July 13, 2020

Automotive Hud Industry| COVID-19 Impact, Global Trends And Forecast To 2023

Summary

Global Automotive Hud Industry Research Report: Information by Product Type (Windshield and Combiner HUD), Technology (Augmented Reality and Conventional HUD), Display Mode (In-Car and On-Board), Vehicle Type (Passenger Car and Commercial Vehicle), Propulsion (ICE and Electric Vehicle), Sales Channel (OEM and Aftermarket), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)– Forecast till 2025

Automotive Hud Industry Highlights

On the flip side, the factor of the high cost of windshield HUD is posing as a major restraint that could hinder the global Automotive Hud Industry growth. Also, high-power consumption and lack of luminance are considered as the key factors restraining the growth of this market over the forecast period.

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Key Players

The bulbous players actively participating in the global Automotive Hud Industry are listed as Rockwell Collins (US), Nippon Seiki Co. Ltd. (Germany), Continental AG (Germany)

Segmentation of Market

With dynamic changes occurring in the market, it has been further studied on the basis of segmentation. The segments included are product type, technology, display mode, vehicle type, propulsion, and sales channel.

In terms of product type: Windshield and combiner HUD are the segments.

In terms of technology: Augmented reality (AR) and conventional HUD are the segments.

The display mode market segment involves in-car and on-board segments.

The vehicle type segment involves Passenger cars and commercial vehicles.

In terms of propulsion: ICE and electric vehicle are the segments.

The sales channel type includes OEM and aftermarket segments.

Regional Framework

Regionally, the global Automotive Hud Industry has been forwardly studied among the four major regions such as North America, Europe, Asia-Pacific, and the rest of the world.

Among these regions, the global market was led by Asia-Pacific, in 2018, and is now estimated to grasp the largest market share during the forecast period. The reason behind the proliferation of the market in this region is the improving socio-economic conditions and the rapid adoption of automotive HUD displays in mid-segment range cars. These factors are expected to motivate the market in the region.

Whereas, the market in North America is expanding at a substantial rate over the forecast period owing to the rising development of connected cars in the region. Lastly, the region of Europe is projected to witness remarkable growth in the global market over the forecast period for the factor of the rising need for a safe and secure driving experience.

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