Automotive Display Market Size to Soar $21.71 Bn by 2034

Automotive Display Market Growth Drivers, Challenges and Opportunities

Forecasts suggest that the automotive display market will expand from USD 10.55 billion in 2024 to USD 21.71 billion by 2034, with a CAGR of 7.51% during this period. Europe leads the automotive display market due to strong investments in the sector, while Asia Pacific is set for rapid growth with rising luxury car sales. Infotainment displays dominate as modern cars demand advanced features, and TFT technology remains the top choice for its reliability and cost efficiency.

Automotive Display Market Forecast and Competitive Strategies

The automotive display market is predicted to expand from USD 11.34 billion in 2025 to USD 21.71 billion by 2034, growing at a CAGR of 7.51% during the forecast period from 2025 to 2034.

Automotive Display Market Size 2023 - 2034

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Introduction

The automotive display market is a crucial sector of the automotive industry. This industry deals in manufacturing and distribution of displays for the automotive sector. There are several types of displays developed in this sector consisting of TFT LCD, PMOLED, AMOLED and others. These displays are available in different sizes in the market comprising of 3-5 inches, 6-10 inches, greater than 10 inches. It finds several applications in automotives including telematics, navigation, infotainment and some others. The growing demand for luxury cars among elite-class people has contributed to the industrial development. This market is projected to rise drastically with the growth of the automotive components industry across the globe.

Sales of Mercedes Benz Cars, By Model (2023)

  • According to the annual report of Mercedes Benz, the company sold around 77900 G-class cars followed by AMG (42700) and Maybach (27900).

Highlights of the Automotive Display Market

  • Europe held the dominant share of the automotive display market due to the rapid investment in automotive sector in this region.
  • Asia Pacific is expected to grow with a significant CAGR due to the growing sales and production of luxury cars in this region.
  • The infotainment segment dominated the market due to the rising demand for advanced features in modern cars.
  • The TFT segment led the market due to the its reliability and cost-efficiency.
  • The automotive companies have started using Head-Up Display (HUD) in their latest car models for enhancing the experience of passengers while driving. For instance, in October 2024, Denso launched a liquid-crystal head-up display (HUD). This display is designed for luxury cars manufactured by Lexus.
  • The display manufacturing brands are collaborating with automobile manufacturers for developing holographic displays to grab attention of consumers. For instance, in January 2025, Hyundai Mobis collaborated with Zeiss. This collaboration is done for developing a windshield holographic display for use in Kia's EV9 electric vehicle.
  • According to the International Energy Agency, around 4.36 million electric SUVs were sold in middle income countries during 2023.
  • According to the OICA, around 2844609 passenger vehicles were sold in Germany during 2023.

Industry Leader Announcement

In February 2025, Keuk-sang Kwon, the head of Auto Business Group at LG Display made an announcement stating that,” Based on our industry-leading proprietary technology, outstanding product competitiveness and stable supply capabilities, we will continue to present innovative solutions that provide differentiated customer value in the SDV era."

Competitive Landscape

Automotive Display Market Companies

The automotive display market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry comprises of Delphi Technologies, Robert Bosch GmbH, LG Display Co. Ltd, Panasonic Corporation, Visteon Corporation, Continental AG and some others. These market players are constantly engaged in developing automotive displays and adopting several strategies such as product launches, collaborations, investments and partnerships to maintain their dominance in this industry.

Continental Automotive Segment Revenue in Million Euros (2022-23)

  • According to the annual report of Continental AG, the revenue of the automotive segment in 2022 was 18321.6 million euros that increased to 20295.4 million euros in 2023.

Market Segmentations

By Application

  • Telematics
  • Navigation
  • Infotainment

By Type Outlook

  • TFT LCD
  • PMOLED
  • AMOLED

By Size Outlook

  • 3”-5”
  • 6”-10”
  • Greater than 10

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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  • Insight Code: 1587
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 03 March 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The automotive display market is valued at US$ 11.34 billion in 2025.

Europe dominated this industry.

The growing demand for luxury cars coupled with technological advancements in automotive sector has driven the market growth.

Some of the prominent players of this industry consists of LG Display Co. Ltd, Panasonic Corporation, Delphi Technologies, Robert Bosch GmbH, Visteon Corporation, Continental AG and some others.

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