SummaryGlobal Automotive Head-Up Display (HUD) Market Research Report: Information by Product Type (Windshield and Combiner HUD), Technology (Augmented Reality and Conventional HUD), Display Mode (In-Car and On-Board), Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion (ICE and Electric Vehicle), Sales Channel (OEM and Aftermarket), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)– Forecast till 2025
Market Synopsis
Low cost and innovative display technologies are the factors that are expected to drive the growth of the display systems market. Existing aircraft HUD systems manufacturers are expected to tap the automobile HUD market. However, the main challenges facing these manufacturers are considered to be reducing costs and downsizing technology.
Key Competitors
The success of market players depends on market dynamics, the success of the end-use industry and the advancement of technology. Therefore the vendors should consider spreading geographically and enhancing the quality of the commodity. Continental AG, Visteon Corp., Robert Bosch GmbH, Panasonic Corporation, Denso Corporation, Pioneer Corporation, Alps Alpine Co., Ltd.
Segmentation
The Global Market for Automotive HUDs is analyzed based on component, product type, fuel type, and end-user. Based on component, the global automotive HUD market is segmented into projectors/projection units, video generators, display units, software, and others.
By Product Type, the global [FURL=https://www.marketresearchfuture.com/reports/automotive-head-up-display-market-2461]Automotive Head-Up Display Market[/FURL] is bifurcated into Windshield HUD and Combiner HUD.
By Technology, the global automotive HUD market is divided into AR and conventional.
By Fuel Type, the global automotive head-up display (hud) market is bifurcated into ICE and electric.
By End-User, the global automotive HUD market is segmented into mid-segment cars, economic cars, and luxury cars.
Regional Assessment
The Global automotive head-up display (hud) market is divided by Area into North America, Asia-Pacific , Europe and the rest of the world.
Europe has represented the largest share of the global HUD automotive industry. Countries in Europe like the UK and Germany will contribute substantially to the market share. More than a million claims for front windshield injuries are made each year according to the UK Legal Expert. Aviva Plc estimated that in motor crash cases about 80 per cent of the claims involved whiplash-related injuries. Therefore, the growing awareness of consumers in the UK is expected to meet safety standards to minimize the risk of accidents during front-end collisions. It is expected that increased awareness of vehicle safety through the incorporation of HUDs and other safety components will influence demand for vehicles equipped with HUDs during the forecast period.
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