Global Head Up Display Market is projected to reach a value of over USD 16.8 billion by 2027
HEAD UP DISPLAY MARKET: SUMMARY
The Global Head Up Display Market is projected to reach a value of over USD 16.8 billion by 2027 at a CAGR of around 26.2%.
Head up display is a digital transparent image that is projected onto the windshield of a car, displaying the same information you would get from the dashboard. HUDs were initially developed for aviation and military applications; however, they are increasingly being used in automobiles, commercial aircraft, and other wearables. The easiest way for manufacturers to equip a car with a HUD is to use a ‘combiner’ system. This comprises a discretely hidden projector that beams its information onto a small transparent screen, or combiner. Increasing adoption of augmented reality and virtual reality technologies and increasing demand for connected vehicles are expected to drive the market during the forecast period.
HEAD UP DISPLAY MARKET: DRIVERS & RESTRAINT
Market Driver:
- Increasing Adoption of Augmented Reality & Virtual Reality Technologies in Automotive
The automotive sector accounts for the largest investments in augmented reality (AR) and virtual reality (VR) technologies. AR HUD is an advanced driver assistance system projecting real-time information to help a driver stay more focused. This data is displayed on the windshield and usually consists of warning signals, speed, engine status, navigation and more. Although many car manufacturers have already implemented this technology, the full potential of AR HUD is yet to be show to the world. The major advantage of this technology is that the stereoscopic image can adjust to the driver viewing angle. Navigational information, guidance hints, and alerts can now be perceived by drivers as a part of the road.
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Market Restraint:
- Fatal Error Occurred in HUD Technology
If HUD technology is not build properly, this technology will have gone through several issues. optical system complexity and cost are driven by HUD eyebox size, combiner off-axis angle, display accuracy requirements, and optical parallax errors are the several issues might create some problems to customer or designers of HUD technology. Moreover, total HUD system display accuracy error budget includes optical errors, electronic gain and offset errors, errors associated with the CRT and yoke, overhead to combiner misalignment errors, windshield variations, environmental conditions (including temperature), assembly tolerances, and installation errors. These types of error will restrain the market during forecast period.
HEAD UP DISPLAY MARKET: KEY SEGMENTS
- Segmentation based on type: Conventional HUD and AR-Based HUD
- Segmentation based on component: Combiner, Video-Generator, Projector Unit, and Software
- Segmentation based on application: Automotive Industry and Aviation
- Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.
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HEAD UP DISPLAY MARKET: REPORT SCOPE
The report on the Head Up Display market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features
Specifics
Historical/Estimated/Forecasted Market Size Years
2019–2027
Base Year for Market Calculation
2020
Forecasted Period
2021–2027 (2021 estimated year, forecasted up to 2027)
Measured Units
Value (USD Million)
Segments Included
Type, Component, Application, and Region
Regional Coverage
North America, Asia-Pacific, Europe, Middle East & Africa, South America
KEY COMPANIES COVERED
- Nippon Seiki Co., Ltd. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- BAE Systems
- DENSO CORPORATION
- Visteon Corporation
- Continental AG
- Pioneer Corporation
- Thales Group
- Panasonic Corporation
- Honeywell International Inc.
- Robert Bosch GmbH
- Elbit Systems Ltd
- Saab AB
- Yazaki Corporation
- Collins Aerospace, a Raytheon Technologies company
- Other Key Companies
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HEAD UP DISPLAY MARKET: REPORT SEGMENTATION
For the scope of the report, In-depth segmentation is offered by Forencis Research
Head Up Display Market, by Type
- Conventional HUD
- AR-Based HUD
Head Up Display Market, by Component
- Combiner
- Video-Generator
- Projector Unit
- Software
Head Up Display Market, by Application
- Automotive Industry
- Commercial Vehicles
- Passenger Cars
- Aviation
- Military Aviation
- Civil Aviation
Head Up Display Market, by Region
- North America
- US
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Taiwan
- South Korea
- Rest of Asia-Pacific
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Switzerland
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Content
1 Introduction
2 Research Design & Scope
3 Executive Summary
4 Market Dynamics
5 Industry Trends — Porters Five Forces Analysis
6 GLOBAL HEAD UP DISPLAY MARKET BY TYPE, Market Size in USD Million (2019–2027)
7 GLOBAL HEAD UP DISPLAY MARKET BY COMPONENT, Market Size in USD Million (2019–2027)
8 GLOBAL HEAD UP DISPLAY MARKET BY APPLICATION, Market Size in USD Million (2019–2027)
9 GLOBAL HEAD UP DISPLAY MARKET BY REGION, Market Size in USD Million (2019–2027)
10 Competitive Landscape
11 Company Profiles
12 Appendix
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