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Automotive Head-up Display (HUD) Market Insights 2022 by Size, Share, Market Scenario, Competitive Landscape, Key Regions and Forecast to 2027 - Continental AG, Nippon

01-13-2022 06:48 AM CET | Logistics & Transport

Press release from: Market Insights Reports

The Automotive 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 market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Automotive Head-up Display (HUD) market growth.

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Market Overview

The automotive head-up display (HUD) market registered about USD 1 billion in 2020, and it is expected to register a CAGR of over 24% during the forecast period, 2022-2027.

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.

Top Leading Companies:

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

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. 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.

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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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 2027.

Regional Automotive 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 Automotive Head-up Display (HUD) Market Report:

Detailed overview of Automotive Head-up Display (HUD) Market
Changing the Automotive Head-up Display (HUD) market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Automotive Head-up Display (HUD) 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 research includes historic data from 2016 to 2022 and forecasts until 2027 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 Automotive 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. Automotive Head-up Display (HUD) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

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