Head-Up Display (HUD) Market Expected to Grow at Healthy of CAGR of 34.2% by 2023


Posted October 19, 2020 by shivF26

The analysts at AllTheResearch have forecasted the Global Head-Up Display (HUD) market to grow at a CAGR of 34.2% during the period 2018 to 2023
 
Snapshot of Global Head up Display Ecosystem:
Increasing use of Virtual Reality Displays and Google Glasses in different sectors has made automobiles companies to come up with new innovations. The new technology of AR-VR in HUD has come up with a new way of using GPS, unlike a few years ago, when a turn was missed while using GPS or the roadway was missed due to using and setting the radio in car. HUD installed on car display shows information or data in such a manner that the user doesn’t get distracted and lose focus of their current task.

The growth of thisHead up Display Marketis primarily driven by increasing disposable incomes, growing technological innovation in Military, Defense and aerospace, Automotive industry. Traditionally, the head-up display was built for aviation and military applications, but now, they are being increasingly used in the automotive industry. HUDs are segmented into combiner HUDs and windshield HUDs. The increasing adoption of the head-up display technology by OEMs is reducing installation prices of head-up display systems, and this is increasing the importance given to vehicle and passenger safety systems.

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Impact of COVID-19:

Head up Display Market report analyses the impact of Coronavirus (COVID-19) on the Head up Display industry.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Head up Display market in 2020.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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Global Head up Display Market Segmentation:
Following Top Key players are profiled in this Market Study:
Nippon Seiki, Continental, Visteon, DENSO, BAE Systems, Others

End User: Military, Defense and aerospace, Automotive, Others

Global Head up Display Ecosystem

According to a study conducted by National Highway Traffic Safety Administration (NHTSA), about 80% of the accidents happening in the United States are caused due to driver distraction. With rapid technological advancements happening in the automotive industry, HUDs have helped drivers in not only viewing vehicle information but also information about the surrounding environment. Drivers can be alerted with several notifications, such as incoming phone call and messages, driving speed, navigation, imminent collision, when the vehicle ahead is braking, etc. The importance of the United States in automotive safety makes North America one of the leading geographies in the automotive HUD market scenario after Europe.

Table of Content:
Ecosystem Report Table of Content

Introduction
Global Head up Display Market Ecosystem Definition
Scope of study
Executive Summary
Global Market Segmentation
Head up Display Market Ecosystem Positioning

Global Head up Display Market Ecosystem Snapshot
Global Head up Display Market Ecosystem Segmentation
By Component
Head up Display Market Ecosystem Sizing, Volume, and ASP Analysis and Forecast

Global Head up Display Market Ecosystem Sizing and Volume
Cross-segmentation
And More…

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AllTheResearch

Contact Person: Rohit B.

Tel: 1-888-691-6870

Email: [email protected]
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Contact Email [email protected]
Issued By Shiv
Country United States
Categories Automotive , Technology , Transportation
Tags Head-UpDisplay(HUD)Market
Last Updated October 19, 2020