Centre Stack Display Market, By Technology, By Display Type, By Vehicle Type, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
Centre Stack Display Market size was valued at USD 6,830.4 Million in 2022, expanding at a CAGR of 13.1% from 2023 to 2030.
Center stack displays refer to essential touchscreens positioned within a vehicle's central console, acting as a pivotal hub to access and manage various in-car functions such as infotainment, navigation, climate controls, and connectivity features. These displays, typically equipped with high-resolution interfaces and interactive controls, enhance driver convenience by providing a centralized platform to oversee diverse vehicle systems.
Centre Stack Display Market- Market Dynamics
Heightened consumer demand for convenience features, enhanced in-vehicle comfort, and the rising popularity of connected vehicles to propel market demand
The burgeoning market growth is propelled by heightened consumer demand for convenience features, enhanced in-vehicle comfort, and the rising popularity of connected vehicles. Consumers are increasingly inclined towards vehicles equipped with multiple electronic devices and advanced in-car infotainment technologies. For instance, the integration of smartphones with in-vehicle infotainment systems enables users to leverage their smartphone functions through the vehicle's touchscreen display, allowing functionalities like making calls seamlessly. The ease and adaptability of integrating center stack systems are poised to drive market growth due to their user-friendly nature and adaptability. The market is further bolstered by the surge in sales of passenger vehicles equipped with audiovisual entertainment units like infotainment systems offering real-time traffic updates and navigation features. For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), global sales of passenger cars reached 56,437,803 units in 2021 and rose to 57,485,378 units in 2022. This uptick in passenger vehicle sales is expected to be a driving force behind the increasing adoption of center stack displays throughout the forecast period.
Centre Stack Display Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 13.1% over the forecast period (2023-2030)
Based on Technology segmentation, TFT LCD was predicted to show maximum market share in the year 2022
Based on Display Type segmentation, more than 7 inches was the leading type in 2022
On the basis of region, Asia Pacific was the leading revenue generator in 2022
Centre Stack Display Market- Segmentation Analysis:
The Global Centre Stack Display Market is segmented on the basis of Technology, Display Type, Vehicle Type, and Region.
The market is divided into two categories based on Technology: TFT LCD and OLED. The TFT LCD sector held a substantial market share in 2022. Manufacturers of center stack displays widely adopt TFT LCD systems due to their advantageous characteristics, including high resolution, low power consumption, and lightweight design. Additionally, the relatively lower cost of these center stack systems has propelled the growth of this segment compared to other technologies.
The market is divided into two categories based on Display Type: Up to 7 and more than 7 inch. The segment featuring display sizes of more than 7 inches dominated the market in 2022. The rise of autonomous and semi-autonomous vehicles is anticipated to boost possibilities for the more than 7-inch segment, as these vehicles necessitate larger center stack displays for infotainment and communication between the driver and vehicle. These larger displays have already been integrated into high-end luxury vehicles, providing access to various driver-controlled functions like suspension settings and climate control through a touch interface.
Centre Stack Display Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Centre Stack Display Market- Competitive Landscape:
Strategies within the center stack display market revolve around technological advancements, refining user interfaces, and integrating sophisticated functionalities. Companies prioritize creating responsive touchscreens, intuitive user experiences, and seamless connectivity with smartphones and various devices. Safety features take precedence, alongside collaborations with automotive manufacturers for tailored solutions, and adherence to industry standards, all contributing to market competitiveness in this sector.
Recent Developments:
In April 2023, HannStar, a company specializing in display technologies, unveiled a TFT LCD-based Paper Display as a competitor to E Ink's EPD (electronic paper display).
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL CENTRE STACK DISPLAY MARKET KEY PLAYERS
Continental AG
Alpine Electronics, Inc.
Panasonic Holdings Corporation
HARMAN International
MOBIS INDIA LIMITED
Robert Bosch Manufacturing Solutions GmbH
Texas Instruments Incorporated
MTA S.p.A
PREH GMBH
Visteon Corporation
Others
GLOBAL CENTRE STACK DISPLAY MARKET, BY TECHNOLOGY
TFT LCD
OLED
GLOBAL CENTRE STACK DISPLAY MARKET, BY DISPLAY TYPE
Up to 7 inch
More than 7 inch
GLOBAL CENTRE STACK DISPLAY MARKET, BY VEHICLE TYPE
PC
CV
GLOBAL CENTRE STACK DISPLAY MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Centre Stack Displays Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Centre Stack Displays Market Snippet by Technology
2.1.2. Centre Stack Displays Market Snippet by Display type
2.1.3. Centre Stack Displays Market Snippet by Vehicle type
2.1.4. Centre Stack Displays Market Snippet by Country
2.1.5. Centre Stack Displays Market Snippet by Region
2.2. Competitive Insights
3. Center stack displays Key Market Trends
3.1. Centre Stack Displays Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Centre Stack Displays Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Centre Stack Displays Market Opportunities
3.4. Centre Stack Displays Market Future Trends
4. Center stack displays Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Centre Stack Displays Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Centre Stack Displays Market Landscape
6.1. Centre Stack Displays Market Share Analysis, 2022
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. Centre Stack Displays Market - By Technology
7.1. Overview
7.1.1. Segment Share Analysis, By Technology, 2022 & 2030 (%)