London, 16 October 2015 – Technavio has published a new report on the global heads-up display (HUD) market, which is expected to grow at a CAGR of over 39% from 2015-2019.
About the Report
According to the latest report by Technavio, the increasing popularity of HUDs in the automotive industry in China has paved the way for compact, less expensive HUDs. This has encouraged HUD manufacturers to introduce innovative and technologically advanced HUDs for all types of vehicles.
“The introduction of combiner HUDs has made it possible to install HUD units in small family cars. Moreover, combiner HUDs are suitable for compact vehicles and are likely to drive the overall demand for HUDs,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the stringent vehicle safety regulations that are likely to stimulate the demand for safety systems such as HUDs, cameras, and pre-crash sensors.
“HUDs are vital for maintaining optimal safety levels in vehicles, hence new safety regulations are expected to play a crucial role in elevating the demand for HUDs,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global heads-up display market from 2015-2019. To calculate the market size, the report considers revenue generated from the sales of factory-installed HUDs to the automotive sector and the civil and military aviation sectors.
Key Information Covered in the Report:
Key Vendors:
- BAE Systems
- Continental
- Delphi Automotive
- Denso
- Elbit Systems
- Honeywell
- Panasonic
Market Growth Drivers:
- Development of combiner HUDs
- For a full detailed list, view our report.
Market Challenges:
- Driver distraction possibilities
- For a full detailed list, view our report.
Market Trends:
- Declining ASP of HUDs in automotive sector
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the heads-up display market:
- Global Automotive Heads-up Display Market 2015-2019
- Automotive Heads-up Display Market in the US 2015-2019
If you are interested in more information, please contact our media team at media@technavio.com.
