Europe Head-up Display Market, By Component (Video Generator Display Unit, Projector/Projection Unit, Software and Others), Type (Conventional Head-Up Display, Windshield-Based Head-Up Display, Combiner-Based Head-Up Display, AR-Based Head-Up Display), Technology (Light-Emitting Diode, Cathode Ray Tube, Microelectromechanical System, Optical Waveguide), Application (Aviation, Civil Aviation, Military Aviation, Automotive, Passenger Car, Commercial Vehicle), Country (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Europe Head-up Display Market
The head-up display market is expected to witness market growth at a rate of 23.5% in the forecast period of 2021 to 2028, is estimated to reach the value of USD 8.66 billion by 2028. Data Bridge Market Research report on head-up display market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of head-up display market.
The head-up display (HUD) refers to a transparent display that shows information/data directly on the windshield. Head-up display is capable of enabling head-up display with the use of voice and it further provides important information such as distance to the next turn, speed cameras, arrows, current speed & speed limit, and estimated time of arrival, among others.
The rise in demand for connected vehicles across the region acts as one of the major factors driving the growth of head-up display market. The increase in popularity of head-up display owning to the enhanced convenience offered by combination of satellite navigation technology and head-up displays, and adoption of AR-based head-up displays accelerate the market growth. The rise in awareness worldwide about passenger and vehicle safety among consumers, and surge in demand for technologically-advanced head-up displays further influence the market. Additionally, surge in disposable income, rapid urbanization, increase in vehicle production and sales, and growth in population positively affect the head-up display market. Furthermore, rise in demand for semi-autonomous and electric vehicles and emergence of screen-less displays extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high luminance, power, and brightness requirements of head-up displays, and high costs of advanced head-up displays are expected to obstruct the market growth. Availability of laser-based volumetric displays as alternatives to head-up displays and space constraints in automotive cockpits are projected to challenge the head-up display market in the forecast period of 2021-2028.
This head-up display market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on head-up display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Head-up Display Market Scope and Market Size
The head-up display market is segmented on the basis of component, type, technology and vehicle type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of component, the head-up display market is segmented into video generator display unit, projector/projection unit, software and others. Projector/projection unit is further segmented into Liquid Crystal on Silicon (LCoS) projector, digital light processing projector and laser beam steering projector. Display unit is further segmented into Digital Micromirror Device (DMD), liquid crystal display and Liquid Crystal on Silicon (LCoS). Liquid crystal on silicon (LCoS) is further sub-segmented into nematics LCoS display and ferroelectric LCoS display.
- On the basis of type, the head-up display market is segmented into conventional head-up display, windshield-based head-up display, combiner-based head-up display, and ar-based head-up display.
- On the basis of technology, the head-up display market is segmented into light-emitting diode, cathode ray tube, microelectromechanical system and optical waveguide.
- On the basis of application, the head-up display market is segmented into aviation, civil aviation, military aviation, automotive, passenger car, and commercial vehicle.
Europe Head-up Display Market Country Level Analysis
The head-up display market is analyzed and market size insights and trends are provided by country, component, type, technology and vehicle type as referenced above.
The countries covered in the Europe head-up display market report are Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.
Germany dominates the Europe head-up display market due to the advancements in the technology within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Head-up Display Market Share Analysis
The head-up display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to head-up display market.
The major players covered in the head-up display market report are Honeywell International Inc, Saab AB, Esterline Technologies Corporation, Heads Up Display, Inc, ROBERT BOSCH GMBH, Garmin Ltd, Continental AG, Thales Group, Nippon Seiki Co., Ltd., DENSO CORPORATION, Visteon Corporation, BAE Systems, Pioneer Corporation, Delphi Technologies, PANASONIC CORPORATION, Elbit Systems Ltd., HUDWAY, LLC., EXPLORIDE INC., HOLOEYE SYSTEMS, INC., and NAVDY, and others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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