Head-up Display Market 2021 to 2028 Opportunities, Industry News and Policies by Regions and Companies

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High penetration of head-up displays in aerospace & defense industry and fall in price of HUD technology are key factors driving growth of the market

The global head-up display (HUD) market size is expected to reach USD 9.72 Billion at a steady CAGR of 28.4% in 2028, according to latest analysis by Emergen Research. Some key factors driving market revenue growth include increasing number of vehicles on the road, rising disposable income and spending capacity, rising focus on driver and passenger safety, and growing novelty of advanced driver assist technologies and solutions in the market. Improved safety provided by head-up displays will continue to propel growth of the market going ahead owing to increasing demand for more efficient safety and driver and pilot assist technologies in vehicles and aircraft. Furthermore, advancements in Augmented Reality (AR) technology will also fuel demand for these products and solutions over the forecast period.

The major function of head-up display is to reduce the need for a driver to look away from the windscreen or road while driving. The infotainment system displays details such as turn-by-turn navigation, current speed, blind spot warnings, and posts road signs in driver’s field of view. Head-up display is also used to enhance situational awareness of pilots during flights in limited visibility in the vicinity of visible terrain, ground-based obstacles, water, or other aircraft. HUD is particularly helpful in approach and landing phases of flights, during which most aircraft accident take place. HUD can help the pilot in visualizing any gap that may exist between the required trajectory to safe landing and projection of current aircraft status by displaying the projected touchdown point.

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The report offers a complete analysis of the global Head-up Display Market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

The leading market contenders listed in the report are as follows:

Nippon Seiki Co., Ltd., Denso Corporation, BAE Systems, Bosch, Pioneer Corporation, Garmin Ltd., Continental AG, Yazaki, Visteon Corporation, and Panasonic Corporation.

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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Emergen Research has segmented the global head-up display market on the basis of type, component, technology, application, and region:

Type Outlook (Revenue, USD Billion; 2018–2028)

Conventional HUD

AR-based HUD

Windshield-based HUD

Combined-based HUD

Component Outlook (Revenue, USD Billion; 2018–2028)

Software

Video Generator

Projector/Projection Unit

Digital Light Processing Projector

Liquid Crystal on Silicon (LCoS) Projector

Laser Beam Steering Projector

Display Unit

Liquid Crystal Display

Digital Micromirror Device (DMD)

Liquid Crystal on Silicon (LCoS)

Nematics LCoS Display

Ferroelectric LCoS Display

Others

Technology Outlook (Revenue, USD Billion; 2018–2028)

Cathode Ray Tube

Optical Waveguide

Light-Emitting Diode

Micro Electromechanical System

Application Outlook (Revenue, USD Billion; 2018–2028)

Automotive

Passenger Car

Commercial Vehicle

Aviation

Civil Aviation (Civil Aircraft, Civil Helicopter)

Military Aviation (Aircraft, Helicopter)

Others

The report addresses the following key points:

The report estimates the expected market size from 2021-2028

The report provides a forecast of market drivers, restraints, and future opportunities for the Head-up Display market

The report further analyses the changing market dynamics

Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth

Extensive competitive landscape mapping with profiles of the key competitors

In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies

Revenue forecast, country scope, application insights, and product insights

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