Automotive HUD Market To Exhibit Impressive Growth during 2018– 2025| By : Robert Bosch GmbH, DENSO, Visteon Corporation, Nippon Seiki B.V., Pioneer Electronics, Yazaki Corporation, HARMAN International, MicroVision Inc., LG Display, Apple, Panasonic, C
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Automotive HUD Market is expected to reach USD 3336.15 million by 2025, from USD 737.1 million in 2017 growing at a CAGR of 20.71% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
According to an article published recently by trading economics, the sales of vehicles in chine will rise by 9.6 % in the year 2018 and around 2.29 million units have been sold by the end of the May in 2018. For instance, , in 2016, the International Council on Clean Transportation, the Europe hybrid-electric vehicles market share grew by 1.8% of all new cars. In Spain, the hybrid car market share increased by 2.7% in 2016 from 1.8% in 2015. This shows that the automotive sector is growing which in turn is driving the demand of automotive HUD.
Competitive Analysis :
The global automotive HUD market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Automotive HUD market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2018, Apple company has filed a patent for an augmented reality windscreen that would turn a car windscreen into a large HUD.
Key Market Competitors:
The key players operating in the global automotive HUD market are –
• Delphi Automotive PLC
• Rockwell Collins
• BAE Systems,
• Robert Bosch,
• Continental AG,
• Denso Corporation,
• Visteon Corporation,
• Nippon Seiki Co.,Ltd.,
• Pioneer Corporation,
• Yazaki Corporation,
• Microvision, Inc.,
• LG Display,
• Apple Inc,
• Ashfield Capital Partners LLC,
• Agilent Technologies Inc,
• Nisaan, Mazda,
• among other.
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• Growing awareness about passenger and vehicle safety
• Raising demand for connected vehicles
• Demand of electric vehicles in the automotive industry
• Requirement of more space in the automotive cockpit
• High cost of advanced HUD systems
Automotive HUD Market Segmentation:
By HUD Type
• Windshield HUD
• Combiner HUD
• Mid-Segment Vehicle
• Luxury Vehicles
• Economic Vehicle
By Fuel Type
• Internal Combustion Engine (ICE)
• Battery Electric Vehicle (BEV)
By Vehicle Type
• Passenger Cars
• Commercial Vehicle
• North America
• South America
• Middle East & Africa
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global automotive HUD market
• Analyze and forecast automotive HUD market on the basis of HUD type, end user, fuel type and vehicle type.
• Trends of key regional and country-level markets for product HUD type, end user, fuel type and vehicle type.
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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