Saudi Arabia Automotive Head Up Display (HUD) Market, By Type (Windshield HUD, Combiner HUD); By Technology (Augmented Reality, Conventional); By Vehicle Type (Passenger Car, Commercial Vehicle); By Sales Channel (OEM, Aftermarket), Trend Analysis, Competitive Landscape & Forecast, 2022–2028
Saudi Arabia Automotive Head Up Display (HUD) Market to Record Accelerated Growth at 13.5% CAGR during 2022–2028
Saudi Arabia automotive head up display (HUD) Market is flourishing because of increased automobile production and sales, as well as growing customer awareness of road, vehicle, and passenger safety.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Saudi Arabia Automotive Head Up Display (HUD) Market size to grow at a significant CAGR of 13.5% during the forecast period between 2022 and 2028. The expansion of Saudi Arabia automotive HUD market is driven by rising automobile production and sales, as well as increased customer awareness of road, vehicle, and passenger safety. Technology advancements to improve driving experience, as well as the introduction of connected cars, are also accelerating the growth of Saudi Arabia automotive HUD market. Because of the increase in road accidents, leading authorities are enacting strict traffic laws to protect vehicle and passenger safety by incorporating HUDs, which provide essential information to motorists about navigation, speed, and other driving assistance data. Rapid population growth, rising living standards, and increased personal disposable income allow people to buy private vehicles for daily commuting. Therefore, all these factors are projected to drive the expansion of Saudi Arabia automotive HUD market during the period in analysis. However, more space needed in the automotive cockpit and power usage, insufficient brightness, and lack of luminance is anticipated to limit the growth of Saudi Arabia automotive HUD market.
Saudi Arabia Automotive Head Up Display (HUD) Market - By Overview
Automobile manufacturers are developing 2D and 3D head-up displays (HUD). HUDs are now conventional in passenger vehicles. Automotive manufacturers are rushing to master HUD technology, as HUDs represent the next big advancement in interior automotive technology.
Saudi Arabia Automotive Head Up Display (HUD) Market - By Type
Based on type, Saudi Arabia Automotive HUD market is segregated into Windshield HUD and Combiner HUD segments. The windshield HUD is expected to hold the highest share in the market due to its superior safety and integration of new features, such as blind spot detection and navigation metrics, to enhance the safety and luxury. Rapid advancements in technology will drive market growth by making windshield HUD more affordable and integrating it with advanced driver assistance systems and autonomous vehicles.
Impact of COVID – 19 on Saudi Arabia Automotive Head Up Display (HUD) Market
COVID-19 virus had a detrimental effect on Saudi Arabia automotive HUD market. Manufacturers witnessed a decline in HUD sales during the first half of 2020, as government-imposed restrictions on transportation and travel. Factory closures around the world had a significant impact on vehicle sales. New COVID-19 cases, however, stymied the automotive HUD market growth in Saudi Arabia. Furthermore, due to the cancellation and postponement of global trade events, funds for the research and development of automotive HUDs were severely impacted.
Competitive Landscape
Saudi Arabia automotive head up display (HUD) market is fiercely competitive. Prominent players in the market include Continental AG, Visteon Corporation, Harman International Industries, Inc., TomTom NV, Robert Bosch GmbH, Denso Corporation, Yazaki Corporation, Aptiv Plc, Panasonic Corporation, and BAE Systems plc. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, market initiatives, mergers and acquisitions, and other collaborative activities.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Saudi Arabia Automotive Head Up Display (HUD) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Automotive Head Up Display (HUD) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Automotive Head Up Display (HUD) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing understanding of vehicle and passenger safety
- 3.2.1.2. Growing need to enhance the in-car experience
- 3.2.1.3. Increasing need for connected cars
- 3.2.1.4. Incorporating innovative technologies
- 3.2.2. Restraints
- 3.2.2.1. Greater room is needed in the automotive cockpit
- 3.2.2.2. High power usage, insufficient brightness, and lack of luminance
- 3.2.3. Opportunities
- 3.2.3.1. Increasing interest in electric and semi-autonomous vehicles
- 3.2.3.2. Introduction of portable HUDs in the low- and middle-priced automotive segments at an earlier stage
- 3.2.4. Challenges
- 3.2.4.1. Excessive cost of advanced HUD systems
- 3.2.4.2. Requirement of technology updates
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Automotive Head Up Display (HUD) Market Overview
- 4.1. Market Size & Forecast by Value, 2018–2028
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Windshield HUD
- 4.2.1.2. Combiner HUD
- 4.2.2. By Technology
- 4.2.2.1. Augmented Reality
- 4.2.2.2. Conventional
- 4.2.3. By Vehicle Type
- 4.2.3.1. Passenger Car
- 4.2.3.2. Commercial Vehicle
- 4.2.4. By Sales Channel
- 4.2.4.1. OEM
- 4.2.4.2. Aftermarket
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Market Share Analysis, 2021
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on Saudi Arabia Automotive Head Up Display (HUD) Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
- 7.1. Continental AG
- 7.2. Visteon Corporation
- 7.3. Harman International Industries, Inc.
- 7.4. TomTom NV
- 7.5. Robert Bosch GmbH
- 7.6. Denso Corporation
- 7.7. Yazaki Corporation
- 7.8. Aptiv Plc
- 7.9. Panasonic Corporation
- 7.10. BAE Systems plc
- 7.11. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5. Assumption & Limitation
- *Financial information in case of non-listed companies will be provided as per availability
- **The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
- List of Figures
- Figure 1 Saudi Arabia Automotive Head Up Display (HUD) Market Segmentation
- Figure 2 Saudi Arabia Automotive Head Up Display (HUD) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 Saudi Arabia Automotive Head Up Display (HUD) Market Size, By Value (USD Million), 2018–2028
- Figure 5 Saudi Arabia Automotive Head Up Display (HUD) Market Share, By Type, By Value, 2018–2028
- Figure 6 Saudi Arabia Automotive Head Up Display (HUD) Market Share, By Technology, By Value, 2018–2028
- Figure 7 Saudi Arabia Automotive Head Up Display (HUD) Market Share, By Vehicle Type, By Value, 2018–2028
- Figure 8 Saudi Arabia Automotive Head Up Display (HUD) Market Share, By Sales Channel, By Value, 2018–2028
- List of Table
- Table 1 Saudi Arabia Automotive Head Up Display (HUD) Market Size, By Type, By Value (USD Million), 2018–2028
- Table 2 Saudi Arabia Automotive Head Up Display (HUD) Market Size, By Technology, By Value (USD Million), 2018–2028
- Table 3 Saudi Arabia Automotive Head Up Display (HUD) Market Size, By Vehicle Type, By Value (USD Million), 2018–2028
- Table 4 Saudi Arabia Automotive Head Up Display (HUD) Market Size, By Sales Channel, By Value (USD Million), 2018–2028
- Table 5 Continental AG Company Overview
- Table 6 Continental AG Financial Overview
- Table 7 Visteon Corporation Company Overview
- Table 8 Visteon Corporation Financial Overview
- Table 9 Harman International Industries, Inc. Company Overview
- Table 10 Harman International Industries, Inc. Financial Overview
- Table 11 TomTom NV Company Overview
- Table 12 TomTom NV Financial Overview
- Table 13 Robert Bosch GmbH Company Overview
- Table 14 Robert Bosch GmbH Financial Overview
- Table 15 Denso Corporation Company Overview
- Table 16 Denso Corporation Financial Overview
- Table 17 Yazaki Corporation Company Overview
- Table 18 Yazaki Corporation Financial Overview
- Table 19 Aptiv Plc Company Overview
- Table 20 Aptiv Plc Financial Overview
- Table 21 Panasonic Corporation Company Overview
- Table 22 Panasonic Corporation Financial Overview
- Table 23 BAE Systems plc Company Overview
- Table 24 BAE Systems plc Financial Overview
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