Automotive Head-up Display Market is forecasted to reach $2,786 million by 2024; growing at a CAGR of 23.1% between 2020 and 2024

The MarketWatch News Department was not involved in the creation of this content. New York, United States, Sat, 28 Nov 2020 00:01:54 / Comserve Inc. / — Automotive head-up display (HUD) is a transparent display which shows information or data without any effort of drivers or users to look away […]

The MarketWatch News Department was not involved in the creation of this content.

New York, United States, Sat, 28 Nov 2020 00:01:54 / Comserve Inc. / — Automotive head-up display (HUD) is a transparent display which shows information or data without any effort of drivers or users to look away from their usual frame.

Global Automotive Head-up Display Market is forecasted to reach $2,786 million by 2024; growing at a CAGR of 23.1% between 2016 and 2024. Automotive head-up display (HUD) is a transparent display which shows information or data without any effort of drivers or users to look away from their usual frame. There are two types of HUD in automotive; windshield and combiner. Windshield projects images on display and it will reflect to the user. Combiner can be separated and retracted from the windshield.

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HUDs are also widely adopted in aviation sector but now it’s been also used in automotive sector to enhance the security need and safety & comfort. HUDs will feature not only the speed and warning signals, but also display the navigation information or advanced driver assistance system (ADAS) data, which allows the user to access the critical points during their drive.

Growing disposable income globally, increasing knowledge about the HUD devices, and high demand for mid-sized cars & luxury cars are anticipated to fuel the growth of automotive HUD market. Moreover, mergers & acquisitions along with entry of new players and new product innovations are also likely to boost the market. However, downsizing of technology and high cost in R&D may hinder the growth of market.

The automotive head-up display market has been bifurcated into product type, application and geography. Product type is further segmented into Windshield HUD and Combiner HUD. Furthermore, application is segmented into premium cars, sports cars, luxury cars and others (low priced cars and other automobiles).

By geography, the automotive head-up display market is segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom, Spain and others. Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (RoW) covers South America, Middle East and Africa.

The key players of the market are Pioneer Corporation, Panasonic Corporation, Delphi Automotive, Nippon Seiki, Continental AG, Microvision Inc., Denso Corporation, Yazaki Corporation, Visteon Corporation, and BMW AG, among others

The key takeaways from the report:
The report will provide detailed analysis of Automotive Head-up Display Market with respect to major segments such as product type and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of Automotive Head-up Display Market will be provided in the report
Profile of the key players in the Automotive Head-up Display Market, which include key financials, product & services, new developments and business strategies

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Scope of Automotive Head-Up-Display Market
Product Type Segments
Windshield HUD
Combiner HUD
Application Segments
Premium Cars
Sports Cars
Luxury Cars
Others (low priced cars and other automobiles)
Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
France
United Kingdom
Spain
Others
Asia-Pacific
China
India
Japan
South Korea
Others
RoW
South America
Middle East
Africa

In a global economy, a significant change in the industry makes it essential for professionals to keep themselves updated with the recent market situations. Kenneth Research provides market research reports to different individuals, industries, associations, and organizations with the aim of helping them to take prominent decisions. Our research library comprises of more than 100,000 research reports provided by more than 25 market research publishers across different industries.

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The post Automotive Head-up Display Market is forecasted to reach $2,786 million by 2024; growing at a CAGR of 23.1% between 2020 and 2024 appeared first on Comserveonline.

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Source Article

Dannielle Weintraub

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