Revenues from Smartphone and Automotive Displays Grew in 2014, IHS SaysFebruary 24, 2015
As smartphones monopolize product sales for cameras and other devices with small and medium displays, automotive display revenues rose 26% to become the second-highest growth category in 2014, according to IHS.
Based on the latest information from the IHS Technology Quarterly Small/Medium Shipment and Forecast Report, in 2014 automotive display revenues (not including aftermarket displays) reached $848 million. The mobile phone display market increased 4%, reaching $1.2 billion, while multi-function printer displays rose 148% to reach $85 million. The overall small and medium flat panel display (FPD) market grew by an estimated 8% (2.5 billion units) in 2014.
While estimated year-over-year mobile phone FPD unit shipments grew 10% and mobile PC display shipments grew 7%, shipments of automotive displays grew 33% to reach an estimated 87.3 million units in 2014.
“Mobile phone displays continue to lead ongoing small and medium flat-panel market growth, as the functional distinctions between smartphones and other devices blur,” says Hiroshi Hayase, senior director for displays at IHS Technology. “Given that consumer demand in many small and medium FPD categories is falling, rising demand for automotive displays is a bright spot for the industry.”
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