DUBLIN, May 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Automotive Head-up Display (HUD) Market - Industry Trends and Forecast to 2021" report to their offering.
The automotive head up display market is projected to reach 6.11 Million units by 2021, growing at a CAGR of 30.34% from 2016 to 2021. The market, in terms of value, is projected to reach 1.3 Billion in 2021, from USD 498.4 Million in 2016, growing at a CAGR of 21.67% during the forecast period.
The automotive head up display market has been segmented on the basis of vehicle price into premium cars, luxury cars, and mid-segment cars. Growing automotive markets in regions such as Asia-Pacific and North America represent promising growth opportunities for the automotive head up display market.
The reduction in the price of head up displays will likely drive the mid-segment car head up display market. The rising disposable income in the Asian region and customers' expectations for enhanced safety are also expected to drive market growth. The automotive head up display feature is being gradually incorporated in all car segments, especially in the Asia-pacific region. Emerging economics such as India and China and have witnessed a considerable rise in spending power. The improving standard of living has also triggered the growth of the luxury car segment.
The Asia-Pacific automotive market in particular presents high-growth opportunities, as the region comprises Japan, China, and India. The global automotive head up display market is projected to grow at a CAGR of 30.34% during the forecast period. Asia-Pacific is projected to grow at the highest CAGR of 35.30%, while the North American market is projected to register a CAGR of 32.85% from 2016 to 2021.
- BMW AG
- Continental AG
- Delphi Automotive PLC
- Denso Corporation
- General Motors Company
- Microvision Inc.
- Nippon Seiki Co., Ltd
- Panasonic Corporation
- Robert Bosch GmbH
- Visteon Corporation
- Yazaki Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Technological Overview
6 Market Overview
7 Automotive Head Up Display Market, By HUD Type
8 Automotive Head Up Display Market, By Application
9 Automotive Head Up Display Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/q8x74w/automotive
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SOURCE Research and Markets