Global shipments of automotive full-colour LCD will nearly double during the four-year period from 2012 to 2016, as US mandates rear-view safety cameras, says analyst IHS.
Shipments of these automotive LCDs are projected to reach 116.8 million units by 2016, representing an increase of 89% on 2012, according to IHS.
“A major driver of growth in the automotive LCD market during the next few years is a US government mandate requiring all cars to incorporate rear-view cameras by 2014,” said Vinita Jakhanwal, director for small and medium displays at IHS.
Annual growth between 2012 and 2016 is predicted to range from 15 to 23%, with shipments crossing the hundred-million-unit mark in 2015.
TFT-LCD displays
The mandate is mainly expected to affect the economy vehicle segment, which currently doesn’t employ in-car TFT-LCD displays to a very large degree.
Here, 3.x-inch displays with their lower average selling cost are expected to be the choice in economy vehicles over larger-sized displays. Larger rear-view camera displays sized 6.x- to 8.x-inch more likely will be found in midrange cars.
Japanese companies such as Sharp and JDI were the main suppliers of automotive displays in 2012.
