Global Automotive Curved Display Market 2024-2030

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    AUTOMOTIVE CURVED DISPLAY MARKET 

     

    INTRODUCTION 

    Displays that are mounted on the vehicle’s center stack or in the speedometer region are becoming increasingly prevalent. These are used to show essential information to the driver in order to monitor the vehicle’s performance and track navigation, speed, and distance. 

     

    Glass screens are now standard in most cars, and they are frequently the sole flat surface in the vehicle. More and larger displays necessitate curved displays to fit to the interior’s contours. These curved screens will serve a purpose that is more significant than simply being attractive. They will also play a key role in enhancing user safety and pleasure. 

     

    A curved display is a cutting-edge display technology that uses three-dimensional displays rather than two-dimensional ones. It has the potential to significantly alter how we think about and utilise a variety of interfaces, ranging from TVs and computers to tablets and mobile devices. 

     

    Automotive Curved Display Market

     

    End consumers will progressively notice more improved versatility than with today’s normal flat glass or plastic screen, which often incorporates a gesture touchscreen interface, as curved screen light-emitting diode displays make their way to them.  

     

    The screens are a significant impediment to the interior of the vehicle. They demonstrate how enormous, flat displays are becoming increasingly challenging to handle in an ergonomically optimized interior design where every other surface is curved. 

     

     

    AUTOMOTIVE CURVED DISPLAY MARKET SIZE AND FORECAST

     

    Automotive Curved Display Market

     

    The Global Automotive Curved Display Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030. 

     

    RECENT TRENDS IN AUTOMOTIVE CURVED DISPLAY MARKET

    The all-new Mercedes S-Class launched in September 2020 is loaded with technology on the cutting edge features the automotive curved display spanning full dashboard width.

     

    The dashboard is entirely made of a curved display screen that reaches the width of the cabin for the yet-to-launch electric-powered S-Class.

     

    The central and front passenger displays are OLED units which give a better picture quality and also provide better haptic feedback. The curved unit is molded in three dimensions using a special three-layer coating which Mercedes terms it as the ‘Silver Shadow.

     

    AUTOMOTIVE CURVED DISPLAY NEW PRODUCT LAUNCH 

    Corning Incorporated has announced that its proprietary Corning® ColdForm Technology for curved automobile display systems has been industrialized.

     

    ColdForm Technology enables larger, curved, and more integrated display designs, which are driven by consumer desire for additional in-car infotainment and connection. 

     

    The Cadillac Escalade incorporates LG Electronics’ P-OLED technology, which is the first time a curved OLED display has been used in a production car. 

     

    The P-OLED display is the focal point of Cadillac’s all-new design, which is the first vehicle to use LG’s P-OLED Digital Cockpit Solution. 

     

    FlexEnable, a leader in the research and industrialization of plastic electronics for flexible displays and sensors, has teamed up with Novares to integrate curved, glass-free organic LCDs (OLCDs) into the Novares Nova Car. 

     

    AUTOMOTIVE CURVED DISPLAY MARKET GEOGRAPHY OVERVIEW

     

    North America 

    The North American market, particularly the USA, will be one of the prime markets for (Automotive Curved Display Market) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive. 

     

    Europe 

    The European market, particularly Western Europe, is another prime market for (Automotive Curved Display Market) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Automotive Curved Display Market) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period. 

      

    Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe. 

      

    There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Automotive Alloy Wheel    Market) in the region. 

     

    Asia 

    Asia will continue to be the global manufacturing hub for (Automotive Curved Display Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.    

    There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.  

     

    Africa 

    Africa is expected to see the largest growth in (Automotive Curved Display Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape. 

     

    RoW 

    Latin America and the Oceania region will showcase growth over the forecast period in (Automotive Curved Display Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which are supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region. 

     

    AUTOMOTIVE CURVED DISPLAY MARKETMARGIN COMPARISON

     

    Margin Comparison (Highest to lowest)  Region  Remarks 
    Europe  The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. 
    North America  Due to the high spending power in this region, the margins are higher compared to the rest of the world, but they are lower than Europe as there is higher competition in this region. All the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe 
    Asia  Lower purchasing power, coupled with higher accessibility of services in this regions doesn’t enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region 
    Africa and ROW  The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region don’t have much spending power and a large portion of the products and services from this area is exported to other parts of the world 

     

    AUTOMOTIVE CURVED DISPLAY MARKET COMPANY PROFILES

     

    AUTOMOTIVE CURVED DISPLAY MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS 

    1. What is the average cost per Global Automotive Curved Display Market right now and how will it change in next 5-6 years?  
    2. Average cost to set up a  Global Automotive Curved Display Market in US, Europe and China? 
    3. How many  Global Automotive Curved Display Market are manufactured per annum globally? Who are the sub-component suppliers in different regions? 
    4. What is happening in the overall public, globally?  
    5. Cost breakup of a  Global Automotive Curved Display Market and key vendor selection criteria 
    6. Where is the Global Automotive Curved Display Market ? What is the average margin per equipment? 
    7. Market share of Global Automotive Curved Display Market  manufacturers and their upcoming products 
    8. The most important planned Automotive Curved Display in next 2 years 
    9. Details on network of major Automotive Curved Display and pricing plans 
    10. Cost advantage for OEMs who manufacture Automotive Curved Display in-house 
    11. 5 key predictions for next 5 years in Global Automotive Curved Display Market 
    12. Average B-2-B Automotive Curved Display price in all segments 
    13. Latest trends in Automotive Curved Display, by every market segment 
    14. The market size (both volume and value) of Global Automotive Curved Display Market in 2024-2030 and every year in between? 
    15. Global production breakup of  Automotive Curved Display, by suppliers and their OEM relationship 

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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