Automotive HUD Market By Type (Combiner HUD and Windshield HUD), Technology [Conventional HUD and Augmented reality HUD (AR HUD)], and Vehicle Type [Passenger Cars, Light Commercial Vehicles (LCVs), and Heavy Commercial Vehicles (HCVs)]: Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026577 | Pages: 100 | Industry: Automotive and Transportation | Date: Oct 2022 | Type: Global

The market crossed US$ 1.7 billion mark in 2022 and is expected to hit US$ 4.0 billion by 2030, recording a CAGR of 30.5% during the forecast period.

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Surging Demand For Increased Adoption Rate of Windshield HUD

Automobile manufacturers and HUD suppliers are working tirelessly to improve automobile systems. These HUDs can now display compass directions, warning messages, radio information, and other information on the windshield. Advanced technologies such as liquid crystal displays (LCD) and light-emitting diodes (LED) enable the display of bright, colorful visuals on the windshield. New projection technologies such as micro mirror-based devices based on electromechanical systems are being introduced in the automotive HUD market, allowing the use of brighter screens with more colors. The introduction of low-cost and novel display technologies is fueling the growth of the automotive HUD market.

The Automotive HUD Market is experiencing a Demand in Passenger Cars

The integration of HUDs with adaptive cruise control aids in delivering warning information such as oil level and tire pressure, as well as alerting the drivers about the vehicle's actual location. Other features include displaying text messages from mobile phones and tracking information from MP3 players. The automotive HUD market has grown in response to a surge in demand for connected automobiles and an increase in the use of advanced driver assistance systems around the world.

Advanced Driver Aid Systems (ADAS) one of the major factors accelerating Automotive HUD Market growth.

Vehicle HUDs (HUDs) are among the most recent advancements in advanced driver aid systems (ADAS). The car HUD help drivers stay more focused on the road by safely displaying speed, warning signals, and other critical vehicle and navigation information on the windshield, directly in the line of sight of the driver. In addition, the car HUD system will be one of the best safety systems if it is combined with onboard cameras and adaptive cruise control. Furthermore, by connecting the HUD units with a vehicle's GPS systems, the driver is aided with maps, turning details, and speed-limit and traffic-sign information on the windshield. Blind-spot detection warnings can also appear on the auto-HUD for ADAS..

Recent strategic developments in the Automotive HUD Market

The Automotive HUD market has undergone several significant developments, and a few of these have been mentioned below:

  • In June 2022, Continental announced the development of a new HUD for trams to help ensure road safety by adding extra safety and comfort features.
  • In July 2022, Nippon Seiki Co., Ltd opened a new factory NIPPON SEIKI POLAND Sp. Z o.o. in Lodz, the Republic of Poland..

Several players drive the Automotive HUD market by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Continental AG; Denso Corporation; Robert Bosch GmbH; Harman International; Yazaki Corporation; Valeo; Nippon Seiki Co., Ltd; Panasonic Automotive Systems Europe GmbH; HUDWAY, LLC; and Japan Display Inc are among the prominent players operating in the Automotive HUD market.

The target audience for the report:

  • Raw material providers
  • Automotive HUD Manufacturers
  • Automotive HUD service providers
  • Lawn Mowe-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies
  • Automotive HUD component suppliers
  • Automotive HUD and components distributors and sales firms
  • End users of Automotive HUD
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the Automotive HUD market has been segmented based on:

  • By Type:
  • Combiner HUD
  • Windshield HUD
  • By Technology :
  • Conventional HUD
  • Augmented reality HUD (AR HUD).
  • By Vehicle Type:
  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • Rest of the World
  • Companies profiled
    • Continental AG
    • Denso Corporation
    • Robert Bosch GmbH
    • Harman International
    • Yazaki Corporation
    • Valeo
    • Nippon Seiki Co., Ltd
    • Panasonic Automotive Systems Europe GmbH
    • HUDWAY, LLC
    • Japan Display Inc.

The List of Companies
- Continental AG
- Denso Corporation
- Robert Bosch GmbH
- Harman International
- Yazaki Corporation
- Valeo
- Nippon Seiki Co., Ltd
- Panasonic Automotive Systems Europe GmbH
- HUDWAY, LLC
- Japan Display Inc.

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