Automotive display shipment to reach 239 million in 2030
Premium market to be led by MiniLED, MicroLED, according to Omdia
Automotive display shipment is expected to reach 238 million units in 2030, according to market research firm Omdia.
This is an average growth of 6.5% per year from 2020, in which 127 million units were shipped.
According to Omdia’s forecast, exterior mirrors (or emirror) and head-up displays will show the highest rate of growth. Shipment of emirror is expected to grow 16.1% per year on average from 2020 to 2030, while head-up display will grow by 13.5% per year on average over the same time period.
Automotive display market will continue to show late single digit growth every year, while technologies such as OLED, MiniLED and MicroLED will gradually enter the market.
By country, according to the market research firm, China will mainly supply liquid crystal display (LCD), while Japan and South Korea supply low-temperature polycrystalline silicon (LTPS) LCD and OLED. Taiwan will mainly supply MiniLED and MicroLED.
Omdia also predicts that the automotive display market will be divided by two technologies, much like the smartphone display market.
Entry market will mainly use a-Si thin-film transistor (TFT) LCD, while mainstream market will be controlled by LTPS LCD, low density MiniLED and rigid OLED technologies.
The premium market will have high density MiniLED, flexible OLED and MicroLED as the main technologies.
Companies such as AUO, Innolux, Playnitride and Lextar showed off their automotive display that uses MiniLED and MicroLED technologies at the Touch Taiwan industry event in April.
Omdia said MicroLED has high luminance, transparency and reliability that are attractive to automobile companies. General Motors is planning to apply a 33-inch MiniLED display to its Lyrig electric vehicle model due to this, it added.