Global Automotive Head up Display (HUD) Helmet Market – Industry Trends and Forecast to 2029

Global Automotive Head up Display (HUD) Helmet Market, By Connectivity (Tethered, Embedded), Component (Hardware,  Software), Display (OLED, LCOS and LCD, LED), Outer Shell Material (Carbon Fiber, Kevlar and Plastic, Glass Fiber), Power Supply (Rechargeable Batteries, Solar-Powered System, Vehicle Battery Powered), Technology (Convectional HUD, AR HUD), End-User (Racing Professionals, Personal Use), Functional (Navigation, Communication, Performance Monitoring) – Industry Trends and Forecast to 2029

Automotive Head up Display (HUD) Helmet Market Analysis and Size

The use of automotive head up display (HUD) helmets facilitates the consumer to navigate without the smartphone and notice the blind spots while driving, which decreases the possibility of accidents. Furthermore, rising adoption of artificial intelligence in automobiles is a major factor for driver the growth of the automotive head up display (HUD) helmets market. Also, the advanced technologies such as light emitting diodes and liquid crystal display offer transparent and bright images on the windshield increase the demand of the automotive head up display (HUD) helmets which are anticipated to boost the growth of the market.

Data Bridge Market Research analyses that the automotive head up display (HUD) helmet market was valued at USD 0.76 billion in 2021 and is expected to reach USD 6.55 billion by 2029, registering a CAGR of 30.90% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.     

Report Scope and Market Segmentation

Market Definition

The automotive head-up display (HUD) consists a small projector that displays important smartphone features such as phone calls and google maps on the inside corner of the helmet’s visor. It remains transparent and won’t obscure the vision. A directional microphone and 55mm 99 decibels flat speaker ensure connectivity with other riders and a powerful sound experience.

Automotive Head up Display (HUD) Helmet Market Dynamics

Drivers

• Rising demand for the safety purposes

The safety of vehicles and passengers become the major concern for vehicle buyers. Regulatory authorities overall the globe are focussing to improve the safety of vehicle. The global status analysis Report on Road Safety 2018 projected that approx. more than 1.35 million road traffic deaths occur in each year worldwide. The rising demand for automotive head up display (HUD) helmet for safety purposes is expected to drive the market's growth rate.

• Rise in adoption of artificial intelligence in vehicles

Increase in the adoption of artificial intelligence in vehicles is projected to play a vital role in increasing the growth of the automotive head-up display (HUD) market. Developed countries, such as japan and the U.S., are more focused on the adoption of head-up display helmet. The Major luxury vehicles manufacturers have already implemented head-up display helmet in their vehicles.

Opportunities

• Increasing demand for rider assistance systems

Recent analysis from the World Health Organization (WHO) estimate that motorcycle accidents and fatalities increase globally, which is nearly 375,000 every year. This numbers are expected to increase in the upcoming years because of improving socio-economic conditions the sales of the new motorcycles will increase which are expected to create immense opportunity for the growth of the automotive head up display (HUD) helmet market globally.

Furthermore, there is a rising demand for its wider adoption in economic models to improve the comfort and safety.

Restraints/ Challenges

• High Cost

The high cost of head up display (HUD) technology has been reduced due to new innovations and rising product production. However, automotive helmets become very expensive, obstructing the demand of the head up display (HUD) helmet and restraining the market's growth.

• Growth of portable multimedia

 Expansion of portable multimedia is likely to distract the driver during driving and the display of flashing text and voice can be responsible for accidents which will act as a restraint, and further challenge the growth of automotive head up display (HUD) helmet market during forecast period of 2022-2029.

This automotive head up display (HUD) helmet market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive head up display (HUD) helmet market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Automotive Head up Display (HUD) Helmet Market

The automotive sector showed sharp declines in the production and sales of automotive head up display (HUD) due to the outbreak of COVID-19 pandemic. Governments imposed global lockdowns to curb the widespread pandemic, and several manufacturers had to suspend operations temporarily. It has also led to long lead times and decrease the production rate of automotive head up display (HUD), even after the complete lifting of pandemic-related restrictions. On the other hand, This pandemic will have a negligible impact on the medium to long-term growth of the automotive head up display (HUD) helmet market due to the demand of luxury vehicles, especially in emerging markets,

Global Automotive Head up Display (HUD) Helmet Market Scope

The automotive head up display (HUD) helmet market is segmented on the basis of connectivity, component, display, outer shell material, power supply, technology, end user and functional. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Connectivity

• Tethered
• Embedded

 Component

• Hardware
• Software

Display

• OLED
• LCOS and LCD
• LED

 Outer Shell Material

• Carbon Fiber
• Kevlar and Plastic
• Glass Fiber

Power Supply

• Rechargeable Batteries
• Solar-Powered System
• Vehicle Battery Powered

Technology

• Convectional HUD
• AR HUD

End-User

• Racing Professionals
• Personal Use

Functional

• Navigation
• Communication
• Performance Monitoring

Automotive Head up Display (HUD) Helmet Market Regional Analysis/Insights

The automotive head up display (HUD) helmet market is analysed and market size insights and trends are provided by country, connectivity, component, display, outer shell material, power supply, technology, end-user and functional as referenced above.

The countries covered in the automotive head up display (HUD) helmet market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

Asia-Pacific dominates the automotive head up display (HUD) helmet market in terms of market share and market revenue. This is due to the rising environmental concern among people and government and growing number of electric vehicles in this region.

During the projected period, North America and Europe are expected to be the fastest developing regions due to growing emphasis on safety in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive head up display (HUD) helmet Market Share Analysis

The automotive head up display (HUD) helmet market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive head up display (HUD) helmet market.

Some of the major players operating in the automotive head up display (HUD) helmet market are:

• Robert Bosch GmbH (Germany)
• Continental AG (Germany)
• DENSO Corporation (Japan)
• Magna International Inc (Canada)
• ZF Friedrichshafen AG (Germany)
• Pioneer Corporation (Japan)
• NVIDIA Corporation (U.S.)
• Panasonic Corporation (Japan)
• Garmin Ltd (U.S.)
• HARMAN International (U.S.)
• LG Display Co, Ltd (China)
• Marelli Holdings Co., Ltd. (Japan)
• Mitsubishi Electric Corporation (Japan)
• Texas Instruments Incorporated (U.S.)
• Visteon Corporation (U.S.)
• TOSHIBA CORPORATION (Japan)
• ALPS ALPINE CO.LTD (Japan)
• Valeo (France)
• Clarion (Japan)
• Mitsubishi Electric Corporation (Japan)