Global Automotive HUD Market Report, published by Variant Market Research, forecast that the global market is expected to reach $2,786 million by 2024 from $527 million in 2016; growing at a CAGR of 23.1% from 2016 to 2024. By geography, Asia Pacific and Rest of the World (RoW) are expected to grow at a CAGR of 24.1% and 23.3%, respectively, during the forecast period.

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Some of the major aspects fueling the growth in the global automotive head-up display HUD market are rising disposable income in developed and developing nations, rising awareness about head-up display devices, and high demand for mid-sized & premium cars. Although, high cost in research & development, and downsizing of technology may restrict the market growth. Furthermore, entry of new players, product innovations, and mergers & acquisitions by several firms are also expected to generate profitable growth opportunities for market in the coming years.

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The global HUD market is segmented into product type, application, and geography. Product type is further categorized into Combiner HUD and Windshield HUD. Furthermore, application is sub-segmented into sports cars, premium cars, luxury cars and others (low priced cars and other automobiles). By product type, windshield HUD accounted for the majority of share with 69.6%, in 2016. Windshield HUD was valued at $367 million in 2016 and is estimated to reach $1.904 million by 2024. While, combine HUD is anticipated to achieve the fastest CAGR of 23.8% between 2016 and 2024. By applications, premium cars accounted for the major market share of 45.6%, followed by sports cars with 27.3%, in 2016.

Based on geographical analysis, the global automotive HUD market is classified into North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia-Pacific is the fastest growing region in the global HUD market growing at a CAGR of 24.1% during forecast period 2016-2024, and is expected to continue this trend due to rising disposable income in developing countries, and rising demand for cars from countries like India and China. North America and Europe accounted the largest share of the market holding 34% and 30.8% respectively.

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The key players in the automotive head-up display market are Continental AG, Panasonic Corporation, Delphi Automotive, Nippon Seiki, Microvision Inc., Visteon Corporation, Yazaki Corporation, Pioneer Corporation, Thales Group, and Denso 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)

Geographical Segments
• North America
o US
o Canada
o Mexico

• Europe
o Germany
o France
o United Kingdom
o Spain
o Others

• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others

• RoW
o South America
o Middle East
o Africa

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.
For further information, visit https://www.variantmarketresearch.com

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