Automotive Head-up Display (HUD) Market Trends, Growth Opportunities, Industry Revenue and Business Analysis by Forecast 2027 - Continental AG, Nippon, Delphi Automotive

The Automotive Head-up Display (HUD) market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Automotive Head-up Display (HUD) market research report recommends a business strategy for present market participants to strengthen their position in the market.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Continental AG, Nippon, Delphi Automotive, Bosch, Denso, Visteon Corporation, Johnson Controls, Inc, Yazaki Corporation, E-Lead, Garmin, Harman, Pioneer Corp, Coagent Enterprise, Founder, Springteq Electronics, RoadRover Technology

The Global Automotive Head-up Display (HUD) Market Size is Projected to Reach at a CAGR of 28.55% during 2021-2027.

Recent Developments

In recent years, it has been argued that conventional HUDs will be replaced by holographic AR technologies, such as the ones developed by WayRay that use holographic optical elements (HOE). The HOE allows for a wider field of view while reducing the size of the device and making the solution customizable for any car model. Nippon Seiki, apart from supplying HUD Mirrors to Daimler from 2019, has also moved toward merging two of its subsidiaries to achieve more efficiency and better business opportunities.

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Market Overview

With the global dip in new automotive sales and used automotive vehicle sales due to the COVID-19 pandemic, the head-up display market has seen a downward curve in terms of market value. With no sales being registered, the research and development of new technology that can be employed in the technology were carried out remotely, but the chip fabrication was halted due to the shutting down of assembly lines. Post the pandemic, with the estimation of an increase in new vehicles and used automotive sales, the market expects to grow and increase the economics of the market.

Head-up displays have been popular since the mid-20th century and were primarily used in aircraft. However, during the 1950s, attempts were made to test this technology for cars. Currently, most of the luxury car manufacturers, such as BMW, Audi, Volvo, Mercedes-Benz, etc., equip their vehicle model range with HUD.
The HUD market is expected to achieve high growth rates across the world. The technology is not entrenched and is still in the growing phase in many of the developing markets.

Covid-19 Impact and Recovery Analysis:

The number one goal of this Automotive Head-up Display (HUD) Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Automotive Head-up Display (HUD) market document.

Automotive Head-up Display (HUD) market Segmentation By Type:

Windshield Projected HUD

Combiner Projected HUD

Automotive Head-up Display (HUD) market Segmentation By Application:

Premium Car

Luxury Car

Mid Segment Car

Others

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Regional Analysis:

The United States is Driving the North American Market

According to a study conducted by the NHTSA, about 80% of the accidents happening in the United States are caused due to driver distraction. With the rapid technological developments happening in the automotive industry, HUDs have helped drivers in viewing not only vehicle information but also the nearby environment information. Drivers can be alerted with several notifications, such as a phone call, driving speed, navigation, and imminent collision when the vehicle ahead is braking, etc.

The prominence of the United States in automotive safety makes North America one of the leading geographies in the automotive HUD market scenario, after Europe. Stringent safety norms mandated by various international agencies are expected to boost the adoption rate of safety systems for driver assistance, which, in turn, is expected to help maneuver the market for these systems in the country by 2026.

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Market Trends

Increased Adoption Rate of Windshield HUD

Automobile manufacturers and HUD suppliers have been continually working in developing better systems for cars. These HUDs have evolved beyond the bulky navigation that was available a few years ago. These systems are now capable of displaying compass direction, warning messages, and radio information, etc., on the windshield.

Utilizing advanced technologies, like liquid crystal display (LCD) and light-emitting diodes (LED), delivers the advantage of displaying bright, vibrant images on the windshield. The consistent technological advancements have evolved them to be less expensive to manufacture. The new projection technologies, including micro mirror-based devices based on electromechanical systems, are coming into the market, which will aid in creating brighter displays with the usage of more colors. The factors that are expected to drive the growth of the display systems market are the low cost and innovative display technologies.

Significant Features and Key Highlights of the Reports:

– Detailed overview of Automotive Head-up Display (HUD) Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Automotive Head-up Display (HUD) Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Automotive Head-up Display (HUD) industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Automotive Head-up Display (HUD) marketplace in the during the forecast period?
Impact of COVID-19:

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Automotive Head-up Display (HUD) market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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