Head-Up Display Market (by Components, Application and Geography) to Reach $8.3 Billion by 2020 – New Report by MarketsandMarkets
(PRWEB) November 29, 2014 -- The report “Head-Up Display Market by Components (Video Generator, Projector, Combiner & Others), Applications (Military & Civil Aviation and Automotive) & by Geography (North America, Europe, APAC & ROW) - Forecast & Analysis to 2013 - 2020", defines and segments the head-up display market into various segments with an in-depth analysis and forecasting of revenues.
The Nippon Seiki Co Ltd (Japan) is a market leader in the HUD market, producing instrument clusters of automobiles, display products, sensors, and many other products. The company uses an LED-backlit color thin-film transistor LCD to form the image, which displays image of the desired pixel resolution. The company is a leading supplier of HUDs for most of the renowned automotive brands like General Motors, BMW, Chrysler, and others.
The majority of the defense, aviation, and automotive suppliers has entered into the head-up displays manufacturing business, and are contributing extensively to the R&D activities related to the head-up displays. Due to the potential perspective growth of the HUD market, all the major industry players are putting in efforts for adding new features to the HUDs and to make them more technologically upgraded in terms of information display. The prices of HUDs are projected to reduce with its (HUD’s) commercialization in both, the automotive and aviation sector.
Further Inquiry for Report @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=684
Browse 77 market data tables and 64 figures spread through 300 pages and in-depth TOC on “Head-Up Display Market - Forecast & Analysis to 2013 - 2020”.
The Global Head-Up Display market is driven by continuous technology and performance improvements; attracting customers, manufacturers, and their suppliers across the world. Range of HUD solutions are projected to provide protection, convenience, and comfort- all of which are the key reasons that are drawing the various private manufacturers, government, and the end users towards the HUD systems. The road accidents and mishaps have driven the need for HUD systems, which can assist the drivers in terms of ensuring their safety. However, majority of the users are interested in features such as car speed information, engine status, navigational assistance, lane assistance, and warning messages. Better information and entertainment amenities are of prime importance in HUDs.
The steady rise in the HUD technology is seen because of the improved focus on active safety systems and the growth of high end luxury and sports car segment. The growth has also been witnessed in the Pico projector market. The 4th generation laser technologies are being used in the HUDs, which display images with better resolutions and the desired level of brightness. The HUD systems are offering reliability, low power consumption, small space adjustment, and low cost to manufacture. The companies are coming with some advanced features in HUDs; like Mobile ‘app’ support, by which the user can access the information and navigational assistance through mobile phone with a ‘Bluetooth’ or any other wireless technology access. The manufacturers are in the process of effectively implementing the HUD technology in other areas like health care, defense, sports, gaming, and others. This is expected to bring a wave of further developments in the HUD technology.
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