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The global head-up display market reached a value of US$ 1.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2027, exhibiting at a CAGR of 20.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A heads-up display (HUD) is a transparent, electronic display projected onto the windshield or a separate screen that displays information directly in the line of sight (LoS) of the driver. This helps the driver to conveniently access information, such as the speed, warning signals and indicators for navigation, thus receiving real-time information without taking eyes off the road. Owing to this, HUD is widely installed in passenger cars as well as in commercial vehicles.
The market is primarily driven by the increasing sales of automobiles across the globe. Along with this, the growing consumer preferences for luxury and premium cars that are equipped with advanced display and safety features including HUD systems, is further driving the market growth. Several manufacturers are integrating various driver assistance tools, such as augmented reality (AR) and a larger area for visuals for offering a safer driving experience, thus catalysing the product demand. Moreover, various automobile companies are introducing HUDs in mid-range car models to reach the mid- and low-income consumer base, which is expected to create a positive outlook for the market. Additionally, rapid urbanization, rising consumer expenditure capacities, along with several technological advancements, including the utilization of liquid crystal display (LCD) and light-emitting diode (LED), are some of the other factors contributing in the growth of global heads-up display market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global head-up display market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, conventional and augmented reality, technology and application.
Breakup by Product Type:
Breakup by Conventional and Augmented Reality:
Breakup by Technology:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being BAE Systems, Continental, Denso, Garmin, Microvison, Nippon Seiki, Panasonic Automotive Systems, Robert Bosch, Thales Group, Visteon, etc.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Conventional and Augmented Reality, Technology, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||China, Japan, India, South Korea, United States, Canada, Germany, France, United Kingdom, Italy, Spain, Brazil, Mexico, Turkey, Saudi Arabia, Iran, United Arab Emirates|
|Companies Covered||BAE Systems, Continental, Denso, Garmin, Microvison, Nippon Seiki, Panasonic Automotive Systems, Robert Bosch, Thales Group and Visteon|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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