Cockpit Display Market - Global Industry Analysis

Cockpit Display Market

Global Cockpit Display Market: Type, Application, Size, Industry Share, Segments, Analysis and Forecast, 2018—2025

Category: Technology & Media Report Format : PDF Pages: 124 Report Code: ZMR-501 Published Date: Feb-2019 Status : Published

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The global cockpit display market for land vehicle is anticipated to witness tremendous growth in the future, owing to its increasing product usage in vehicles. With technological breakthroughs, cockpit providers are focusing on upgrading solutions so that they are compatible with other smart devices in the IoT network to cater to the various end-users’ demand. This has led most of the automotive original equipment manufacturers (OEMs) to incorporate various solutions, such as Android auto and Apple car play in their models.

The rising demand for advanced cockpit displays in trains is anticipated to fuel the cockpit display market for land vehicle in the future. With the increasing adoption of bullet trains in various countries, the demand for cockpit displays is predicted to rise. Developing economies, such as China and India are increasingly investing to utilize these trains. In 2018, Japan and India announced the launch of the bullet train project in India that was estimated worth USD 17 billion. The introduction of autonomous vehicles with high-security features is another factor likely to boost the cockpit display market for land vehicle globally in the future. However, producing cost-effective displays with advanced technology might prove to be a major constraint in this global market’s growth.

Global Cockpit Display Market

The global cockpit display market for land vehicle is segmented on the basis of vehicle, display, and display size. By vehicle, global cockpit display market for land vehicle is segmented into automotive, tactical vehicles, trains, and others. The automotive segment is estimated to hold a noticeable share of this global market in the future. Driver assist display and mission display form the display segment of the global cockpit display market for land vehicle. The driver assist display segment is projected to grow notably in the upcoming years, owing to its adoption in various automotive. Below 5 inches, between 5 and 10 inches, and above 10 inches comprise the display size segment of this market.

By region, North America is likely to hold a significant share of the global cockpit display market for land vehicle over the estimated timeframe. The U.S. is a major contributor to the North American cockpit display market for land vehicle, owing to the increased expenditure related to defense activities. Europe is anticipated to witness a considerable rise in the demand for cockpit display for land vehicles due to the thriving automotive sector. Numerous automotive manufacturers are aiming to improve their vehicles display units considering the introduction of autonomous or self-driven vehicles, which, in turn, is projected to boost the European cockpit display market for land vehicle over the forecast timeline.

Some key participants of the cockpit display market for land vehicle are Continental AG, AU Optronics Corp., Japan Display Inc., Garmin Ltd., Innolux Corp., Texas Instruments Inc., Rockwell Collins, Inc., Alpine Electronics, Inc., General Dynamics Canada Ltd., and Esterline Technologies Corp., among others.

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