Automotive HUD market is estimated to be USD 759.6 million in 2017 and is projected to grow at a CAGR of 28.54% during the forecast period(2020–2025) to reach a market size of USD 13,022.0million by 2025.
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North America is projected to dominate the automotive HUD market during the forecast period. Owing to the large market for premium and luxury cars in the US and the rising consumer demand for active safety systems in mid-segment vehicles, the North America region is the largest market for automotive HUDs.
The region is also an early adopter of advanced automotive technologies, with a large share of the market being led by technology-savvy automotive consumers. This is estimated to drive the demand for HUDs in this region at the fastest growth rate.
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The increase in demand for BEV is encouraging OEMs to develop the HUD for electric vehicles. Key German automotive manufacturer Volkswagen AG has estimated to launch more than 2 million electric vehicles with augmented reality head-up display by 2025.Governments across the globe are making conscious efforts to end the production and sales of petrol and diesel vehicles.
China is contemplating an end of fossil fuel cars. Paris plans to stop all petrol and diesel vehicles in certain parts of the city by 2030.
Norway, the world’s largest electric vehicle market, aims to end sales of fossil fuel vehicles by 2025.Policies such as these are estimated to drive the demand for BEV.
Passenger cars are estimated to contribute to the largest share in the automotive HUD market. Passenger car consumers are becoming increasingly aware of in-vehicle safety.
Monitoring multiple in-vehicle displays can be a cause of distraction for the driver, triggering potential dangerous situations on the road. Enabled by active and passive systems, a HUD will assist a driver in avoiding crashes.
The demand for such advanced technology is expected to increase in both developing and developed countries, such as the US, Germany, UK, China, and Japan, where there is faster adoption of advanced in-vehicle safety technologies.
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Target Audience Include Automotive HUD Market Report:
- Automotive HUD system manufacturers and component suppliers
- Automotive AR HUD system manufacturers and component suppliers
- Automotive display panel manufacturers
- Automotive OEMs
- Industry associations and other driver assistance systems manufacturers
- The automobile industry and related end-user industries
Get “Automotive HUD Market” spread across 159 pages, profiling 12 companies and supported with 80 tables and 46 figures is now available at www.rnrmarketresearch.com/contacts…unt?rname=1226250
Top 12 Companies Analyzed for Automotive HUD Market are – Continental (Germany), Denso (Japan), Garmin (Switzerland), Harman (US), Nippon-Seiki (Japan), Panasonic (Japan), Pioneer (Japan), Robert Bosch (Germany), Visteon (Japan), Yazaki (Japan).
Fundamental Key Point from Table of Content:
Automotive HUD Market, By HUD Type
Windshield Head-Up Display (HUD)
Combiner Head-Up Display (HUD)
Automotive HUD Market, By End User
Automotive HUD Market, By Fuel Type
Internal Combustion Engine (ICE)
Battery Electric Vehicle (BEV)
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Automotive HUD Market, By Vehicle Type
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