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New Revenue Pockets Head-Up Display Market
The European region is the leader in terms of the HUD market; this is due to the already established markets of aviation and high end cars in this region. In the coming years, the APAC region is projected to showcase the fastest annual growth for the HUDs market, attracting the attention from the HUD manufacturers.
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 solutionsare 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,whichcan assist the drivers in terms of ensuringtheir 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 gradual rise in the HUD technology is seen because of the increased 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 ofeffectivelyimplementing 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.
Head-Up Display (Hud) Market by Components (Video Generator, Projector, Combiner & Others) by Applications (Military & Civil Aviation and Automotive) & by Geography (North America, Europe, APAC & ROW) - Forecast & Analysis to 2013 - 2020
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