Global Head-Up Display Market by Application (Wearables, Aviation, Automotive) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2016, the global Head-Up Display market was valued at USD 1.91 Billion. This market is expected to see a significant growth over the forecast period. The global Head-Up Display market was valued at USD 1.91 billion in 2016. It is expected that the volume of HUD shipments will increase significantly over the forecast period. The HUD market's growth is due to its low price and ease of integration with smartphones. This increases safety by reducing distractions. The demand for industry is driven by innovative solutions such as the global positioning system and augmented realities that can be integrated into the head-up display system.

U.S. Headup Display Market by Application, 2014-2025 (USD Million).

A transparent display called a HUD displays information directly in the driver's sight, without him or her having to look at the road. HUDs were originally developed for military and aviation applications. However, they are now being used in automobiles and commercial aircraft as well as other wearables.

Industry growth will be hampered by the expected increase in buying power due to an increase in disposable income. Modern-day consumers are becoming more tech-savvy and accepting of technologically advanced products that encourage safer driving habits. Safety awareness is another major driver of the growth.

A typical head-up display includes a projector unit and a display system. It also has a programmed computer and connecting chords. You can choose from fixed-mounted HUDs or helmet-mounted HUDs. This display provides advanced navigation directions and allows you to see them in a variety of ways. To provide the highest safety, the system can be paired with adaptive cruise control. This is a new innovation in car transport systems.

Globally, the cost of premium cars has increased. This has led to a rise in the use of head-up displays for navigation purposes. Although many automobile manufacturers offer head-up displays as an optional feature, they may be required by all car manufacturers to include them in future for safety and improved user experience.

Application Insights

The global market is segmented based on the applications. Over the forecast period, the automotive segment will hold a large market share. Next is the aviation market, which follows because most commercial aircraft use head-up display systems to ensure optimum landings and takeoffs. This market is also booming due to the increasing availability of flight simulators. Vendors face a challenge in designing transparent displays. These displays must be visible in sunlight as well as at night.

Further sub-segments have been added to the automotive segment, including sports cars, premium/luxury, and basic and mid-segment vehicles. Over the forecast period, the premium/luxury car sub-segment will account for a substantial market share of the automotive segment. Many automobile manufacturers are adopting head-up displays and driver assistance systems more frequently, which is expected to drive market growth.

Head-Up Display Market by Application, 2016, (%)

As vendors invest heavily in R&D to provide an improved driving experience, the wearable application segment will only account for a small market share during the forecast period. The wearable application market is experiencing a significant growth due to the increasing demand for high-quality technological products that offer greater accuracy.

Regional Insights

The North American market is thriving due to the large number of technology companies and the huge investments made in R&D for head-up displays. North America currently holds a large market share in the global market. Europe is following Europe's lead due to increasing awareness about the many benefits of head-up displays.

The major trends driving a rise in demand for the U.S. market are recent innovations in technology related to the automobile industry. These include adaptive cruise control and Augmented Reality. The region's status as one of the most important auto markets worldwide is expected to contribute significantly to the market revenue.

Due to growing awareness of the technology's benefits, the Asia Pacific region market will experience a higher CAGR. This market is driven by rising living standards and increasing disposable income.

Market Share Insights & Key Companies

The market is dominated by key industry players such as BAE Systems and Continental AG, DENSO Corporations, Elbit Systems (Elbit Systems), Visteon Corporations, Robert Bosch LLCs, and YAZAKI Corporation. A variety of safety features that reduce the likelihood of collisions have led to head-up display systems becoming more popular in the automotive sector.

Head-Up Display Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level. It also provides analysis of the most recent trends and opportunities in each sub-segment from 2014 through 2025. Grand View Research has divided the head-up display market by application and regions. Further sub-segments are made based on end users.

• App Outlook (Revenue USD Million; 2014-2025)

  • Automotive

    • Luxury/Premium Cars

    • Sports Cars

    • Cars in the Basic and Mid-Segment

  • Aviation

  • Wearables

  • Other

• Regional Outlook (Revenue USD Million; 2014-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • Japan

    • India

  • South America

    • Brazil

  • MEA

These are the most frequently asked questions about this report

b. Global head-up display market was valued at USD 3.2 Billion in 2019, and is forecast to grow to USD 4.0 Billion by 2020.

b. Global head-up display market will grow at a compound annual rate of 25.9% between 2017 and 2025, to reach USD 13.5 Billion by 2025.

b. With a 31.1% share in 2019, North America was the dominant market for head-up displays. This can be attributed to the increasing number of startups in technology & software and the adoption of the ADAS in economy cars by the region.

b. There are several key players in the head-up display market: Continental AG, Elbit Systems Ltd., Visteon Corporation, Robert Bosch LLC, Rockwell Collins, Inc., Thales Group, Saab AB, and Denso Corporation.

b. Market growth is being driven by a rise in disposable income, growing demand electric and luxury vehicles, increasing use of HUDs, augmented reality, and gamification.

Up Market Research published a new report titled “Head-Up Display Market research report which is segmented by Application (Wearables, Aviation, Automotive), By Players/Companies YAZAKI Corporation Head-up display systems have found a growing usage in the automotive industry on account of several safety features which aid in the reduction of collision occurrence, DENSO Corporation, Robert Bosch LLC, BAE Systems, Continental AG, Elbit Systems, Visteon Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Head-Up Display Market Report Segments:

The market is segmented by Application (Wearables, Aviation, Automotive).

Head-Up Display Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Head-Up Display Market

Overview of the regional outlook of the Head-Up Display Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Head-Up Display Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Head-Up Display Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Wearables

                2. Aviation

                3. Automotive

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Head-Up Display Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Head-Up Display Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.