The Global Automotive Head-Up Display Market size was estimated to be US$ 1.2 billion in 2019 and is expected to grow at a CAGR of 18% between 2021 and 2030.
Rising adoption of advanced technologies in automobiles, increased number of automotive component and systems manufacturers, rising popularity of head-up displays and increased adoption of head-up displays from automotive OEMs are the key attributes driving the growth of the global automotive head-up display market. Head-up displays were originally used across military applications primarily in fighter planes to ease the pilot in maintaining focus. With advancement in technology, head-up displays are increasingly adopted across the passenger and commercial vehicles to improve driver convenience and safety. The automotive head-up displays cast bright images of content to be displayed either on the windshield or dedicated transparent glass. Details or information such as speed, navigation, ADAS details, wheel RPM and so on can be displayed effortlessly depending on type and grade of head-up display. The automotive industry has adopted wide range of advanced technologies to improve drive & passenger safety and convenience. Though the head-up displays are primarily equipped onto luxury and high-end vehicles, availability of aftermarket HUD products has boosted the demand for automotive HUDs. The features delivered by aftermarket HUDs are limited and lags behind the OEM integrated HUDs. Adoption of head-up displays in economy class vehicles is expected to bolster the growth of the global automotive head-up display market during the forecast period. Increased demand, growing popularity of HUDs and rising awareness regarding road safety are expected to contribute towards the growth of the global automotive head-up display market in coming years.
Europe contributed the largest share to the global automotive head-up display market in 2019 and is estimated to grow at a prominent rate during the forecast period owing to the presence of leading automotive manufacturers and head-up display technology developers across Western European countries. Increasing investment in development of automotive systems to improve road safety and development of connected vehicles are the key attributes towards the growth of Europe automotive head-up display market. Asia Pacific is expected to be the most lucrative market during the forecast period owing to rising popularity of head-up displays and increasing number of passenger vehicles across the emerging countries.
Automotive Head-Up Display (HUD) Market Share Analysis, by Geography (2021)
The report titled “Automotive Head-Up Display (HUD) Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global automotive head-up display market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global automotive head-up display (HUD) market is segmented on the basis of type, vehicle class, vehicle type, dimension, sales channel, and geography. Based on type, the global automotive head-up display market is segmented into conventional HUD and augmented reality HUD. The conventional HUD segment is sub-segmented into windshield-based HUD and combiner-based HUD. Based on vehicle type, the global automotive head-up display market is segmented into passenger vehicles and commercial vehicles. The passenger vehicles are sub-segmented into luxury vehicles, mid-segment vehicles, and economy vehicles. The commercial vehicles are sub-segmented into light commercial vehicles and heavy commercial vehicles. Based on dimensions, the global automotive head-up display market is segmented into 2D HUD and 3D HUD. Based on sales channel, the global automotive head-up display market is segmented into OEM and aftermarket. Based on geography, the global automotive head-up display (HUD) market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on automotive head-up display. Further, market share of prominent companies in the global automotive head-up display market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the automotive head-up display companies.
The global automotive head-up display market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution. Product portfolio would focus on all the products under the automotive head-up display business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global automotive head-up display market.
Major players active in the global automotive head-up display market include Clarion, Continental AG, DENSO CORPORATION, Garmin Ltd., HARMAN International, HUDWAY, LG Display Co., Ltd., Magneti Marelli S.p.A., Mitsubishi Electric Corporation, Nippon Seiki Co., Ltd., Nvidia Corporation, Panasonic Corporation, Pioneer Corporation, Renesas Electronics Corporation, Robert Bosch GmbH, Saint-Gobain Sekurit, Texas Instruments Incorporated, Toshiba International Corporation, Valeo, Visteon Corporation, Yazaki Corporation, and ZF Friedrichshafen AG.
Segmentation:
Based On Type
Based On Vehicle Type
Based On Dimensions
Based On Sales Channel
The global Automotive Head-Up Display market was worth US$ 1.2 billion in 2019.
The global Automotive Head-Up Display market is expected to register a CAGR of 18% between 2022 and 2032.
Clarion, Continental AG, DENSO CORPORATION, Garmin Ltd., HARMAN International are the top 5 Automotive Head-Up Display manufacturers.
Based on type, the Automotive Head-Up Display market is segmented into Hud and Augmented Reality Hud.
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