Motorcycle HUD Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025
Global Motorcycle HUD Market is projected to be valued $XX Billion by 2024; with a CAGR of XX% from 2017 to 2025. A motorcycle helmet heads-up display (HUD) is a technology that allows riders to integrate many technological functions into one helmet-mounted device to simplify the ride. This technology enables the rider to access real-time information about the motorcycle's performance and running condition by projecting images, data, and supportive information on the helmet's glass. Access to all the important information can not only reduce distractions while riding but also help the rider to ride comfortably and safely. Some of the major applications of HUD motorcycle helmets include automobile windscreens, where the information is displayed on the screen.
The global motorcycle HUD market is driven by factors such as surge in demand for motorcycle connected helmet technology, and rising awareness among consumers regarding road accidents. However, voice or flashing text could distract some drivers, and optical system that projects the data is complicated which may restrict the growth of motorcycle HUD market. Moreover, growing technological advancement coupled with ongoing R&D in the ever-increasing automation industry is expected to generate numerous growth opportunities for the market in the forecast period.
The global motorcycle HUD market is mainly classified on the basis of component, material, and geography. The segmentation by component comprises HUD, LED, battery, sensor, and other components. By material the market is segmented into carbon filter, glass fiber, plastics, Kevlar, and other materials. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Major companies operating in the global Motorcycle HUDmarket are Schuberth GmbH, LifeBEAM, BMW Motorrad, Visteon Corporation, Continental AG, Elbit Systems, BAE Systems, DENSO Corporation, and Nuviz, Sena Technologies Inc., among others.
The key takeaways from the report
Scope of Global Motorcycle HUD Market
Component Type Segments
Material Type Segments