Automotive Heads-up Display Market in APAC 2015-2019
An HUD is a display indicator that displays information onto a transparent screen, a combiner or windshield. The major application sectors for HUDs are Automotive and Aviation. HUDs help to increase the situational awareness and enhance safety margins in these sectors. The primary components of HUDs include the following: combiner, projector unit, display panel, and video generator.
TechNavio's analysts forecast the automotive heads-up display market in APAC will grow at a CAGR of 56.94 percent in terms of unit shipment over the period 2014-2019.
Covered in this Report
The automotive heads-up display market in APAC includes the market size based on end-users:
Technavio Announces the Publication of its Research Report – Automotive HUD Market in APAC 2015-2019
Technavio recognizes the following companies as the key players in the automotive HUD market in APAC: Continental, Delphi Automotive, DENSO, Nippon Seiki, Panasonic, Robert Bosch, Visteon, Yazaki
Commenting on the report, an analyst from Technavio’s team said: “Strategic collaboration among automotive OEMs is one of the key trends emerging in this market. APAC is the largest automotive market and has numerous opportunities for foreign automotive OEMs, such as BMW, Daimler, GM, Ford, Peugeot, and Volkswagen.”
According to the report, an increase in car accidents, primarily triggered by the rise in the number of vehicles on the road, has led to strict vehicle-safety regulations in the region. This has raised awareness about safety features, including HUDs, in cars. The growing awareness of the potential benefits of HUDs among consumers has helped develop a visual-information appetite.
Further, the report states that the market for HUDs is limited to premium cars, as the high cost of production is discouraging manufacturers from adopting this technology, particularly for mid-size cars. Keeping costs down is critical in the automotive sector because high costs are passed on to the customer.
Continental, Delphi Automotive, DENSO, Nippon Seiki, Panasonic, Robert Bosch, Visteon, Yazaki