The global head up display market is anticipated to grow significantly at a CAGR of 27.8% over the forecast period (2021-2028). The market growth is being driven by the presence of prominent makret players and their contribution to the growth of the global head up display market by launching innovative attributes in their products by collaborating with other players operating in the market
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For instance, Envisics has entered into a partnership with Panasonic Automotive Systems, in January 2021 to jointly develop and commercialize head-up displays for cars, trucks, and SUVs. The head-up display is integrated with high resolution, entertainment and video conferencing, a wide color gamut, and large images, and can be used for night vision to make the vision clear upon a dark road. Moreover, in January 2021, Panasonic has launched next-generation augmented reality head-up display in cars. The AR HUD supports artificial intelligence which detects harmful hazards, pedestrians, cyclists, bridges, and other vehicles. In addition, the AR HUD system has inbuild with the functions such as artificial intelligence which is driven to provides a key information into the driver’s line of sight, and reduces the distraction of the driver and potentially increases road safety. Besides, in August 2021, Corning Inc., in collaboration with Hyundai has designed an automotive glass solution in a new augmented reality head-up display. The newly designed AR HUDs transform the windshield into an immersive display screen, reflecting large and dynamic images onto a road. Corning Inc., states that in 2020, around 5 million cars possessing HUD technologies were sold, and the number is expected to double by 2025.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Head Up Display Market– Segmentation
By Type
- Conventional Head Up Display
- Augmented Reality Head Up Display
By Aplication/Components
- Video Generators
- Projectors/Projection Unit
- Display Units Software
Global Head Up Display Market by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global head up display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of marketentry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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