
30.2 Heavy Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
31.MENA Smart Display Market for Automotive By Region & Application Market 2019-2024 ($M)
32.MENA Smart Display Market for Automotive By Display Size Market 2019-2024 ($M)
32.1 5-Mar Market 2019-2024 ($M) - Regional Industry Research
32.2 10-Jun Market 2019-2024 ($M) - Regional Industry Research
33.MENA Smart Display Market for Automotive By Display Technology Market 2019-2024 ($M)
33.1 LCD Market 2019-2024 ($M) - Regional Industry Research
33.2 TFT-LCD Market 2019-2024 ($M) - Regional Industry Research
34.MENA Smart Display Market for Automotive By Level of Autonomous Driving Market 2019-2024 ($M)
34.1 Conventional Market 2019-2024 ($M) - Regional Industry Research
34.2 Semi-Autonomous Market 2019-2024 ($M) - Regional Industry Research
35.MENA Smart Display Market for Automotive By Vehicle Type Market 2019-2024 ($M)
35.1 Light Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research
35.2 Heavy Duty Vehicle Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Smart Display Market Revenue, 2019-2024 ($M)
2.Canada Smart Display Market Revenue, 2019-2024 ($M)
3.Mexico Smart Display Market Revenue, 2019-2024 ($M)
4.Brazil Smart Display Market Revenue, 2019-2024 ($M)
5.Argentina Smart Display Market Revenue, 2019-2024 ($M)
6.Peru Smart Display Market Revenue, 2019-2024 ($M)
7.Colombia Smart Display Market Revenue, 2019-2024 ($M)
8.Chile Smart Display Market Revenue, 2019-2024 ($M)
9.Rest of South America Smart Display Market Revenue, 2019-2024 ($M)
10.UK Smart Display Market Revenue, 2019-2024 ($M)
11.Germany Smart Display Market Revenue, 2019-2024 ($M)
12.France Smart Display Market Revenue, 2019-2024 ($M)
13.Italy Smart Display Market Revenue, 2019-2024 ($M)
14.Spain Smart Display Market Revenue, 2019-2024 ($M)
15.Rest of Europe Smart Display Market Revenue, 2019-2024 ($M)
16.China Smart Display Market Revenue, 2019-2024 ($M)
17.India Smart Display Market Revenue, 2019-2024 ($M)
18.Japan Smart Display Market Revenue, 2019-2024 ($M)
19.South Korea Smart Display Market Revenue, 2019-2024 ($M)
20.South Africa Smart Display Market Revenue, 2019-2024 ($M)
21.North America Smart Display By Application
22.South America Smart Display By Application
23.Europe Smart Display By Application
24.APAC Smart Display By Application
25.MENA Smart Display By Application
26.Robert Bosch GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Panasonic Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Continental AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Denso Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Magna International Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.LG Display Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Valeo SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Delphi Automotive PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Kyocera Display Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Yazaki Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.AU Optronics Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Pioneer Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Visteon Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Alpine Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Nippon Seiki Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)