Market Analysis: Global Automotive HUD Market
The Global Automotive HUD Market is expected to reach USD 3336.15 million by 2025, from USD 737.1 million in 2017 growing at a CAGR of 20.71% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Automotive HUD Market
Automotive HUD is also known as automotive head up display which is a transparent display that presents data to the user in the automobile without intercepting in the user view point. It is projected on the windshield of the vehicle and provides information that is available on the dashboard. On display, it projects speedometer, navigation system display and tachometer. According to an article published recently by trading economics, the sales of vehicles in chine will rise by 9.6 % in the year 2018 and around 2.29 million units have been sold by the end of the May in 2018. For instance, , in 2016, the International Council on Clean Transportation, the Europe hybrid-electric vehicles market share grew by 1.8% of all new cars. In Spain, the hybrid car market share increased by 2.7% in 2016 from 1.8% in 2015. This shows that the automotive sector is growing which in turn is driving the demand of automotive HUD.
- Growing awareness about passenger and vehicle safety
- Raising demand for connected vehicles
- Demand of electric vehicles in the automotive industry
- Requirement of more space in the automotive cockpit
- High cost of advanced HUD systems
Segmentation: Global Automotive HUD Market
By HUD Type
- Windshield HUD
- Combiner HUD
- Mid-Segment Vehicle
- Luxury Vehicles
- Economic Vehicle
By Fuel Type
- Internal Combustion Engine (ICE)
- Battery Electric Vehicle (BEV)
By Vehicle Type
- Passenger Cars
- Commercial Vehicle
- North America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of MEA
Competitive Analysis : Global Automotive HUD Market
The global automotive HUD market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Automotive HUD market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2018, Apple company has filed a patent for an augmented reality windscreen that would turn a car windscreen into a large HUD.
Key Market Competitors: Global Automotive HUD Market
The key players operating in the global automotive HUD market are –
- Delphi Automotive PLC
- Rockwell Collins
- BAE Systems
The other players in the market are Robert Bosch, Panasonic, Continental AG, Denso Corporation, Visteon Corporation, Nippon Seiki Co., Ltd., Pioneer Corporation, Yazaki Corporation, Harman, Garmin, Microvision, Inc., LG Display, Apple Inc, Ashfield Capital Partners LLC, Agilent Technologies Inc, Nisaan, Mazda, Kia, Mercedes, Volvoamong other.
Research Methodology: Global Automotive HUD Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted 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 can 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. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global automotive HUD market
- Analyze and forecast automotive HUD market on the basis of HUD type, end user, fuel type and vehicle type.
- Trends of key regional and country-level markets for product HUD type, end user, fuel type and vehicle type.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis