Global Automotive Head-Up-Display (HUD) Market size is projected to be valued $2.8 Billion by 2024; with a CAGR of 23% from 2017 to 2025. In automobiles, head-up display (HUD) can be of two types, a windshield, where a projected image on it will reflect to the user and a combiner, which can be separated and retracted from the windshield. HUDs have been widely used in sports, luxury and premium cars, to enhance the security need and safety & comfort. HUDs will feature not only the speed and warning signals, but also display the navigation information allowing the user to access the critical points while focusing on their drive.
Rising awareness about the HUD devices, increasing disposable income of consumers, and high demand for mid-sized cars & luxury cars are expected to fuel the growth of the market. Moreover, new product innovation is also expected to boost the market. However, high cost in R&D and downsizing of technology may hinder the growth of market. Furthermore, voice controlled HUDs and untapped markets would provide an opportunity for the growth of the HUD market.
The automotive head-up display market is segmented based on the product type, application and geography. Product type is further segmented into Windshield HUD and Combiner HUD. Furthermore, application is segmented into premium cars, sports cars, luxury cars and others (low priced cars and other automobiles).
By geography the automotive head-up display market is segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom, Spain and others. Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (RoW) covers South America, Middle East and Africa.
The key players of the market are Continental AG, Denso Corporation, Microvision Inc., Yazaki Corporation, Visteon Corporation, Panasonic Corporation, Delphi Automotive, Nippon Seiki, Pioneer Corporation and BMW AG, among others.
The report covers
Scope of the Global Automotive Head-Up-Display (HUD) Market
Product Type Segments