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(I-AutoNewsWire.com, February 27, 2019 ) As per the latest market intelligence report published by Stratview Research, the Automotive Head-Up Display (HUD) Market is anticipated to reach at US$ 1.75 billion by 2022.
The research studies Automotive Head-Up Display (HUD) Market in the trend period of 2011 to 2016 and forecasted period of 2017 to 2022 under five segments by Vehicle Type (Luxury Cars, Sports Cars, Mid-Segment Cars, and Basic Segment Cars), by Product Type (Windshield and Combiner), by Component Type (Display Combiner, Display Panel, Projector, Video Generator, Software, and Others), by End-User Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022
The study finds – North America is expected to remain the most dominant market in the global automotive head-up display during the forecast period, driven by increasing adoption of HUDs in the new models. OEM is expected to remain the largest end-user type in the global automotive head-up display market over the next five years, driven by increasing adoption from luxury to mid-segment carmakers. Windshield projector is expected to remain the largest product type in the global automotive head-up display market during the forecast period, driven by higher use in the luxury vehicles. Luxury car is projected to remain the largest segment in the global automotive head-up display market.
Click here to read the detailed description: https://www.stratviewresearch.com/134/automotive-head-up-display-market.html
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Automotive Head-Up Display (HUD) Market: Highlights The global automotive head-up display market is projected to grow at an impressive double-digit CAGR of 22.4% over the next five years to reach US$ 1.75 billion in 2022. Rising demand for high-end luxury and mid-size cars with advanced safety features including head-up displays, increasing use of smart phones and navigation systems, introduction of more stringent government regulations regarding safety, continuous reduction in the price of head-up displays, advancement in the technology, and an organic growth in the automobile production are major growth drivers of the global head-up display market in the automotive industry.
The global automotive head-up display market is segmented based on vehicle type: luxury cars, sports cars, mid-segment cars, and basic-segment cars. Luxury car is projected to remain the largest segment in the global automotive head-up display market during the forecast period of 2017 to 2022.
About Stratview Research Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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