The research analysts at QY Research has published a new report, titled “Global Automotive HUDs Sales Market Report 2019.” This report provides a 360-degree analysis of the automotive HUD market that brings to fore insights, which can help investors to identify the new opportunities and challenges. The report consists of key regional analysis, detailed evaluation, and accurate quantitative insights into the global automotive HUD market. This report also includes an in-depth competitive landscape and provides key recommendations to the top players on winning successful and imperatives strategies.
According to the report, the global automotive HUDs market is expected to reach US$2460.88 mn in revenues by 2025 from US$796.22 mn in 2018. The market will register at a CAGR of 17.88% over the forecast period.
Global Automotive HUDs Sales Market: Drivers
The global market for automotive head-up display (HUDs) will be gaining substantial growth with the increasing automotive industry. The growing adoption of advanced driver assistance system (ADAS) to develop enhanced vehicle systems for better driving and safety is expected to play an important role in shaping the market’s future. Development of numerous modern vehicles equipped with ADAS such as anti-lock breakers, electronic stability control, and HUDs gives a new experience to the passengers and drivers. The automated system provided by the advanced driver assistance system to the vehicle is proven to reduce road accidents, thus, uptake of ADAS is booming the demand for automotive HUDs market in the coming years.
In addition, there is a growing demand for the luxury cars due to increasing per capita income in developing and developed nations. The rising adoption of innovative technologies such as automotive HUDs to provide higher safety standard and convenience to drivers is expected to bode well for the market. Extensive use of this technology will accelerate the growth of the global automotive HUDs market throughout the forecast period.
Global Automotive HUDs Sales Market: Segment Analysis
The global market for automotive HUDs is segmented into applications and product type. The application segment includes mid segment car, premium car, luxury car, and others. The product type segment includes combiner projected HUD and windshield projected HUD. The windshield projected HUD segment is expected to hold the largest market size for the automotive HUDs, as it enhances the image with all the relevant information on the windshield of the vehicle.
Global Automotive HUDs Sales Market: Geographical Outlook
North America and Europe are estimated to fuel the growth of the automotive HUDs market due to growing traffic congestion and carbon emission from vehicles, which give rise to the development of the electric car in these regions. Asia Pacific is likely to show high demand for automotive HUDs because of increasing population, growing disposable income, and rising automotive industry in the region.
Global Automotive HUDs Sales Market: Key Players
RoadRover Technology, Nippon Seiki, Founder, Continental, Coagent Enterprise, Yazaki Corporation, Kivic, Denso, Springteq Electronics, Bosch, Hudly, Aptiv, Pioneer Corp, Visteon Corporation, Garmin, and E-Lead are the major players that are operating in the market.
Global Automotive HUDs Sales Market: Competitive Landscape
Denso acquired a stake in NTT DATA MSE Corporation in June 2016. It is an automotive platform for a software developer to strengthen their capabilities for display control and automotive meter.
Full Report Overview@ https://www.qyresearch.com/index/detail/1214029/global-automotive-huds-sales-market