Head-up Display (HUD) Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 -Nippon Seiki, Continental, Yazaki Corporation, Denso

The Head-up Display (HUD) Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Head-up Display (HUD) Market Size is Projected to Reach at a CAGR of 20% during 2021-2026.

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Market Overview:

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.
The North American and European automobile markets are two of the most technology-sensitive markets, and the HUD systems can be witnessed only in select automobiles in these markets. The higher growth rates for HUDs in the Asia-Pacific are expected due to the increasing demand for luxury cars. However, in effect, the North American market is expected to witness higher levels of activity in the HUD market.
Existing manufacturers of aircraft HUD systems are expected to tap the automobile HUD market. However, the reduction in costs and the downsizing of technology are expected to be the major challenges for these manufacturers.

Top Leading Companies:

Nippon Seiki, Continental, Yazaki Corporation, Denso, Bosch, Visteon Corporation, E-Lead, Foryou Multimedia Electronics, Garmin, HUDWAY, Pioneer Corp, Envisics, Hudly, RoadRover Technology

Recent Development:

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.
In October 2018, Continental developed an augmented reality HUD that features new waveguide technology, which enables large-area augmentation in the driver’s field of view.
In February 2019, Nippon Seiki announced an investment of JPY 1 billion in order to expand the production capacity of its HUD and to establish a new production facility, which can manufacture onboard gauges and displays in Lodz, Poland. The new facility will start full-scale operations by October 2020.
In September 2019, Denso announced an integrated HMI (Human Machine Interface) digital cockpit system with BlackBerry QNX technology for the 2020 SUBARU Legacy and Outback (US model).

Head-up Display (HUD) Market Segmentation by Type:

C-HUD
W-HUD
AR-HUD

Head-up Display (HUD) Market Segmentation by Application:

Mid Segment Vehicle
Luxury Car
Others

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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 manoeuvre the market for these systems in the country by 2026. With a steady transformation in the country's automotive industry, there is considerable market penetration and mass adoption of safety systems, especially among the passenger vehicle segment. Commercial vehicles, like pick-up trucks, have also started adopting these systems to improve the driver’s visibility and reduce accidents at night.

Regional Head-up Display (HUD) Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Head-up Display (HUD) Market Report:

Detailed overview of Head-up Display (HUD) Market
Changing the Head-up Display (HUD) market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Head-up Display (HUD) market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Head-up Display (HUD) Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Head-up Display (HUD) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Head-up Display (HUD) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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