Head-Up Display Market

Global Head-Up Display Market Size (2024 to 2032)

The global head-up display market was valued at USD 3.30 billion in 2023 and is anticipated to reach USD 4.00 billion in 2024 from USD 18.76 billion by 2032 and grow at a CAGR of 21.30% from 2024 to 2032.

An automotive head-up display, or HUD, is a technical device that showcases crucial information like navigation direction, speed, time, and distance directly in the driver’s line of sight. The automotive head-up display avoids and reduces the chances of distracting the driving force by providing key information to him. It displays data on the car windshield or on a different screen. The head-up display is currently implemented in the latest vehicle models.

Global Head-Up Display Market Drivers

The growing adoption rate of advanced technologies by original device makers, rapid generation of real-time and reliable information from advanced driver support systems, and increasingly connected vehicles are majorly driving the growth of the head-up display market. The widespread adoption of this technique in premium cars has supported the expansion of the global automotive head-up display (HUD) market.

Ascend in the use of vehicle head-up display, which is normally accessible inside new vehicles because of its favorable circumstances of anticipating key data, is anticipated to drive the global head-up display market during the predicted period. Besides, in more established vehicles, it's conceivable to place the vehicle head-up display because of its ease of structure. Certain vehicle head-up displays additionally answer voice orders and perceive hand signals because of the ascent in modernization in the business. This allows the driver of the vehicle to pick the most limited conceivable route or distance to travel. The vehicle head-up display utilizes Nano-innovations to evade twofold reflection. These frameworks give night sight, which extends all the fundamental data to the main impetus on the screen and is anticipated to drive the appropriation of vehicle head display in car ventures during the predicted period. It gives rewarding chances to the modernization of the vehicle business. Besides, with improving economies of scale, the event and incorporation expenses of head-up displays are required to downsize in the coming years, therefore profiting the global head-up display market.

Global Head-Up Display Market Restraints

One of the key variables ruining the wide selection of vehicle head-up displays is their high buying cost. Because of this, clients pick different frameworks that are accessible at relatively low costs. In any case, head-up displays are yet to be generally acknowledged and embraced over the globe.

REPORT COVERAGE

Global Head-Up Display Market Analysis By HUD Technology

The conventional HUD portion is assessed to convey the most significant market size of the vehicle HUD market during the gauge time frame. The conventional HUD is assessed to extensively relocate to a more extensive scope of mid-section and economy fragment vehicles during 2020–2025 because of the expanding selection of the innovation by OEMs, decreasing establishment costs of the HUD framework, and, most fundamentally, the mounting significance of auto and passenger security frameworks among the vehicle clients.

Global Head-Up Display Market Analysis By HUD Type

The windshield HUD-type portion is evaluated to record the most significant market size, developing at a major CAGR. The windshield HUD framework utilizes a projector and a gathering of mirrors to hand off data, which shows up either somewhat underneath or over the driver's view. The framework is created to be versatile to the bend of the windshield. Diverse vehicle models have distinctive windshield arches, which makes it basic to adjust the framework to the windshield. The unpredictable alignment process is necessitated to expand the estimation of the framework, and in this manner, it's, to a great extent, offered as a discretionary component in vehicles. Additionally, OEMs are foreseen to incorporate a decent cluster of cutting-edge driver assistance frameworks in the windshield HUD and overlay the information in the driving circumstance with augmented reality. Not at all like the combiner HUD, which might be a compact display, the windshield HUD gives a greater region to visuals, and OEMs favor the windshield HUD as it can assist in a more secure experience.

REGIONAL ANALYSIS

Europe is assessed to be the most significant market with the best portion of the overall vehicle HUD market by esteem. The local market is dominated by the interests of Germany and, in this manner, the UK. The selection of HUDs inside the Russian market until 2020 is assessed below. However, it is anticipated to stretch out in the forecast period. The primary development drivers of the vehicle market in the local area incorporate developing interest in innovation, expanding the requirement for a safe and secure driving experience, and expanding the advancement of connected vehicles. Asia Pacific vehicle head-up display (HUD) market driven by India and China will observe noteworthy development in light of the developing locomotive industry, expanding populace, and ascend in salary that strengthens interest in the product. China's vehicle deals will develop by over 3.5% in 2017 as tax breaks diminish on small motor vehicles. The nation has the largest brands and models of vehicle makers like Audi, Venucia, and others. The product is highlighted by all vehicle brands, making it the most alluring component in a vehicle.

KEY MARKET PLAYERS

Some of the major key players involved in the market are Robert Bosch GmbH, Denso Corporation, Nippon Seiki Co. Ltd, Visteon Corporation, Continental AG, Panasonic Corporation, Yazaki Corporation, Harman International Industries Inc, Garmin Ltd, MicroVision Inc.

RECENT HAPPENINGS IN THE GLOBAL MARKET

• German technology firm Continental introduced the concept that the corporation has developed the first ultra-compact, high-performance head-up display (HUD) during a project handled by its development and production service provider, Continental Engineering Services.
• Navdy recently launched a novel heads-up display (HUD) car console. The corporation claims that the new heads-up display (HUD) will allow users to access their smartphone apps while driving without pulling the smartphone out of their pockets or removing their hands from the wheel for extended periods of time.
• HARMAN International, a renowned connected technology provider for automotive and enterprise markets, and WayRay, a pioneer in Holographic AR display in Switzerland, introduced a collaboration to develop a good angle of view full windshield heads-up display proof of concept for the automotive HUD market.

DETAILED SEGMENTATION OF THE GLOBAL HEAD-UP DISPLAY MARKET INCLUDED IN THIS REPORT

This research report on the global head-up display market has been segmented and sub-segmented into the following categories.

By HUD Technology

• Conventional HUD
• Augmented reality HUD

By HUD Type

• Windshield
• Combiner

By Vehicle Class

• Luxury car
• Mid-segment car
• Economy car

By Dimension Type

• 2D
• 3D

By Vehicle Type

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

By Region

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