Agency: Chinese manufacturers will account for more than half of global automotive display panel shipments in 2024
In 2024, driven by favorable policies, China's automobile market will achieve rapid development, leading to a significant improvement in the strength of the local supply chain. The latest data from market research firm Omdia shows that 53% of global automotive display panel shipments in 2024 will come from mainland Chinese manufacturers, among which BOE ranks first with an overall market share of 18%. Tianma Microelectronics ranks first in the original equipment market with an 18% market share, and its shipments increased by 25% year-on-year. The overall shipment volume of the automotive original equipment market increased by 9.5% year-on-year to 202 million pieces, indicating that the resources of the industrial chain are accelerating to concentrate on the original equipment market.