Core Insights - The global automotive display market is projected to experience significant growth, with revenue expected to reach $13.6 billion in 2025, representing an 8% year-over-year increase. By 2030, the market size is anticipated to grow to $18.3 billion [1] - The revenue growth is driven by the increasing adoption of high-end and high-priced display panel technologies, particularly OLED and LTPS TFT LCD, rather than by shipment volume [1] - In 2025, LTPS TFT LCD is expected to account for 45% of the total automotive display market revenue, while OLED will represent 9%. The share of a-Si TFT LCD is projected to decrease from 48% to 44% [1] Market Trends - LTPS TFT LCD and OLED are becoming the mainstream display technologies in the automotive sector, with LTPS TFT LCD expected to exceed 50% of shipment revenue by 2028, and OLED anticipated to dominate the high-end automotive cockpit segment with over 20% share [5] - The average selling prices (ASP) of LTPS TFT LCD and OLED are higher than traditional a-Si TFT LCD, indicating a market shift towards higher-value technologies [2] Technological Advancements - LTPS TFT LCD offers several advantages over traditional a-Si TFT LCD, including higher resolution, brightness, lower power consumption, and better touch panel integration, which are crucial for the growing electric vehicle sector [1] - OLED is expanding its application range in central displays, instrument panels, and passenger displays due to its lightweight design, high contrast, and efficient power consumption [2] Future Outlook - The introduction of Micro LED displays is expected to occur in the automotive display market after 2028, marking the next wave of advanced display technology [5] - Major panel manufacturers such as AUO, BOE, and LG Display are aggressively entering the automotive sector to pursue higher value and revenue, while leading OLED manufacturers are developing new designs to accelerate their presence in the automotive market [5][6]