Summary

Global Automotive HUD Market Research Report: Information by Product Type (Windshield and Combiner HUD), Technology (Augmented Reality and Conventional HUD), Display Mode (In-Car and On-Board), Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion (ICE and Electric Vehicle), Sales Channel (OEM and Aftermarket), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)– Forecast till 2025

Automotive HUD Market Highlights

As mentioned in the reports of Market Research Future, the global Automotive HUD Market 2020 will be surging at a healthy growth rate of 27.5% CAGR during the forecast period 2018–2025. Over this period, the market will also be valued at around USD 5 billion with the growth rate.

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Market Key Players

The bulbous players actively participating in the global Automotive HUD Market are listed as Rockwell Collins (US), Nippon Seiki Co. Ltd. (Germany), Continental AG (Germany), Yazaki Corporation (Japan), Denso Corporation (Japan), Panasonic Corporation (Japan), Delphi Automotive PLC (UK), Robert Bosch GmbH (Germany), Visteon Corporation (US), and BAE Systems (UK).

Top Market Trends & Drivers

An automotive head-up display is recognized as a transparent display that is projected on the windshield of an automobile. It presents the same information, which can also be obtained from the dashboard. The displays are speedometer, tachometer, and navigation system. These have witnessed a significant spur and is becoming popular nowadays due to its features and advantages. In this, the growth of the global Automotive HUD Market is remarkably attributed to the rising awareness for safety features among the users and other customers. These factors have been considered as essential ones driving the market inevitably.

At the same time, the global rise in the number of luxury and premium cars has also led to the development of the Automotive HUD market to a great extent. The fact is that automotive HUD can eventually reduce accidents by eliminating the distraction caused by looking around for the details required. In fact, the market for Automotive HUD Market is finding massive opportunities from the various factors such as growing population, evolving lifestyle as well as increasing demand for autonomous vehicles and smart HUD.

On the flip side, the factor of the high cost of windshield HUD is posing as a major restraint that could hinder the global Automotive HUD Market growth. Also, high-power consumption and lack of luminance are considered as the key factors restraining the growth of this market over the forecast period.

Segmentation of Market: Automotive Head-Up Display

With dynamic changes occurring in the market, it has been further studied on the basis of segmentation. The segments included are product type, technology, display mode, vehicle type, propulsion, and sales channel.

In terms of product type: Windshield and combiner HUD are the segments.

In terms of technology: Augmented reality (AR) and conventional HUD are the segments.

The display mode market segment involves in-car and on-board segments.

The vehicle type segment involves Passenger cars and commercial vehicles.

In terms of propulsion: ICE and electric vehicle are the segments.

The sales channel type includes OEM and aftermarket segments.

Regional Framework

Regionally, the global Automotive HUD Market has been forwardly studied among the four major regions such as North America, Europe, Asia-Pacific, and the rest of the world.

Among these regions, the global market was led by Asia-Pacific, in 2018, and is now estimated to grasp the largest market share during the forecast period. The reason behind the proliferation of the market in this region is the improving socio-economic conditions and the rapid adoption of automotive HUD displays in mid-segment range cars. These factors are expected to motivate the market in the region.

Whereas, the market in North America is expanding at a substantial rate over the forecast period owing to the rising development of connected cars in the region. Lastly, the region of Europe is projected to witness remarkable growth in the global market over the forecast period for the factor of the rising need for a safe and secure driving experience.

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