Automotive Head-Up Display Market Overview, Size, Share and Demand 2027Posted by RakshaGajbhiye on March 14th, 2021 The rising awareness about vehicles and passengers and the growing prevalence of road accidents are the major factors driving the automotive head-up display market. Market size: USD 1,389.7 million in 2019, Market Growth: CAGR of 27.4%, Market Trends: Growing demand for modern 3D AR head-up display The globalautomotive head-up display (HUD) market is estimated to rise from USD 1,389.7 million in 2019 to USD 9,881.1 million in 2027, with a substantial CAGR of 27.4% An automotive head-up display provides various warnings and signals such as safely conveying speed, lane change assistance, rear impact warning, collision warning, navigating the road, and making sure that the driver is focusing on the road. For example, researchers from Cambridge University and Jaguar Land Rover are partnering to develop a 3D head-up display that provides real-time safety information directly in front of the driver. The increasing number of road accidents, growing awareness regarding vehicle and passenger safety, high demand for autonomous vehicles are the significant factors attributing to the automotive head-up display market. Moreover, increasing demand for advanced 3D AR head-up displays and elevated investments in luxury and modern cars. Favorable funding from private and public sectors in R&D for head-up display technology and the rising disposable income have promoted the overall market growth. Technological advances in the automotive head-up display are another significant factor propelling the automotive head-up display market. Key participants in the automotive head-up display market:
For the purpose of this report, Reports and Data has segmented the global automotive head-up display market on the basis of product type, technology, vehicle type, sales channel, and region: Product Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Technology Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Vehicle Type Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027) Passenger Vehicle
Commercial Vehicle
Sales Channel Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027)
Further key findings:
Regional Outlook (Volume, Million Units; Revenue, USD Million; 2017-2027) North America U.S. Canada Europe Germany U.K. France Benelux Rest of Europe Asia Pacific China India Japan South Korea Rest of Asia Pacific Latin America Brazil Rest of Latin America Middle East & Africa Saudi Arabia U.A.E. Rest of Middle East and Africa Thank you for reading our report. For any specific details on customization of this report, please get in touch with us. We will ensure the report you get is tailored according to your needs. Like it? Share it!More by this author |