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Automotive HUD Market by Technology, Type, End-User, Fuel Type, Vehicle Type And Region - Global Forecast to 2025

Automotive HUD Market: Global Forecast until 2025

  • October 2017
  • 161 pages
  • ID: 5164659
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Growing consumer demand for advanced automotive safety functions and favorable government regulations supporting vehicle safety are anticipated to fuel the industry demand for the automotive head-up display system

The automotive HUD market is forecasted to be $759.60M in 2017 and is expected to grow at a compound annual growth rate (CAGR) of 28.54% during the forecast horizon (2020-2025) to attain a market size of $13022.00M by 2025.

Consumers are increasingly considering advanced automotive safety functions and technologies while making purchasing decisions. Futhermore, government regulations in the developed regions of North America and Europe (EU) are increasingly favoring automotive innovations and technologies that support vehicle and road safety.

Battery Electric Vehicle is the quickest increasing segment of the automotive HUD market, by fuel type

The growth in demand for BEV is encouraging OEMs to expand the HUD for electric vehicles.Key German automotive manufacturer Volkswagen AG has expected to launch more than 2 million electric vehicles with augmented reality head-up display by 2025.

Governments across the world are making conscious efforts to end the production and sales of petrol and diesel vehicles.China (CN) is contemplating an end of fossil fuel cars.

Paris plans to stop all petrol and diesel vehicles in certain parts of the city by 2030.Norway (NO), the world's biggest electric vehicle market, aims to end sales of fossil fuel vehicles by 2025.

Policies including these are projected to drive the sector demand for BEV.

Passenger cars is the most important vehicle type segment in the automotive HUD market

Passenger cars are forecasted to contribute to the biggest share in the automotive HUD market.Passenger car consumers are becoming increasingly aware of in-vehicle safety.

Monitoring multiple in-vehicle displays can be a cause of distraction for the driver, triggering potential dangerous situations on the road.Enabled by active and passive systems, a HUD will assist a driver in avoiding crashes.

The market demand for such advanced technology is anticipated to rise in both developing and developed regions, including the US, Germany (DE), United Kingdom, China (CN), and Japan (JP), where there is faster adoption of advanced in-vehicle safety technologies.

North America (NA) is the most important and the quickest increasing market of the automotive HUD market

North America continent is forecasted to dominate the automotive HUD market during the outlook period.Due to the important market for premium and luxury cars in the USA and the growing consumer demand for active safety systems in mid-segment vehicles, the North America area is the biggest market for automotive HUDs.

The territory is also an early adopter of advanced automotive technologies, with a big share of the market being led by technology-savvy automotive consumers. This is expected to drive the industry demand for HUDs in this area at the quickest rise rate.

Key players' distribution profiles:

The market research includes industry insights specified by different market experts, ranging from equipment suppliers to Tier-1 firms and Original equipment manufacturers. The break-up of the primaries is like:

• By Company category: Tier-1 - 40.0 percent, Tier-2 - 37.0 percent, and OEM - 23.0 percent

• By Description: C-suite - 32.0 percent, D-suite - 28.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 25.0 percent, EU - 38.0 percent, Asia Oceania - 25.0 percent, RoW - 12.0 percent

Segment Research

The automotive HUD market has been broken down by HUD technology (conventional and AR HUD), category (combiner and windshield), end-user (economic, mid-segment, and luxury), fuel type (internal combustion engine, battery electric vehicle, and others, vehicle type (passenger cars and commercial vehicles), and area (Asia Oceania, Europe (EU), North America continent, and Rest of the globe). The sector has been projected in terms of quantity ('000 units) and value.

Why Purchasing This Study Can Help You:

This industry report includes several levels of analysis, including industry review, company descriptions, and competitive leadership study, which discuss the basic overviews on the emerging and high-growth segments of the automotive HUD market, opposing landscape, high-growth areas and territories, government actions, and market dynamics including drivers, market restraints, alternatives, and opportunities.

The analysis allows new sector entrants/smaller companies to comprehend the industry better and helps them acquire a larger market share. Companies obtaining the market research could use any one or an aggregation of the below-mentioned four strategies (industry development, product improvement/innovative projects, industry diversification, and opposing assessment) to enhance their rank in the sector.

The industry report offers business insights with reference to the following points:

• Market Development: The study offers highlighted information about profitable emerging sectors. The analysis examines the automotive HUD market for all vehicle types across localities.

• Product Development/Innovative products: The market research affords in-depth understanding about Research&development activities, up-on-coming technologies, and recent product launches in the automotive HUD market across all areas.

• industry diversification: The industry report offers exhaustive information about untapped sectors, market investments, recent products, and recent evolutions in the automotive HUD market.

• opposing assessment: The study affords detailed assessment of strategies, products, and manufacturing competences of key players in the automotive HUD market.

• Vendor DIVE Review: The analysis offers company-level mapping of net sales, increase rate of a company's net sales, global regional presence, company's presence/plans in emerging countries, mapping of inorganic and organic developments, manufacturing plants, company's presence in the OE and aftermarket segments, product offerings (breadth and depth), new industry product developments in recent years, and R&D expenditure, among others.

• Company-wise product and business strategy scorecards: The market research affords company level study and evaluation of product offering category, containing the breadth of offering, product innovation, and market presence (OEM and aftermarket) and company level review and evaluation of business strategies, including company's reach, revenue increase, infrastructure and clientele, inorganic rise (on the basis of partnerships, collaborations, and acquisitions), and organic increase (on the basis of geographic expansions and new industry product developments).

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