Automotive Head-Up Display Market by Type, Component, Technology, Dimension Type, Vehicle Class, Vehicle Type, Distribution

Description

List of Tables

[182 Pages Report] The Automotive Head-Up Display Market size was estimated at USD 1.49 billion in 2023 and expected to reach USD 1.70 billion in 2024, at a CAGR 14.54% to reach USD 3.85 billion by 2030.

An Automotive Head-Up Display (HUD) is an advanced technology used in vehicles to project essential information, such as speed, navigation, and warning signals, onto the windshield in the driver's line of sight. This allows drivers to access critical data without diverting their eyes from the road, enhancing safety and convenience. Rising consumer inclination for advanced driver assistance systems (ADAS), increasing consumer preference for enhanced driving experiences, and stringent government regulations focusing on road safety are majorly increasing the adoption of automotive head-up displays. Despite these advantages, high production and integration costs of automotive HUDs, potential distractions due to over-cluttered displays, and technical issues with visibility under certain lighting conditions are limiting its adoption. Nevertheless, integrating augmented reality (AR) features, advancements in HUD technology making it more affordable, and expanding its use in lower-end vehicle segments present opportunistic scope for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.49 billion
Estimated Year [2024]	USD 1.70 billion
Forecast Year [2030]	USD 3.85 billion
CAGR (%)	14.54%

Regional Insights

The Automotive Head-Up Display Market shows increasing demand across the Americas, driven by consumers' increasing preference for enhanced safety and convenience features in vehicles, particularly in the United States and Canada. This trend is supported by the presence of major automotive manufacturers & technology vendors investing in HUD innovations. In the EMEA region, the market is bolstered by stringent safety regulations and a strong focus on integrating advanced driver-assistance systems (ADAS) in vehicles. European countries including Germany, France, and the United Kingdom are leading the adoption of HUDs due to their well-established automotive industries and high consumer awareness. Meanwhile, the Asia-Pacific region showcases rapid growth in the HUD market, majorly driven by China, Japan, and South Korea, attributed to the booming automotive sector, increasing disposable incomes, and a rising trend toward the adoption of high-tech cars among consumers.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive Head-Up Display Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Increasing deployment of windshield HUDs
- Rising adoption for luxury and high-end cars
- Growing awareness about passenger and vehicle safety

Market Restraints
- High cost associated with the usages of technology

Market Opportunities
- Deployment of augmented reality in the automotive head-up display
- Utilization of in-vehicle ethernet for better visibility and control

Market Challenges
- Need for larger space for installing head-up displays

Market Segmentation Analysis
- Type: Increasing adoption of windshield HUDs in modern vehicles for enhanced situational awareness and safer driving habits
- Vehicle Class: Proliferation of automotive HUDs in luxury vehicles to provide an enriched driving experience

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive Head-Up Display Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive Head-Up Display Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Innovative AR-HUD Solution by Raythink Shown at Shanghai Auto Show Set to Revolutionize Driving Experience

Raythink unveiled its latest smart vehicle AR-HUD solution, utilizing its OpticalCore picture generation unit and wave-layer three-dimension technology, enabling the projection of fully naked-eye 3D images with depth to enhance the driving experience. Unlike traditional thin-film transistor and digital light processing solutions, OpticalCore employs laser beam scanning, offering a wider field of view across three lanes, higher image contrast, and reduced costs and power consumption. Moreover, to meet growing demand, Raythink plans to expand its production line and develop the next generation of immersive AR-HUDs. [Published On: 2023-05-06]

Envisics Secures Over USD 50 Million in Series C Funding to Revolutionize Automotive AR HUD Technology

Envisics Corporation has raised over USD 50 million in its Series C funding round led by Hyundai Mobis, with additional backing from new strategic investors InMotion Ventures and Stellantis. With this funding, Envisics has intensified its efforts to become a central player in the evolution of vehicle interfaces and interior designs. Further, they accelerated technological advancements and market shifts towards AR HUD solutions to realize the commercial potential of dynamic holography in automotive applications. [Published On: 2023-03-09]

HARMAN Unveils Ready Vision: Advanced AR Technology for Enhanced Driver Safety and Awareness

HARMAN has launched HARMAN Ready Vision, an innovative set of augmented reality (AR) head-up display (HUD) hardware and software to improve driver safety and situational awareness. By merging the physical and digital realms, Ready Vision projects intuitive turn-by-turn directions directly onto the windshield, thus enhancing driver cognition. Additionally, the system utilizes computer vision and machine learning to provide real-time 3D object detection, delivering non-intrusive collision warnings, blind spot alerts, lane departure notifications, lane change assist, and low-speed zone notifications with high accuracy. [Published On: 2023-01-04]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive Head-Up Display Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive Head-Up Display Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Continental AG, Delphi Automotive Plc, DENSO Corporation, Foryou Corporation, HARMAN International Industries, Inc. by Samsung Electronics Co., Ltd., HUDWAY, LLC, LG Corporation, MicroVision Inc., Nippon Seiki Co., Ltd., Panasonic Corporation, Pioneer Corporation, Raythink Technology Co., Ltd., Robert Bosch GmbH, ROHM CO., LTD., STMicroelectronics N.V., Texas Instruments Incorporated, VALEO SA, Visteon Corporation, and YAZAKI Corporation.

Market Segmentation & Coverage

This research report categorizes the Automotive Head-Up Display Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Combiner HUD
- Windshield HUD

Component
- Hardware
  - Combiner
  - Control Unit
  - Display Unit
  - Projector

Software

Technology
- Augmented Reality HUD
- Conventional HUD

Dimension Type
- 2-D HUD
- 3-D HUD

Vehicle Class
- Economy Vehicles
- Luxury Vehicles
- Mid-Segment Vehicles

Vehicle Type
- Commercial Vehicle
- Passenger Vehicle

Distribution
- Aftermarket
- Original Equipment Manufacturers

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-030C42D3ED44

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing deployment of windshield HUDs
  - 5.1.1.2. Rising adoption for luxury and high-end cars
  - 5.1.1.3. Growing awareness about passenger and vehicle safety
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with the usages of technology
- 5.1.3. Opportunities
  - 5.1.3.1. Deployment of augmented reality in the automotive head-up display
  - 5.1.3.2. Utilization of in-vehicle ethernet for better visibility and control
- 5.1.4. Challenges
  - 5.1.4.1. Need for larger space for installing head-up displays
5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing adoption of windshield HUDs in modern vehicles for enhanced situational awareness and safer driving habits
- 5.2.2. Vehicle Class: Proliferation of automotive HUDs in luxury vehicles to provide an enriched driving experience
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive Head-Up Display Market, by Type

6.1. Introduction
6.2. Combiner HUD
6.3. Windshield HUD

7. Automotive Head-Up Display Market, by Component

7.1. Introduction
7.2. Hardware
7.3. Software

8. Automotive Head-Up Display Market, by Technology

8.1. Introduction
8.2. Augmented Reality HUD
8.3. Conventional HUD

9. Automotive Head-Up Display Market, by Dimension Type

9.1. Introduction
9.2. 2-D HUD
9.3. 3-D HUD

10. Automotive Head-Up Display Market, by Vehicle Class

10.1. Introduction
10.2. Economy Vehicles
10.3. Luxury Vehicles
10.4. Mid-Segment Vehicles

11. Automotive Head-Up Display Market, by Vehicle Type

11.1. Introduction
11.2. Commercial Vehicle
11.3. Passenger Vehicle

12. Automotive Head-Up Display Market, by Distribution

12.1. Introduction
12.2. Aftermarket
12.3. Original Equipment Manufacturers

13. Americas Automotive Head-Up Display Market

13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States

14. Asia-Pacific Automotive Head-Up Display Market

14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam

15. Europe, Middle East & Africa Automotive Head-Up Display Market

15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom

16. Competitive Landscape

16.1. Market Share Analysis, 2023
16.2. FPNV Positioning Matrix, 2023
16.3. Competitive Scenario Analysis
- 16.3.1. Innovative AR-HUD Solution by Raythink Shown at Shanghai Auto Show Set to Revolutionize Driving Experience
- 16.3.2. Envisics Secures Over USD 50 Million in Series C Funding to Revolutionize Automotive AR HUD Technology
- 16.3.3. HARMAN Unveils Ready Vision: Advanced AR Technology for Enhanced Driver Safety and Awareness
16.4. Strategy Analysis & Recommendation

17. Competitive Portfolio

17.1. Key Company Profiles
17.2. Key Product Portfolio