Center Stack Display Market Size, Share, Forecast Report, 2020-2027

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he report provides rational insights along with historical and forecast data to aid in better understanding of the Global Center Stack Display Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Center Stack Display market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global center stack display market size was valued at USD 5.60 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 13.4% from 2020 to 2027. Demand for center stack displays was pegged at 72.39 million units in 2019. The market for center stack displays is expected to witness significant growth in the forthcoming years owing to increasing demand for gesture controls, advanced infotainment systems, and central controllers that are being widely used in passenger vehicles for luxury, safety, comfort, and security benefits. The automobiles are outfitted with center stack systems on the dashboard of the vehicle that consists of the control systems, such as music and audio system and temperature display, and supports reverse rearview camera system.

Furthermore, rising consumer demand for convenience features and in-vehicle comfort and growing trend of connected vehicles are fueling the market growth. Customers are leaning more towards the vehicles that are equipped with multiple electronic gadgets and in-vehicle infotainment technology. For instance, smartphones can be connected to the in-vehicle infotainment system. This integration of the smartphone function with the in-vehicle infotainment system allows users to make calls using the in-vehicle touchscreen infotainment display. Thus, the ease and flexibility offered by the implementation of center stack systems is anticipated to escalate the market growth.



Increase in the sales of passenger vehicles pre-equipped with audio and visual entertainment in the form of infotainment units, coupled with features such as real-time traffic and navigation, is bolstering the market growth. For instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), in 2019, the sales of passenger cars in Asia Pacific accounted for 35,959,799 units. However, in 2018, the sales of passenger vehicles in the region accounted for 39,296,980 units. Thus, increase in the sales of the passenger vehicles in the region is expected to drive the market for center stack display over the forecast period.



Additionally, a number of vehicle OEMs are offering advanced center stack display solutions in economic and mid-segment vehicle variants. However, the cost of equipping a vehicle with center stack display solutions impacts the overall cost of the vehicle. Thus, major challenge for OEMs is to lower the cost of center stack systems to reduce its impact on the overall cost of the vehicle. For instance, in the cost sensitive markets such as China and India, consumers purchasing economic and mid-segment vehicles prefer to purchase a vehicle with no additional costs for value added features. Hence, high cost of the vehicles equipped with center stack display solutions is expected hinder the market growth. Therefore, the price of center stack systems needs to be reduced considerably in order to make center stack display solution a basic feature in passenger cars.

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Center Stack Display market are included as given below:

Alpine Electronics, Inc.



Continental AG



HARMAN International



HYUNDAI MOBIS



MTA S.p.A



Panasonic Corporation



Preh GmbH



Robert Bosch GmbH



Texas Instruments Incorporated



Visteon Corporation

The global Center Stack Display market has been segmented as below:

� Display Technology Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)

� TFT LCD

� OLED

� Display Size Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)

� Up to 7-inch

� More than 7-inch

� Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2027)

� North America

o U.S.

o Canada

� Europe

o U.K.

o Germany

o France

� Asia Pacific

o China

o India

o Japan

� Latin America

o Brazil

o Mexico

� Middle East & Africa

Reasons to Purchase this Report:

Estimates Center Stack Display development trends with SWOT analysis

� Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players

� Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion

� Market dynamics scenario, along with growth opportunities for players in the years to come

� Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period

� Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects