The Automotive Head-Up Display Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and future prospect from the year 2020 to 2025. It also offers an accurate overview of the growth strategies, market size, mergers acquisitions, and upcoming products/services of leading key players in this market.
Market Insights
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. The present report mentions that the Automotive Head-Up Display Market is projected to grow at an impressive double-digit CAGR of 22% over the next five years to reach US$ 1.87 billion in 2025.
Market Segments' Analysis
According to Stratview Research, the Automotive Head-Up Display Market is segmented by Vehicle Type (Luxury Cars, Sports Cars, Mid-Segment Cars, and Basic Segment Cars), by Product Type (Windshield and Combiner), by Component Type (Display Combiner, Display Panel, Projector, Video Generator, Software, and Others), by End-User Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The market is segmented based on vehicle type: luxury cars, sports cars, mid-segment cars, and basic-segment cars. Luxury car is projected to remain the largest segment in the global automotive head-up display market during the forecast period of 2020 to 2025. All major luxury car manufacturers, such as BMW, Mercedes-Benz, and Audi are incorporating the head-up display into some of their models. These luxury car manufacturers are also working with the head-up display manufacturers to introduce these systems into their mid-segment cars. This will drive the demand for head-up displays in the mid-segment cars in the coming five years.
The market is further segmented based on product type as windshield and combiner. Windshield projector is expected to remain the largest product type in the global automotive head-up display market during the forecast period, driven by higher use in the luxury vehicles. Both projector types (windshield and combiner) are likely to witness the double-digit growth rates over the next five years, however, combiner projector based head-up display is expected to grow at a much higher rate in the same period, propelled by its low cost and smaller in size.
OEM is expected to remain the largest end-user type in the market over the next five years, driven by increasing adoption from luxury to mid-segment carmakers. There is also a good growth expected in the aftermarket in the same period.
Which region is expected to dominate the market?
North America is expected to remain the most dominant market in the global automotive head-up display during the forecast period, driven by increasing adoption of HUDs in the new models. There are more than 40 vehicle models available in the United States with standard or optional head-up displays, up from 10 models seven years ago.
Top key vendors in the market:
The report mentions a list of key players in the Automotive Head-Up Display Market. Some of them are mentioned below –
- Nippon Seiki Co., Ltd.
- Continental AG
- Denso Corporation
- Visteon Corporation
- Yazaki Corporation
- Pioneer Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Delphi Automotive Plc
- MicroVision Inc.
Key Questions Answered in The Report:
- Which region will show the higher and rapid growth?
- Who are the top key players of the Automotive Head-Up Display Market?
- How will the market change in the upcoming five years?
- What was the impact of Covid19 on the market?
- Which application/ service/product will take a lion's share of the market?
- What are the market drivers and constraints?
About Us –
Stratview Research is a global market research firm offering analytics, research, and advisory that can assist the clients to renovate their business and modify the approach. The reports offered can help the users in taking decisions intrepidly. Along with the reports, Stratview Research also offers customization services. In order to customize any of the report, please connect with our team.
Stratview Research
Call Us: +1-313-307-4176
Mail Us: [email protected]
