Automotive TFT LCD shipments are expected to exceed 65M in 2013
NPD DisplaySearch said the automotive TFT LCD shipments are expected to exceed 65 million units in 2013 and more than 90 million units in 2017.
“The global demand for electric and hybrid cars, and electronic control systems is on the rise,” said Hiroshi Hayase, vice president of small/medium displays for NPD DisplaySearch. “As navigation becomes standard on more vehicles, the demand for multifunctional automotive TFT LCD monitors will continue to grow.”
Table 1: Automotive TFT LCD Displays Forecast
Source: NPD DisplaySearch Automotive Displays Report
The market for TFT LCD automotive displays was originally shared by Japanese LCD makers; however, as global demand rises display manufacturers in Taiwan, Korea, and China have been increasing output, as per NPD DisplaySearch. In 2013, Innolux is expected to lead the automotive TFT LCD display market at 22%, followed by Japan Display at 21%, and Sharp at 20%, according to NPD DisplaySearch. The 2013 leader in automotive monitor procurement is Continental (Germany) at 13%, followed by Panasonic (Japan) at 11%, and Ford (US) at 9%, finds NPD DisplaySearch.