According to a market report by Lucintel, the future of the head-up display (HUD) market looks promising with opportunities in the aviation and automotive industries. The HUD market is expected to grow with a CAGR of 29% from 2019 to 2024. The major drivers for this market are increase in awareness on passenger and vehicle safety, increasing demand for connected vehicles, and growing demand for technologically advanced HUDs.
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In this market, conventional HUD and AR based HUD are the major product type. Conventional HUD is the largest product type. Within the HUD market, aviation and automotive are the major end use industries. Aviation is the largest end use market for head-up display market.
Video generators, projectors/projection units, display units, and software are the major component of the head-up display market.
APAC will remain the largest market over the forecast period.
Nippon Seiki, Continental, Visteon, Denso, BAE Systems, Pioneer Corporation, Microvision, Thales Group, Garmin, Panasonic are among the major manufacturers of head-up display.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the head-up display market by component, product type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Head-Up Display Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the head-up display market by component, product type, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Conventional HUD
AR-Based HUD
By End Use Industry [$M shipment analysis for 2013 – 2024]:
By Component [$M shipment analysis for 2013 – 2024]:
Video Generators
Projectors/Projection Units
Display Units
Software
Others (relay optics, magnifier glass, and control panel)
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/head-up-display-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.