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Head-Up Display Market Analysis, Forecast, Growth Impact and Demand by Regions till 2023

The head-up display market was valued at USD 1.02 billion in 2017 and is expected to reach USD 4.71 billion by 2023, at a CAGR of 29.91% during the forecast period. HUDs are used in commercial aircraft and automobiles including premium/luxury cars and sports cars.”

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Head-Up Display Market Analysis, Forecast, Growth Impact and Demand by Regions till 2023

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  1. Head-Up Display Market Analysis, Forecast, Growth Impact and Demand by Regions till 2023 “The head-up display market was valued at USD 1.02 billion in 2017 and is expected to reach USD 4.71 billion by 2023, at a CAGR of 29.91% during the forecast period. HUDs are used in commercial aircraft and automobiles including premium/luxury cars and sports cars.” The Head-Up Display Market is expected to reach USD 4.71 billion by 2023 from USD 1.27 billion in 2018, at a CAGR of 29.91% during the forecast period. The factors such as increase in awareness about passenger and vehicle safety; convenience offered by combination of satellite navigation technology and HUD system; increase in demand for connected vehicles and technologically advanced HUDs drive the demand for head-up displays. The report covers the analysis and forecast of the head-up display market based on component, type, application, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and challenges for the head-up display market. It also profiles the key players operating in the head-up display market. The head-up display market based on type is segmented into conventional HUD and AR-based HUD. The conventional HUD segment held the largest share of the head-up display market in 2017. Conventional HUDs are widely used in commercial and defense airplanes and automotive applications. Conventional HUDs in airplanes display information regarding position, radar information, flight path, acceleration, and real-time position, which helps pilots to react instantly. This innovation has slowly made its way into the automotive industry and is currently being considered among the prominent driver assistance systems. Increasing adoption of the technology by OEMs, reducing installation prices of HUD systems, and increasing importance given to vehicle and passenger safety systems are the factors responsible for the growth of this market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=684

  2. Head-up display market for AR-based HUDs expected to grow at highest CAGR during forecast period AR-based HUDs are expected to be launched in luxury and premium range of vehicles once they become commercially available in 2018. Technological advancements, as well as increasing consumer demand for advanced safety functions, are expected to drive the AR-based HUD market. Head-up display market for automotive application expected to grow at highest CAGR during forecast period Head-up display systems are used for automotive applications as a secondary display unit to provide information on navigation routes, vehicle speed, fuel indication, lane-departure warning, and traffic information to the driver. The increase in adoption of advanced driving assistance systems by OEMs across various vehicle types and consumer demand for in-vehicle safety features that potentially reduce collisions and injuries caused by human- driver errors are the factors responsible for the growth of this market. Browse Full Research Report @ https://www.marketsandmarkets.com/Market-Reports/head-up-display-hud-market-684.html Head-up display market in APAC expected to grow at highest CAGR during forecast period The head-up display market is rapidly expanding in APAC. The growth of the market in APAC can also be attributed to the rapidly growing demand for the mid-segment cars equipped with head-up display systems and increasing per capita income of China, Australia, South Korea, and Japan is expected to drive the head- up display market in this region. Some of the major players operating in the head-up display market are Nippon Seiki (Japan), Continental (Germany), DENSO (Japan), BAE Systems (UK), Visteon (US), Pioneer Corporation (Japan), MicroVision (US), Thales (France), Garmin (Switzerland), and Panasonic (Japan). Market Dynamics Drivers Increase in awareness about passenger and vehicle safety Convenience offered by combination of satellite navigation technology and HUD system Increasing demand for connected vehicles Increasing demand for technologically advanced HUDs Augmented reality expected to drive HUD market

  3. About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact: Mr. Shelly Singh MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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