The Global Automotive Heads-Up Display (HUD) market accounted for USD 671.6 Million in 2020 and is expected to reach USD 2,850.4 Million by 2028, growing at a CAGR of around 8.3% between 2021 and 2028.
Market Overview
The Global Automotive Heads-Up Display (HUD) market accounted for USD 671.6 Million in 2020 and is expected to reach USD 2,850.4 Million by 2028, growing at a CAGR of around 8.3% between 2021 and 2028.
Automotive heads-up display also called as auto-HUD, is a transparent display that show exact data in automobile when users’ needs it, without using any human work. The crucial data which shows HUD including navigation signals, warning signals, speed, among others without looking down into instrument cluster. This data shows the driver in order to reduce the road accident or crash.
The giant players in the industry are developing and launching new technologies for HUDs used in vehicles to enable the driver to find navigation, send messages, and play music. For instance, Continental AG is working on developing HUDs for sports cars.
There are two types of HUDs used in the vehicles: windshield and combiner HUDs. Windshield HUDs are mostly used in the passenger vehicles. This HUDs are easier to integrate into passenger car owing to the curvature in the passenger car windshield.
COVID-19 Impact Analysis
The global Automotive Heads-Up Display (HUD) market has witnessed a slight decline in the production, due to reduced demand and supply chain bottlenecks and to ensure the safety of their employees in all the region. Retail sales of vehicles across all the region is also likely suffer due to subdued consumer sentiment because of the rising infections and curbs. The automotive industry in the U.S remain fragile, vehicles sales decline by 5-10%, whereas China vehicles sales continue their fast recovery. Europe automotive shows decline of 8- 12% Y-o-Y.
The restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. However, the global markets are slowly opening to their full potential and theirs a surge in demand of auto parts of the vehicles. The market would remain bullish in upcoming year. The significant decrease in the global Automotive Heads-Up Display (HUD) s market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.
Growth Factors
Automotive industry across the globe is rapidly increasing owing to the increasing disposable revenue in the developing as well as developed region.
China the biggest hub of the manufacturing sector, and biggest manufacturer of mid-size cars all over the world, and this makes it one of the biggest noteworthy mid-size cars markets indirectly boosting the automotive heads-up display market. Moreover, with an augmenting number of installations of cars, requirement for mid-size vehicles and the premium vehicles is anticipated to elevate. In addition to this, entry of the new key players and innovation in the technology in the global automotive heads-up display market are anticipated to reduce down the cost of heads-up displays. For instance, in March 2018, Refreshed Mazda 6 sedan was launched with enhanced head-up display. This, in return, is hoped to elevate the requirement for automotive heads-up display market.
High installation cost are anticipated to hold the development of automotive heads-up display market.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Key Market Players & Competitive Landscape
Some of the major players of global Automotive Heads-Up Display (HUD) s market includes Panasonic, Nippon Seiki, Delphi Automotive, Continental, Denso Corporation, Microvision Inc., Yazaki Corporation, and Visteon Corporation.
The global Automotive Heads-Up Display (HUD) s Market is segmented as follows:
By Products
By End-Users
By Region
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Product
FIG NO. 2. Market Attractiveness Analysis, By End-User
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Automotive Heads-Up Display (HUD) s Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Product, 2020 & 2028
FIG NO. 7. Global Automotive Heads-Up Display (HUD) s Market for Combiner-projected HUD’s, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Automotive Heads-Up Display (HUD) s Market for Combiner-projected HUD’s, By Country, 2020 & 2028
FIG NO. 9. Global Automotive Heads-Up Display (HUD) s Market for Windshield-projected HUD’s, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Automotive Heads-Up Display (HUD) s Market for Windshield-projected HUD’s, By Country, 2020 & 2028
FIG NO. 11. Market Revenue Share, By End-User, 2020 & 2028
FIG NO. 12. Global Automotive Heads-Up Display (HUD) s Market for Mid-size Cars, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Automotive Heads-Up Display (HUD) s Market for Mid-size Cars, By Country, 2020 & 2028
FIG NO. 14. Global Automotive Heads-Up Display (HUD) s Market for Premium Cars, Revenue (USD Million) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Automotive Heads-Up Display (HUD) s Market for Premium Cars, By Country, 2020 & 2028
FIG NO. 16. Global Automotive Heads-Up Display (HUD) s Market Revenue Share, By Region, 2020 & 2028
FIG NO. 17. North America Automotive Heads-Up Display (HUD) s Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 18. Porter’s Five Forces Analysis for Global Automotive Heads-Up Display (HUD) s Market
FIG NO. 19. PEST Analysis for Global Automotive Heads-Up Display (HUD) s Market
FIG NO. 20. Pricing Analysis for Global Automotive Heads-Up Display (HUD) s Market
FIG NO. 21. Value Chain Analysis for Global Automotive Heads-Up Display (HUD) s Market
FIG NO. 22. Company Share Analysis, 2019
FIG NO. 23. Radar Determinant Chart, 2019
FIG NO. 24. Company Strategic Developments – Heat Map Analysis
FIG NO. 25. Panasonic Business Segment Revenue Share, 2020 (%)
FIG NO. 26. Panasonic Geographical Segment Revenue Share, 2020 (%)
FIG NO. 27. Market Channels
FIG NO. 28. Marketing Channel Development Trend
FIG NO. 29. Growth in World Gross Product, 2008-2018
FIG NO. 30. Research Methodology – Detailed View
FIG NO. 31. Research Methodology
List of Tables
TABLE NO. 1. Global Automotive Heads-Up Display (HUD) s Market: Snapshot
TABLE NO. 2. Quarterly Automotive Heads-Up Display (HUD) s Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Automotive Heads-Up Display (HUD) s Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Automotive Heads-Up Display (HUD) s Market for Combiner-projected HUD’s, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Automotive Heads-Up Display (HUD) s Market for Windshield-projected HUD’s, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Automotive Heads-Up Display (HUD) s Market for Mid-size Cars, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Automotive Heads-Up Display (HUD) s Market for Premium Cars, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Automotive Heads-Up Display (HUD) s Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 11. North America Automotive Heads-Up Display (HUD) s Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 12. North America Automotive Heads-Up Display (HUD) s Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 13. North America Automotive Heads-Up Display (HUD) s Market Revenue, By End-User, 2016 – 2028 (USD Million)
TABLE NO. 14. U.S. Automotive Heads-Up Display (HUD) s Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 15. U.S. Automotive Heads-Up Display (HUD) s Market Revenue, By End-User, 2016 – 2028 (USD Million)
TABLE NO. 16. Canada Automotive Heads-Up Display (HUD) s Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 17. Canada Automotive Heads-Up Display (HUD) s Market Revenue, By End-User, 2016 – 2028 (USD Million)
TABLE NO. 18. Mexico Automotive Heads-Up Display (HUD) s Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 19. Mexico Automotive Heads-Up Display (HUD) s Market Revenue, By End-User, 2016 – 2028 (USD Million)
TABLE NO. 20. Drivers for the Automotive Heads-Up Display (HUD) s Market: Impact Analysis
TABLE NO. 21. Restraints for the Automotive Heads-Up Display (HUD) s Market: Impact Analysis
TABLE NO. 22. Major Buyers of Automotive Heads-Up Display (HUD) s
TABLE NO. 23. Distributors/Traders List of Automotive Heads-Up Display (HUD) s
TABLE NO. 24. Global Automotive Heads-Up Display (HUD) s Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 25: Global Automotive Heads-Up Display (HUD) s Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
This report is based on in-depth qualitative and quantitative analyses of the global Automotive Heads-up Display market. Zion Research has collected and analyzed key data belong to the global Automotive Heads-up Display market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Automotive Heads-up Display across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Automotive Heads-up Display industry. Primary research makes up the major source of data collection and validation.
Primary Research
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary Research
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Automotive Heads-up Display market.
Models
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Head-up display (HUD) technology plays a major role in the automotive and aviation application. The enhanced reality is an emerging trend in the head-up display market. The automotive heads-up display is a transparent screen that shows data in the car without requiring users to look away from their usual viewpoints. A typical HUD consists of a display unit and a processor or HUD computer. A combiner, projector unit, display panel, and video generator are some primary components of HUDs. The situational awareness and enhanced safety margins in automotive and aviation areas are increased with the help of HUD. HUD systems are used to project information on the windshield, which alert user of lane markings, turnings, to identify the object.
Increasing awareness of related benefits of HUDs helps to avoid road accidents. Rising disposable income coupled with increasing demand for transportation services in large amount drives demand of vehicles in emerging economies. The continuous rise in the number of vehicles and accidents on the road is leading to strict safety regulations in all countries. This force consumers to focus on safety-related features in cars like HUDs. In addition, various automotive original equipment manufacturers and suppliers are expected to further increase the awareness of the benefits of HUDs among the general population which helps to grow the market of the automotive heads-up display. The rising necessity of a safe, comfortable, and well-located lifestyle among people has been leading to the fast development of the automotive heads-up display market globally.
Global automotive heads-up display market is segmented on the basis of product type and applications. On the basis of product type, automotive heads-up display market is subdivided into combiner-projected HUD’s and windshield-projected HUD’s. Windshield-projected HUDs dominated the automotive HUD market in China with a 94% market share in 2015. Windshield-projected HUDs are witnessing strong demand from end users across the globe. There are various display technologies being incorporated by HUD manufacturer’s gives lucrative opportunities to automotive HUD market. DLP projection technology and LCoS which is reflection-based display technology are some technologies used while manufacturing HUDs.
On the basis of application, automotive heads-up display market is divided into mid-size cars and premium cars. Automotive heads-up display market was dominated by the premium cars due to the advance technology incorporation. China is a high growth potential market for premium cars and recorded extraordinary growth in 2014. In 2015, premium cars witnessed significant growth in China with premium brands such as Audi, BMW, Mercedes-Benz, Porsche, and Volkswagen. High technological innovation and more comforts are some of the key factors which make premium cars dominating segment in the market. A healthy economy and increasing individual income in China are driving demand for mid-size car sales. However, price sensitivity of mid-size car customers and high cost due to the high ASP of HUDs lowers the adoption of HUDs in this sector.
North America was the leading region for automotive heads-up display market and accounted for significant share of the total market 2015. Asia Pacific is expected to be the fastest growing market due to the strong growth of automotive industry in China and India. Asia Pacific is followed by Europe and the Middle East & Africa. Demand for automotive heads-up display from Latin America is anticipated to grow significantly during the forecast period.
Some of the major participants in automotive heads-up display market include Panasonic, Nippon Seiki, Delphi Automotive, Continental, Denso Corporation, Microvision Inc., Yazaki Corporation, and Visteon Corporation.
Request the coronavirus impact analysis across industries and markets
The global Automotive Heads-Up Display (HUD) s Market was valued at USD 671.6 Million in 2020.
The global Automotive Heads-Up Display (HUD) s Market is expected to reach USD 2,850.4 Million by 2028, growing at a CAGR of 20.8% between 2021 to 2028.
Some of the key factors driving the global Automotive Heads-Up Display (HUD) s Market growth are increasing incidence of road accidents and rising awareness among populace.
Asia Pacific region held a substantial share of the Automotive Heads-Up Display (HUD) s Market in 2020. This is attributable to the owing to the huge requirement from up-and-coming nations such as India and China.
Some of the major players of global Automotive Heads-Up Display (HUD) s market includes Panasonic, Nippon Seiki, Delphi Automotive, Continental, Denso Corporation, Microvision Inc., Yazaki Corporation, and Visteon Corporation.
Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No 020-46277770
US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed