Head-up Display Market (Types - AR-based Head-up Display, and Conventional Head-up Display; Component - Softwares, Projectors, Video Generators, Display Units, and Others; Application - Automotive Vehicles, and Aviation Aircrafts): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025. The global head-up display market is projected to grow at a CAGR of 30.1% over the forecast period of 2019-2025.
Pune, India -- (SBWIRE) -- 04/26/2019 -- Our latest research report entitled Head-up Display Market (by types (AR-based head-up display, and conventional head-up display), component (software's, projectors, video generators, display units, and others), application (automotive vehicles, and aviation aircrafts)) Industry Analysis, Trends, Size, Share and Forecasts to 2025 provides complete and deep insights into the market dynamics and growth of Head-up Display. Latest information on market risks, industry chain structure Head-up Display cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Head-up Display growth factors. According to the report, the global head-up display market is projected to grow at a CAGR of 30.1% over the forecast period of 2019-2025.
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Head-up Display Market: Insights
A head-up display is an intuitive transparent display that is used to present information directly into the user's field of vision. Head-up Display is made with taking consideration of the user's viewing direction and head position. A head-up display is available in a variety of sizes and usually, its size is between 5 to 10 inches. Preference for these displays is relatively smaller so that users can see all the information at a glance. This information can be seen without AR or VR glasses. Head-up display widely used in motor vehicles and aircraft. Head-up Display helps in monitoring the vehicle speed and performance and helps in navigating to the destination.
Head-up Display Market: Drivers and Restraints
The ongoing technological advancements and innovations in the aviation display system are the key factors that drive the growth of the head of the display market worldwide. In aviation vehicles, the head up displays directly projected information in the pilot's line of sight and gives the unified view of critical flight information. The integration of several electronic and hybrid technologies to provide safety and comfort features in the automotive vehicles are promoting the growth of head-up display market. In addition, trending combination of augmented reality with the head up display is contributing to the growth of head-up display market. On the other side, the concern regarding privacy and security issues are likely to be the restraining factors affecting the growth in this market over the forecast period.
Moreover, the introduction of next-generation micro-display technology with easy accessibility is projected to serve various growth opportunities in the head-up display market during the forecast period. Furthermore, the growing demand for autonomous vehicles with the enhanced driving experience is anticipated to fuel the growth of the head display market in the near future.
Head-up Display Market: Regional Analysis
In terms of geographies, North America holds the largest market share in the head-up display market followed by Europe. In North America region factors such as growing consciousness regarding the safety systems installed in aircraft systems and automobile, and growth in income of individuals results in increasing demand for luxury & premium cars equipped with HUDs and growing expenditure on military aviation are driving the growth for head-up display market in North America region. Further, in Europe due to massive automotive industries, the advancement of technologies, increasing research and innovation in automotive sectors, and increasing collaborating of car manufacturers with HUD manufacturers to present HUDs in the middle car sector are supporting the growth of this market in Europe region.
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Head-up Display Market: Segmentation
The report on global head-up display market covers segments such as types, component, and application. On the basis of types, the sub-markets include AR-based head-up display and a conventional head-up display. On the basis of a component, the sub-markets include software, projectors, video generators, display units, and others. On the basis of application, the sub-markets include automotive vehicles and aviation aircraft.
Head-up Display Market: Competitive Landscape
The report provides profiles of the companies in the market such as Thales Group, BAE Systems Plc, Continental AG, Denso Corporation, Pioneer Corporation, Nippon Seiki Co., Ltd., Garmin Ltd., MicroVision, Inc., Panasonic Corporation, and Visteon Corporation.
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Report Findings
1. Drivers
- Increasing Adoption of Augmented Reality in the Automotive Sector.
- Rising Awareness for the Vehicle and People Safety.
- Rapidly Growing Technological Advancements in the Automotive Sector.
2. Restraints
- Power and Brightness are Highly Required for the Display.
3. Opportunities
- Growing Demand for Self-Driving Vehicles.
- Rising Demand for Improved the Consumer Experience in Vehicle and Aircraft.