Head-up Display Market to Reach US$ 19,118.3 Million by 2027

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Market Research Report
EXCLUSIVE EDITION
Global Head-up Display Market Report
Opportunities, and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2022-2030
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Head-up Display Market
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Head-up Display Market Share 2022 COVID-19 Impact
and Regional Outlook 2030
Head-up Display Market by Type (Windshield-based
and Combiner-based), by Technology (Conventional
and AR-based), by End-User (Aerospace and
Automotive), by Sales Channel (OEMs and
Aftermarket), by Region Global Share and
Forecast to 2027 Description The global head-up
display market size is expected to grow from USD
5,297.8 million in 2020 to USD 19,118.3 million
by 2027, at a CAGR of 20.1 from 2021 to 2027.
The head-up display is a projection unit that
projects a brightly lit video or image onto a
transparent surface. The primary function of
head- up display is to eliminate users need to
take away their gaze from the road to the
infotainment dashboard. These displays emit
details, such as the turn-by-turn navigation,
current speed, posted road signs, and blind-spot
warnings, directly into the driver's or pilots
field of view such that their vision remains
forward. Originally, the head-up displays were
invented for military aircraft however, their
implementation in premium automotive has
witnessed popularity in recent years.
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The head-up display market is anticipated to
witness growth during the forecast period due to
challenging driving conditions with increasing
population and the number of vehicles on the
road. Also, enhanced safety offered by the
head-up displays drives the market growth.
Additionally, advancement in augmented reality
technology is estimated to revolutionize the
head-up display market. Considering these
factors, it is estimated that the head-up display
market will experience steep growth in the near
future. The factors such as the higher
penetration rate of head-up displays in the
defense and aerospace sector are some of the
other drivers for the head-up display market
growth. However, the cost of head-up displays
acts as a major restraint, which hinders the
market growth. Furthermore, the development of
connected cars and the emergence of new head-up
display applications provide lucrative
opportunities for the head-up display
market. Request Sample Copy of this Report
https//www.marketstatsville.com/request-sample/he
ad-up- display-market
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COVID-19 Impact on the Global Head-up Display The
emergence of COVID-19 has severely impacted the
head-up display market, owing to the adverse
effects of the COVID-19 pandemic on the end user
industry. It has also led to geopolitical
uncertainties. However, the market players have
focused on near-term priorities such as meeting
customer priorities as they face unique
challenges and supporting the supply chain to
deal with pandemic-related disruption. Governments
in key markets have prioritized defense and
security in the current threat environment
therefore, the defense sector has strong demand.
However, the commercial aerospace sector is
experiencing severe loss as no new orders have
been placed during the pandemic. This impact is
estimated to continue till 2021. Furthermore, the
international automobile markets are in a very
week state, owing to the lockdowns imposed that
continued for several weeks to tackle the
pandemic. Although the vehicles markets in the
U.S. and Europe are estimated to witness mild
recovery in the second half of 2020, they are
still significantly down on pre-crisis levels.
Therefore, the head-up display market is facing
major obstacles due to the emergence of the
COVID-19 pandemic. Global Head-up Display Market
Dynamics Drivers Increase in demand for
high-tech vehicles With advancing technologies in
all spheres of life, there is a considerably high
demand for high-tech automotive. According to
the 2017 Autotrader Car Tech Impact Study, 48 of
consumers focus on in-vehicle technology while
purchasing a vehicle. About 55 of consumers are
willing to spend more to get the tech features
they want in their vehicles. Therefore, it is
evident that consumers give more importance to
technology than brand or body style. In addition,
consumers believe that certain high-tech safety
features must be standard for all vehicles.
Besides, the idea of autonomous vehicles is
gaining popularity among consumers and is
anticipated to evolve the automotive sector
considerably. All these factors highly favor the
development and adoption of head-up displays in
the automotive sector.
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Restraints The cost of the head-up display is
the biggest restrain for the market growth In
most vehicles, vehicle navigation and
infotainment systems have been found commonplace
since years. Although the technology is
relatively outdated, the cost of these systems
hasnt been reduced in years. On the other hand,
smartphones have evolved largely in a short span
of time, and they continue to include many
advanced features such as navigation. Consequently
, consumers have been less likely to choose the
expensive navigation and infotainment systems
while buying a vehicle. Therefore, automakers
need to economize the new technologies in
navigation and infotainment systems for greater
adoption. Opportunities Emergence of new
applications The major applications of head-up
displays are aircraft and vehicles. Besides
these, there are many new emerging applications
of head-up displays, which boost the market
growth. New applications at museums, exhibition
stands, or car dealerships allow the users to
display additional information in the real
world. Headup displays for these applications can
be developed up to 80 inches in size. Moreover,
head-up displays can be excellent eye-catchers at
trade shows. Therefore, many such applications
are estimated to emerge over time, fueling the
head-up display market growth.
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• Scope of the Report
• The study categorizes the head-up display market
  based on type, technology, end-user, and sales at
  the regional and global levels.
• Direct Purchase
• Report https//www.marketstatsville.com/buy-
  now/head-up-display-market?opt2950
• By Type Outlook (Thousand Units, Revenue, 2017-
  2027, USD Million)
• Windshield-based
• Combiner-based
• By Technology Outlook (Thousand Units, Revenue,
  2017-2027, USD Million)
• Conventional
• AR-based

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• By End-User Outlook (Thousand Units, Revenue,
  2017-2027, USD Million)
• Aerospace
• Civil
• Military
• Automotive
• By Sales Channel Outlook (Thousand Units,
  Revenue, 2017-2027, USD Million)
• OEMs
• Aftermarket
• Access full Report Description, TOC, Table of
  Figure, Chart,
• etc https//www.marketstatsville.com/table-of-con
  tent/head-up-display-market
• By Region Outlook (Thousand Units, Revenue,
  2017-2027, USD Million)
• North America (US, Canada, Mexico)
• South America (Brazil, Argentina, Colombia, Peru,
  Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain,
  Poland, Russia, Slovenia, Slovakia, Hungary,
  Czech Republic, Belgium, the Netherlands,
  Norway, Sweden, Denmark, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea,
  Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
  Cambodia, the Philippines, Singapore, Australia
  New Zealand, Rest of Asia Pacific)
• The Middle East Africa (Saudi Arabia, UAE,
  South Africa, Northern Africa, Rest of MEA)

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By type, the head-up display segment is projected
to account for the largest market share On the
basis of type, the head-up display market
includes windshield- based and combiner-based.
In 2020, The combiner-based segment was the
highest contributor to the market, having a 54.5
share in the global head-up display market. A
combiner-based head-up display uses a partially
reflective screen, such as transparent glass, to
display information in the driver's line of
sight. There are two types of combiner glasses
available, conventional optical combiners and
waveguide combiners. During recent years,
combiners have evolved from simple
semitransparent flat surfaces that passively
reflected light from projectors to sophisticated
conformational holograms that diffract selective
wavelengths and act as relay lenses. This
evolution has been promoted to maximize the
field of view (FoV) of the projected image to
maintain a comfortable viewing experience and
minimize the size of the projector. Various
companies develop this technology in their
products due to its advancements. Request For
Report Description https//www.marketstatsville.c
om/head-up-display- market
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