Heads-up Display Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR41189
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The heads-up display (HUD) market has the potential to grow by USD 915.81 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.94%.

This heads-up display market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (aviation, automotive, locomotive, and construction equipment) and geography (Europe, APAC, North America, MEA, and South America). The heads-up display market report also offers information on several market vendors, including BAE Systems Plc, Continental AG, DENSO Corp., Nippon Seiki Co. Ltd., Panasonic Corp., Raytheon Technologies Corp., Robert Bosch GmbH, TransDigm Group Inc., Visteon Corp., and WayRay AG among others.

What will the Heads-up Display (HUD) Market Size be in 2021?

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Heads-up Display (HUD) Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing demand from commercial aircraft is notably driving the HUD market growth, although factors such as the slowdown in the automotive industry may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the heads-up display industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • Most aviation administrations around the world have mandates on the use of enhanced flight vision systems, such as HUD systems, to increase passenger safety.
  • Such mandates, coupled with increasing demand for commercial aircraft, have increased the need for HUDs in the aviation industry, which is contributing to the heads-up display market growth.
  • HUDs help pilots during takeoff and landing in uncertain environmental conditions such as foggy weather.
  • The screens are adjusted to project data on the windshield so that the pilots do not have to look back and forth between the screen and the external environment.
  • AR HUDs generate a comprehensive view for the driver, which is a combination of the real scene viewed by end-users and an augmented, computer-generated virtual scene with additional information.
  • AR HUDs allow a wide field of view, which enhances driver assistance systems such as blind-spot detection, upcoming lane change, and exit directions.
  • The high growth potential of AR HUDs has prompted vendors to develop advanced AR HUDs, which is one of the key heads-up display market trends.
  • Vendors are collaborating with peer companies to improve product features.
  • Continental AG launched a full-color demonstrator of an automotive-specific AR HUD that is based on waveguide technology.

This heads-up display market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Heads-up Display (HUD) Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BAE Systems Plc
  • Continental AG
  • DENSO Corp.
  • Nippon Seiki Co. Ltd.
  • Panasonic Corp.
  • Raytheon Technologies Corp.
  • Robert Bosch GmbH
  • TransDigm Group Inc.
  • Visteon Corp.
  • WayRay AG

 

This statistical study of the heads-up display market encompasses successful business strategies deployed by the key vendors. The HUD market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The heads-up display market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Heads-up Display (HUD) Market?

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38% of the market’s growth will originate from APAC during the forecast period. China is a key market for heads-up displays in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Heads-up Display (HUD) Market?

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The heads-up display market share growth by the aviation segment will be significant during the forecast period. The high penetration of the HUD systems in the aviation industry is attributed to the need to adhere to stringent safety norms and the increase in aircraft accidents due to uncertain weather conditions. HUD systems help aircraft operators in the effective control of the flight during takeoff and landing, especially during uncertain environmental conditions. As a result, the sales of HUD systems are growing, contributing to the growth heads-up display market share of the aviation segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the HUD market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Heads-up Display (HUD) Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive heads-up display market growth during the next five years
  • Precise estimation of the heads-up display market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the HUD industry across Europe, APAC, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of HUD market vendors

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Heads-Up Display (HUD) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.94%

Market growth 2021-2025

$ 915.81 million

Market structure

Concentrated

YoY growth (%)

2.97

Regional analysis

Europe, APAC, North America, MEA, and South America

Performing market contribution

APAC at 38%

Key consumer countries

US, China, France, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BAE Systems Plc, Continental AG, DENSO Corp., Nippon Seiki Co. Ltd., Panasonic Corp., Raytheon Technologies Corp., Robert Bosch GmbH, TransDigm Group Inc., Visteon Corp., and WayRay AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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