As per the research by Market Research Future Reports (MRFR), the global head-up displays market is estimated to value USD 11 billion, thriving at a CAGR of 24% during the forecast period from 2016 to 2022. The development of technology in the aviation and defense sector is the most significant reason factor driving the global head-up displays market 2020. The demand for safety has increased significantly, which acts as a major element that drives the market. Besides, it also saves time for people and stands fit into the driver’s field of vision. Also, the rise in passenger traffic has resulted in an increased demand of head-up displays in the civil aviation segment.
The market competitors of the global head-up display market are-
Hudway (U.S.), Penny AB (Sweden), Robert Bosch GMBH (Germany), Denso Corporation (Japan), Yazaki Corporation (Japan), Esterline Technologies Corporation (U.S.), Saab Automobile AB (Sweden), Micro Vision Inc. (U.S.), Visteon Corporation (U.S.), BAE Systems Inc. (U.K.), Honeywell Aerospace (U.S.), Nippon Seiki Co. Ltd (Japan), Continental AG (Germany), and a few others.
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Moreover, the desire to provide better consumer experience in aircraft or vehicle is a crucial factor which leads to market expansion. The head-up displays market is estimated to rise considerably in the forthcoming period. The increased disposable income and a better standard of living have resulted in market expansion. The consumers are adopting technology faster and becoming more tech-savvy, which is an important factor in propelling the market. However, the light-efficiency is low due to the difficult structure of the optical system in head-up display, which acts as a major factor of hindrance in expanding the market.
The research performed by MRFR tracks the aftermath of the COVID-19 pandemic. Furthermore, a precise evaluation of factors augmenting and impeding the market in the post-COVID-19 environment has been analyzed. We will provide COVID-19 impact analysis with the report.
The worldwide head-up displays market is segregated on the basis of application, type, component, and region.
On the basis of application, the worldwide head-up displays market can be segregated into the military and civil aviation sector and automotive industry.
On the basis of type, the worldwide head-up displays market can be segregated into fixed-mounted head-up displays are the displays where the driver looks through the image shown, which is visible on the glass of aircraft/vehicle. These displays generally have a usage in motor vehicles and aircraft. The size and weight of this type of display system are more than any other head-up display type.
On the basis of component, the worldwide head-up displays market can be segregated into video-generator, projector unit, and combiner.
On the basis of region, the worldwide head-up displays market can be segregated into Asia Pacific, North America, Europe, and the Rest of the World.
The regional analysis of Asia Pacific, North America, Europe, and the Rest of the World has been conducted. As per the research by MRFR, North America is estimated to dominate the global market. It is estimated to acquire the maximum market share during the review period. The region is becoming aware of the safety systems and new technologies associated with it and is adopting it fast as well. This factor has made a significant contribution to expanding the regional market. The second position is estimated to be attained by Europe. The region has been witnessing an exponential increase in demand for SUV’s and luxury cars incorporated with head-up display systems.
However, the outbreak of pandemic coronavirus has affected several regional markets. The constant lockdown observed in several regions has changed the market dynamics.
Study Objectives of Head-Up Display Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the head-up display market.
- To provide insights about factors affecting the market growth.
- To analyze the head-up display market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment on the basis of type, component and application.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the head-up display market.
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
List of Tables
Table 1 Head-up Display Market, by Type
Table 2 Head-up Display Market, by Component
Table 3 Head-up Display Market, by Application
Table 4 Head-up Display Market, by Regions
Table 5 North America Head-up Display Market, by Type
Table 6 North America Head-up Display Market, by Component
Table 7 North America Head-up Display Market, by Application
Table 8 U.s. Head-up Display Market, by Type
List of Figures
Figure 1 Research Type
Figure 2 Head-up Display Market: by Type (%)
Figure 3 Head-up Display Market: by Component (%)
Figure 4 Head-up Display Market: by Application (%)
Figure 5 Head-up Display Market: by Region (%)
Figure 6 North America Head-up Display Market, by Type (%)
Figure 7 North America Head-up Display Market, by Component (%)
Figure 8 North America Head-up Display Market, by Application (%)
Figure 9 Europe Head-up Display Market, by Type (%)
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