On October 16, the global vehicle display panel market continued to grow, according to the latest statistics from Group Intelligence Consulting (Sigmaintell), the total shipment of the global vehicle panel market in the first half of 2024 was 110 million pieces, an increase of about 11%. 

While the head panel factory improves its market share, it pays more attention to the increase of business revenue. From the perspective of the competitive pattern of panel factories, BOE, with its strong research and development capabilities and rich production capacity, and with BOE fine level, further consolidated its leadership position in the automotive panel market, with shipments reaching 19.9 million pieces in the first half of 2024, accounting for 18% of the market share, a significant increase of about 20% year-on-year.

As one of Tianma's strategic core businesses, in-vehicle panel shipments not only increased the proportion of technology products such as LTPS LCD, but also vertically expanded the integration of in-vehicle products. In the first half of 2024, the shipment of in-vehicle display panels was 16.8 million pieces, an increase of about 24%, accounting for 15% of the global market share.

AUO shipped 11.7 million units in the first half of 2024, with a 10% market share, a slight increase compared to the same period in 2023. In the future, it will work with its acquired subsidiary BHTC (Behr-Hella Thermocontrol GmbH) to further increase its competitiveness and enhance its vehicle business revenue capacity.

Japan Display (JDI) shipped 10.5 million units in the first half of 2024, down about 16% year-on-year and accounting for 9% of the global market share.

LG Display (LGD) shipped 8.6 million units in the first half of 2024, with a market share of 8%.

It is worth noting that automobile intelligence promotes the application of new display technology, not only the size continues to grow, but also the application of new display technologies such as OLED, MiniLED backlight display, Dual Cell, MicroLED, etc. in the vehicle display panel is accelerating. Group Intelligence consulting (Sigmaintell) data show that in the first half of 2024, the proportion of products more than 10 inches in the global vehicle display panel shipments reached 52%, an increase of 7 percentage points from the same period last year. This change has led to a significant increase in the total shipment area of vehicle display panels, according to Sigmaintell estimates, in the first half of 2024, the global vehicle display panel shipment area of about 3.2 million square meters, an increase of 26%.

Group Intelligence consulting (Sigmaintell) pointed out that with the intensifying competition in the vehicle display market and the white-hot price competition, the future growth will pay more attention to changes in revenue, and the future growth of the vehicle display market will rely more on technology upgrades and screen expansion.

Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.

Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.

Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.

He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.

Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .