Automotive Head up Display Market .pdf
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Automotive Head-up Display Market – Global
Industry Analysis Report, Share, Growth, Price
Trends and Forecast, 2024: Global Market Insights
The 2017 Automotive Head-up Display Market forecast report focuses on regional
growth for 15+ countries, leading industry companies, applications of Automotive
Head-up Display and more with an aim to help take business decisions. This
innovative technology is widely used in automobile industry for providing
convenience to drivers. Extensive use of this technology in luxury cars has
accelerated automotive head-up display (HUD) market.
Economic backdrop around the world and positive sales position raised component
demand. Growing investment on luxury cars is another factor that has positively
impacted demand of the product. It is a translucent presentation that offers data in
the automobile without demanding users to look away from their standard viewpoint.
Big luxury car manufacturers such as Audi and BMW has launched this technology
in their products. Technological upgradation has progressed to the point where it is
feasible, it is used in navigation as well as road marking. It is also useful in
conditions like bad visibility.
Increasing demand of automobiles will lead to surge in automotive head-up display
(HUD) market. GST is the factor that drives consumption in the industry. Overall
reduction of tax burden on consumers has triggered investment on vehicles. This
industry plays a significant role in the economy of a country and generation of
Based on vehicle price automotive head-up display (HUD) market is divided into
premium, luxury and middle segment cars. Component bifurcation of the product
involves projector, combiner, video, image generator and windshield. It is majorly
used in automobile sector in various applications such as luxury and mid segment
North America led by the U.S. is largest manufacturer of luxury cars. The product is
optional in low budget but is mandatory in all luxury cars. It provides ease in
accessibility, vision, direction and adds value, prestige in vehicle. Sales of premium
luxury cars and SUV’s has witness increase of over 3%, 1% respectively in 2016.
With rising technological advancement, low employment rate and high demand for
luxury cars drives automotive head-up display (HUD) market.
Europe automotive head-up display (HUD) market will witness robust growth as the
region is the largest buyers of cars in the world. United Kingdom sold over 2 million
cars and trucks in 2012, one of the highest figure recoded. It is home to many
volume car manufacturers and commercial vehicles. More than 70% of vehicle
manufactured in the region is exported to various countries for consumption.
Growing demand of automobiles and exports in the region is driving growth for
automotive head-up display (HUD) market in Europe.
Key manufacturers in automotive head-up display (HUD) market includes Nippon
Seiki, BMW Group, Panasonic Corporation, Micro vision Inc., Visteon Corporation.
General Motors Company announced key restructuring in 2017, aiming to drive
tougher business performance and focus on its capital resources on corporate
prospects expected to deliver higher revenues. The company will focus on export
manufacturing and more focused and disciplines operations. BMW AG announced
production expansion in near future. Being the most prominent luxury car
manufacturer, it is heading towards expanding its production capacity to meet needs
and desires of end consumers.
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