The global head-up display (HUD) market sizeis expected to reach USD 9.72 Billion at a steady CAGR of 28.4% in 2028,according to latest analysis by Emergen Research. The major function of head-updisplay is to reduce the need for a driver to look away from the windscreen orroad while driving. Additionally,our analysts have included SWOT analysis and Porter’s Five Forces analysis inthe report to offer a better understanding of the competitive spectrum of thisever-evolving industry. Moreover, the report sheds light on the cutting-edgeexpansion strategies adopted by the market contenders, such as mergers &acquisitions, joint ventures, partnerships & collaborations, new productlaunches, and brand promotions. Head-up display is also used to enhancesituational awareness of pilots during flights in limited visibility in thevicinity of visible terrain, ground-based obstacles, water, or other aircraft.
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HUD is particularly helpful in approach and landing phases offlights, during which most aircraft accident take place. Thelatest report is updated with the impact analysis of the current COVID-19pandemic on the market. It has further hampered the developmental scopeof various manufacturers and buyers engaged in this sector. Thus, the report studies theindustry’s shifting dynamics to scrutinize the profits earned or loss sufferedby different segments. The rapidly changing dynamics of themarket and current and future growth potential of the market are covered in thereport. The report offers crucial information about the initial and futureassessment of the impact of the COVID-19 crisis on the overall market.
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The report covershistorical revenue and sales volume, and the data is further validated toprovide a forecast market estimation of the market size and sales numbers forkey regions along with types and end-user applications. Moreover, the reportalso includes macroeconomic factors and regulatory policies pertaining to the Head-upDisplay industry for evaluation predictive analysis.
Emergen Research hassegmented the global head-up display market on the basis of type, component,technology :
· Type Outlook (Revenue,USD Billion; 2018–2028)
o Conventional HUD
o AR-based HUD
· Component Outlook(Revenue, USD Billion; 2018–2028)
o Software
o Video Generator
· Technology Outlook(Revenue, USD Billion; 2018–2028)
o Cathode Ray Tube
o Optical Waveguide
Regional Segmentation:
Basedon the geographical spread, the Head-up Display industry is segmented into North America, Latin America, Europe, Asia Pacific,and Middle East & Africa. The regional analysis of the Head-up Displaymarket provides an insight into the regions expected to hold the largest sharein the market. Additionally, the report provides valuable data aboutdistribution, production, consumption patterns, export/import, and demand andsupply ratio.
SomeKey Highlights From the Report
· AR-based HUD enables vehicles to communicate more informationthan a traditional dashboard. For example, AR can help indicate how the vehicleinterprets the surroundings, senses danger, communicates with othertechnologies, plans routes, and triggers Advanced Driver-Assistance Systems (ADAS).
· Display unit segment is expected to register largest revenueshare during the forecast period. Liquid Crystal Display (LCD) deliversbenefits of bright vibrant images onscreen, and allows the realization ofmulti-colors in head-up displays. The high luminescence of head-up displaysoffer bright raster images.
· Automotive segment accounted for largest revenue share in 2020.Rising concerns regarding safety of driver and passenger is fueling adoption ofhead-up displays in vehicles.
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