According to the report, demand for global automotive heads up display market is expected to reach USD 1,291.68 million in 2021 and is anticipated to grow at a CAGR of slightly above 21.68% between 2016 and 2021. In terms of volume, the global automotive heads up display market stood at above 1.26 million units in 2015.
An automotive heads-up display also known as an auto-HUD is a transparent display that displays data in the car without requiring users to look away from their usual viewpoints. Automotive HUD displays information onto a transparent screen, a combiner, or windshield. It provides used extensively for various applications in automotive and aviation areas. The situational awareness and enhance safety margins in automotive and aviation areas are increased due to the heads-up display. HUD consists of combiner, projector unit, display panel, and video generator.
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A key factor for driving automotive heads-up display market is increasing demand for cars internationally. The global car market is growing at a rapid pace due to the rising disposable income in developed as well as developing countries. China is the largest producer of mid-size cars worldwide, making it one of the largest addressable mid-size cars HUD markets. With an increasing number of installations of cars, demand for mid-size car and the premium car is expected to increase. Moreover, advances in the technology and entry of the new players in the global automotive heads-up display market are expected to lower down the price of heads-up displays. This, in turn, is expected to boost the demand for automotive heads-up display market. However, high installation cost and uncertain economic conditions in developing countries such as China and India are expected to hold the growth of automotive heads-up display market.
Combiner-projected HUDs and windshield-projected HUDs are the product segments of the automotive heads-up display market. Windshield-projected HUDs segment dominated the automotive heads-up display market in 2015 and accounted for significant share of the total market in terms of volume. Windshield-projected HUDs are witnessing strong demand from end users such as automotive.
Browse the full “Global Automotive Heads-up Display (HUD) Market (Combiner-projected HUD’s, Windshield-projected HUD’s) for Mid-size Car and Premium Car- Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021” report at https://www.zionmarketresearch.com/report/automotive-heads-up-display-market
Automotive heads-up display market was dominated by North America and acquired the significant share in total 2015. North America was followed by Asia Pacific. Asia-Pacific is expected to witness the significant rise in automotive heads-up display market due to the large demand from emerging countries like China and India.
Some of the key industry participants in global automotive heads-up display market include Panasonic, Nippon Seiki, Delphi Automotive, Continental, Denso Corporation, Microvision Inc., Yazaki Corporation, and Visteon Corporation.
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This report segments the global market as follows:
Global Automotive HUD Market: Product Segment Analysis
- Combiner-projected HUD’s
- Windshield-projected HUD’s
Global Automotive HUD Market: End-user Analysis
- Mid-size Cars
- Premium Cars
Global Automotive HUD Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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