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Head Up Display (HUD) Market Report Forecasts High Growth by 2022 - Scalar Market Research

08-02-2017 01:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Scalar Market Research

Head Up Display (HUD) Market Report Forecasts High Growth by 2022

According to the report, “Head Up Display (HUD) Market, by Application (Automotive, Aviation, Wearables) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022”, the market for head up display (HUD) is expected to grow at a healthy Compound Annual Growth Rate (CAGR) during the forecast period.

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Head up Display (HUD) is a transparent display that offers all the information to the driver about the road ahead without making them look away from the road. This is a major innovation which is offering safety and accurate information to the drivers. Initially HUD were used only for defense and military applications, however with their safety features, the device is extensively being used in commercial automobiles, aircrafts and in wearable devices. HUD generally comprises of a projector unit, a display system, programmed computer, and connecting chords. The entire assembly offers the best safety system to the user. In premium cars, the HUD system can be connected with adaptive cruise control offering speed with safety for better user experience.

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KEY PREMIUM INDUSTRY INSIGHTS

1. Easy integration of smartphones and low product cost are some of the major factors contributing towards the growth of the head up display market. They are being promoted globally because of the safety they offer to the drivers helping them by avoiding distractions.

2. Global Positioning Systems (GPS) and augmented reality can be integrated with the head up display offering more facilities to the user. This feature is boosting the market growth. Growth in economies is also powering the growth of the HUD market.

3. Young generation is becoming techno savvy and wants all the information at their fingertips even while they cannot have access to their smartphones and laptops. They are also opting for safer a driving practice which is favoring the market growth.

The head up display market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor for the HUD market. In developed and developing nations there is an increase in the awareness about safety while driving, which is contributing towards the growth of HUD market. Large technology companies are making huge investments in the research and development of the head up display technology. Europe region is also witnessing a rapid market growth due to presence of large automobile industry and increasing awareness among the people about safe driving practices.

MARKET SEGMENTATION

This report analyzes the head up display (HUD) market by the following segments:

Head Up Display (HUD) Market, by Application
1. Automotive
2. Aviation
3. Wearables

KEY MARKET PLAYERS

Key players in the head up display (HUD) market include:

1. BAE Systems
2. Continental AG
3. DENSO Corporation
4. Elbit Systems
5. Visteon Corporation
6. YAZAKI Corporation
7. Robert Bosch LLC
8. Rockwell Collins
9. Thales Group

Browse Report: https://www.scalarmarketresearch.com/market-reports/head-up-display-hud-market

About Scalar Market Research

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at: www.scalarmarketresearch.com

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