Head-Up Display (HUD) Market to Reach US $8.27 Bn by
2022
According to a
new market report published by Credence Research “Head-Up Display (HUD)
(Defense and Commercial Aviation, Automotive, Sports) Market - Growth, Share,
Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the head-up
display market is expected to reach US$ 8.27 Bn by 2022, expanding at a CAGR of
21.9% from 2015 to 2022.
Browse the full Head-Up Display (HUD) (Aviation
(Defense, Private, and Commercial), Automotive (Premium and Luxury Cars, Sports
Car, Mid-segment and Basic Cars), and others (Scuba Diving, Skiing)) Market -
Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”
report at http://www.credenceresearch.com/report/head-up-display-market
Product Insights
Head-up
Display (HUD) is a system that projects data/information either onto a
windshield or a small transparent screen called combiner. Initially developed
for defense aviation, Head-Up Displays now have applications in commercial
aircrafts, civil aircrafts, automotives, and other professional applications.
The technology enables aircrew, driver, and other profession users (ex- scuba
divers) to get the necessary information and details without requiring them to
look away from their usual viewpoints, thereby minimizing risk of potential
accidents. In addition to the basic information and details (speed, alerts,
etc.), head-up displays also offer navigation data and ADAS (Advanced Driver
Assistance System) information.
Competitive Insights
The global
head-up display market is highly consolidated with top 4 players collectively
accounting for over half of the market revenue share. Manufacturers including
Nippon Seiki (Japan), Yazaki Corporation (Japan), Johnson Controls (U.S.),
Continental AG (Germany), and Denso Corporation (Japan) are identified as the
leading players in the global head-up display market. Although three out of the
top five players are Japanese, their target market has predominantly been the
developed markets (North America and Europe). Other active players in the
market including Delphi Automotive (U.K.), Rockwell Collins (U.S.), BAE Systems
PLC (U.K.), Garmin (U.S.), Microvision (U.S.), Elbit Systems (Israel), and
Thales Group (France) are categorized under promising and emerging players in
the global head-up display market.
For More
Reports Related to This Category @ http://www.credenceresearch.com/industry/it-and-telecom-market
Key Trends
Growing demand
from automotive segment
Demand for low
cost combiner projected displays
Focus on
tapping mid-size and basic model car segment
Introduction
of several augmented reality head-up display models
Desire for
smarter, safer, and interactive vehicles
Declining HUD
hardware prices
Government
regulations promoting vehicle safety
About Us:
Credence
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