Asia Pacific Automotive HUD Market Size, Share & Industry Trends Analysis Report By Sales Channel, By Passenger Class, By Technology, By HUD Type (Windshield and Combiner), By Dimension Type, By Vehicle Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Automotive HUD Market would witness market growth of 31.2% CAGR during the forecast period (2022-2028).
Infrared cameras in more recent HUD systems may identify the road lines and project their actual locations on the windshield. The driver is assisted with the display of the map, turning, and even speed-limit and traffic-sign information on the windshield of a car by merging the HUD unit with a vehicle's GPS system.
Blind-spot detection warnings for ADAS may also show up on the auto-HUD. HUDs are important in vehicles with adaptive cruise control for alerting the driver to the precise location of the car and for presenting warning information such as tire pressure and oil level. Other features include displaying track information from Music players or viewing text messages from mobile phones. Businesses in the automobile head-up display (HUD) are expanding by taking advantage of new opportunities presented by online sales.
China is one of the key regions in the automobile business. The Chinese central government projects that the country would have produced more than 30 million vehicles. Additionally, China is accelerating the standardization of advanced driver support systems and autonomous vehicles (ADAS). The Ministry of Industry and Information Technology of the Chinese government has released the key operating principles of Intelligent Connected Vehicle Standardization in order to encourage and promote the sector's expansion.
The China market dominated the Asia Pacific Automotive HUD Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $474 million by 2028.The Japan market is estimated to grow a CAGR of 30.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 32% during (2022 - 2028).
Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on Passenger Class, the market is segmented into Luxury, Economy and Mid-segment. Based on Technology, the market is segmented into Conventional and Augmented Reality. Based on HUD Type, the market is segmented into Windshield and Combiner. Based on Dimension Type, the market is segmented into 2D and 3D. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Panasonic Corporation, Continental AG, Nippon Seiki Co., Ltd., Visteon Corporation, Denso Corporation, JVCKENWOOD Corporation, Alps Alpine Co., Ltd., Pioneer Corporation, and Yazaki Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Sales Channel
By Passenger Class
- Augmented Reality
By HUD Type
By Dimension Type
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Panasonic Corporation
- Continental AG
- Nippon Seiki Co., Ltd.
- Visteon Corporation
- Denso Corporation
- JVCKENWOOD Corporation
- Alps Alpine Co., Ltd.
- Pioneer Corporation
- Yazaki Corporation
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