Head Up Display Market Size, Analysis & Share Report | 2031

Head Up Display Market Size, Analysis & Share Report | 2031

Segments - Head Up Display Market by Applications (Aviation, Automotive, and Wearable) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Akash Vedpathak
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :AL-260 | 4.9 Rating | 68 Reviews | 124 Pages | Format : PDF Excel PPT

Report Description


Head Up Display Market Outlook 2031

The global head up display market size was valued at USD 2.40 Billion in 2022 and is expected to reach USD 13.64 Billion by 2031 The market is projected to expand at a robust CAGR 21.3% during the forecast period, 2023 – 2031. The growth of the market is attributed to low cost of products and easy incorporation with smartphones, which improves the safety of drivers by decreasing distractions.

A head up display, also known as HUD, is a transparent display that offers various benefits to the drivers. It displays data to the drivers, such that they don’t need to change their usual viewpoints. The driver does not need to look outside after looking at the optically near HUD. Initially HUDs were established for military flights, but now they are used in automobiles, commercial aircrafts, and other applications.

Global Head Up Display Market Outlook

HUD displays the same information you would get from the dashboard of a car, which includes current speed and various temperature gauges. By displaying this data in one place, a driver need not look in different places and can focus only on HUDs for all the information.

  • Increase in the purchasing power of consumers, due to rising disposal income is estimated to fuel the market growth.

  • Modern population is receptive towards technologically advanced products which enable safe driving.

  • Rising awareness about safety among consumers is boosting the market growth.

  • Rising standard of living of people has increased the demand for premium cars; this in turn drives the head-up display market.

  • Nowadays, several manufacturers offer head up display system along with the car as an additional feature. This helps boost the HUD market.

Scope of Head Up Display Market Report

The report on the global head up display market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Head Up Display Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Applications (Aviation, Automotive, and Wearable)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Continental AG, BAE Systems, Elbit Systems, DENSO Corporation, Robert Bosch LLC, YAZAKI Corporation, and Visteon Corporation.

Head Up Display Market Segment Insights

Applications Segment Analysis

Based on applications, the global head up display market is segregated as aviation, automotive, and wearable. The automotive segment is anticipated to hold a major share in the market. Rising number of flight trainers substantially boosts the head up display market.

The production of transparent displays is a major restraint for manufacturers, as the displays need to be visible in sunlight and night. The aviation segment is expected to expand at a rapid pace, due to the incorporation of head up displays in aircrafts for landing and taking off.

Global Head Up Display Market Application

The automotive segment is sub-segmented as luxury/premium cars, basic/mid-segment cars, and sports cars. The luxury/premium car sub-segment is anticipated to account for a key share in the automotive segment during the forecast period.

The combination of driver assistance systems and head up displays is accepted by numerous automobile manufacturers. This is estimated to fuel the growth of the head up display market.


The wearable segment is projected to expand in the forecast period, as vendors are investing in R&D to provide high-quality driving experience. Rising demand for technologically advanced products, which provide high accuracy, is a key factor that is anticipated to boost the head up display market.

Regional Outlook

Based on regions, the global head up display market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Existence of major technology companies and big investments in R&D are key factors boosting the market growth.

Increasing awareness among the consumers about advantages of head up displays is driving the market in Europe. 
Modern technologies in the automotive industry, such as amplified reality and adaptive cruise, are the key factors that would lead to a substantial rise in the demand in the US market.

Moreover, the region hosts a vast auto market, which is estimated to boost the market growth. 
The market in Asia Pacific is expected to expand at a robust CAGR during the forecast period, owing to rising awareness among consumers about advantages of head up displays.

Global Head Up Display Market Region

Segments

The global head up display market has been segmented on the basis of

Applications

  • Aviation
  • Automotive
  • Wearable

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players in the global head up display market include Continental AG, BAE Systems, Elbit Systems, DENSO Corporation, Robert Bosch LLC, YAZAKI Corporation, and Visteon Corporation. Head up display systems have shown rising usage in automotive industry, as it has various safety features, which reduce accidents.

Global Head Up Display Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Head Up Display Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Head Up Display Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Head Up Display Market - Supply Chain
  4.5. Global Head Up Display Market Forecast
     4.5.1. Head Up Display Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Head Up Display Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Head Up Display Market Absolute $ Opportunity
5. Global Head Up Display Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Head Up Display Market Size and Volume Forecast by Applications
     5.3.1. Aviation
     5.3.2. Automotive
     5.3.3. Wearable
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Head Up Display Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Head Up Display Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Head Up Display Demand Share Forecast, 2019-2026
7. North America Head Up Display Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Head Up Display Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Head Up Display Market Size and Volume Forecast by Applications
     7.4.1. Aviation
     7.4.2. Automotive
     7.4.3. Wearable
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Head Up Display Demand Share Forecast, 2019-2026
8. Latin America Head Up Display Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Head Up Display Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Head Up Display Market Size and Volume Forecast by Applications
     8.4.1. Aviation
     8.4.2. Automotive
     8.4.3. Wearable
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Head Up Display Demand Share Forecast, 2019-2026
9. Europe Head Up Display Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Head Up Display Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Head Up Display Market Size and Volume Forecast by Applications
     9.4.1. Aviation
     9.4.2. Automotive
     9.4.3. Wearable
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Head Up Display Demand Share Forecast, 2019-2026
10. Asia Pacific Head Up Display Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Head Up Display Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Head Up Display Market Size and Volume Forecast by Applications
     10.4.1. Aviation
     10.4.2. Automotive
     10.4.3. Wearable
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Head Up Display Demand Share Forecast, 2019-2026
11. Middle East & Africa Head Up Display Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Head Up Display Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Head Up Display Market Size and Volume Forecast by Applications
     11.4.1. Aviation
     11.4.2. Automotive
     11.4.3. Wearable
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Head Up Display Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Head Up Display Market: Market Share Analysis
  12.2. Head Up Display Distributors and Customers
  12.3. Head Up Display Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Continental AG
     12.4.2. BAE Systems
     12.4.3. Elbit Systems
     12.4.4. DENSO Corporation
     12.4.5. Robert Bosch LLC
     12.4.6. YAZAKI Corporation
     12.4.7. Visteon Corporation

Methodology

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