openPR Logo
Press release

Drivers responsible for growth of Head-up Display Market in North America region are increasing awareness about active safety systems in automobile & aircraft manufacturing business

11-15-2018 01:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Drivers responsible for growth of Head-up Display Market

Head-up display (HUD) is in form of transparent screen present in front of user. It is an innovative technology developed to assist drivers and pilots to view dashboard data in the user’s field of view. HUDs were previously developed using cathode ray tube (CRT) technology, but are currently available with Liquid Crystal Display (LCD) technology, which gives clearer picture to user. This technology enables users to maintain concentration while driving or flying, thus ensuring their safety. HUD systems are satisfying the security, safety, comfort, and entertainment requirements of its users. HUDs are widely used in commercial and defence airplanes, automobiles, and gaming applications. HUDs in airplanes display information regarding position, radar information, flight path, acceleration, and real time position, which helps pilots to react in timely and rapidly manner. This innovation has slowly made its way into the automotive industry and is currently being considered amongst the prominent driver assistance systems. HUDs in automobiles display GPS information, speed, and engine details on to the windshield of vehicles.

Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-na-203

HUD market is expanding because of continuous development in various devices. Advancements in Personal Digital Assistant (PDA) devices and smartphones has triggered the growth of HUD technology, as these small electronic gadgets can be used as complement of HUD for various applications. Besides these advancements, new prototypes have been developed for implementation of this technology in two-wheeler helmets and on-board diagnostic features, thus opening up new scope for applications. Major advantage of Head-Up display is that, it allows driver or pilots to concentrate on their path & simultaneously read any important operational information on the display, it minimizes the possibilities of accidents and gives easy access to information. Some major concern for Head-up display is that many times it creates distraction while driving if continuously any text or voice message flashed. In automobile industry such devices comes with technology of portable multimedia which can read or display your emails, which is also a big distraction.

Drivers responsible for growth of HUD market in North America region are increasing awareness about active safety systems in automobile & aircraft manufacturing business. Increasing demands of premium and luxury cars also encourages growth of HUD market as HUD act as value added feature for these cars. Luxury car manufacturers like AUDI, BMW and Mercedes are collaborating with HUD manufacturers to introduce HUDs in their cars. HUD technology is still in its initial stages of development, hence required huge amount of investment on research and development activity which is a restraining factor for the growth of market. HUD devices are yet not very much popular for ordinary consumers which also has a small impact on growth of market.

North American HUD market is segmented on the basis of countries, components, technology and applications. It includes countries like U.S and Canada. By components it can be further sub segmented into projection unit, combiners, video generator, display panel, and others. By technology it can be sub segmented as Optical waveguides, Led technology, Cathode ray tube technology, and others. Applications of HUDs are primarily for Military & civil aviation but currently they are used in automobile, infotainment and gaming and sports also.

Read Comprehensive Overview with TOC of Report @ https://www.futuremarketinsights.com/toc/rep-na-203

Key players in HUD market for North America region are Recon Instruments Inc., Johnson Control Inc., Head Up Technologies Inc. and Liteye Systems Inc. etc. These players are focusing more on research and development activities. In 2013, Recon instruments received significant amount of investment from Intel Capital, which they decided to use for marketing, global sales expansion and product development activity. HUD market is expected to grow rapidly in near future due to increasing use of this technology in automobile industry. Currently, penetration of this technology is under 5% in the automobiles industry, which will increase in future period because of growing awareness towards safety systems.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Drivers responsible for growth of Head-up Display Market in North America region are increasing awareness about active safety systems in automobile & aircraft manufacturing business here

News-ID: 1373725 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for HUD

Automotive Augmented Reality Market Forecast to 2028 - Covid-19 Impact and Globa …
The consistent evolution of the augmented reality technology has had its impacts on the automotive industry too. The rapidly evolving demands for the AR technology in the automotive sector ensures and focuses on driver safety. The head-up displays (HUDs) provide comfort for the driver for reading the things displayed as well as provide a comprehensive vision to surrounding factors. The HUDs are equipped with transparent displays and guide the driver
Automotive HUD Market Forecast to 2028 - Covid-19 Impact and Global Analysis - b …
Automotive head up display (HUD) refers to a transparent display that projects the map and several other information on the windshield of the vehicle. The HUD takes information related to the vehicle's information from OBD port and entertainment, map, call related information from the phone. The idea to mount an HUD on the dashboard in front of the driver's seat is to minimize the distraction of infotainment system placed on
Automotive Augmented Reality Market Forecast to 2028 - Covid-19 Impact and Globa …
The consistent evolution of the augmented reality technology has had its impacts on the automotive industry too. The rapidly evolving demands for the AR technology in the automotive sector ensures and focuses on driver safety. The head-up displays (HUDs) provide comfort for the driver for reading the things displayed as well as provide a comprehensive vision to surrounding factors. The HUDs are equipped with transparent displays and guide the driver
Automotive Head Up Display Market Assessment Covering Growth Factors and Upcomin …
The two major product categories of the automotive Head-Up display technology are Windshield HUD and Combiner HUD. In 2018, windshield HUD dominated the global automotive HUD market, thereby, generating a market size of US$ 794.06 million by 2020. In contrast, the combiner HUD segment is expected to increase at the highest CAGR of 25.5% during the forecasted period. The key growth drivers for the global automotive HUD market could be
Automotive Head-up Display (HUD) Industry HUD Technologies, Key Players, Demands …
Automotive Head-up Display (HUD) Industry Report: Installation of OEM HUD for Passenger Cars Soared by 94.1% Year on Year in China in 2018 In 2018, 308,900 units of OEM HUDs were installed in passenger cars in China, a 94.1% upsurge from a year earlier, according to our recent report -- Automotive HUD Industry Report, 2018-2019. We worked out 2019Q1 lists of passenger car HUD supplier ranking by competitiveness with efforts from secondary
Global Market Insights on Automotive Head-up Display, 2019-2024: Emphasis on Pro …
Safety and security is the major aspect that could act as a driver for the Automotive Head-Up Display market. This aspect has always been crucial for the consumers as well as the auto manufacturer's perspective. In case of accidents, the Automotive Head-Up Displays can send an SOS message along with the coordinates of the driver's location. In case of theft, the owners can track their vehicles easily using a smart