Sarasota, FL, Oct. 17, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Global Automotive Heads-up Display (HUD) Market (Combiner-projected HUD’s, Windshield-projected HUD’s) for Mid-size Car and Premium Car- Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, demand for global automotive heads up display market was valued at USD 411.57 million in 2015, is expected to reach USD 1,291.68 million in 2021 and is anticipated to grow at a CAGR of slightly above 21.68% between 2016 and 2021. In terms of volume, the global automotive heads up display market stood at above 1.26 million units in 2015.
A HUD is a display indicator that displays information on a transparent screen, combiner, or windshield. Automotive and aviation are the major end-users of HUDs. A combiner, projector unit, display panel and video generator are the key components used in HUD.
Browse through 56 Market Tables and 14 Figures spread over 110 Pages and in-depth TOC on “Global Automotive Heads-up Display (HUD) Market: By Type, Product, Industry Size, Share, Trends, Segment and Forecast 2015-2021”.
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North America dominated the automotive heads up display market due to the high production of cars in the region. North America is a big hub for electronic devices industries across the world. It is the leading regional market for automotive heads up display and different operating systems used to increase security and convenience of the user. U.S. was a major revenue contributor for automotive heads up display market in 2015.
North America was followed by Asia Pacific in 2015. China is the leading manufacturer of car and other vehicles. Asia Pacific is one of the fastest growing regional markets for automotive heads-up display within the forecast period due to applications of heads up displays in its growing automotive industry. Competition in the automotive industry in China is increasing which reduces the price of HUD. Low manufacturing costs and fast response time helps to grow the market in China. Audi, BMW, Mercedes-Benz, Porsche, and Volkswagen are some leading manufacturers of cars with HUD. Japan is other leading producer of the car and automotive equipment. Japan is excellently positioned in the automotive heads up display market space.
Browse the full "Global Automotive Heads-up Display (HUD) Market (Combiner-projected HUD’s, Windshield-projected HUD’s) for Mid-size Car and Premium Car- Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/automotive-heads-up-display-market
Latin America, Middle East, and Africa are likely to have moderate growth for automotive heads up display market during the estimated five years. Shifting technological preferences due to security issues coupled with increasing demand for cars is expected of fuel the automotive heads up display market within the forecast period.
Some of the key industry participants in global automotive heads-up display market include Panasonic, Nippon Seiki, Delphi Automotive, Continental, Denso Corporation, Microvision Inc., Yazaki Corporation, and Visteon Corporation.
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This report segments the global market as follows:
Global Automotive HUD Market: Product Segment Analysis
- Combiner-projected HUD’s
- Windshield-projected HUD’s
Global Automotive HUD Market: End-user Analysis
- Mid-size Cars
- Premium Cars
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Global Automotive HUD Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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