Press release
Head-Up Display Market 2018 Share, Trend, Segmentation And Forecast To 2022
Market HighlightsHead-up displays are display units that allow users to view from their own focus angle. These display units project information onto the front glass of the vehicle/aircraft and fit it permanently into the driver’s field of vision. As these displays are fit into the driver’s field of vision, there are very low chances of occurrence of accidents due to increased safety with all attention towards the traffic.
The driving factors for head-up display market include advancement of technology in military and aviation sector. The increase in growth of passenger traffic has led to increase in demand of head-up displays in civil aviation sector. The increasing demand for head–up displays in order to improve the consumer experience in vehicle/aircraft to ensure safety is also one of the major driving factor for growth of head-up displays in the market. The advantage of using these displays is that it saves time for people who spend their time looking around the car for their cell phones or any other work. One of the major drawbacks of using head-up displays is that the light efficiency is low due to complex structure of optical system provided in head-up displays
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Major Key Players:
Penny AB (Sweden),
Hudway (U.S.),
Robert Bosch GMBH (Germany),
Yazaki Corporation (Japan),
Denso Corporation (Japan),
Esterline Technologies Corporation (U.S.),
Micro Vision Inc. (U.S.),
Saab Automobile AB (Sweden),
Visteon Corporation (U.S.),
Honeywell Aerospace (U.S.),
BAE Systems Inc. (U.K.),
Continental AG (Germany),
Nippon Seiki Co. Ltd (Japan),
The head-up display market is growing rapidly over 24% of CAGR and is expected to reach at USD ~11 billion by the end of forecast period.
Regional analysis for head-up display market is studied in different geographic regions such as North- America, Europe, Asia-Pacific and Rest of the World. North America is expected to be leading player due to increasing demand of premium/luxury cars which have value added features for these cars. Europe is estimated to acquire second largest market share due to increasing need of information paired with safety concerns in automotive industry.
Head-up Display Market Segmentation:
The head-up display market is segmented on the basis of type, component and application. The application segment consists of automotive industry, military and civil aviation sector. By application segment, there is increasing demand for head-up displays in automotive, military and civil aviation sector. Head-up displays are provided for all vehicle classes from small vehicles to luxury classes. These displays allow users to stay focused on the information provided on the display screen and reduce the chances of distraction. These displays are also used for fighter jets where the military pilots get detailed information about the distance, speed, and range.
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Market Research Analysis:
Head-up displays provide sharp and clear image as they project images directly into the user’s eye. As head-up display requires time to get installed in cars or motor vehicles, head-up display apps can be downloaded which are free of cost as compared to installing head-up display units in cars or motor vehicles. The increasing passenger traffic in cars due to increase in disposable income of consumers has led to increase in demand of head-up display units in automotive industry.
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 HEAD-UP DISPLAY MARKET: BY TYPE (%)
FIGURE 3 HEAD-UP DISPLAY MARKET: BY COMPONENT (%)
FIGURE 4 HEAD-UP DISPLAY MARKET: BY APPLICATION (%)
FIGURE 5 HEAD-UP DISPLAY MARKET: BY REGION (%)
Continued…..
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