Global automotive CID panel shipments to decline nearly 10% in 2020, says Digitimes Research

Jason Yang, DIGITIMES Research, Taipei 0

Global shipments of automotive CID (central information display) panels (including those for aftermarket but excluding white-box models) are forecast to fall 9.9% on year to 80 million units in 2020 amid weakening demand for automobiles in the wake of the coronavirus pandemic and high penetration rates for cars in developed countries, Digitimes Research estimates.

The decline will widen to 14.2%, or 66.4 million units, this year if CID panels shipped to the aftermarket are excluded.

While global CID panel shipments fell 5.8% in 2019, affected largely by the US-China trade disputes, such shipments are set to continue tumbling due to supply chain disruptions forcing some automakers to suspend production and crippling consumer demand.

While manufacturing activities in China have gradually recovered and CID devices have almost become standards for new automobile models, whether the end-market demand could return to normal following the easing of lockdown measures in various countries will be crucial for reaching stabilization in global CID panel shipments.

CID panels sized in 7.x- to 8.x-inch will remain the mainstream in 2020, with the proportion of above 9-inch ones to go up gradually. The ratio of mid-sized CID panels against total shipments will decrease to 66.4% in 2020, while the ratio for 9-inch above models will move up to 18.6%.