The automotive HUD market for Luxury & Premium car is projected to grow at a CAGR of 11.52% to reach $252.6 Million by 2019.
(PRWEB) December 28, 2014
The Head-Up Display Market (HUD) is expected to grow $252.6 million by 2019, at a CAGR of 11.52%. Europe is the major established HUD market and is projected to witness a stable growth. For North America and Asia-Oceania region, an increased in demand is expected during the forecast period. Companies profiled in this research report are Nippon Seiki Co. Ltd., BMW AG, Continental AG, Delphi Automotive PLC, Denso Corporation, General Motors Company, Johnson Controls Inc, Microvision, Inc, Robert Bosch GMBH, and Visteon Corporation.
The complete report is available at http://www.rnrmarketresearch.com/automotive-head-up-display-hud-market-by-hud-type-windshield-combiner-application-premium-luxury-cars-and-geography-asia-oceania-europe-north-america-row-industry-trends-and-forecas-market-report.html.
The report segments the HUD market based on HUD type (Windshield & Combiner), Application (Premium Cars & Luxury Cars) and Region (Asia-Oceania, Europe, North America & ROW), and revenue ($million) for the above mentioned segments. It covers Porter’s Five Forces Analysis and value chain of the global HUD market. It contains qualitative data about drivers, restraints, and opportunities presented by the global HUD market.
Although HUD can prove to be a very handy feature, its high cost has acted as a major deterrent, limiting its acceptance on a wider scale. A major issue for market acceptance is the bulk of the optics box inside the instrument panel. The prototype optics fit inside a 13-liter container, which needs to be brought down to half. The cost and size of the equipment needs to be reduced to make it a potential mass-market product. The Combiner type HUD, which in contrast to standard HUD utilizes a small plastic screen between the steering wheel and the windscreen, is smaller and significantly more cost-effective than earlier solutions. It could soon appear in small cars from other manufacturers such as Hyundai and Nissan.
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