Head-Up Display Market - By Type, By Component, By Technology, By Application & Forecast 2024

Description

List of Tables

Head-Up Display Market is poised to expand at 17% CAGR from 2024 to 2032 propelled by the seamless integration in the automotive industry. With the strong focus on enhancing driver safety and experience, several automotive manufacturers are increasingly incorporating head-up displays (HUDs) in vehicles as they provide crucial information, such as speed, navigation, and warnings, directly within the driver's line of sight for reducing distractions and improving situational awareness. Of late, the demand for technologically advanced and connected vehicles, particularly in the premium and luxury domains, is substantially rising.

Furthermore, major market participants are continuously coming up with advanced HUD systems with improved features and capabilities, augmenting the industry outlook. For instance, in January 2023, HARMAN introduced HARMAN Ready Vision, a line of AR head-up display hardware and software designed to improve driver awareness and safety.

The market is segmented into type, component, technology, application, and region.

Based on type, the conventional head-up display industry is projected to gain significant traction at over 17% CAGR from 2024 to 2032 owing to their widespread adoption in aviation and automotive applications. Advanced conventional HUDs integrate improved optics and enhanced display features. Advantages, such as reliability, cost-effectiveness, and ability to retrofit into existing vehicles will further contribute to the growing product adoption.

In terms of application, the head-up display market from the civil & aviation segment witnessed high demand in 2023 and is estimated to attain over 18% CAGR between 2024 and 2032, due to the growing emphasis on flight safety and efficiency. HUDs exhibit crucial flight data directly within the eyesight of the pilots for enhancing situational awareness. Furthermore, the commercial and private aircraft sectors are adopting safety measures at an increasing rate due to regulatory requirements, thereby supporting the segment growth.

Regionally, the Asia Pacific head-up display industry is set to exhibit over 17.5% growth rate from 2024-2032 attributed to the presence of a booming automotive sector, increased adoption of advanced technologies, and the rising consumer demand for premium vehicles in the region. Additionally, the surging consumer demand for high-tech features coupled with the jump in government initiatives for promoting road safety is accelerating the incorporation of HUDs in vehicles. Moreover, the hefty investments for the modernization of the aviation and defense sector will further accelerate the regional industry expansion.

Product Code: 7661

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Head-up display market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Type trends
2.5 Component trends
2.6 Technology trends
2.7 Application trends

Chapter 3 Head-Up Display Industry Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
- 3.8.1 Partnership/Collaboration
- 3.8.2 Merger/Acquisition
- 3.8.3 Investment
- 3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Integration with advanced driver-assistance systems (ADAS) and autonomous driving technologies
  - 3.10.1.2 Increased awareness and demand for safety features
  - 3.10.1.3 Rise of connected cars and the Internet of Things (IoT)
  - 3.10.1.4 Demand for lightweight and compact HUDs
  - 3.10.1.5 Continuous advancements in display technologies
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Technological Complexity
  - 3.10.2.2 User Adaptation and Acceptance
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
- 4.3.1 BAE Systems
- 4.3.2 Continental AG
- 4.3.3 DENSO CORPORATION
- 4.3.4 E-LEAD ELECTRONIC CO. LTD
- 4.3.5 Elbit Systems Ltd.
- 4.3.6 Garmin Ltd.
- 4.3.7 HARMAN International
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023

Chapter 5 Head-Up Display Market Estimates & Forecast, By Type (USD Million), 2018-2032

5.1 Key trends, by type
5.2 Conventional head-up displays
- 5.2.1 Windshield-based HUD
- 5.2.2 Combiner-based HUD
5.3 AR-Based Head-Up Displays

Chapter 6 Head-Up Display Market Estimates & Forecast, By Component (USD Million), 2018-2032

6.1 Key trends, by component
6.2 Software
6.3 Hardware
- 6.3.1 Video generators
- 6.3.2 Projectors/ Projection Units
- 6.3.3 Display units
- 6.3.4 Others

Chapter 7 Head-Up Display Market Estimates & Forecast, By Technology (USD Million), 2018-2032

7.1 Key trends, by technology
7.2 CRT-based HUD
7.3 Digital HUD

Chapter 8 Head-up display Market Estimates & Forecast, By Application (USD Million), 2018-2032

8.1 Key trends, by application
8.2 Military and Defense
8.3 Civil and Aviation
8.4 Automotive
8.5 Others

Chapter 9 Head-up display Market Estimates & Forecast, By Region (USD Million), 2018-2032

9.1 Key trends, by region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
9.6 MEA
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 South Africa
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 BAE Systems
10.2 Continental AG
10.3 DENSO CORPORATION
10.4 Elbit Systems Ltd
10.5 E-LEAD ELECTRONIC CO. LTD
10.6 Garmin Ltd
10.7 HARMAN International
10.8 Honeywell International Inc
10.9 Microvision, Inc
10.10 Nippon Seiki Co., Ltd
10.11 Panasonic Holdings Corporation
10.12 Pioneer Corporation
10.13 Renesas Electronics Corporation
10.14 Robert Bosch GmbH
10.15 Rockwell Collins
10.16 Saab AB
10.17 Texas Instruments Incorporated
10.18 Thales
10.19 Visteon Corporation
10.20 YAZAKI Corporation