RISING DEMAND OF CONNECTED VEHICLES:
A connected car is a car with internet access, connected by a wireless local area network or dedicated short-range communications (DSRC) radios. The demand of connected car has been rising exponentially due to its advantages such as voice commands and hands-free controls, bluetooth, 4G Wi-Fi hotspots, road side assistance, traffic, safety and collision warnings, parking apps, navigation, leave alerts & text alerts, real-time weather, real-time traffic and others
Thus, rising demand of connected vehicles is supplementing the overall market of head-up display globally.
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INCREASED AWARENESS REGARDING PASSENGER AND VEHICLE SAFETY:
The loss of life because of rapidly increasingly road accidents is raising the need of implementing safety measures.
Thus, the United Nations is adopting specific road safety targets to curb the issue and many stakeholders are involved such as national and local governments, multilateral development banks, bilateral donors, civil society and automobile manufacturers.
As manufacturers involved in road safety target, they have installed head-up display in cars to reduce distraction and increases driver’s safety, as it seems that most of the road accidents have occurred due to the distraction of driver.
Thus, manufacturers have started installing head-up display in cars and have increased awareness regarding passenger and vehicle safety, is one of the factors for growing the global head-up display market.
RISING APPLICATION OF HUD IN AIRCRAFT:
In aircraft, combiner (glass sheet) is used to combine the head-up display information with the view out of the aircraft. During early military head-up display (HUD) development, it was observed that pilots using head-up display could operate their aircraft with more accuracy and greater precision as compared to conventional flight instrument systems. This observation led to the evolution of head-up display for aircraft.
Today, head-up display has various applications in aircraft such as showing important information of landing-flare cues, unusual-attitude, tail strike warning and wind shear detection. It also shows Airborne Collision Avoidance System (ACAS) alerts, runway distance remaining and rejected take off in low visibility. In addition, it provides braking performance as 1, 2, 3 or MAX, autobrake settings and runway surface contaminant.
Thus, global head-up display market is growing because of its rising application and benefits related with head-up display in aircraft.
RESTRAINTS:
FATAL ERRORS IN HUDS:
One of the main reasons for using the HUDs (Head- Up Displays) in the vehicles and aircrafts is to provide speed, vehicle malfunction warnings, radio settings, and other real time information to the drivers about the surroundings and to show the way on the windshield. These functions provide safety and comfortability, so that driver won’t get distracted with any of the incidents happening in the surroundings, but errors in the HUD system may result into an accident or can affect the driving.
The HUDs are used in aircrafts for which. FAA (Federal Aviation Administration) has set some benchmarked specifications for the systems which are as follows:
So, such errors caused by HUD’s are harmful for human life, thus, it can retrain the growth of the market.
HIGH REQUIREMENTS FOR LIGHT, LUMINESCENCE AND POWER FOR HEAD UP DISPLAYS:
HUDs provide the feature of light adjustments in luminance and contrast to display the information to the drivers and the pilots with respect to the requirements depending on the outside light conditions. If there wouldn’t be sufficient light or power in the systems, then, the driver or pilot may not be able to operate it properly. A large display and LEDs have been used in HUD system for projecting the information, along with latest technology and software.
The required brightness for the HUD is much higher than the brightness used for indoor applications as the background may be very bright, for which high power is required. The heat management system to manage the heat emitting from the system can be costly and would require maintenance in short intervals of time.
OPPORTUNITY:
PARADIGM SHIFT TO AUTONOMOUS VEHICLES:
In the United States, insurance facility is one of the major benefits given to the patients from the government and private organizations. The health insurance data is highly complex and fragmented data which requires a huge database to store the data. In U.S. fraudulent cases in the healthcare industry was highly reported. Up coding this is the act of billing for more expensive services and or procedures that were actually performed.
In the healthcare fraud, it is intentional deception and misrepresentation resulting in the use of the data for unauthorized benefits by any individual or any third party source.
Protecting the data from breaching and minimizing the use of the data by any third party source, biometric technology is playing a vital role in the healthcare sector. In securing the confidential data of the patient, biometric is playing a crucial role. This creates a great opportunity for biometric to grow in the healthcare industry.
CHALLENGE:
INCORPORATION OF THESE DEVICES INTO EXISITING SYSTEMS:
In many healthcare industries, access cards are highly preferred because it reduces the chaos after-hours shift and hence secures the sensitive information. Access control system limits the business to specific areas. It increases the safety of the employees while entering the business premisesand allows the entry of only authorized persons.
In most of the countries to reduce the healthcare cost card-based e-health networks have been introduced. These cards improve the communication between practitioners and enhance the quality of service. These cards services are streamlined and reduce the chances of fraudulent. Card-based and smart chip technology with medical applications and data has created an interoperable system that offers health insurance providers economic efficiency and high level of security and privacy protection to the customers. Electronic health professional card allows the medical practitioner to access the patient data stored on the cloud.
The installation of the biometric systems in the healthcare industry where access control system is already installed is the major challenge in the growth of the market.
Market Trends:
Some of the major players operating in this market are Gemalto NV, agnitio, BioAXS Co. Ltd., Cenmetrix (Pvt) Ltd. , FUJITSU, HID Global Corporation, Hitachi, Ltd. , Integrated Biometrics, Innovatrics, IRITECH, INC., LaserLock International, Inc., M2SYS Technology, MorphoTrust USA, Nuance Communications, Inc., Qualcomm Technologies, Inc. , SecuGen Corporation, Uniphore, lumenvox, VoiceVault Voice Authentication and other.
Europe Head-up Display Market – Industry Trends and Forecast to 2026
Asia- Pacific Head-up Display Market – Industry Trends and Forecast to 2026
North America Head-up Display Market – Industry Trends and Forecast to 2026
Middle East and Africa Head-up Display Market – Industry Trends and Forecast to 2026