Automotive Head-Up Display Market Pegged for Robust Expansion by 2025

Stratview Research has announced a new report on the Automotive Head-Up Display Market. According to the report, the market size is projected to grow at an impressive double-digit CAGR of >22% over the next five years to reach US$ 1.87 billion in 2025.

Market Segmentation
The Automotive Head-Up Display Market is segmented by Vehicle Type (Luxury Cars, Sports Cars, Mid-Segment Cars, and Basic Segment Cars), by Product Type (Windshield and Combiner), by Component Type (Display Combiner, Display Panel, Projector, Video Generator, Software, and Others), by End-User Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to the report, the market is segmented based on vehicle type: luxury cars, sports cars, mid-segment cars, and basic-segment cars. Luxury car is projected to remain the largest segment in the automotive head-up display market during the forecast period of 2020 to 2025. All major luxury car manufacturers, such as BMW, Mercedes-Benz, and Audi are incorporating the head-up display into some of their models. These luxury car manufacturers are also working with the head-up display manufacturers to introduce these systems into their mid-segment cars. This will drive the demand for head-up displays in the mid-segment cars in the coming five years.

The automotive head-up display market is further segmented based on product type as windshield and combiner. Windshield projector is expected to remain the largest product type in the global automotive head-up display market during the forecast period, driven by higher use in the luxury vehicles. Both projector types (windshield and combiner) are likely to witness the double-digit growth rates over the next five years, however, combiner projector based head-up display is expected to grow at a much higher rate in the same period, propelled by its low cost and smaller in size.

OEM is expected to remain the largest end-user type in the global automotive head-up display market over the next five years, driven by increasing adoption from luxury to mid-segment carmakers. There is also a good growth expected in the aftermarket in the same period.
North America is expected to remain the most dominant market in the global automotive head-up display during the forecast period, driven by increasing adoption of HUDs in the new models. There are more than 40 vehicle models available in the United States with standard or optional head-up displays, up from 10 models seven years ago.
How stakeholders can benefit from this report –

This report covers a thorough analysis of the following segments:
- Automotive Head-Up Display Market Dynamics.
- Market Size and forecast from 2020 till 2025.
- Supply & Demand Value Chain.
- Automotive Head-Up Display Market Current Trends/Issues/Challenges.
- Competition & Companies involved.
- Effecting Technology.
- Automotive Head-Up Display Market Drivers and Restraints.

Research Methodology
The report provides a thorough analysis that reflects today’s Automotive Head-Up Display Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating the growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.

Key Players
The following are the key players in the Automotive Head-Up Display Market.

• Nippon Seiki Co., Ltd.
• Continental AG
• Denso Corporation
• Visteon Corporation
• Yazaki Corporation
• Pioneer Corporation
• Panasonic Corporation
• Robert Bosch GmbH
• Delphi Automotive Plc
• MicroVision Inc.

Read More: https://www.stratviewresearch.com/134/automotive-head-up-display-market.html

Report Customization Options
With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:
- Company Profiling -Detailed profiling of additional market players (up to three players)
- Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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This release was published on openPR.