Global Automotive HUD Market Report, published by Variant Market Research, forecast that the global market was valued at $527 million in 2016 and expected to reach $2,786 million by 2024; growing at a CAGR of 23.1% from 2016 to 2024. In geographical segments, Asia Pacific and Rest of the World (RoW) are anticipated to grow at a fastest CAGR of 24.1% and 23.3%, respectively, over the forecast period 2016 – 2024.

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The automotive head-up display market is majorly driven by growing awareness about head-up display (HUD) devices, growing disposable income worldwide, increasing adoption of mid-sized cars and premium cars, product inventions, and new entrants in emerging economies. Though, downscaling of technology and high cost in R&D could hamper the market growth. Additionally, untapped markets and voice controlled HUDs would unfold attractive business opportunities for the market in the coming years.

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The global automotive head-up display market has been categorized into product type, application and geography. Product type can be further categorized into Windshield HUD and Combiner HUD. Moreover, application segment includes luxury cars, premium cars, sports cars, and others (low priced cars and other automobiles). In 2016, in product type, windshield accounted for the major market share with 69.6%. Windshield HUD is projected to reach $1.904 million by 2024 from $367 million in 2016. Combine HUD is anticipated to grow at a fastest CAGR of 23.8% in forecasted period. In 2016, in application segment, premium cars and sport cars accounted for the market share of 45.6% and 27.3% respectively.

North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report. Asia-Pacific is the fastest growing region in the global automotive head-up display market growing at a CAGR of 24.1% over the forecast period, and is projected to dominate the market due to high demand for cars from countries like India and China, and increasing disposable income in developing countries. North America accounted for the major market share with 34% followed by Europe with 30.8%.

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The major companies operating in the automotive head-up display market are Nippon Seiki, Panasonic Corporation, Delphi Automotive, Continental AG, Denso Corporation, Microvision Inc., Yazaki Corporation, Visteon Corporation, Thales Group, and Pioneer Corporation, among others.

Scope of Automotive Head-Up-Display Market
Product Type Segments
• Windshield HUD
• Combiner HUD

Application Segments
• Premium Cars
• Sports Cars
• Luxury Cars
• Others (low priced cars and other automobiles)

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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