According to a new market research report “Head-Up Display (Hud) Market by Components (Video Generator, Projector, Combiner & Others) by Applications (Military & Civil Aviation and Automotive) & by Geography (North America, Europe, APAC & ROW) - Forecast & Analysis to 2013 - 2020”.
The Head-Up Display (HUD) systems are fulfilling the safety, comfort, and entertainment needs of its users. The use of HUD offers several advantages, which includes undiverted concentration on driving, easy access to information, and fewer possibilities of accidents. HUDs were initially developed for military and aerospace applications during the 1960s, but now, the HUDs are extensively used in the commercial and civil aviation, automobile, and other sports and infotainment applications. Now, it has become an important aspect, as almost in all the aircrafts in the aviation sector, the HUDs are installed on large scale. Even the automotive sector is experiencing a rise in the application of advanced HUD systems in high end sports and luxury car segments.
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The global head-up display market by application is in its growth stage; however, it contains a great potential across many industry verticals. The HUD is gaining attention due its capability to display information on the transparent windscreen, thus, helping users to access key information easily, without looking away from the front screen. The highlighting features like car speed information, engine status, navigational assistance, lane assistance, warning messages, and many more have made HUD the best suited device in aviation and automotive industry.
Head-Up Display Market’ combined with an in-depth analysis of various market dynamics such as the drivers, restraints, and opportunities. Along with the market dynamics, the report also gives an insight on the various market parameters such as market share analysis, value chain analysis, and the recent market activities of the leading players. Market activities also include mergers & acquisition, new product developments, collaboration, joint ventures, and partnerships by the players in the market.
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The main drivers for the HUD market include concentrated focus on active safety systems, growth in the high-end and luxury car segment, and the growth witnessed in the Pico projector market. Moreover, the major restraints for the market include display variability and virtual image distance and the effect of HUD on driving speed/behavior.
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