What They Say
It looks as though Omdia is trying to raise its presence in Korea as the Elec has added to the data provided by the researcher by publishing data on the automotive display market again (China tops automotive display market in 2020)
The market is forecast to reach 238 million units by 2030, representing CAGR of 6.5% from 2020 when unit shipments were 127 million. Exterior mirror displays and HUDs are the biggest growth segments at 16.1% and 13.5% CAGR, respectively.
The low end of the market will mainly use a-Si TFT LCD, while the mainstream market will be LTPS LCD, low density MiniLED and rigid OLEDs. The premium market will have high density MiniLED, flexible OLED and MicroLED as the main technologies.
The report said that the Cadillac Lyriq EV will adopt a 33″ miniLED LCD display.
What We Think
The automotive market is a real example of how the display market is developing to offer genuine choice for specifiers between different technologies, after a long period of simply being able to select an LCD. (BR)
