TFT-LCD panel shipments for the inst cluster in automotives to grow 48%
DisplaySearch finds TFT-LCD panel shipments for the instrument cluster in automotives to grow 48 percent to reach 30.2 million units in 2014, and estimates a growth of 50 million units in 2018.
Figure: Instrument Cluster TFT-LCD Shipments and Forecast
Source: DisplaySearch Automotive Displays Report, 2014.
“Formerly a concept found only in science fiction, with ‘emergency stop,’ ‘active lane control,’ and other safety functions becoming more commonplace, automatic electronic control of automobiles is now a reality,” said Hiroshi Hayase, vice president of small and medium displays for DisplaySearch, now part of IHS (NYSE: IHS). “With leading-edge features like fully automatic driving on the horizon, and with growing requirements to actively monitor safety and ecological functions, multifunctional TFT-LCD instrument clusters could soon resemble glass cockpits.”
Regionally growth is in United States, European Union, Japan and other developed regions. In the first half of the year, Continental AG was the top purchaser of instrument cluster TFT-LC panels, followed by Ford and Nippon Seiki, as per DisplaySearch.