In a recent published report, Kenneth Research has updated the market report for Automotive Head-Up-Display (HUD) Market for 2024 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2024- Positive Growth in the economic demand and supply.
According to the statistics by the Organization for Economic Co-operation and Development (OECD), the United States recorded to be the largest exporters of international trade in services amongst all the OECD nations with a value worth USD 827 billion in the year 2018.
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Global Automotive Head-up Display Market is forecasted to reach $2,786 million by 2024; growing at a CAGR of 23.1% between 2016 and 2024. Automotive head-up display (HUD) is a transparent display which shows information or data without any effort of drivers or users to look away from their usual frame. There are two types of HUD in automotive; windshield and combiner. Windshield projects images on display and it will reflect to the user. Combiner can be separated and retracted from the windshield. HUDs are also widely adopted in aviation sector but now it’s been also used in automotive sector to enhance the security need and safety & comfort. HUDs will feature not only the speed and warning signals, but also display the navigation information or advanced driver assistance system (ADAS) data, which allows the user to access the critical points during their drive.
Growing disposable income globally, increasing knowledge about the HUD devices, and high demand for mid-sized cars & luxury cars are anticipated to fuel the growth of automotive HUD market. Moreover, mergers & acquisitions along with entry of new players and new product innovations are also likely to boost the market. However, downsizing of technology and high cost in R&D may hinder the growth of market.
The automotive head-up display market has been bifurcated into product type, application and geography. Product type is further segmented into Windshield HUD and Combiner HUD. Furthermore, application is segmented into premium cars, sports cars, luxury cars and others (low priced cars and other automobiles).
By geography, the automotive head-up display market is segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom, Spain and others. Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (RoW) covers South America, Middle East and Africa.
The key players of the market are Pioneer Corporation, Panasonic Corporation, Delphi Automotive, Nippon Seiki, Continental AG, Microvision Inc., Denso Corporation, Yazaki Corporation, Visteon Corporation, and BMW AG, among others
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The key takeaways from the report:
The report will provide detailed analysis of Automotive Head-up Display Market with respect to major segments such as product type and application. The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024. Comprehensive analysis of market dynamics including factors and opportunities is included in the report. An exhaustive regional analysis of Automotive Head-up Display Market will be provided in the report.
Profile of the key players in the Automotive Head-up Display Market, which include key financials, product & services, new developments and business strategies
Scope of Automotive Head-Up-Display Market
Product Type Segments
Windshield HUD
Combiner HUD
Application Segments
Premium Cars
Sports Cars
Luxury Cars
Others (low priced cars and other automobiles)
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Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
France
United Kingdom
Spain
Others
Asia-Pacific
China
India
Japan
South Korea
Others
RoW
South America
Middle East
Africa
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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