Head-up Display Market Research Report and Forecast up to 2022 Head-up Display Market Growth, Trends and Forecast

Head-up Display Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2022
Global Head-up Display Market: Key Trends
Focusing on product enhancement is one of the key tends among leading
manufacturers in the global head-up display (HUD) market. Their aim is to improve
consumer experience by providing the latest technologies enabling windshields to
display a clearer image and better information. Spurred by the latest
advancements, Transparency Market Research (TMR) forecasts that global HUD
market will expand at 19.1% CAGR between 2015 and 2022.
The market will primarily gain from the increasing demand for active safety systems
in aircrafts and automotive. The growth witnessed by the luxury car segment across
emerging economies such as India, Brazil, China, and Russia is fuelling incorporation
of HUD in the automotive sector. Furthermore, technological developments in the
form of augmented reality in HUDs, will further accelerate their sales opportunities
across the world.
However, the high cost incurred on manufacturing HUDs is hindering their uptake in
the mid-range cars segment. While this could inhibit the market’s trajectory to an
extent, the launch of low cost combiner HUDs will give significant impetus to the
market in the near future. According to TMR, the global HUD market, which stood at
US$1.76 bn in 2014, is expected to reach US$7.05 bn by the end of 2022.
View Report @ http://www.transparencymarketresearch.com/head-up-
display-market.html
Rising Defense Budgets and Military Modernization Programs to Fuel Demand from
Aviation Segment
By application, the global head-up display market is segmented into aviation,
automotive, and others. Of these, the aviation segment accounted for over 79% of
the total demand for HUDs in 2014. However, TMR projects the automotive segment
to grow at the fastest pace during the forecast period.
Due to their high cost of manufacturing, HUDs are currently incorporated in
premium cars and sports cars. However, the technology is yet to establish its
footprint in the mid-range car segment. In the aviation sector, head-up displays
have been incorporated in military aircrafts since many decades. Recently,
helicopters and civil aircrafts are also using the technology to ensure improved