BURNABY, British Columbia, June 27, 2014 /PRNewswire/ --
Growing Demand for Increasing Safety and Advanced Navigation Systems in Defense, Automotive and Civil Aviation Sector to Drive Head-up Display Unit Sales in Germany
According to a recently published report by TechSci Research, "Germany Head-up Display Market Forecast & Opportunities, 2019", the head-up display market in Germany is witnessing strong growth on account of increasing adoption in Defense and Automobile sector. The escalating demand to have superior aircraft, helicopters, ships and other sophisticated defense equipments is leading the market revenues followed by mounting demand for increasing safety and advanced navigation systems in automobiles. The passenger car manufacturers such as Jaguar, Lexus, Peugeot, BMW, Audi, Mercedes Benz and many more are now offering HUDs in premium as well as medium car segments in Germany.
The aircraft manufacturers are exploring advanced technological solutions after the implementation of "Vision 2020" program by European aeronautics industry, which aims at reducing emissions and noise levels while increasing capacity by 2020. The launch of this program is expected to contribute to the demand for technologically advanced IT solutions including HUDs such as holographic display-based HUDs in the aviation industry.
The report further highlights that the sales of head-up display units in Germany is forecast to reach $ 250 Million by 2019 generating ample opportunities for players such as Continental, Rockwell Collins, Denso Automotive, BAE Systems, Delphi and many more. The market is currently dominated by Defense sector followed by Automotive and Civil aviation. However, with the changing market dynamics and emerging trends the application of HUD's are finding its way in many new sectors.
"The launch of low cost and portable head-up displays is setting a new trend. The continuous technological advancements, holographic display technology-based head-up display projection, as well as clear and high contrast virtual imaging is expected to augment HUD adoption in Germany during the forecast period." said Mr. Prijo Samuel, Industry Analyst with TechSci Research, a research based global management consulting firm.
"Germany Head-up Display Market Forecast & Opportunities, 2019" has evaluated the future growth potential of head-up display market in Germany and provides statistics and information on market structure, trends, market size, etc. The report includes head-up display projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluations. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities in the head-up display market in Germany.
About TechSci Research
TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in five verticals - Information Technology, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.
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SOURCE TechSci Research