"Automotive Head-up Display (HUD) Market - Industry Trends and Forecast to 2021" Published

From: Fast Market Research, Inc.
Published: Tue May 03 2016

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

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.

"Combiner head up displays estimated to dominate the market"

Full Report Details at
- http://www.fastmr.com/prod/1157685_automotive_headup_display_hud.aspx?afid=301

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.

"Asia-Oceania: Fastest-growing market for automotive head up displays"

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.

Reasons to Buy the Report:

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Strategic Assessment of Worldwide Automotive Steering Roll Connectors Market - Forecast Till 2021
- Strategic Assessment of Worldwide Automotive Keyless Entry System Market - Forecast Till 2021
- Strategic Assessment of Worldwide Automotive PCB Market - Forecast Till 2021
- Automotive Heads-up Display Market in Germany 2015-2019
- Global Automotive Heads-up Display Market 2015-2019

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »