The automotive head up display market is projected to grow at a CAGR of 21.67% from 2016 to 2021, to reach a market size of USD 1.33 billion by 2021. Key factors supplementing the growth of this market include the increased spending capacity of middle class consumers, growing demand for enhanced comfort and safety features, and increasing vehicle production.
Complete report on worldwide automotive head-up display (HUD) Market spread across 137 pages, profiling more than 11 companies and supported with 90 tables and 50 figures is now available at http://www.rnrmarketresearch.com/automotive-head-up-display-hud-market-by-hud-type-windshield-combiner-application-premium-luxury-cars-and-geography-asia-oceania-europe-north-america-row-industry-trends-and-forecas-market-report.html .
The combiner head up display segment is projected to grow at the highest CAGR during the forecast period. The market for combiner head up displays is projected to grow from 103.8 thousand units in 2016 to 348.5 thousand units by 2021. This growth can be attributed to the ergonomic characteristics and low cost of combiner head up display technology. Owing to these characteristics, it is primarily incorporated in mid-segment cars, especially in emerging automotive markets such as China and India, where mid-segment car sales are high. This trend is estimated to continue during the forecast period.
The Asia-Pacific region is estimated to dominate the automotive head up display market, and is projected to grow at the highest CAGR during forecast period. Asia-Pacific houses leading mid-segment car manufacturers such as Hyundai Motor Company (South Korea), Honda Motor Co. Ltd. (Japan), Toyota Motor Corporation (Japan), and Nissan Motor Corporation (Japan). Technological advancements have led to head up displays being slowly incorporated in mid-segment cars and being increasingly adopted in the premium car segment.
The study contains insights provided by various industry experts, ranging from material suppliers to Tier-1 companies and OEMs. The break-up of the primaries is as follows:
By Company Type –OEM - 20%, Tier-1 - 50%, Tier-2 - 22%, and Others - 8%
By Designation - C level - 45%, D level - 28%, and Others - 27%
By Region - North America - 15%, Europe - 33%, and Asia-Pacific - 52%
The automotive head up display market is dominated by a few globally established players, such as Nippon Seiki (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), and Visteon Corporation (U.S.). Key growth strategies adopted by these players include new product development and expansion. Ask for a discount before order a copy of Automotive Head-up Display (HUD) Market by HUD Type (Windshield & Combiner), Application (Premium, Luxury & Mid Segment Cars), and by Geography (Asia-Oceania, Europe, North America & RoW) - Industry Trends and Forecast to 2021 http://www.rnrmarketresearch.com/contacts/discount?rname=249151 .
This report contains various levels of analysis, including an industry analysis (industry trends, Porter’s Five Forces, and market ranking analysis), supply chain analysis, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the automotive head up display market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.
On a related note, another research on Automotive Lighting Market Forecast to 2021 says, increasing vehicle demand will primarily push the global automotive lighting industry. The market for LED technology is projected to grow at the highest CAGR in terms of value and volume compared to other technologies during the forecast period. Asia-Oceania region is estimated to dominate the automotive lighting market in terms of value. The overall market is projected to grow at a CAGR of 7.22% from 2016 to 2021 reaching USD 29.53 billion. Companies like Hella KGaA Hueck & Co, Magneti Marelli S.p.A, Stanley Electric K.K, Valeo S.A., Koito Manufacturing Co. Ltd., Osram Licht AG, Koninklijke Philips N.V, Hyundai Mobis, Ichikoh Industries Ltd. and General Electric have been profiled in this 135 pages research report available at http://www.rnrmarketresearch.com/automotive-lighting-market-by-position-front-rear-side-interior-technology-halogen-xenonhid-led-vehicle-type-geography-global-trends-forecast-to-2018-market-report.html .
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