LAMEA 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 Latin America, Middle East and Africa Automotive HUD Market would witness market growth of 34.4% CAGR during the forecast period (2022-2028).
The Acecar HUD, which is available on the Amazon E-Commerce website, is becoming more and more well-known for its auto-adjustable brightness and glare-free characteristics. Manufacturers are stepping up their R&D efforts in an effort to create automobile head-up displays (HUDs) that do not require reflective films.
Since the information is instantly projected on the windshield, these convenience features are encouraging the adoption of HUDs. The rise of connected cars and the introduction of new technologies in HUD production are creating profitable market growth potential. Opportunities for market expansion are also presented by the increased need for safety in the majority of automobiles. These factors have spurred the expansion of the automotive HUD market.
The South African automobile industry's growth strategy has been focused on deeply integrating into the overall automotive environment in response to increased foreign direct investment and trade. The South African Automotive Masterplan (SAAM) 2021–2035 aims to increase the country's stature and position in the world's vehicle manufacturing by producing 1.4 million vehicles annually, or 1% of all vehicles produced, by 2035.
The Brazil market dominated the LAMEA Automotive HUD Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $80.7 million by 2028.The Argentina market is experiencing a CAGR of 35.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 34% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Automotive HUD Market is Predict to reach $4.6 Billion by 2028, at a CAGR of 30.7%
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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