DUBLIN, Oct. 23, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/6cbg3x/global_headsup) has announced the addition of the "Global Heads-up Display Market (HUD) 2015-2019" report to their offering.
The report forecasts the global HUD market to grow at a CAGR of 39.11% in terms of unit shipment over the period 2014-2019.
The report, Global HUD Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, Europe, and ROW; it also covers the global HUD market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
HUDs were originally adopted in high-end cars, but as the technology is advancing, HUDs are now being implemented in mid-size cars. The high growth potential of the global HUD market has encouraged many vendors such as Garmin and Navdy to enter the aftersales HUD market.
According to the report, AR HUDs generate a comprehensive view for a driver that is a combination of the real world and a computer-generated virtual scene with additional information. This technology allows a wide field of view, enhancing driver assistance systems such as blind spot detection, notifying for upcoming lane changes, and directions for exit. The high growth potential of AR HUDs has compelled many HUD vendors to develop this technology.
Further, the report states that the absence of a common set of HUD-specific rules and regulations results in complex certification processes, limiting wider adoption of HUDs. This will also make it difficult for HUD manufacturers to design HUDs that will meet the standards defined by every aviation authority. This will increase manufacturing costs, discouraging new players from entering the market.
To calculate the market size, the report considers revenue generated through sales of HUDs to key customer segments, which include:
- Automotive manufacturers
- Aircraft manufacturers
- Helicopter manufacturers
The primary components of HUDs are:
- Projector units
- Display panels
- Video generators
- BAE Systems
- Continental Automotive
- Delphi Automotive
- Elbit Systems
- Esterline Technologies
- Honeywell Aerospace
- Nippon Seiki
- Robert Bosch
- Rockwell Collins
- Saab Group
- Thales Group
For more information visit http://www.researchandmarkets.com/research/6cbg3x/global_headsup
Laura Wood , +353-1-481-1716, email@example.com
SOURCE Research and Markets