The global head up displays (HUD) market size
is expected to reach USD 13.5 billion by 2025, according to a new report by
Grand View Research, Inc. In terms of shipments HUD systems demand would reach
34.87 million units by the year 2025.
A Head Up Display is computerized systems
that projects information onto the screen in vicinity to the viewer on screen
or by means of a separate display. The HUD systems projects data, images, and
supporting information to driver or the viewer in such a way that the viewer
can view both the outside world and the information simultaneously. Initially,
the HUD displays were prominently deployed in aviation industry seeking
deployment specifically in military aircrafts. Later, the HUD displays were
hosted on to civil aircrafts by means of a secondary screen. In recent times,
HUD system finds applications in dynamic application arenas including
automobile windscreens, motorcycle helmets where the data is displayed on the
visor.
Nowadays, numerous luxury car manufactures
such as Daimler AG and BMW AG have started incorporating HUD displays in their
premium automobile models. Imminent future is expected to witness
standardization of these HUD systems as they help in reducing accident
proportion and ensure safer driving. HUD displays are even deployed in numerous
gaming applications that seek deployment in conjunction with augmented reality
technology. In the coming years, the automotive sector will endure to be the
major contributor to the HUD market, nevertheless, the solicitation of HUDs in
the wearables segment will witness the highest growth during the forecast
period.
The demand from the automotive vertical and
the increasing growth opportunities in the wearables sector are driving the
growth of the HUD market. Automotive manufacturers are concentrating on
ensuring HUD systems design, and economic assessment capability of deployment
in basic & mid-segment cars.
Full research report on head up displays (HUD)
market analysis:
Further key findings from the report suggest:
·
The automotive HUD application segment
dominated the market (in terms of market size) in 2015. HUD system further find
solicitations in the aviation and wearables segments.
·
North America dominated the global market
and accounted for the largest market share (in terms of revenue) in 2015;
however, Asia Pacific region is anticipated to overgrow North America in terms
of revenue by the year 2025.
·
The growing demand for HUD system can be
attributed to the ever-growing demand for efficient and safe driving
technology, across defense and civil sectors
·
Further, sports and premium car segments
would initially witness higher adoption of HUD systems, whereas over the
forecasts the HUD incorporation would increase in basic and mid-segment car
segments.
·
The key industry participants include BAE
Systems, Continental AG, DENSO Corporation, Elbit Systems, Visteon Corporation,
Robert Bosch LLC, and YAZAKI Corporation
View more reports of this category by Grand View Research
at: https://www.grandviewresearch.com/industry/display-technologies
Grand View Research has segmented the HUD
market based on applications, and regions:
Head Up Display Application Outlook (Revenue, USD
Million; 2014 - 2025)
·
Automotive
o Premium/Luxury Cars
o Sports Cars
o Basic & Mid-segment Cars
·
Aviation
·
Wearables
·
Other
Head Up Display Regional Outlook (Revenue, USD
Million; 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o Japan
o India
·
South America
o Brazil
·
The Middle East & Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-head-up-display-hud-market
https://www.grandviewresearch.com/press-release/global-head-up-display-hud-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/