PUNE, India, October 20, 2017 /PRNewswire/ --
The report "Automotive HUD Market by Technology (Augmented Reality and Conventional), Type (Combiner and Windshield), End-User (Economic, Luxury, and Mid-Segment), Fuel Type (ICE, BEV, and Hybrid), Vehicle Type (Passenger and Commercial), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is estimated to be USD 759.6 Million in 2017 and is projected to grow at a CAGR of 28.54% during the forecast period 2020-2025 to reach a market size of USD 13,022.0 Million by 2025.
Browse 80 Market Data Tables and 46 Figures spread through 159 Pages and in-depth TOC on "Automotive HUD Market"
Early buyers will receive 10% customization on this report.
The market is driven by factors such as increasing demand for in-vehicle safety features, increase in the number of connected cars, and the progress towards developing semi-autonomous and autonomous vehicles.
"Augmented reality head-up display (AR HUD) to be the largest segment for the Automotive HUD Market, by head-up display (HUD) technology"
With low-cost HUD systems being developed for mid-sized and economical cars, OEMs are now offering the sensor technology-enabled AR HUD for enhanced in-vehicle safety in luxury vehicles. Diminishing the consumer's concern over safety, the AR HUD integrates multiple ADAS functions to provide different information, all in the driver's line of sight. Apart from the growing luxury vehicle segment, the anticipated autonomous vehicle market is projected to drive the demand for AR HUD.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=11272971
"Combiner HUD to be the fastest growing segment in the Automotive HUD Market, by HUD type"
The combiner HUD is a compact version of the windshield HUD. The combiner requires lesser space for installation compared with the windshield HUD. Its compact size makes the combiner HUD an ideal fit for smaller cars. The installation of HUD in economic vehicles is projected to be driven by an increase in the adoption of combiner HUD in this segment of vehicles.
"North America to be the largest regional market for Automotive HUD Market"
North America comprises Canada, Mexico, and the US. The US being an automotive hub, in terms of vehicle production as well as sales, is also the fastest country in terms of adopting in-vehicle advanced automotive technology. The demand for HUD technology such as AR HUD is directly linked to the luxury and premium vehicle production and consumer demand for these vehicles in this region. The region also comprises Canada, a market with a growing consumer demand for advanced automotive electronics in the cockpit.
The Automotive HUD Market is dominated by a few global HUD system suppliers and comprises several regional players. Some of the key HUD suppliers operating in the market are Nippon-Seiki (Japan), Continental (Germany), Denso (Japan), Visteon (US), and Robert Bosch (Germany).
Browse related reports:
Augmented Reality Automotive Market by Function (AR HUD Navigation, AR HUD ACC, AR HUD LDW & Advanced AR HUD), Sensor Technology, Display Technology, Level of Autonomous Driving, Electric Vehicle, Vehicle Type, and Region - Global Forecast to 2025
Cockpit Electronics Market for Automotive by Product (HUD, Information Display, Infotainment & Navigation, Instrument Cluster, and Telematics), Type (Basic and Advanced), End Market, Fuel Type, and Region - Global Forecast to 2022
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road,
Northbrook, IL 60062
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets