North America Head-up display Market, By Type (Conventional HUD, AR-Based HUD), Product (Windshield-based, Combiner-based), Technology (Light-Emitting Diode, Cathode Ray Tube, Microelectromechanical System, Optical Waveguide), Component (Video Generator Display Unit, Projector/Projection Unit, Software, Others), Application (Aviation, Automotive), Sales Channel (OEMs, Aftermarket), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Head-up display Market
Head-up display market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the head-up display market to exhibit a CAGR of 20.7% for the forecast period of 2021-2028.
The head-up display (HUD) is a projection unit which projects a brightly lit image or video onto a transparent surface. Head-up display shows the virtual information on the same place so driver should keep their eyes on. It basically reduces attention time and driver/pilot’s distraction, and can enable head-up display by using voice and further it provides important information such as speed cameras, distance to the next turn, turn arrows, current speed and speed limit, estimated time of arrival and others.
The higher penetration rate of head-up displays in aerospace and defense sector emerge as the major factor driving market growth. Growing demand for connected vehicles, due to safety features that offer comfort, superior convenience and entertainment will also foster the market growth. However, the limitations such resolution, luminance, brightness, and power efficiency act as a restraint for the market.
In addition to this, the high demand for semi-autonomous and electric vehicles and the development in such vehicles create new opportunities for growing the market within the forecast period. The impact on supply chain due to COVID-19 will dampen the growth rate that further result as a challenge for the market.
This head-up display 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, geographical expansions, technological innovations in the market. To gain more info on head-up display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Head-Up Display Market Scope and Market Size
The head-up display market is segmented on the basis of type, product, technology, component and sales channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the market is segmented into conventional HUD and AR-based HUD.
- On the basis of product, the market is segmented into windshield-based and combiner-based.
- On the basis of technology, the market segmented into light-emitting diode, cathode ray tube, microelectromechanical system and optical waveguide.
- On the basis of component, the market is segmented into video generator display unit, projector/projection unit, software and others.
- On the basis of sales channel, the head-up display market is segmented into OEMs and aftermarket.
Head-up display Market Country Level Analysis
The head-up display market is analyzed and market size, volume information is provided by product, dimension, lumen, resolution, technology and application as referenced above.
The countries covered in the head-up display market report are U.S., Canada and Mexico in North America.
U.S region dominates the head-up display market due to increasing adoption of the latest technologies and increase in awareness about active safety systems in automobile and aircraft manufacturing business within the region.
The country section of the head-up display market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America 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 Head-up display Market Share Analysis
The head-up display 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, North America 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 head-up display market.
The major players covered in the head-up display market report are Honeywell International Inc, Saab, ROBERT BOSCH GMBH, Garmin Ltd, Continental AG, Collins Aerospace, Thales Group, Yazaki Corporation, Nippon Seiki Co., Ltd., DENSO CORPORATION, Visteon Corporation, BAE Systems, Pioneer Corporation, BorgWarner Inc., PANASONIC CORPORATION, Elbit Systems Ltd., HUDWAY, LLC., HOLOEYE Photonics AG., and NAVDY among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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