The automotive industry is witnessing a significant surge in the demand for car monitors, with projections indicating a 50% growth by 2015. This increase is driven by the rising output of electric vehicles like the Nissan Leaf and the growing integration of electronic components in modern cars. As car manufacturers continue to innovate, the need for advanced display panels in vehicles is becoming more critical.
As of February 24, 2012, flat panel displays in cars have become increasingly common. These displays are used for various purposes, including car navigation, multifunction driver dashboards, and rear-seat entertainment screens. According to NPD DisplaySearch, vehicle panel shipments are expected to grow from 42 million units in 2011 to 60 million units by 2015 (source).
Hiroshi Hayase, Vice President of Small and Medium Size Research at NPD DisplaySearch, notes that the rise in hybrid and electric vehicle production, such as the Nissan Leaf, is a significant factor driving the growth of car panels. The increasing number of electronic products used in cars necessitates multifunctional screens that provide safety instructions, power management, driving information, and entertainment.
With the improvement in performance requirements, car navigation systems and other in-car displays now demand higher resolution and color saturation. This shift has led to the transition from passive matrix displays to Thin-Film Transistor Liquid Crystal Displays (TFT-LCDs).
Japanese manufacturers like Sharp, Sony, and Toshiba are at the forefront of developing high-quality small and medium-sized LCD panels for automotive applications. Sharp leads the market with a 24.5% share, followed by Sony at 18.9% and Toshiba at 14.7% (source).
The NPD DisplaySearch Automotive Displays Report provides an in-depth analysis of the car display market, covering size, suppliers, customers, and regional trends. The report includes data on TFT-LCD display shipments, revenue, and market share from major panel manufacturers in Japan, Korea, Taiwan, mainland China, and other regions.
The Eighth Guangzhou International Automobile Modification Services Industry Exhibition, held from February 10-12, 2012, showcased the latest advancements in automotive display technology. Companies like Shenzhen Technology Co., Ltd. introduced new brands and innovative front-end technologies aimed at the high-end market.
The demand for car monitors is set to grow significantly, driven by the increasing production of electric and hybrid vehicles and the integration of advanced electronic components in modern cars. As technology continues to evolve, the automotive display market will see further innovations and improvements, enhancing the driving experience for consumers worldwide.
These statistics highlight the rapid growth and technological advancements in the automotive display market, underscoring the importance of continued innovation in this field.
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