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Global Center Stack Display Market to reach USD 19.69 billion by the end of 2029

Global Center Stack Display Market Size study & Forecast, by Display Technology (TFT LCD, OLED), By Display Size (Up To 7-inch, More Than 7-inch) and Regional Analysis, 2022-2029

Product Code: ALTAMC-77921570
Publish Date: 8-02-2023
Page: 200

Global Center Stack Display Market is valued approximately USD 7.20 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.4% over the forecast period 2022-2029. Center Stack Display is a hormone produced by the pancreas that regulates the amount of glucose in the bloodstream at any given time. The Center Stack Display system or Vehicle center console refers to the controls and buttons located next to the driver in front of the vehicle. The climate control button, parking lights, audio-video system and temperature gauge are part of the vehicle’s center console. The center console serves as a functional and aesthetic feature of the vehicle. Controls and buttons help the driver control various things in the vehicle. Advancements in automotive electronics have transformed the automotive center console market. The car is equipped with an in-dash center stack system that includes control systems such as audio and music systems, thermometers, and supports a backup camera system. Growing trend of connected vehicles and rising adoption of advanced infotainment systems are key factors accelerating the market growth.

The rising penetration of connected cars due to growing technological infrastructure and increasing high speed internet service penetration is contributing towards the growth of the Global Center Stack Display Market. For instance, according to Statista – in 2021, global connected car market was valued at USD 65 billion, up from USD 56 billion in 2020. As per projection the market would grow to USD 121 billion by 2025. Also, growing preference towards OEM advanced center stack display solutions and increasing sales of passenger vehicles would create lucrative growth prospectus for the market over the forecast period. However, the high cost of Center Stack Display and volatile cost of raw materials stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Center Stack Display Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and rising expansion of automotive industry in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising growth of the connected cars and increasing penetration of leading market players in the region.

Major market player included in this report are:
Alpine Electronics Inc.
Continental AG
HARMAN International
Panasonic Corporation
Preh GmbH
Robert Bosch GmbH
Texas Instruments Incorporated
Visteon Corporation

Recent Developments in the Market:
 In November 2021, Continental has received its first major order for OLED displays (organic light-emitting diodes) for production vehicles from a global automaker. The total order value is approximately USD 1.06 billion. The multi-display integrates two screens that extend from the driver’s seat to the center console and are optically coupled behind curved glass surfaces. Start of production of display solutions planned for 2023.

Global Center Stack Display Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Display Technology, Display Size, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Display Technology
By Display Size
Up To 7-inch,
More Than 7-inch

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Center Stack Display Market, by Region, 2019-2029 (USD Billion)
1.2.2. Center Stack Display Market, by Display Technology, 2019-2029 (USD Billion)
1.2.3. Center Stack Display Market, by Display Size, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Center Stack Display Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Center Stack Display Market Dynamics
3.1. Center Stack Display Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Growing trend of connected vehicles Rising adoption of advanced infotainment systems
3.1.2. Market Challenges High Cost of Center Stack Display Volatile Cost of Raw materials
3.1.3. Market Opportunities Growing preference towards OEM advanced center stack display solutions. Increasing sales of passenger vehicles
Chapter 4. Global Center Stack Display Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Center Stack Display Market, by Display Technology
6.1. Market Snapshot
6.2. Global Center Stack Display Market by Display Technology, Performance – Potential Analysis
6.3. Global Center Stack Display Market Estimates & Forecasts by Display Technology 2019-2029 (USD Billion)
6.4. Center Stack Display Market, Sub Segment Analysis
6.4.1. TFT LCD
6.4.2. OLED
Chapter 7. Global Center Stack Display Market, by Display Size
7.1. Market Snapshot
7.2. Global Center Stack Display Market by Display Size, Performance – Potential Analysis
7.3. Global Center Stack Display Market Estimates & Forecasts by Display Size 2019-2029 (USD Billion)
7.4. Center Stack Display Market, Sub Segment Analysis
7.4.1. Up To 7-inch
7.4.2. More Than 7-inch
Chapter 8. Global Center Stack Display Market, Regional Analysis
8.1. Center Stack Display Market, Regional Market Snapshot
8.2. North America Center Stack Display Market
8.2.1. U.S. Center Stack Display Market Display Technology breakdown estimates & forecasts, 2019-2029 Display Size breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Center Stack Display Market
8.3. Europe Center Stack Display Market Snapshot
8.3.1. U.K. Center Stack Display Market
8.3.2. Germany Center Stack Display Market
8.3.3. France Center Stack Display Market
8.3.4. Spain Center Stack Display Market
8.3.5. Italy Center Stack Display Market
8.3.6. Rest of Europe Center Stack Display Market
8.4. Asia-Pacific Center Stack Display Market Snapshot
8.4.1. China Center Stack Display Market
8.4.2. India Center Stack Display Market
8.4.3. Japan Center Stack Display Market
8.4.4. Australia Center Stack Display Market
8.4.5. South Korea Center Stack Display Market
8.4.6. Rest of Asia Pacific Center Stack Display Market
8.5. Latin America Center Stack Display Market Snapshot
8.5.1. Brazil Center Stack Display Market
8.5.2. Mexico Center Stack Display Market
8.5.3. Rest of Latin America Center Stack Display Market
8.6. Rest of The World Center Stack Display Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Alpine Electronics Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Continental AG
9.2.3. HARMAN International
9.2.5. MTA S.p.A
9.2.6. Panasonic Corporation
9.2.7. Preh GmbH
9.2.8. Robert Bosch GmbH
9.2.9. Texas Instruments Incorporated
9.2.10. Visteon Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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