Automotive HUD Market Growth Set to Surge Significantly during 2022 - 2028

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 the middle of the dashboard and ensure safety on the road. The technology is increasingly being used in luxury cars and expected to be used in mid segment vehicles.

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Companies Profiled in this report includes:  Continental Automotive GmbH, DENSO CORPORATION, HARMAN International, Nippon Seiki Co., Ltd., Panasonic Automotive Systems Europe GmbH, Pioneer Corporation., Renesas Electronics Corporation, Robert Bosch GmbH, Visteon Corporation, Yazaki Corporation

MARKET SEGMENTATION

The global automotive HUD market is segmented on the basis of type, technology, and vehicle type.

Based on type, the market is segmented as combiner HUD and windshield HUD.

On the basis of the technology the market is segmented into conventional HUD and augmented reality HUD (AR HUD).

Based on vehicle type, the market is segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV).

MARKET DYNAMICS

Drivers:

Increase in awareness about passenger and vehicle safety.

Restraints:

Requirement of greater space in the cockpit for the installation of HUD.

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IMPACT OF COVID-19ON AUTOMOTIVE HUD MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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