Automotive HUD Market Size to Surpass USD 6.27 Billion by 2029, at a 30% CAGR from 2022 to 2029

Automotive HUD industry Key Players Include Robert Bosch, Continental, Denso, Visteon, Nippon Seiki, Panasonic and Pioneer, Yazaki

LUTON, BEDFORDSHIRE, UNITED KINGDOM, November 30, 2023 /EINPresswire.com/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Automotive HUD Analysis Report.

According to a Comprehensive Research Report by Exactitude Consultancy, “Automotive HUD Market by Technology (Conventional HUD, Augmented Reality HUD), by HUD Type (Combiner HUD, Windshield HUD), by Dimension Type (2-D HUD, 3-D HUD), by Passenger Class, by Vehicle Type, and Region, Global trends and forecast from 2022 to 2029”, The global Automotive HUD Market is expected to grow at a 30% CAGR from 2022 to 2029. It is expected to reach above USD 6.27 billion by 2029 from USD 0.6 billion in 2020.

Global demand for automotive HUD solutions is expected to rise as a result of rising awareness of passenger and vehicle safety as well as steady growth in the luxury and high-end car segments, particularly in emerging markets. Additionally, the growing demand for semi-autonomous vehicles combined with the increasing penetration of electric vehicles is anticipated to generate profitable opportunities for the global automotive HUD market in the upcoming years.

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Note – This Report Sample Includes:

✔ A summary of the research work.

✔ Table of Contents The study’s depth of coverage

✔ Market participants at the forefront

✔ The research framework of the report’s structure

✔ Exactitude Consultancy’ research methodology

Recent Developments

In July 2023, Panasonic Automotive Systems Co., Ltd., a group of Panasonic Holdings Corporation, announced that its intelligent room mirror (electronic mirror) linked with a drive recorder and head-up display (HUD), have been adopted for the new Nissan Serena e-Power. The HUD linked with the mirror uses a 2-megapixel camera and a high-resolution display, as well as proprietary image processing technology, to achieve high-definition images and improved nighttime visibility.

In February 2023, Huawei Technologies Co., Ltd. announced that Rising Auto, the NEV (New Energy Vehicle) brand of SAIC Motor Corporation Limited (SAIC Motor), will equip its R7 model with Huawei AR HUD (augmented reality head-up display). The innovative AR HUD launched by Huawei will provide R7 users with a smarter, safer, and more convenient mobility experience.

Automotive HUD Market Competitive Landscape:

The major vendors in the Automotive HUD industry are

Robert Bosch, Continental, Denso, Visteon, Nippon Seiki, Panasonic, Pioneer, Yazaki

Some points on how the report benefits stakeholders:

The Automotive HUD Market reports include historical (2018–2020) and forecast (2022–2029) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.

The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.

Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2029.

The Automotive HUD Industry report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.

The report contains company profiles of the top companies operating in the Automotive HUD market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.

Automotive HUD Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.

Browse Full Premium Report | Automotive HUD Market Analysis with Strategic Developments

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What are the market factors explained in the report?

Key Strategic Developments: The study includes key strategic developments of the Automotive HUD, comprising R&D, new product launch, mergers and acquisitions, agreements, partnerships, collaborations, joint ventures, and regional growth of key competitors operating in the market globally and region.

Key Market Features: The report analyzed key market features including price, revenue, capacity, supply/demand, capacity utilization rate, gross production, production rate, market share, consumption, import/export, cost, CAGR and gross margin. Furthermore, the report also offers a comprehensive study of the key Automotive HUD dynamics and its latest trends, along with relevant market segments and sub-segments.

Analytical Tools: The Global Outsourced Automotive HUD report includes accurately researched and analyzed data on the key industry players and their scope in the market through various analytical tools. Analytical tools such as Porter's five forces analysis, feasibility study, and ROI analysis have been used to analyze the growth of the key players operating in the market.

Regional Analysis

The Automotive HUD market by region includes Asia-Pacific (APAC), North America, Europe, South America, and Middle East & Africa (MEA).

North America: includes the US, Canada, Mexico
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
South America: includes Brazil, Argentina and Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA

“The Asia pacific automotive HUD market is projected to hold the largest share by 2028.”

By 2028, the Asia Pacific region is anticipated to have the biggest market for automotive HUDs. In the upcoming years, it is anticipated that South Korea, Japan, and China will lead the way in autonomous driving technology. Prominent automotive producers in this area, including Toyota, Honda, and Hyundai, have tapped into the benefits of safety systems and integrated crucial safety elements into every model they produce.

In terms of value and volume, China is anticipated to have the greatest influence on the Asia Pacific automotive HUD market. The rising sales of cars with HUD technology are another factor contributing to China's significant market share. Some of the models in China with automotive HUDs are Changan Raeton PLUS, Changan CS75, and Haval H6.

Frequently Asked Questions

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