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Report
Saudi Arabia Automotive Smart Display Market By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV, OTR), By Display Technology (LCD, TFT-LCD, OLED), By Display Size (<5", 5"-10", >10"), By Demand Category (OEM, Aftermarket), By Region, Competition, Forecast & Opportunities, 2027
Market Report I 2022-09-29 I 77 Pages I TechSci Research
Saudi Arabia automotive smart display market is anticipated to register a robust CAGR during the forecast period, 2023-2027. Increasing sales of high-end and luxury automobiles, as well as growing consumer demand for fully and partially autonomous vehicles, are the primary factors driving the Saudi Arabia automotive smart display market. The surge in consumer demands for better automobiles and technological advancements in smart display technology is further expected to contribute to the market growth.
Automobile manufacturers are constantly working to improve the present technology to improve driving connectivity. The demand for smart displays in cars is anticipated to increase because of smartphone integration with infotainment systems such as Apple CarPlay and Spotify in automobiles. These entail the effective operation of operating systems on smartphones, giving total driver control over the operations of an automobile. Connecting to smartphones makes it simple to navigate, answer calls, and access music, and it also allows for the integration of cutting-edge technologies with in-cabin electronics. The introduction of 5G technology and the ongoing improvements in the telecommunications sector are anticipated to improve Saudi Arabia's communication networks. Nowadays, voice commands can be used to operate the infotainment system or smart displays. Therefore, the availability of many functions in automotive smart display systems and growing sales of automobiles are expected to propel Saudi Arabia automotive smart display market growth in the next five years.
The Saudi Arabia automotive smart display market is segmented into vehicle type, display technology, display size, demand category, regional distribution, and competitive landscape. Based on vehicle type, the market is divided into two-wheeler, passenger car, LCV, M&HCV, and OTR. Demand for passenger automobiles is growing due to changes in consumer preference to own private vehicles and ensure vehicle quality and passenger safety. The government's introduction of measures to encourage the use of electric vehicles and the development of favorable charging infrastructure is anticipated to increase sales of electric vehicles. Additionally, the growing disposable income of middle-class families and consumer demand for cutting-edge amenities to enjoy a comfortable ride are boosting the demand for passenger cars across the nation.
The major market players operating in the Saudi Arabia automotive smart display market are Denso Corporation, Magna International Inc., Continental AG, LG Display Co., Ltd., Yazaki Corporation, Valeo SA, Robert Bosch GmbH, Nippon Seiki Co. Ltd., Kyocera Display Corporation, Borg Warner Inc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the Saudi Arabia automotive smart display market from 2017 to 2021.
- To estimate and forecast the market size of Saudi Arabia automotive smart display market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast the Saudi Arabia automotive smart display market based on vehicle type, display technology, display size, demand catgory, region, and company.
- To identify the dominant region or segment in the Saudi Arabia automotive smart display market.
- To identify drivers and challenges for the Saudi Arabia automotive smart display market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabia automotive smart display market.
- To identify and analyze the profiles of leading players operating in the Saudi Arabia automotive smart display market.
- To identify key sustainable strategies adopted by market players in Saudi Arabia automotive smart display market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the Saudi Arabia automotive smart display market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia automotive smart display market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Automotive Smart Display Market, By Vehicle Type:
o Two-Wheeler
o Passenger Car
o LCV
o M&HCV
o OTR
- Saudi Arabia Automotive Smart Display Market, By Display Technology:
o LCD
o TFT-LCD
o OLED
- Saudi Arabia Automotive Smart Display Market, By Display Size:
o <5"
o 5"-10"
o >10"
- Saudi Arabia Automotive Smart Display Market, By Demand Category:
o OEM
o Aftermarket
- Saudi Arabia Automotive Smart Display Market, By Region:
o Northern & Central
o Southern
o Eastern
o Western
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia automotive smart display market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Saudi Arabia Automotive Smart Display Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. Saudi Arabia Automotive Smart Display Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV, OTR)
6.2.2. By Display Technology (LCD, TFT-LCD, OLED)
6.2.3. By Display Size (<5", 5"-10", >10")
6.2.4. By Demand Category (OEM, Aftermarket)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Product Market Map (By Vehicle Type, By Region)
7. Saudi Arabia Two-Wheeler Smart Display Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value and Volume
7.2. Market Share & Forecast
7.2.1. By Display Technology
7.2.2. By Display Size
7.2.3. By Demand Category
8. Saudi Arabia Passenger Car Smart Display Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value and Volume
8.2. Market Share & Forecast
8.2.1. By Display Technology
8.2.2. By Display Size
8.2.3. By Demand Category
9. Saudi Arabia LCV Smart Display Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value and Volume
9.2. Market Share & Forecast
9.2.1. By Display Technology
9.2.2. By Display Size
9.2.3. By Demand Category
10. Saudi Arabia M&HCV Smart Display Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value and Volume
10.2. Market Share & Forecast
10.2.1. By Display Technology
10.2.2. By Display Size
10.2.3. By Demand Category
11. Saudi Arabia OTR Smart Display Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value and Volume
11.2. Market Share & Forecast
11.2.1. By Display Technology
11.2.2. By Display Size
11.2.3. By Demand Category
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Policy and Regulatory Landscape
15. Saudi Arabia Economic Profile
16. Competitive Landscape
16.1. Company Profiles (Partial List of Leading Companies)
16.1.1. Denso Corporation
16.1.2. Magna International Inc.
16.1.3. Continental AG
16.1.4. LG Display Co., Ltd.
16.1.5. Yazaki Corporation
16.1.6. Valeo SA
16.1.7. Robert Bosch GmbH
16.1.8. Nippon Seiki Co. Ltd.
16.1.9. Kyocera Display Corporation
16.1.10. Borg Warner Inc.
17. Strategic Recommendations
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