Automotive Smart Display Market size was valued at USD 14.61 billion in 2024 and is expected to cross USD 30.31 billion by the end of 2037, expanding at more than 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive smart display is estimated at USD 15.29 billion. The growth of the market can be attributed to the surge in innovations in the automotive industry as well as the growing demand for smart displays worldwide. For instance, it was found that over 15 million smart displays were sold worldwide in 2020. The increasing use of automotive cars owing to the increasing disposable income of people across the world. The rising preferences of people for entertainment and increasing safety concerns are the reason for the growth of smart display installation in automobiles. The display is used as a small-screen video player and a front and back camera visualizer that prevents accidental bumps into walls or obstacles.
Available on a single-touchscreen platform automotive smart display market play an essential role in the application of important driver assistance functions. Innovative and advanced displays are being incorporated by the original equipment manufacturers (OEMs) to deliver unique user experiences which can differentiate their brand image. With the recent advancements in automotive electronic modules as well as electronic control units, the demand for smart displays is on the rise amongst car users, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global automotive smart display market during the forecast period. It is expected that by 2030, electronics are expected make up 50% of a cost of a new car.
Author Credits: Saima Khursheed
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