Global Automotive HUD Market
Automotive HUD Market Size And Forecast
According to Verified Market Research, Global Automotive HUD Market was valued at USD 900 Million in 2018 and is projected to reach USD 5,134.5 Million by 2026, growing at a CAGR of 24.19% from 2019 to 2026.
Global Automotive HUD Market Outlook
The rise in the adoption of HUD technology by OEMs and the increasing importance of safe & secure driving is fueling the growth of the market. The demand for vehicle and passenger safety systems among the consumers is likely to support the growth of the market. The features such as alerts for several notifications, such as a phone call, speed, and navigation coupled with the integration of smartphones and tablets with in-vehicle entertainment and information systems is significantly increasing interest of consumers. However, Lack of luminance, high-power consumption, high cost of advanced HUD systems and impact of weather conditions on HUD devices, are some of the factors that may affect the growth of the market over the forecast period. Moreover, with the advanced technology, the implementation of HUD technology on economy cars is creating an opportunity for the market to grow.
Global Automotive HUD Market Competitive Landscape
The Global Automotive HUD Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Continental AG, Denso Corporation, Bosch, Nippon Seiki, Yazaki Corporation, Hudway Glass, Visteon Corporation, Panasonic Corporation, Pioneer Corporation, and Garmin.
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