The Global Automotive Multifunction Display market is projected to grow at a CAGR of around 5.57% during the forecast period, i.e., 2023-28.                                             

Global Automotive Multifunction Display Market Dynamics:

Key Driver: Convenient Driving is a Major Factor Pushing Multifunction Display Adoption

The use of a multifunction display within the automotive sector has resulted in convenient riding for drivers. It enables the driver to get all the information displayed easily through the fingertips, thereby enabling navigation, entertainment, and safety control for the driver. Along with it, the rising concern over road safety & safe driving has also boosted the adoption of multifunction displays, as it allows drivers real-time information & helps prevent accidents. For instance:

• In 2022, BeyonCa, a China-based electric vehicle startup, unveiled to launch of its smart premium EV car. The car is equipped with smart features, including the installation of a multifunction display to help the driver park the car. The system can also monitor & display the driver’s real-time health status & can automatically stop the vehicle to prevent accidents.

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Market Dimensions & Projections

• Pricing Evaluation
• Recent Strategic Moves by Companies
• Primary Stakeholders
• Import/Export Trend Analysis
• Competitive Landscape Assessment
• Emerging Opportunities
• Market Trends and Indicators

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Global Automotive Multifunction Display Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

• By Display Size
  • Less than 5’
  • 5’-10’
  • Greater than 10’
• By Display Type
  • LCD
  • TFT-LCD
  • OLED
  • LED
• By Type
  • Conventional Display
  • Touchscreen
• By Application
  • Digital Instrument Cluster
  • Centre Stack
  • Head-up Display
  • Rear Seat Entertainment
• By Demand Type
  • Original Equipment Manufacturer (OEM)
  • Replacement
• By Vehicle Type
  • Passenger Car
  • Commercial Vehicle
    • Light Commercial Vehicle
    • Medium & Heavy Commercial Vehicle  
• By Region
  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Innolux Corp., Continental AG, Denso, Garmin Ltd., Nippon Seiki Ltd., Aptiv Inc., Pioneer Corporation, Aspen Avionics, Samtel Group, Visteon Corporation, Japan Display Inc., Futaba, LG Display, Socionext Inc., Yazaki

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