Automotive Display Market Growing at 13% CAGR by 2023 | Covid-19 Impact Analysis

February 18, 2021
Ajitb567

Automotive Display Market:

The automotive display market is growing rapidly. The market growth attributes to the augmenting demand for connected vehicles and autonomous cars. Besides, the increasing dependency on navigation systems and increasing demand for infotainment systems are some major factors driving the growth of the market. Moreover, the growing awareness about in-vehicle safety and comfort escalates market demand.

According to Market Research Future (MRFR), the global automotive display market is anticipated to garner valuations of approximately USD 23 BN by 2023, growing at 13% CAGR throughout the assessment period (2018-2023). In 2017, the market was valued at USD 11 billion. The rapidly evolving automotive industry contributes to the growth of automotive applications, witnessing the increase in demand for displays.

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