Title: Automotive Head-up Display Market trend research and projections for 2017-2024
1Automotive Head-up Display Market Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Automotive Head-up Display
Market
- Automotive Head-up Display (HUD) Market size will
envisage substantial growth with the growing
automotive industry. - Growing investment on luxury cars is another
factor that has positively impacted demand of the
product. It is a translucent presentation that
offers data in the automobile without demanding
users to look away from their standard viewpoint. - Technological upgradation has progressed to the
point where it is feasible, it is used in
navigation as well as road marking. - Increasing demand of automobiles will lead to
surge in automotive head-up display (HUD) market.
GST is the factor that drives consumption in the
industry.
3 Continued...
- Based on vehicle price automotive head-up display
(HUD) market is divided into premium, luxury and
middle segment cars. Component bifurcation of the
product involves projector, combiner, video,
image generator and windshield. - North America led by the U.S. is largest
manufacturer of luxury cars. The product is
optional in low budget but is mandatory in all
luxury cars. - Asia Pacific automotive head-up display (HUD)
market, led by India and China will witness
significant growth due to growing locomotive
industry, increasing population and rise in
disposable income that boosts demand for the
product. - Europe automotive head-up display (HUD) market
will witness robust growth as the region is the
largest buyers of cars in the world. United
Kingdom sold over 2 million cars and trucks in
2012, one of the highest figure recoded.
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5360 Analysis
- Product Analysis
- This innovative technology is widely used in
automobile industry for providing convenience to
drivers. Extensive use of this technology in
luxury cars has accelerated automotive head-up
display (HUD) market. - Regional Analysis
- China vehicle sales will grow over 3.5 in 2017
as tax cut reduced on small engine cars. The
country hosts almost all big brands and models
car manufacturers such as Audi, Venucia and
Beijing. - Competitive Market Share
- Key manufacturers in automotive head-up display
(HUD) market includes Nippon Seiki, BMW Group,
Panasonic Corporation, Micro vision Inc., Visteon
Corporation.
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