European Head-up Display Market Analysis Report 2023-2030: A Gamified Driving Experience With Augmented and Virtual Reality is the Key to HUD Future Growth Potential
DUBLIN, Sept. 14, 2023 /PRNewswire/ -- The "European Head-up Display System Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
HUD penetration in Europe as of 2022 stood at 10.4% of sold vehicles. By 2030, HUDs are expected to penetrate roughly 36.8% of vehicles, with the market expanding at a CAGR of 21.0%.
This study analyzes the European head-up display (HUD) market from 2022 to 2030. BMW was the first European original equipment manufacturer (OEM) to integrate HUD, a technological improvement over the head-down display (HDD) interface commonly used in the automotive industry. Over the years, HUDs have become a part of different types of vehicles in Europe.
There are 3 types of HUD systems in the market. Combiner HUD projects data onto a screen on the dashboard; windscreen HUD projects data onto a small section on the windscreen; and AR-HUD projects augmented visuals onto the windscreen. As of 2022, combiner HUDs accounted for 14.4% penetration of the total HUD market.
The most prevalent system in the HUD market in Europe is the windscreen HUD, as its newer generation can pack a larger field of view (FoV) and more volume in a compact size. The augmented-reality HUDs (AR-HUDs), which are the next-generation HUDs, have already hit the market in some premium brands, such as Audi and Mercedes Benz, and mass-market brands, such as Cupra, Hyundai, Kia, Skoda, and VW.
The HUD market is experiencing robust growth due to several key factors. Firstly, there is a rising demand for connected cars, driving the integration of Head-Up Displays (HUDs) to enhance the driving experience. Secondly, consumers have higher expectations for new-age technology in Human-Machine Interface (HMI), making HUDs a crucial component in modern vehicle interiors.
Additionally, Original Equipment Manufacturers (OEMs) are keen to differentiate their products in a competitive market, leading to increased HUD adoption. Lastly, the growing popularity of electric vehicles (EVs) has prompted OEMs to offer additonal features through HUDs to distinguish their EVs from traditional Internal Combustion Engine (ICE) vehicles. These factors collectively contribute to the thriving HUD market.
This study aims to examine, analyze, forecast, and give an overview of the HUD trends in Europe. It discusses the impact of these trends on the growth and deployment strategies of different OEMs and suppliers in the market. It analyzes various market aspects, including types of HUD systems and industry growth opportunities.
Growth Opportunity Focus
Key Topics Covered:
HUD Offerings - Key OEM Groups
HUD Offerings - Key Tier I Suppliers
Select AR-HUD Platform Suppliers
Growth Opportunity Analysis - HUD
Growth Opportunity Analysis - Conventional HUD
Growth Opportunity Analysis - AR-HUD
For more information about this report visit https://www.researchandmarkets.com/r/dba2kk
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