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Automotive Head-up Display Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023

03-04-2019 02:09 PM CET | Tourism, Cars, Traffic

Press release from: Planet Market Reports

Automotive Head-up Display Market – Global Industry

Rapid advancements in vehicle technology and increasing demands of high end luxury and mid-sized vehicles are considered to be the key growth drivers for global Automotive Head Up Display Market. The use of display in automobiles is regarded as a luxury spec which is specifically reserved for high end vehicles.

Moreover, the surging adoption of advance driver assistance system ADAS technology due to rising consumer interest and stringent government regulations is also stimulating the market growth globally. Owing to such factors, global automotive head up display is expected to reach $2.8 billion by 2024. However, the excessive cost of the system, emergence of alternate options and growing concern over distracted driving are considered to be the major restraining factors for the market growth.

Insights Presented in the Report:

Based on different product types, global automotive head-up display market is bifurcated into windshield HUD and combiners HUD. Windshield HUD held the largest market share in 2017 and is expected to maintain its dominance over the forecast period 2018-2024 . On the other hand, easier installation capabilities due to the compact size of combiners HUD is expected to fuel their demand, making combiners HUD the fastest growing product type during the forecast period.

Global HUD market is further segmented on the basis of different technologies this includes, conventional and augmented reality. In 2017, augmented reality held the maximum share however, the rise in adoption of conventional technologies in mid-priced and economic vehicle segment is expected to propel their demand making them the fastest growing segment during the forecast period 2018-2024.

Access Full Report with TOC @ https://www.planetmarketreports.com/reports/global-insights-on-automotive-headup-display-market-2971

To understand the market of different distribution channels of global HUD industry, the market is fragmented across two channels, this includes OEMs and Aftermarket. OEMs segment dominated in 2017 with a market value of $455.9 million and is expected to remain the principal distribution channel during the forecast period.

Moreover, the market penetration of HUD is increasing across the entire vehicle segments, such as Luxury Cars, Passenger Cars and Commercial Vehicles. Because of largest market and high market penetration of HUD in passenger cars, this segment held the maximum share in 2017 and is anticipated to dominate over the forecast period.

For a deep dive analysis of global automotive HUD market, the market is further split into several regions, such as North America, Europe, Asia Pacific, Middle East and North Africa and Latin America. In addition to this, regional segments are further studies for different countries within the region. North America was estimated as the largest automotive HUD market in 2017, however by 2024 Asia Pacific is anticipated to dominate the global market. In North America, the increasing stringent regulations on driver alertness, presence of several Tier 1 and OEMs and rise in focus towards ADAS and autonomous vehicles are attributed to monitor the automotive HUD market.

Top Companies Profiled

Some of the top companies profiled in the research report includes Visteon Corporation, Harman International Industries, Inc., Continental AG, TomTom NV, AUDI AG, Daimler AG, Robert Bosch GmbH, Denso Corporation, Aptiv Plc and Yazaki Corporation

Reasons to buy the Report:

The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry

Browse a Free Sample Report @ https://www.planetmarketreports.com/report-sample/global-insights-on-automotive-headup-display-market-2971

Customization Options:

The Global Automotive Head up Display Market can be customized to regional/country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

Customizations available

With the given market data, Planet Market Reports offers customizations according to specific needs. Write to us at sales@planetmarketreports.com

About Us:

Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe. We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.

We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.

Contact Information:

Name: Jennifer Daniel

Email-Id: sales@planetmarketreports.com

US: +1-716-2260907

UK: +447441952057

Organization: Planet Market Reports

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