Head-up Display Market 2021 - Industry Production, Trends, Sales, Supply, Demand, Analysis & Forecast to 2028
The global head-up display (HUD) market size is expected to reach USD 9.72 Billion at a steady CAGR of 28.4% in 2028, according to latest analysis by Emergen Research. Some key factors driving market revenue growth include increasing number of vehicles on the road, rising disposable income and spending capacity, rising focus on driver and passenger safety, and growing novelty of advanced driver assist technologies and solutions in the market.
Improved safety provided by head-up displays will
continue to propel growth of the market going ahead owing to increasing demand
for more efficient safety and driver and pilot assist technologies in vehicles
and aircraft. Furthermore, advancements in Augmented Reality (AR) technology
will also fuel demand for these products and solutions over the forecast
period.
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The Global Head-up
Display Market research report is a detailed document outlining the recent
advancements and developments in the Head-up Display business sphere considering
2020 as the base year and 2021-2028 as the forecast timeline. The report offers
valuable insights into the market size, market share, sales channel and
distribution network, segmentation of the market, demands, and trends, and
growth prospects. The report also studies the growth of the market on a global
and regional scale.
The leading market contenders listed in the
report are as follows:
Nippon Seiki Co.,
Ltd., Denso Corporation, BAE Systems, Bosch, Pioneer Corporation, Garmin Ltd.,
Continental AG, Yazaki, Visteon Corporation, and Panasonic Corporation.
Key Highlights of the Report
AR-based HUD enables
vehicles to communicate more information than a traditional dashboard. For
example, AR can help indicate how the vehicle interprets the surroundings,
senses danger, communicates with other technologies, plans routes, and triggers
Advanced Driver-Assistance Systems (ADAS).
Display unit segment is
expected to register largest revenue share during the forecast period. Liquid
Crystal Display (LCD) delivers benefits of bright vibrant images onscreen, and
allows the realization of multi-colors in head-up displays. The high
luminescence of head-up displays offer bright raster images.
Automotive segment accounted
for largest revenue share in 2020. Rising concerns regarding safety of driver
and passenger is fueling adoption of head-up displays in vehicles.
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The global Head-up Display market is broadly
segmented on the basis of different product types, application range, end-use
industries, key regions, and an intensely competitive landscape. This section
of the report is solely targeted at readers looking to select the most appropriate
and lucrative segments of the Head-up Display sector in a strategic manner. The
segmental analysis also helps companies interested in this sector make optimal
business decisions and achieve their desired goals.
Emergen Research has segmented the
global head-up display market on the basis of type, component, technology,
application, and region:
Type Outlook (Revenue, USD Billion;
2018–2028)
Conventional HUD
AR-based HUD
Windshield-based HUD
Combined-based HUD
Component Outlook (Revenue, USD
Billion; 2018–2028)
Software
Video Generator
Projector/Projection Unit
Digital Light Processing Projector
Liquid Crystal on Silicon (LCoS) Projector
Laser Beam Steering Projector
Display Unit
Liquid Crystal Display
Digital Micromirror Device (DMD)
Liquid Crystal on Silicon (LCoS)
Nematics LCoS Display
Ferroelectric LCoS Display
Others
Technology Outlook (Revenue, USD
Billion; 2018–2028)
Cathode Ray Tube
Optical Waveguide
Light-Emitting Diode
Micro Electromechanical System
Application Outlook (Revenue, USD
Billion; 2018–2028)
Automotive
Passenger Car
Commercial Vehicle
Aviation
Civil Aviation (Civil Aircraft, Civil
Helicopter)
Military Aviation (Aircraft, Helicopter)
Others
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Additionally, the report covers the analysis
of the key players in the industry with a special focus on their global
position, financial status, and their recent developments. Porter’s Five Forces
Analysis and SWOT analysis have been covered by the report to provide relevant
data on the competitive landscape.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of
EU)
Asia-Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest
of Latin America)
Middle East & Africa (Saudi Arabia,
U.A.E., South Africa, Rest of MEA)
The report addresses the following key
points:
The report estimates the expected market size
from 2021-2028
The report provides a forecast of market
drivers, restraints, and future opportunities for the Head-up Display market
The report further analyses the changing
market dynamics
Regional analysis and segmentation of the
market with analysis of the regions and segments expected to dominate the
market growth
Extensive competitive landscape mapping with
profiles of the key competitors
In-depth analysis of business strategies and
collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application
insights, and product insights
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