openPR Logo
Press release

Automotive Head Up-Display (HUD) Market | MarketsandMarkets

08-13-2021 12:16 PM CET | Tourism, Cars, Traffic

Press release from: MarketsandMarkets

Automotive Head Up-Display (HUD) Market | MarketsandMarkets

The Automotive HUD Market is estimated to be worth $866 million in 2020 and is projected to reach $3,372 million by 2025, at a CAGR of 31.3% during the forecast period.

The market is driven by increased customer awareness about road and vehicle safety, demand for improved consumer experience in vehicles, and high growth in the luxury and high-end cars segments, mainly in the emerging markets.

Some of the leading manufacturers and suppliers of the automotive HUD market are Bosch (Germany), Continental (Germany), Denso (Japan), Visteon (US), Nippon Seiki (Japan), Panasonic (Japan), Pioneer (Japan), Yazaki (Japan), and others.

The automotive HUD market in Europe is estimated to be the largest in the year 2020, by value. The market growth in the region can be attributed to the high luxury vehicle production capabilities coupled with the presence of leading HUD manufacturers such as Bosch and Continental. Further, increasing purchasing power and high demand for luxury and convenience features will propel the growth of the market in this region. Increased production levels of automobiles, high adoption of advanced technologies in automotive electronics, and rapid progress of semi-autonomous and autonomous vehicles are also expected to boost the demand for automotive HUD in this region.

Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=11272971

The report segments the Automotive HUD market by dimension type into 2-D and 3-D categories. Most of the vehicles are using 2-D projection at present, but with changing high-end technology, the 3-D projection has emerged as an improved projecting alternative. A 2-D representation can be supportive of fast perception because the shape of the object has an easy symbolic style. Traditional 2-D HUD projects information at a certain distance away from the driver. The increasing focus of OEMs towards volume adoption of combiner HUDs in mid-segment will propel the 2-D HUD market.

The report segments automotive Head-Up-Display (HUD) market by type into the windshield and combiner HUD. The windshield HUD segment is estimated to hold the largest market share during the forecast period owing to its preference by OEMs. In addition, this type of HUD integrates multiple functions, provides higher resolution and better visuals, and can also be used for augmented reality HUD. However, the price of the windshield HUD is higher than that of the combiner HUD. Combiner HUDs are preferred in mid-segment vehicles because of their cost-effectiveness and offer cost-effective systems with a compact field of view and limited colour definition. The combiner HUD segment is projected to grow at the highest CAGR of 44.8% during the forecasted period.

Purchase Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=11272971

The report segments the automotive HUD market by vehicle class into economic, mid-segment, and luxury. The luxury car segment is estimated to be the largest segment of the automotive HUD market during the forecast period. The leading vehicle manufacturers introduced their innovative and advanced features in this segment to stand out from the rest, which eventually fuels the growth of this segment. The mid-segment car market is projected to register the fastest growth. The growth of this segment can be attributed to the use of combiner HUDs, which provide enhanced optical quality and increased brightness on a smaller display placed on the dashboard. This technology helps to meet compact space requirements, which in turn increases its adoption by OEMs.

The report segments the automotive HUD market by sales channel into OEM and aftermarket. Major Tier 1 HUD manufacturers have innovative HUD offerings and strong OEM partnerships. For instance, Continental offers scalable HUD solutions for different models and markets. It delivers individual/customized solutions to the OEMs. More customized HUD solutions would encourage OEMs to adopt HUDs in more vehicle models in the coming years. Aftermarket head-up displays are inexpensive compared to OEM-offered HUDs. Aftermarket HUDs can be installed in any vehicle and offer good visibility.

View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-head-up-display-market-11272971.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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 Automotive Head Up-Display (HUD) Market | MarketsandMarkets here

News-ID: 2354524 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for HUD

MORE Registered Granted HUD Approval to Facilitate Purchase of HUD-Owned Propert …
The designation will allow MORE Registered to support buyers and investors interested in HUD-owned homes, expanding its services. MORE Registered , a leading commercial real estate brokerage in Los Angeles, today announced it has received approval from the United States Department of Housing and Urban Development (HUD) to assist in the purchase of HUD-owned properties. This authorization marks a significant milestone, allowing MORE Registered to broaden its scope of services to
W HUD and AR HUD Research:CAGR of 18.4% during the forecast period
W HUD and AR HUD Market Summary The head-up display (HUD) of a car uses projection technology to project important information onto a holographic half mirror, so that the driver can see the important information without having to lower his head. The HUD system overlays vehicle information such as speed, warning signs and indicator arrows on the windshield, allowing the driver to stay focused on the road while receiving information that
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