Automotive HUD Market

Global Automotive HUD Market: Increasing Popularity of Luxury Cars and Spending Power
to Drive Growth of Market
Albany, New York, October 16, 2017: The latest report by Future Market Insights (FMI), titled
“Automotive Head-up Display (HUD) Market: Global Industry Analysis and Opportunity
Assessment 2015 – 2025” offers vital insights on the global market. The global market for
automotive HUD is expected to show an impressive CAGR of 23.2% with respect to market value
and 30.6% with respect to volume over the course of the given forecast period of 2015 to 2025.
Combiner Segment to Grow over Course of Forecast Period
Automotive Head-up Display (HUD) is a system that shows information on the transparent screen,
a windshield or a combiner in a car. This technology helps users to receive vital driving information
and important messaging, thus cutting down the overall chances of probable road accidents.
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The global market for automotive HUD can be segmented in terms of the product type into
combiner and windshield. Of these mentioned product types, the segment of windshield is expected
to dominate the global market over the coming years of forecast. The contribution of combiner
segment is expected to be grow over the mentioned forecast period with a strong CAGR. In addition
to this, the revenue generation from the combiner segment is expected to rise to 53.1% by the year
2025 and is projected to gain 1,940 Basis Point Share and showcase a CAGR of 28.9%.
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Depending on the type of passenger car, the global market for automotive HUD can be segmented
into premium, luxury, mid-size, sports car, and sports utility vehicle. Of these mentioned segments,
the premium car segments has been dominant over the past few years. However, the sports car and
SUV segments are expected to grow at a considerable rate over the given forecast period registering
a strong CAGR.
Asia Pacific to Show Most Promising Growth
In terms of geography, the global automotive market can be segmented into key regions such as
North America, Western Europe, Eastern Europe, Asia Pacific, and the Middle East and Africa. Of
these mentioned regions, North America is expected to continue its dominance over the global
automotive HUD market. The market in Asia Pacific is expected to be most promising owing to
increasing popularity of luxury cars in the region along with rise in spending power. The other key
segments such as MEA and Latin America are also expected to show steady growth.
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Market Players : Some of the prominent players in the global market for automotive HUD involve
names such as Delphi Automotive LLP, Continental AG, JOHNSON CONTROLS, Denso
Corporation, MicroVision Inc., Robert Bosch GmbH, Nippon Seiki Co. Ltd., Harman International
Industries, Visteon Corporation, and YAZAKI Corporation. These companies continue to raise their
international presence by expanding their businesses in the emerging market with the help of
mergers, takeovers, and launch of innovative products.
For instance, back in 2015, Continental AG finished up the takeover of Elektrobit Automotive
Group to broaden its expertise in the field of automotive software solutions. Some major players in
the global automotive HUD market such as Denso Corporation, Continental AG, Robert Bosch
GmbH, and Nippon Seiki Co. Ltd. have been concentrating more on the activities of research and
development so as to have a considerable advantages over other rivals in the market. Apart from
these strategic moves, the key players in the market are also concentrating on the commercializing
activities and associations with numerous big automotive OESs such as Audi AG, Mercedes-Benz
AG, and BMW AG.
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