TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Automotive

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from IHS Technology Press Releases

Automotive

Automotive monitor display market stalls for the first time in a decade as trade dispute puts the brakes on China’s economy

Via IHS Technology Press Releases

Sep 26, 2019

Collateral damage from the ongoing trade dispute between the United States and China is spreading, with the market for TFT LCDs used for automotive monitor displays declining for the first time in 10 years, according to IHS Markit | Technology, now a part of Informa Tech.

Global shipments of TFT LCDs used for automotive monitor displays are set to decline to 156 million units in 2019, down 5 percent from 2018, as reported by the IHS Markit | Technology Automotive Display Intelligence Service. The trade clash has already taken a toll on China, with the country in August facing a slowdown in growth in industrial production, fixed-asset investment and retail sales. Retail sales in China were particularly impacted by the slowing growth of the auto segment.

“After the currency crisis of 2008, the market for TFT LCDs used for automotive monitors entered the fast lane, with annual shipments rising to 162 million units in 2018, up from 18 million in 2009,” said Hiroshi Hayase, senior director, small-medium display, at IHS Markit. “However, shipment growth has hit the brakes in 2019 as China’s economy is facing an increased risk of recession due to the trade uproar. Increased U.S. tariffs on Chinese cars and automotive components are causing the market to suffer its first downturn in 10 years.”

Automotive monitor market

Automotive monitors are gaining acceptance due to the steady expansion of electronic controls in cars, covering areas including safety, convenience, entertainment and energy-savings. Auto monitor equipment products areas include center stack displays (CSD) with navigation, multifunction monitors in instrument clusters, head-up displays (HUD) and rear seat entertainment (RSE) systems.

“The downturn is having a negative impact on every display maker that expected the automotive segment to become the next big growth opportunity in 2019,” Hayase said. “On the upside, automobile monitor display demand is expected to return to growth after 2020. Autonomous cars and new safety monitoring features will increasingly drive sales of cars with multiple displays in the coming years, boosting monitor requirements from the industry.”

Related Topics
  • 4G LTE,
  • Access Evolution,
  • Automotive,
  • Cellular IoT,
  • Global,
  • IHS Markit,
  • Mobile,
  • Tracker

More Like This

AI, Analytics & Automation

What’s up with… Verizon, Dish Network, CETIN, Telenor Myanmar

Feb 16, 2021

5G

What’s up with… Qualcomm + Altran, Orange, Coherent

Feb 15, 2021

5G

Qualcomm drives 4G LTE and 5G global momentum for connected cars with Snapdragon Automotive Wireless Platforms

Jan 27, 2021

5G

Qualcomm and NIO bring immersive driving experiences with Intelligent Cockpit and 5G technologies to NIO ET7

Jan 9, 2021

Access Evolution

AT&T, KDDI Offer Wi-Fi, WarnerMedia Content to Mazda Vehicles

Dec 15, 2020

This content extract was originally sourced from an external website (IHS Technology Press Releases) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

On-demand Workshop: How to build your cloud native 5G core platform

16:48

The case for mmWave in 5G networks

25:55

The Private Mobility Opportunity for Enterprises

12:04

VMware learnings from DISH 5G rollout

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices