CHICAGO, March 19, 2019 — According to the new market research report “Automotive HUD Market by Technology (AR-HUD, Conventional HUD), HUD Type (Combiner, Windshield), Vehicle Class (Economy, Mid-Segment, Luxury Car), Dimension (2D and 3D), Vehicle Type, and Region: Global Forecast to 2025”, published by MarketsandMarkets™, the Automotive Head-Up Display (HUD) Market is estimated to be 1.1 billion in 2019 and is projected to reach a market size of USD 4.3 billion by 2025, at a CAGR of 25.28% during the forecast period. The market is driven by factors such as increasing demand for in-vehicle safety features, a rising number of connected cars, and progress toward developing semi-autonomous and autonomous vehicles.
Get 10% Free Customization on this Report:
Browse in-depth TOC on “Automotive HUD Market“
81 – Tables
58 – Figures
160 – Pages
Augmented Reality Head-Up Display (AR-HUD) segment is estimated to be the fastest growing Automotive HUD Market, by HUD technology
With low-cost HUD systems being developed for mid-sized and economy cars, OEMs are planning to offer the sensor technology-enabled AR-HUD for enhanced in-vehicle safety in luxury vehicles. Lowering the consumer’s concern over safety, the AR-HUD integrates multiple ADAS functions to provide different information, all in the driver’s line of sight. Apart from the growing luxury vehicle segment, the semi-autonomous and autonomous vehicle market is projected to drive the demand for AR-HUDs.
Combiner HUD segment is expected to be the fastest growing Automotive HUD Market, by HUD type
The combiner HUD is a compact version of the windshield HUD. The combiner version requires lesser space for installation compared with the windshield HUD. Its compact size makes the combiner HUD an ideal fit for smaller cars. The installation of HUD in mid-segment and economy cars is projected to be driven by an increase in the adoption of combiner HUD in this segment of vehicles. Moreover, owing to the high cost of windshield HUD, the OEMs are also focusing on the volume growth of combiner HUD in mid-segment cars. Currently, combiner HUDs are offered in vehicles by OEMs such as Peugeot, Mini, and Mazda and are supplied by Bosch, Continental, and Visteon.
Europe is estimated to be the largest regional Automotive HUD Market
Europe comprises Germany, France, Russia, the UK, Spain, and the rest of Europe. Germany being an automotive hub, in terms of vehicle production as well as sales, is also the fastest country in terms of adopting in-vehicle advanced automotive technology. The demand for HUD technology such as AR-HUD is directly linked to the luxury and premium vehicle production and consumer demand for these vehicles in this region. The region also comprises the UK, a market with growing consumer demand for advanced automotive electronics in the cockpit.
Inquiry Before Buying:
The Automotive HUD Market is dominated by a few global HUD system suppliers and comprises several regional players. Some of the key HUD suppliers operating in the market are Nippon Seiki (Japan), Continental (Germany), Denso (Japan), Visteon (US), and Bosch (Germany).
Browse Related Reports:
Automotive Camera Market by Application (ADAS & Park Assist), View Type (Single View System & Multi-Camera System), Technology (Thermal, Infrared & Digital), Vehicle Type & Class, Electric Vehicle Type, and Region – Global Forecast to 2025
Cockpit Electronics Market for Automotive by Product (HUD, Information Display, Infotainment & Navigation, Instrument Cluster, and Telematics), Type (Basic and Advanced), End Market, Fuel Type, and Region – Global Forecast to 2022
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-head-up-display-market.asp
Visit Our Website: https://www.marketsandmarkets.com