Vancouver, BC -- (SBWire) -- 04/13/2021 --The global head-up display (HUD) market size is expected to reach USD 9.72 Billion at a steady CAGR of 28.4% in 2028, according to latest analysis by Emergen Research. Some key factors driving market revenue growth include increasing number of vehicles on the road, rising disposable income and spending capacity, rising focus on driver and passenger safety, and growing novelty of advanced driver assist technologies and solutions in the market.
Improved safety provided by head-up displays will continue to propel growth of the market going ahead owing to increasing demand for more efficient safety and driver and pilot assist technologies in vehicles and aircraft. Furthermore, advancements in Augmented Reality (AR) technology will also fuel demand for these products and solutions over the forecast period.
The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
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Asia Pacific market is expected to register the fastest revenue growth rate during the forecast period due to improving standard of living and rise in demand for luxury cars. Favorable government policies and easy availability of low-cost labor which helps in reducing manufacturing cost of head-up displays and result in availability of this solution at lower cost is expected to continue to drive growth of the market in the region.
Key players in the market include Nippon Seiki Co., Ltd., Denso Corporation, BAE Systems, Bosch, Pioneer Corporation, Garmin Ltd., Continental AG, Yazaki, Visteon Corporation, and Panasonic Corporation.
The COVID-19 impact:
The COVID-19 pandemic could in no way jeopardize industry growth. Key market players are skeptical about the future of the industry and seek to build ways to aid in this challenging situation. The industry had a major effect on the pandemic, and numerous large plants had to interrupt their production and other activities. The normal lockout in various parts of the country makes for a shortage of capital. Contributing to major deterioration of domestic demand were trade, exports, and imports from abroad in COVID-19. The largest businesses in the world strive to clean up budgets and build cash reserves. There is no doubt that the actual disposable income of employees will decrease, and producers are looking at alternatives to satisfy consumer demand at a much lower rate.
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Important Points Mentioned in the Head-up Display Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years' sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.
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Type Outlook (Revenue, USD Billion; 2018–2028)
Conventional HUD
AR-based HUD
Windshield-based HUD
Combined-based HUD
Component Outlook (Revenue, USD Billion; 2018–2028)
Software
Video Generator
Projector/Projection Unit
Digital Light Processing Projector
Liquid Crystal on Silicon (LCoS) Projector
Laser Beam Steering Projector
Display Unit
Liquid Crystal Display
Digital Micromirror Device (DMD)
Liquid Crystal on Silicon (LCoS)
Nematics LCoS Display
Ferroelectric LCoS Display
Others
Technology Outlook (Revenue, USD Billion; 2018–2028)
Cathode Ray Tube
Optical Waveguide
Light-Emitting Diode
Micro Electromechanical System
Application Outlook (Revenue, USD Billion; 2018–2028)
Automotive
Passenger Car
Commercial Vehicle
Aviation
Civil Aviation (Civil Aircraft, Civil Helicopter)
Military Aviation (Aircraft, Helicopter)
Others
Regional scope: - North America; Europe; Asia Pacific; Central & South America; MEA
Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Head-up Display market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Head-up Display market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Head-up Display market growth worldwide?
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Table of Content
Chapter 1. Head-up Display Market Methodology & Sources
1.1. Head-up Display Market Definition
1.2. Head-up Display Market Research Scope
1.3. Head-up Display Market Methodology
1.4. Head-up Display Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Head-up Display Market Key Insights
Chapter 4. Head-up Display Market Segmentation & Impact Analysis
Chapter 5. Head-up Display Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Head-up Display Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Head-up Display Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Head-up Display Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Head-up Display Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…
Head-Up Display Market Applications, Technology, Types, Recent Trends, Future Growth Analysis, Industry Analysis and Forecasts 2027
The study methodologies used to examine the Head-up Display market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.