Automotive Head-Up Display Market To Reach USD 9,881.1 Million By 2027 | Growing Demand for Advanced 3D AR Head-Up Display will Propel the Industry Growth says, Reports and Data

Growing knowledge about vehicle and passenger safety and rising incidences of road accidents are significant factors influencing the automotive head-up display market growth.

New York, Jan. 18, 2021 (GLOBE NEWSWIRE) — The Automotive Head-Up Display Market has been foreseen to register worth USD 9,881.1 Million by the year 2027. The global market for automotive head-up display (HUD) is witnessing an increased demand attributed to several factors like increasing road accidents, rising awareness about passenger and vehicle safety, mounting demand for different autonomous vehicles, elevating need for modified 3D AR head-up display, and rising investments in a wide array of luxury cars.

HUDs are a modern innovation in the industry like advanced driver assistance systems (ADAS). An automotive head-up display is advantageous in the area of maintaining the driver’s attention during driving on the road, conveying speed safely, warning about intersection collision, alerting upon detecting obstacles, assistance during lane change, warning about lane departure, warning at the time of road departure and rollover,  forward-collision and rare impact warning, and several other crucial navigation and automotive information.

Increased funding in R&D activities of the technology in head-up display is a primary factor fueling the industry’s growth. In 2018, WayRay implemented AR hardware and technology in automotive head-up displays for projecting information into the field of driver’s vision. Moreover, prior investors JVCKENWOOD, Alibaba Group, and several sovereign wealth funds have participated actively in the process of funding.

Get FREE Sample Copy with TOC of the Report to understand the structure of the complete [email protected]

COVID-19 has had a negative influence in the overall automotive industry, leading to the reduced need for distinct automotive head-up displays. Due the disruption in supply chains, the demand for the product has suffered a massive shock and the competitive landscape has witnessed a drastic change.

 Further key findings from the report suggest

  • The conventional head-up display for automotive sub-segment led the industry in 2019, due to the reduced installation price compared to AR HUD, increasing penetration by OEMs, and a rising emphasis on the automotive and passenger’s safety.
  • Based on product type, the combiner head-up display sub-segment is presumed to occupy a faster growth rate in the estimated duration, as the combiner product type is more cost-effective and smaller in size, compared to an automotive windshield.
  • The OEM sub-segment accounted for a larger share in the overall industry in the year 2019, attributed to rising investment by OEMs in different luxury vehicles and fast development of modern head-up displays, and rapidly engaging strategic alliances like collaborations and partnerships.
  • In terms of revenue, Europe contributed largely to the market in 2019, due to the rising need for complying with distinct safety standards to mitigate accident risks during collisions. Additionally, growing awareness about enhancing automotive safety and rising investments in the R&D for delivering an innovative solution for road safety are also responsible for influencing the industry’s growth in this region.
  • Key participants include Elbit Systems, Continental AG, YAZAKI Corporation, Denso Corporation, Thales Group, BAE Systems, Visteon Corporation, Panasonic, Rockwell Collins, and Robert Bosch LLC.

Buy Your Copy Now (Customized Report Delivered as per Your Specific Requirement)@

For the purpose of this report, Reports and Data has segmented the global automotive head-up display market on the basis of product type, technology, vehicle type, sales channel, and region:

Product Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

  • Windshield Head-Up Display
  • Combiner Head-Up Display

Technology Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

  • Conventional Head-Up Display
  • Augmented Reality Head-Up Display
  • 2D
  • 3D

Vehicle Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

  • Passenger Vehicle
  • Economy-Segment
  • Mid-Segment
  • Premium-Segment
  • Commercial Vehicle
  • Economy-Segment
  • Mid-Segment
  • Premium-Segment

Sales Channel Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

  • OEM
  • Aftermarket

Click on the link to read key highlights of the report and look at projected trends for years to come:

Regional Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • U.A.E.
  • Rest of Middle East and Africa

Take a Look at our Related Reports:

Agricultural Biostimulants Market Analysis By Type (Acid-based, Extract-based, Others), By Application (Soil, Foliar, Seed and Others) And Segment Forecasts, 2017-2026

Potash Fertilizers Market Share, Size & Analysis, By Product Type (Potassium Chloride, Potassium Nitrate, Sulfate of Potash), By Mode of Application (Foliar, Broadcasting, Fertigation), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses), 2017-2027

Seed Treatment Market Size, Share & Demand, By Type (Chemical Seed Treatment, Biological Seed Treatment), By Crop Type, By Application Technique, By Function And By Region, Forecasts To 2027

Biopesticides Market Size, Share & Analysis, By Product Type (Bioherbicides, Bioinsecticides, Bionematicides), By Crop Type, By Mode of Application, By Source, By Formulation, And By Region, Forecasts To 2027

Phosphate Fertilizer Market Demand, Share & Outlook, By Product Type (Superphosphate, Monoammonium Phosphate, Diammonium Phosphate), By Application, By Distribution Channel And By Region, Forecasts To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports And Data | Web:

Direct Line: +1-212-710-1370

E-mail: [email protected]

LinkedIn | Twitter | Blogs

Read Full Press [email protected]

IT Business Net
error: Content is protected !!