According to the market forecast compiled by FujiKeizai, the global automotive display panel market size will reach $12.323 billion by 2026, growing by 23.8% compared with 2021; The popularity of advanced instrument designs for electric vehicles, as well as the growth of the head-up display (HUD) and electronic rearview mirror markets, are all related.

The global market for automotive display panels is expected to grow 5 percent from last year to $10.453 billion this year. The number of display panels used in electric vehicles is also expected to increase.

As the demand for automotive display panels increases, the market for related components is also expected to grow. The automotive display panel component market is forecast to grow by 49.1% from 2021 to $868 million by 2026.

A number of Japanese display manufacturers will accelerate the development of ARHUD(Augmented Reality head-up display) in order to meet the diversified demand for automotive displays. In addition, the company will invest in the research and development of new technologies and components in navigation and electronic rearview mirrors, hoping to accelerate the market expansion.

For example, JDI, a small and medium-sized Japanese panel maker, has developed a new OLED panel called eLEAP that, in addition to being more energy efficient than previous products, will allow automakers to design more flexibly. Maxell, another Japanese manufacturer, has also developed a small HUD called Neo-HUD, which can be used in cramped sports cars or K-cars. Japan's NipponSeiki has also opened a new factory in Poland in response to strong demand for HUD.

Fujifilm Economic forecast capacitive touch panel, in the future will become the mainstream of the vehicle market. The automotive capacitive touch panel market is forecast to reach USD 2.985 billion in 2026, up 74.5% from 2021.