North America 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 North America Automotive HUD Market would witness market growth of 29.8% CAGR during the forecast period (2022-2028).
It was also common practice to incorporate details regarding the local speed limit, frequently in the shape of an emblem that resembled a speed limit sign. The information that manufacturers conveyed on navigation screens expanded significantly, as they very cautiously and gradually added data points to head-up displays and started using augmented reality technology there.
The delay in this advancement was a result of the encroachment limits that the screen provided. The screens effectively become the car's main computer monitor, via which every function is now displayed, including audio streams, climate control, mood lighting settings, and navigation data. The importance of HUD poses an answer to the deviated driver problem. Roads are engaged with numerous signs and symbols and so are the conventional display screens in vehicles.
Due to the importance of the United States in terms of vehicle safety, North America is one of the primary regions in the automotive HUD business. The high safety criteria imposed by international bodies are anticipated to raise the adoption of safety systems that provide driver assistance. There is significant market penetration and broad use of safety features, especially among the passenger car class, as the American automobile industry gradually transforms. These technologies are now being used in commercial vehicles like pick-up trucks to improve driver eyesight and reduce the risk of accidents at night.
The US market dominated the North America Automotive HUD Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $888.9 million by 2028.The Canada market is poised to grow at a CAGR of 32.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 31.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive HUD Market is Estimated 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
- Rest of North America
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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