Head Up Display Market Worth $13.5 Billion By 2025 | Key Industry Players BAE Systems, Continental AG
San
Francisco, 9 October 2018 - 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 Global Head Up Display Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/head-up-display-hud-market
www.grandviewresearch.com/industry-analysis/head-up-display-hud-market
Further
key findings from the study 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
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/display-technologies
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
- Premium/Luxury
Cars
- Sports
Cars
- Basic
& Mid-segment Cars
- Aviation
- Wearables
- Other
Head Up
Display Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- India
- South
America
- Brazil
- The
Middle East & Africa
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-head-up-display-hud-market
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: www.grandviewresearch.com
Comments
Post a Comment