SAN FRANCISCO, July 26, 2017 (GLOBE NEWSWIRE) — The Global Automotive HUD Market is majorly driven by increasing awareness about head-up display (HUD) devices, rising disposable income in developed and developing countries, high demand for mid-sized care and premium cars. Moreover, entry of new players, product innovations, and mergers & acquisitions by various companies are also expected to raise the growth of automotive head-up display market.
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In 2016 by product type, windshield embraces the majority of share with 69.6%. Windshield HUD is estimated to reach $1.904 million by 2024 from $367 million in 2016. Between 2016 and 2024, Combine HUD is expected to grow at the highest CAGR of 23.8%. By applications, sport cars and premium cars accounted for the market share of 45.6% and 27.3% respectively in 2016.
Asia-Pacific is the fastest growing region in the global automotive head-up display market growing at a CAGR of 24.1% during forecast period, and is expected to continue this trend owing to growing demand for cars from countries like India and China, and rising disposable income in developing countries. North America accounts the largest share of the market holding 34% followed by Europe with 30.8%.
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Visteon Corporation, Panasonic Corporation, Microvision Inc., Nippon Seiki, Continental AG, Delphi Automotive, Denso Corporation Yazaki Corporation, Pioneer Corporation and Thales Group among others are the key players in the automotive head-up display market.
The key takeaways from the report
- The report will provide detailed analysis of Automotive Head-up Display Market with respect to major segments such as product type and application
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities is included in the report
- An exhaustive regional analysis of Automotive Head-up Display Market will be provided in the report
- Profile of key players of the Automotive Head-up Display Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Automotive Head-Up-Display Market
Product Type Segments
- Windshield HUD
- Combiner HUD
Application Segments
- Premium Cars
- Sports Cars
- Luxury Cars
- Others (low priced cars and other automobiles)
Geographical Segments
• North America
- US
- Canada
- Mexico
• Europe
- Germany
- France
- United Kingdom
- Spain
- Others
• Asia-Pacific
- China
- India
- Japan
- South Korea
- Others
• RoW
- South America
- Middle East
- Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients’ objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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