Automotive Touch Screen Control Systems Market is Forecast to Reach USD 17.7 Billion by 2032, at a CAGR of 6.80% – Market Research Future Report (MRFR)
New York, USA, June 08, 2023 (GLOBE NEWSWIRE) — According to a comprehensive report by MRFR/Market Research Future (MRFR), “
Automotive touch screen control systems market
Research Report Insights by Region, Product, and Application: Forecast to 2032 “, Automotive Touch Screen Control Systems Market to Reach USD 17.7 Billion at a CAGR of 6.80% in 2032, according to the recent Market Research Future report.
Automotive Touch Screen Control Systems Market Analysis
Touch screen systems in cars are designed to make driving safer and more comfortable. Drivers can access numerous settings and functions via touchscreen interfaces without taking their hands off the wheel, minimizing distractions and improving safety. Touchscreen technologies also provide intuitive and user-friendly interfaces, so drivers can more easily use the car’s capabilities. The introduction of the touch screen control system in vehicles is based on the emphasis on convenience and safety.
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Key players
Key players profiled in the global Automotive Touch Screen Control System market report include,
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Continental AG
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Dawar Technologies
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Infineon Technologies AG
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Kyocera Corp.
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Lascar Electronics Ltd.
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LEONHARD KURZ and Co. Foundation. KG
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Methode Electronics Inc.
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Microchip Technology Inc.
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East Show
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Robert Bosch GmbH
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Samsung Electronics Co. Ltd.
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Semtech Corp.
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STAFL Systems LLC
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STMicroelectronics NV
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Synaptics Inc.
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Texas Instruments Inc.
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TouchNetix Ltd.
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US Micro Products Inc.
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Fujitsu Ltd.
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Among others.
Growing focus on autonomous driving and connected cars to provide strong opportunities
In order to enable seamless communication and user engagement, the connected car technology and autonomous driving functions are based on sophisticated touchscreen control systems. The network, communication and autonomous features of the vehicle can be controlled by these systems. The need for touch screen control system is expected to increase as the automotive industry moves towards connected and driverless cars.
Automotive touch screen control systems market
Analysis of COVID-19
Lockdown restrictions and supply chain disruptions forced several automakers and component suppliers to stop manufacturing or reduce production. As a result, fewer cars with touchscreen control systems were produced, which had an effect on the market. Consumer demand for new cars declined as a result of the epidemic, as individuals cut back on spending due to financial insecurity. The adoption of touchscreen control technologies in automobiles was adversely affected by this decline in vehicle sales. Due to the epidemic, some car manufacturers postponed vehicle renewal cycles or delayed the introduction of new models. Due to the frequent introduction or upgrade of the touch screen control system with new car models, the industry witnessed a decrease in the number of new installations.
Consumer tastes have shifted in favor of contactless and contactless technology as a result of COVID-19. The increased demand for gesture controls, voice commands and other non-touch options as a result of fears about the spread of the virus may have an adverse effect on the development of the touch screen control system. Car manufacturers and suppliers began adding more hygiene and safety features to their touchscreen navigation systems. The use of antimicrobial coatings, self-cleaning surfaces or easy-to-clean materials, for example, became more crucial. This led to modifications in product development and perhaps higher prices. The automotive sector is gradually recovering as the pandemic situation improves and vaccination rates increase. Demand for automobiles and related technology such as touch screen control system is expected to increase. However, depending on the local pandemic scenario and economic circumstances, the recovery rate may vary between locations.
Scope of the report:
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Report metrics |
Details |
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2032 market size |
2032: $17.7 billion |
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CAGR during 2023-2032 |
6.80% CAGR |
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base year |
2022 |
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forecast |
2023-2032 |
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Coverage of the report |
Revenue forecast, competitive landscape, growth factors and trends |
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Segments covered |
Vehicle type, application, screen size and region |
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Key market opportunities |
Increasing demand for smart consumer electronics |
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Key market dynamics |
The growing adoption of electronics in cars, increasing demand for aftermarket infotainment systems and growing motorization in emerging countries |
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Limitations and challenges
High implementation cost to act as a market restriction
High implementation cost, reliability and durability issues, and safety issues and driver distraction may act as market restraints during the forecast period.
Automotive touch screen control systems market
Segmentation
The market is bifurcated based on vehicle type, application and screen size.
By vehicle type, passenger cars will lead the market during the forecast period. Curved display panels for use in center console or center console displays are starting to hit the market as high-definition display technologies for cars become more widely used.
By application, capacitive will dominate the market during the forecast period. That’s because the latest capacitive touchscreens use glass sensor technology and come with fully customizable front covers. The option to customize the front covers of the touch panel, which serves as the front face of the complete infotainment device, boosts sales of automotive touchscreen control systems.
By screen size, 9″ to 15″ will lead the market during the forecast period. In single-touch screens ranging in size from 5”-10”, these screen sizes integrate telecommunication and computing technologies. These display screens are compatible with automotive operating systems.
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Regional analysis
North America will lead the automotive touchscreen control system market
In 2022, the global automotive touchscreen control system market was dominated by North America. The growing need for automotive touch screen control systems during the forecast period can be attributed to the growing fleet size of on-road vehicles. Acting as the primary point of contact between the driver and the vehicle, these systems are a crucial point of differentiation for contemporary car interiors. The sector is booming as a result of changing customer demands and the introduction of new technologies. In addition, the North American market in the United States had the largest market share, while the market in Canada had the fastest growth rate.
APAC will see admirable growth in the automotive touchscreen control system market
From 2023 to 2032, the automotive touch screen control system market in Asia Pacific will develop at the fastest pace. This is explained by the expansion of the population and the rapidly growing automobile industry. In addition, the automotive touch screen control system market in India had the fastest growth rate of the market in the Asia Pacific region and the touch screen control system market in China’s automobiles had the largest market share. The market in the area is expanding as a result of the growing demand for vehicle entertainment systems in developing countries such as India, Thailand, and Indonesia.
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Also, compared to other areas, the passenger car sector in APAC is projected to grow at a faster rate, fueling market expansion there. The forecast period is likely to see the expansion of the regional market as a result of increasing demand for cutting-edge technology for vehicles.
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