Head Up Display (HUD) Market [by Mount Type (Helmet Mounted, Fixed Mounted), by Component Type (Projector, Video Generator, Combiner, Others), by End-Use Type (Aviation, Automotive, Wearables, Others); By Regions]: Market size & Forecast, 2017 – 2026
The global Head Up Display market size is expected to reach USD 5.85 billion by 2032, according to a new study by Polaris Market Research. The report “Head Up Display Market Share, Size, Trends, Industry Analysis Report, By Component (Display Units, Software, Video Generators, Projection unit, Others); By Type; By Technology; By End-User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing Head-Up Display market is due to its applications being expanded by the addition of better video-producing technologies to improve the user experience; the head-up display market is expanding quickly. One notable factor propelling the HUD market forward is the automotive industry. Head-up displays (HUD) are an essential component of modern automobile design, ensuring a safer and more connected driving experience. This is due to the necessity for cutting-edge driver assistance systems (ADAS) and the need for cutting-edge in-car experiences. Relentless efforts to reduce technology have resulted in smaller and more affordable HUD options. Head-up displays are becoming more readily accessible on the market. They can be incorporated into a greater range of goods and purposes due to their smaller size and lower cost.
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In recent years, the trend of integrating augmented and virtual reality into head-up displays has enhanced the customer experience, compelling them to adopt this technology. The recent advancement in the adoption of head-up displays in windshields enhances the visibility of the data for the drivers. Integration of mobile devices with head-up displays not only makes the information more accessible but also reduces the distraction caused to the drivers, hence enhancing safety measures and reducing accident rates.
Head Up Display Market Report Highlights
Projection Unit has dominated the market segment due to its wide applications in smart healthcare systems, automobiles, optical displays, aviation, and more.
The AR head-up display has dominated the market due to its design, which projects traffic warnings, speed restrictions, ADAS information, and navigation into drivers' fields of vision in trucks, commercial vehicles, and economy cars using optical projection technology.
CRT-based head-up displays have dominated the market due to their use in head-up displays that are an image-generating source that yields incredibly high-quality pictures.
The automotive segment has dominated the market due to its tech-advanced features, both in luxury and ordinary cars, which meet consumer demands.
Europe led the industry and accounted for a majority of market revenue share owing to the rapid adoption of advanced technologies in automobiles that meet the ADAS rules and regulations all over Europe.
The global key market players include Elbit Systems Ltd, Honeywell International Inc, MicroVision, Renesas Electronics Corporation, Robert Bosch LLC, Saab AB.
Polaris Market Research has segmented the head up display market report based on component, type, technology, end-user and region:
Head Up Display, Component Outlook (Revenue - USD Billion, 2019 - 2032)
Display Units
Software
Video Generators
Projection unit
Others
Head Up Display, Type Outlook (Revenue - USD Billion, 2019 - 2032)
AR-Based Head-Up Displays
Conventional Head-Up Displays
Head Up Display, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
Digital based
CRT-based
Head Up Display, End- user (Revenue - USD Billion, 2019 - 2032)
Automotive
Aviation
Wearable
Others
Head Up Display, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Australia
Malaysia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa