The
global head
up displays (HUD) market size is expected to reach USD 13.5
billion by 2025, according to a new report by Grand View Research, Inc. In
terms of shipments HUD systems demand would reach 34.87 million units by the
year 2025.
A
Head Up Display is computerized systems that projects information onto the
screen in vicinity to the viewer on screen or by means of a separate display.
The HUD systems projects data, images, and supporting information to driver or
the viewer in such a way that the viewer can view both the outside world and the
information simultaneously. Initially, the HUD displays were prominently
deployed in aviation industry seeking deployment specifically in military
aircrafts. Later, the HUD displays were hosted on to civil aircrafts by means
of a secondary screen. In recent times, HUD system finds applications in
dynamic application arenas including automobile windscreens, motorcycle helmets
where the data is displayed on the visor.
Nowadays,
numerous luxury car manufactures such as Daimler AG and BMW AG have started
incorporating HUD displays in their premium automobile models. Imminent future
is expected to witness standardization of these HUD systems as they help in
reducing accident proportion and ensure safer driving. HUD displays are even
deployed in numerous gaming applications that seek deployment in conjunction
with augmented reality technology. In the coming years, the automotive sector
will endure to be the major contributor to the HUD market, nevertheless, the
solicitation of HUDs in the wearables segment will witness the highest growth
during the forecast period.
The
demand from the automotive vertical and the increasing growth opportunities in
the wearables sector are driving the growth of the HUD market. Automotive
manufacturers are concentrating on ensuring HUD systems design, and economic
assessment capability of deployment in basic & mid-segment cars.
Browse full research report on Head Up Display (HUD) Market: https://www.grandviewresearch.com/industry-analysis/head-up-display-hud-market
Further
key findings from the report suggest:
- The
automotive HUD application segment dominated the market (in terms of
market size) in 2015. HUD system further find solicitations in the
aviation and wearables segments.
- North America
dominated the global market and accounted for the largest market share (in
terms of revenue) in 2015; however, Asia Pacific region is anticipated to
overgrow North America in terms of revenue by the year 2025.
- The growing
demand for HUD system can be attributed to the ever-growing demand for
efficient and safe driving technology, across defense and civil sectors
- Further,
sports and premium car segments would initially witness higher adoption of
HUD systems, whereas over the forecasts the HUD incorporation would
increase in basic and mid-segment car segments.
- The key
industry participants include BAE Systems, Continental AG, DENSO
Corporation, Elbit Systems, Visteon Corporation, Robert Bosch LLC, and
YAZAKI Corporation
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/display-technologies
Grand
View Research has segmented the HUD market based on applications, and regions:
Head
Up Display Application Outlook (Revenue, USD Million; 2014 - 2025)
- Automotive
- Premium/Luxury
Cars
- Sports Cars
- Basic &
Mid-segment Cars
- Aviation
- Wearables
- Other
Head
Up Display Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- The Middle
East & Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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