London, 20 April 2015 – The automotive heads-up display (HUD) market in Germany is expected to grow at a CAGR of 31.24% from 2015-2019 as car production in the country increases, says research firm Technavio.
About the Report
Germany saw a strong rise in car production in 2014 because of better capacity utilization, patent-protected innovation, efficient value chain management and new market entrants like companies from China, South Korea and India.
“Higher production of cars in Germany will compel automotive OEMs and suppliers to develop innovative technologies like HUDs to gain a competitive edge over others,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also draws attention towards the change from a high dependence on revenue generated through car sales towards an industry that is placing more emphasis on value creation.
“The demand for energy-efficient cars and mid-size cars has grown significantly in Germany and hence, automotive OEMs and suppliers are focusing more on value addition to their new car models,” says Ghaus.
Market Scope and Calculation of Market Size
This report covers the present scenario and the growth prospects of the automotive HUD market in Germany from 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of HUDs to automotive manufacturers.
Key Information Covered in the Report:
Key Vendors:
Continental
Delphi Automotive
Denso
Johnson Controls
Nippon Seiki
Panasonic
Robert Bosch
Yazaki
Market Growth Drivers:
Strong rise in car production
For a full detailed list, view our report.
Market Challenges:
High production costs of HUDs
For a full detailed list, view our report.
Market Trends:
Paradigm shift in automotive industry in Germany
For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
