Market Research Report
Global Automotive Head-Up Display (HUD) Market Research Report - Forecast till 2025
|Published by||Market Research Future||Product code||960204|
|Published||Content info||136 Pages
Delivery time: 1-2 business days
|Global Automotive Head-Up Display (HUD) Market Research Report - Forecast till 2025|
|Published: April 29, 2020||Content info: 136 Pages||
Global Automotive Head-Up Displays (HUD) Market in terms of value is estimated to register a 24.09% CAGR during the forecast period. The automotive OEMs are estimated to implement augmented reality (AR) HUDs with a long virtual image distance and large display area to avoid driver distraction and achieve situational awareness by embedding the advanced driver assistance system (ADAS) information. Traditional HUDs are produced in large sizes hence they are difficult to integrate into the instrument cluster. To overcome this inconvenience, HUD manufacturers are developing and launching new technologies for HUDs used in vehicles to enable the driver to find directions, send messages, and play music while driving.
The global Automotive HUD Market is defined by the existence of many global, regional, and local vendors. The global market is in the initial growth stage and the manufacturers are expected to invest heavily in collaborations and partnerships with the integrators and automotive OEMs. The vendors compete based on cost, quality, and reliability of the technology in the systems of the vehicle. Vendors need to provide cost-effective and high-quality products and services to survive and succeed in an intensely competitive market environment.
The growth of market players is attributed to market conditions, end-use industry growth, and technology developments.
The Global Market for Automotive HUDs has been divided by component, product type, fuel type, and end-user.
By component type, the global automotive HUD market is classified into video generators, projectors/projection units, display units, software, and others. Based on Product Type, the global automotive HUD market is divided into Windshield HUD and Combiner HUD.
Based on Technology Type, the global automotive HUD market is categorized into AR and conventional. In terms of the Fuel segment, the global automotive HUD market is bifurcated into ICE and electric. By the End-User sector, the global automotive HUD market is classified into economic cars, mid-segment cars, and luxury cars.
Geographically, the Global Automotive HUD Market is categorized into North America, Asia-Pacific, Europe, and the rest of the world.
Europe is expected to exhibit the largest market share in the global automotive HUD market. The regional market growth is propelled by the increasing consumer awareness about vehicle safety through the incorporation of HUDs and other safety components.
Asia-Pacific contributed a substantial share in the global automotive HUD market. The region is expected to witness the fastest growth during the study period owing to the enhanced sales of premium passenger vehicles, the growing automotive aftermarket industry, availability of cost-effective raw materials and labor, and the increasing automotive component market.
The major market players of Automotive Head-Up Displays (HUD) are Robert Bosch GmbH, Continental AG, Panasonic Corporation, Denso Corporation, Visteon Corp., Yazaki Corporation, Pioneer Corporation, Nippon Seiki Co., Ltd., Alps Alpine Co., Ltd., and Garmin Ltd.
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