Global Head-Up Display Market
The global head-up display market is expected to exhibit a strong 24% CAGR between 2016 and 2022 to reach a valuation of close to USD 11 billion, according to the latest research report from Market Research Future (MRFR). The global head-up display market is mainly driven by the growing demand for head-up displays in the automotive industry as well as civil and military aviation.
Head-up displays are display units that show vital stats about the vehicle in question as projection at the eye level of the occupant. In the automotive industry, the convenience added by head-up displays is the major driver for the global head-up display market, as head-up displays provide all relevant information at a glance, thus allowing the driver to keep his eyes on the road, which enhances the safety of the car and the driver significantly. The growing demand for technologically advanced head-up display solutions with enhanced functionalities is likely to be a major driver for the global head-up display market over the forecast period.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/2797
The rising demand from automotive manufacturers to include advanced technological updates in their vehicular design is likely to be a major driver for the global head-up display market over the forecast period. The growing popular appeal of head-up displays has also helped the global head-up display market, as consumer demand has mobilized the automotive industry to make the requisite additions.
In the aviation sector, head-up displays are an integral part of piloting, as the complexity of operations in flying an airplane necessitates supporting systems such as head-up displays. The growing demand for head-up display from the civil aviation sector is mainly driven by the growing air traffic, which has necessitated effective safety solutions. Military aircraft also usually use head-up displays, as it can be difficult for military pilots to notice minor but important details about the aircraft in the heat of the moment. This is likely to drive the demand for head-up displays from the aviation sector over the forecast period.
The global head-up display market is segmented on the basis of type, component, application, and region.
By type, the global head-up display market is segmented into fixed-mounted and helmet-mounted head-up displays.
By component, the global head-up display market is segmented into combiner, video-generator, and projector unit.
By application, the global head-up display market is divided into automotive industry and the military and civil aviation sector. The automotive industry is likely to remain the leading consumer in the global head-up display market over the forecast period due to the growing demand for technological innovations in the automotive industry that enhance driver safety and convenience.
North America, followed by Europe, is likely to lead the global head-up display market over the forecast period due to the strong presence of head on display unit manufacturers in the region as well as the strong presence of aviation industry players, which has enabled easy adoption of the most advanced head-up display systems. The Europe market for head-up displays is mainly driven by the strong presence of the automotive industry in the region, which has driven technological innovation in automotive design in the region.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/head-up-display-market-2797
