As navigation becomes standard on more vehicles, the demand for multifunctional automotive TFT-LCD monitors will continue to grow.
Santa Clara, CA (PRWEB) December 18, 2013
With increasing demand for center information displays and multifunction monitors for eco-friendly vehicles, year-over-year automotive TFT-LCD shipments are expected to increase 16 percent in 2013. According to the NPD DisplaySearch Automotive Displays Report, automotive TFT-LCD shipments are expected to exceed 65 million units in 2013 and more than 90 million units in 2017.
“The global demand for electric and hybrid cars, and electronic control systems is on the rise,” said Hiroshi Hayase, vice president of small/medium displays for NPD DisplaySearch. “As navigation becomes standard on more vehicles, the demand for multifunctional automotive TFT-LCD monitors will continue to grow.”
The market for TFT-LCD automotive displays was originally shared by Japanese LCD makers; however, as global demand rises display manufacturers in Taiwan, Korea, and China have been increasing output. In 2013, Innolux is expected to lead the automotive TFT-LCD display market at 22 percent, followed by Japan Display at 21 percent, and Sharp at 20 percent. The 2013 leader in automotive monitor procurement is Continental (Germany) at 13 percent, followed by Panasonic (Japan) at 11 percent, and Ford (U.S.) at 9 percent.
The Automotive Displays Report from NPD DisplaySearch analyzes all the FPD shipments related to the automotive industry including TFT LCD, PM LCD and OLED. It provides forecasts out to 2017 for FPD technology, shipments, revenues, shares, size, resolution, demand, automobile production, average prices and more. For more information about the report, please contact Charles Camaroto at 1.888.436.7673 or 1.516.625.2452, e-mail contact(at)displaysearch(dot)com or contact your regional NPD DisplaySearch office in China, Japan, Korea or Taiwan for more information.
About NPD DisplaySearch
NPD DisplaySearch, part of The NPD Group, provides global market research and consulting specializing in the display supply chain, including trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge. NPD DisplaySearch supply chain expertise complements sell-through information from The NPD Group, thereby providing a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information, visit us at http://www.displaysearch.com. Read our blog at http://www.displaysearchblog.com and follow us on Twitter at @DisplaySearch.
About The NPD Group, Inc.
The NPD Group provides global information and advisory services to drive better business decisions. By combining unique data assets with unmatched industry expertise, we help our clients track their markets, understand consumers, and drive profitable growth. Sectors covered include automotive, beauty, consumer electronics, entertainment, fashion, food/foodservice, home, luxury, mobile, office supplies, sports, technology, toys, and video games. For more information, visit http://www.npd.com and npdgroupblog.com. Follow us on Twitter at @npdtech and @npdgroup.