Head-up Display Market
Global Head-up Display Market Size, Share & Trends Analysis Report By Type (Conventional Head-up display, and Augmented Reality Head-up Display) By Application (Video Generators, Projectors/Projection Unit, and Display Units Software) By Technology (CRT, MEMS, LCD, DLP, and Others) Forecast 2022-2028 Update Available - Forecast 2024-2030
The global head up display market is anticipated to grow at a considerable CAGR of around 27.8% during the forecast period. A head-up display is in the embryonic stages of development and deployment. Several automobile manufacturers have developed and marketed basic HUD systems offering a glimpse of the capabilities that such systems offer. In addition, a HUD solution has confronted the unique challenges of the commercial vehicle, off-highway vehicle, and train industries to offer solutions tailored for their unique geometrics. The market is primarily driven by significant growth in the automotive sector, along with various technological advances offered by market players, which creates a positive outlook for the market. Additionally, the growing consumers' preferences for lavish and luxury cars that are integrated with augmented reality coupled with offering the combination of liquid crystal display(LCD), and light-emitting diode(LED), are some of the prominent factors contributing to the growth of global head-up display market.
The consistent technological advancements, new projection technologies, including the micro mirror-based devices primarily based on electromechanical systems, which will aid in creating a brighter and clear display, these factors are throwing light on the growth of the global head-up display market.
However, the windshield-based head-up display requires large space in automotive cockpits, thus extra efforts have required redesigning the dashboard integrated with the windshield head-up display. Any decrease in the size of the windshield head-up display results in the reduction of clarity of augmented images and causes road accidents. The space constraints for embedding windshield head-up displays in automotive cockpits are a key restraining factor for the growth of head-up display market.
Impact of COVID-19 Pandemic on Global Head up Display Market
With the global dip in the sale of new automobiles and the reduction in the production of automobiles across the globe, due to the COVID-19 pandemic, the market has witnessed a downward curve during the period. With no sales of the automobile has been registered, the research and development practices and new product launches have been halted due to the shutting down of assembly lines and industries. Almost all prominent automotive manufacturers have recognized the unprecedented challenges, which may pose a threat of global head-up display market.
Segmental Outlook
The global head up display market is segmented based on type, application, and technology. Based on type, the market is bifurcated into conventional head-up display and augmented reality head-up display. Based on application the market is sub-segmented into video generators, projectors/projection unit, and display units software. On the basis of technology, the market is sub-categorized into CRT, MEMS, LCD, DLP, and others. Amongtype, the conventional head up display is augmented to grow in the coming year, owing to its wider benefits such as conventional head up display offered 2D and 3D image information, along with ensure the safety by improving the interaction between the driver and the vehicle on the road.
Global Head up Display Market Share by Type, 2021 (%)
The Augmented Reality Segment is Anticipated to Hold Prominent Share in the Global Head up Display Market
Augmented reality head-up display is an emerging technology, and it is expected to use in various end-user industries such as automobile, aerospace, and others. The augmented reality head-up display exhibit graphics that interacts with the driver’s field of view. The augmented reality assists the driver in immediately recognizing the threat and quickly taking appropriate action, such as braking for a road obstacle. Presenting augmented reality alerts in this manner significantly increases the driver’s situational awareness, especially when driving at night or in low visibility conditions. These are major factors that catalyzing the demand for augmented reality in the global head-up display market.
Regional Outlooks
The global head up display market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). North America is anticipated to grow at considerable CAGR during the forecast period.. The foremost reason for the growth of the global head-up display is the rising number of car ownership, the consequence of which is an increasing demand for vehicles, along with technological progress in navigation by integrating the satellite into the vehicles. Moreover, the rising population in the region and increasing disposable income across many economies has been attributed majorly to the growth of the regional head-up display market.
Global Head up Display Market Growth, by Region 2021-2028
The North-America Region is Witnessing Significant Growth in the Global Head up Display Market
The HUD technology is developed to assist drivers and pilots to view dashboard data in the user’s field of view. The growing road accidents in the North American region have contributed to the high adoption of this technology in driver assisted systems in vehicles, which in turn surged the market growth. For instance, according to the US Department of Transportation’s National Highway Traffic Safety Administration, an estimated 20,160 people died in motor vehicle crashes in the first half of 2021, which increases to 18.4% in 2020.
Stringent safety norms mandated by various international agencies are expected to drive the market over the forecast period. Increasing awareness about active safety systems in automobile and demands of premium and luxury cars will create scope for the market growth. Commercial vehicles, such as trucks and heavily loaded vehicles, have also started adopting these systems to enhance the driver’s visibility and reduce accidents at night.
Market Players Outlook
The major companies serving the global head up display market are Corning Inc., Elbit Systems,Micro Vision Inc., Panasonic Corp. of North America, Robert Bosch Gmbh, Thales Group, Visteon Corp., Collins Aerospace, Continental AG., Wayray, Pioneer Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2021, Hindustan Aeronautics Ltd (HAL)entered into an agreement with Elbit Systems to supply a digital overhead head-up display system (DOHS). Cooperation has unveiled the technological base and high-end technology in digital overhead head up display which is primarily handed down in transport aircraft globally. More than 500 HUDs have been supplied for various Indian platforms such as Su-30MKI, Jaguar, and MiG-27M upgrade.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global head up display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of marketentry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Head Up Display Market
• Recovery Scenario of Global Head Up Display Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Micro Vision Inc.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Panasonic Corp
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Robert Bosch Gmbh
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Thales Group
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Visteon Corp.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Head Up Display Market, by Type
5.1.1. Conventional Head Up Display
5.1.2. Augmente Reality Head Up Display
5.2. Global Head Up Display Market, by Application
5.2.1. Video Generators
5.2.2. Projectors/Projection unit
5.2.3. Display Units Software
5.3. Global Head Up Display Market, by Technology
5.3.1. CRT
5.3.2. Micro Electromechanical Systems (MEMS)
5.3.3. Liquid Crystal Display (LCD)
5.3.4. DLP
5.3.5. Others (LCOS, Waveguide)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alps Alpine Co. Ltd.
7.2. BAE Systems Inc.
7.3. Collins Aerospace
7.4. Corning Inc.
7.5. Continental AG
7.6. DENSO Corp.
7.7. Digi-Key Corp.
7.8. Elbit Systems Ltd.
7.9. Envisics Ltd.
7.10. HARMAN International.
7.11. Honeywell International Inc.
7.12. HUD Solutions
7.13. Hudway LLC
7.14. i4drive
7.15. Lumiode Inc.
7.16. Pioneer Corp.
7.17. Renesas Electronics Corp.
7.18. Saab Group
7.19. STM Electronics
7.20. Texas Instruments
7.21. Transdigm Group Inc.
7.22. Wayray
7.23. Yazaki Corp.
1. GLOBAL HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028($ MILLION)
2. GLOBAL CONVENTIONAL HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL AUGMENTED REALITY HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL HEAD UP DISPLAY FOR VIDEO GENERATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL HEAD UP DISPLAY FOR PROJECTORS/PROJECTION UNITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
8. GLOBAL CRT IN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL MICRO ELECTROMECHANICAL SYSTEMS (MEMS) IN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL LIQUID CRYSTAL DISPLAY (LCD) IN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL DLP IN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL OTHER TECHNOLOGY IN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL HEAD UP FOR DISPLAY UNITS SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. NORTH AMERICAN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17. NORTH AMERICAN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18. NORTH AMERICAN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
19. EUROPEAN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. EUROPEAN HEAD-UP DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. EUROPEAN HEAD-UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY 2021-2028 ($ MILLION)
23. ASIA-PACIFIC HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATIO, 2021-2028 ($ MILLION)
27. REST OF THE WORLD HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. REST OF THE WORLD HEAD UP DISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL HEAD UP DISPLAY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL HEAD UP DISPLAY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL HEAD UP DISPLAY MARKET, 2021-2028 (%)
4. GLOBAL HEAD UP DISPLAY MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL CONVENTIONAL HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL AUGMENTED REALITY HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL HEAD UP DISPLAY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
8. GLOBAL HEAD UP DISPLAY FOR VIDEO GENERATORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL HEAD UP DISPLAY FOR PROJECTORS/PROJECTION UNITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL HEAD UP FOR DISPLAY UNITS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL HEAD UP DISPLAY MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
12. GLOBAL CRT IN HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL MICRO ELECTROMECHANICAL SYSTEMS (MEMS) IN HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL LIQUID CRYSTAL DISPLAY (LCD) IN HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL DLP IN HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL OTHER (LCOS, WAVEGUIDE) IN HEAD UP DISPLAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
19. UK HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD HEAD UP DISPLAY MARKET SIZE, 2021-2028 ($ MILLION)
