Definitions, segmentations, and various classifications of the industry, applications of the industry, and chain structure are given in the Automotive Head-Up Display Market report presented by Stratview Research. Past, present, and future scenarios of the Automotive Head-Up Display Market in key regions, and industry policies and news are mentioned in this newly launched report.
The automotive head-up display market was estimated at USD 1.05 billion in 2022 and is likely to grow at a CAGR of 30.42% during 2023-2028 to reach USD 5.17 billion in 2028.
Rising demand for high-end luxury and mid-size cars with advanced safety features including head-up displays, increasing use of smartphones and navigation systems, introduction of more stringent government regulations regarding safety, continuous reduction in the price of head-up displays, advancement in the technology, and organic growth in the automobile production are major growth drivers of the head-up display market in the automotive industry.
What is an automotive head-up display?
An automotive head-up display is a transparent display that is installed in such a way in the vehicle that the driver does not have to get diverted from their viewpoint while driving. It is mainly installed on the dashboard and the results are shown on the projector.
Automotive head-up display is a new concept that is used now in higher-end vehicles as of now. Noticing the security benefits, there are chances that it can be used in other vehicles too in the coming future.
Why buy this report?
The report provides an in-depth analysis of the Automotive Head-Up Display Market including critical market information and valuable insights which are of high value to the companies, enabling them to know and understand the growth strategies and other opportunities in the market. The report also aims at answering the following key questions –
- What is the current and future potential of Automotive Head-Up Display Market?
- How will the COVID-19 pandemic impact the market?
- How are other crucial market factors changing the market dynamics?
- When is the recovery expected from the pandemic?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the market competition?
- What are the key emerging trends?
- What are the strategic growth opportunities and key success factors?
Linchpins in the Automotive Head-Up Display Market –
To provide detailed information on the competitive landscape, this report includes detailed profiles of the Automotive Head-Up Display Market key players. For each player, product details, price, and gross and revenue numbers are also mentioned. Here is a list of the major key players, that are mentioned in the Automotive Head-Up Display Market report –
- Nippon Seiki Co., Ltd.
- Continental AG
- Denso Corporation
- Visteon Corporation
- Yazaki Corporation
- Pioneer Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Delphi Automotive Plc
- MicroVision Inc.
The report sheds light on the locations or region-wise details of the Automotive Head-Up Display Market. Also, Automotive Head-Up Display Market industry growth in various regions and R&D status are also covered such as:
The automotive head-up display market is segmented based on vehicle type: luxury cars, sports cars, mid-segment cars, and basic-segment cars. Luxury car is projected to remain the largest segment in the market during the forecast period. All major luxury car manufacturers, such as BMW, Mercedes-Benz, and Audi are incorporating the head-up display into some of their models. These luxury car manufacturers are also working with the head-up display manufacturers to introduce these systems into their mid-segment cars. This will drive the demand for head-up displays in mid-segment cars in the coming five years.
The market is further segmented based on product type such as windshield and combiner. Windshield projector is expected to remain the largest product type in the market during the forecast period, driven by higher use in luxury vehicles. Both projector types (windshield and combiner) are likely to witness double-digit growth rates over the next five years, however, combiner projector-based head-up display is expected to grow at a much higher rate in the same period, propelled by its low cost and smaller in size.
OEM is expected to remain the largest end-user type in the market over the next five years, driven by increasing adoption from luxury to mid-segment carmakers. There is also good growth expected in the aftermarket in the same period.
North America is expected to remain the most dominant market in the automotive head-up display during the forecast period, driven by the increasing adoption of HUDs in the new models. There are more than 40 vehicle models available in the United States with standard or optional head-up displays, up from 10 models seven years ago.
Asia–Pacific is projected to register the highest growth in the market in the same period. China, Japan, South Korea, and India are the largest producers of automobiles in this region. These countries are expected to drive the demand for head-up displays in the region over the next five years.
Several important topics included in the Automotive Head-Up Display Market research report are as follows:
- Automotive Head-Up Display Market Overall Overview
- Automotive Head-Up Display Market Competition by Manufacturers, Type and Application
- Automotive Head-Up Display Market by Volume, Value and Sales Price
- Automotive Head-Up Display Market Manufacturers Analysis
- Automotive Head-Up Display Market Technology and Development Trend
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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