Shipments of liquid crystal displays for use in cars will almost double by 2016 from 2012 levels, according to researcher IHS forecast.
What is driving the demand?
Shipments of liquid crystal displays for use in cars will almost double by 2016 from 2012 levels, as an expected mandate in the U.S. for rear-view cameras in autos boosts demand, researcher IHS forecast.
Deliveries of full-color LCDs used in autos will reach almost 117 million units by 2016, up 89 percent from 2012, El Segundo, California-based IHS said in a report dated Jan. 17. Each year sales will grow between 15 percent and 23 percent, with shipments crossing the hundred-million-unit mark in 2015, according to the report.
“The major driver of growth will be a U.S. government mandate requiring all cars to incorporate rear-view cameras by 2014,%2