Shipments of automotive color LCD displays will nearly double between 2012 and 2016, partly because of a U.S. mandate on rear view cameras, said IHS iSuppli.
“A major driver of growth in the automotive LCD market during the next few years is a U.S. government mandate requiring all cars to incorporate rear-view cameras by 2014,” said Vinita Jakhanwal at IHS. “The mandate will result in an increase in displays used in cars. Most of these displays will find a place in the center stack consoles of cars…”
Lower cost cars will be most impacted by the mandate as most do not yet offer the screens.
Display shipments for cars will increase almost 90 percent hitting 116.8 million units by 2016, up from 61.7 million in 2012.
Each year during the forecast period will see double-digit growth ranging from 15 to 23 percent, with shipments crossing the hundred-million-unit mark in 2015.
Japanese companies such as Sharp and JDI were the main suppliers of automotive displays in 2012.
Source: IHS iSuppli