Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Head
Up Display Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Head Up Display Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Head Up Display Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Head Up Display Market is offered. In accordance with the
report, the global Head Up Display Market is projected to expand at a CAGR of 15%
over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Head Up display unit is used to process an image to
display on the windshield of the vehicle. Initially head-up displays were
developed mainly for military and aviation applications, however, now-a-days
they are used in automotive applications also.
Various information can be provided by Head up displays
like vehicle speed, fuel utilization, lane – departure warnings, traffic
information and navigation. Head up Displays have various features like rich
color visuals, high-contrast, monochrome, 4 – color display and night vision that
are driving the growth of global market. Such features help to exhibit
information and date in a way that does not distract the user or lose focus
thus leading to less number of accidents. It fulfils the comfort, safety and
entertainment needs of consumers. The major factors that drive the growth of
Head Up display markets is the rising need of consumers for luxury and high-end
cars, focus on upgraded safety equipment etc. Various portable Head Up display
units are being sold at lower prices that may accelerate the growth of this
market further. Moreover, there has been a considerable rise in air passenger
traffic, which will result in expansion of aircraft fleet, thereby boosting the
demand for Head Up display globally.
However, the major challenge faced by the global Head Up
Display market is the designing of transparent displays for vendors as the
displays are required to provide clear visibility in sunlight in the same way
that would be at night. Also, the high cost involved in manufacturing advanced
Head Up display might pose additional threat to the growth of this market.
Majority of prominent and premium car manufacturers are
based in various countries across European market, making it the largest region
and the largest shareholder of global Head Up display market in the forecast
period. New Product offerings and innovation & development, mergers and
acquisitions, expansions and new opportunities emerging as well as mature
markets are likely to offer rewarding growth for the market players during the
forecast period. With enhanced features like gesture recognition and voice
control, this trend is increasing the demand of Head Up display globally in the
forecast period. In Dec 2017, DENSO acquired InfiniteKey, to introduce keyless
automotive experience. In Feb 2018, in order to upgrade the head-up displays
for UAE Armed Forces, United Arab Emirates selected BAE Systems to bring about
the change.
Due to the sudden erruption of Covid 19 pandemic, the
global Head Up Display market is expected to experience decline in the demand
of its product. This is due to lockdown announced in many countries, thereby
reducing travel of many passengers. With the decrease in sales of air –
travelling, aviation section is facing a huge threat. As such, they will
control their expense which may lead to decline in the sales of Head Up display
market. Also, with many consumers facing financial challenge and loosing jobs,
demand for luxurious items like cars will decline considerably.
Segment Covered:
This market
intelligence report on the global Head Up Display Market encompasses market
segments based on component, systems, technology, product type, application and
country/regions.
In terms of components, the global Head Up
Display Market is segregated
into :
§ Video Generator
§ Display Unit
§ Projection Unit
§ Software
§ Others
By systems, the global Head Up Display Market is also classified into :
§ Light emitting diode
§ Cathode Ray Tube
§ Microelectromechanical System
§ Optical waveguide
By type, the global Head Up Display Market is also classified into :
§ Conventional HUD
§ AR-based HUD
By application, the global Head Up Display Market is also classified into :
§ Aviation
§ Engineering
§ Science
§ Gaming Videos
§ Medicine
§ Military
§ Automotive
§ Others
By technology, the global Head Up Display Market is also classified into :
§ Digital Micromirror Device (DMD)
§ Liquid Crystal Device (LCD)
§ Liquid Crystal on Silicon (LCoS)
ü Nematics LCoS
ü Ferroelectric LCoS
By country/region, the global Head Up Display Market has been divided into :
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Nippon Seiki Co. Ltd
§ Elbit Systems Ltd
§ Robert Bosch GmBH
§ Continental AG
§ Visteon Corporation
§ DENSO Corporation
§ BAE Systems
§ Pioneer Corporation
§ MicroVision Inc.
§ Thales Group
§ Garmin Ltd
§ Panasonic Corporation and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Head Up Display related
investment & spending and developments by major players of the market are
tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Head Up Display Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Head Up Display Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Nippon Seiki,
Continental, Visteon, DENSO, BAE Systems, Pioneer Corporation, MicroVision,
Thales, Garmin and many more.
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The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Head Up Display Market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Head Up Display Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
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Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
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Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Head Up Display Market
v
Identification
of key factors driving investment opportunities in the Head Up Display Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants