Automotive Head-Up Display Market 2020 - AnalysisPosted by sagark on March 25th, 2020 Automotive Head-Up Display Market Analysis The growth of global automotive head-up display market can be attributed to the increasing awareness for safety features among consumers. Also, the global growth of luxury and premium cars is another key factor for the growth of automotive head-up display market. Automotive HUD displays can reduce accidents by eliminating the distraction caused by looking around for details required. However, high cost of windshield HUD is the major restraint that could hinder the market growth. The global Automotive Head-up Display market is dignified to grow at a whopping CAGR of 22% and is expected to reach on the same position by 2022, reveals Market Research Future in its reports. The growth of global Automotive Head-up Display market can be accredited to the widening awareness for safety features among the millennium population. Also, the growth of luxury cars from Audi, BMW, Nissan, Mercedes, Volvo, etc. is another critical factor for the growth of global Automotive Head-up Display market by the housing of HUD that displays essential information such as speed and navigation directions conveniently. Also, these automotive HUD displays, however, helps in reducing accidents by eliminating the distraction mainly caused by unwanted directions. Additionally, heap in demands for owning an electric vehicle is also expected to complement the Automotive Head-up Display market in favorable prospects. Increasing electrification of automobiles is also one key factor that created a new market approach for automotive head-up displays. In the future, the incorporation of hybrid cars will further ignite the market growth in tremendous ways, popping more opportunities in safety regards to the drivers. Market Segmentation: Automotive Head-Up Display The global Automotive Head-up Display Market is segmented based on HUD type, application, and region. By mode of HUD type, the market has segments as windshield and combiner By mode of application, the market has segments as premium cars, luxury cars, and mid-segment cars. Automotive Head-up Display market: Regional Analysis The global Automotive Head-up Display market has been segmented in the regions of North America, Asia-Pacific, the Middle East, and Africa and the rest of the world. Of these, Asia-Pacific is the leading market and is anticipated to surge with a higher CAGR with due to increased adoption of automotive HUD displays in mid-segment cars. This is helping the market to grow in the region. Whereas in North America, the market has boosted from past years due to stringent safety norms with interest to drivers, an increase in the demand of automobiles with advanced technology. Market Key Players MRFR’s analysis of the market covers market players such as Continental AG (Germany), Rockwell Collins (U.S.), Nippon Seiki Co. Ltd. (Germany), Denso Corporation (Japan), Yazaki Corporation (Japan), Delphi Automotive PLC (U.K.), Panasonic Corporation (Japan), Visteon Corporation (U.S.), Robert Bosch GmbH (Germany) and BAE Systems (U.K.) are some of the leading players operating in this market. Industry News
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