The Europe Head-up Display Market is expected to witness market growth of 18.4% CAGR during the forecast period (2021 2027).
The primary purpose of a head-up display is to eliminate the requirement for the driver to take their attention away from the road. The infotainment display on the system shows real-time information like turn-by-turn navigation, blind-spot alerts, current speed, and posted traffic signs in the driver's field of view. Further, adaptive cruise control, onboard cameras, and other navigational technologies help drivers in staying focused on the road and avoid distractions. The utilization of a head-up display adds to the ease and safety of the vehicle. In the future, the development of connected cars, as well as the advent of new and more innovative technologies and applications, will provide the industry with more attractive growth potential.
In the presence of visible topography, ground-based objects, water, or other aircraft, a head-up display is used to improve situational awareness throughout the flight in low visibility. HUD is especially useful during the approach and landing stages of flight when the majority of aircraft accidents are known to occur.
Europe is also one of the world's main aircraft-producing regions. European carriers including Lufthansa AG, Air France, and Airbus. Gulfstream, BAE Systems, Dassault, Eurocopter, and Agusta Westland are some of the world's most significant aircraft and helicopter manufacturers. In addition, the significant prevalence of aircraft and automotive manufacturers is also propelling the head-up display market in the region.
Moreover, Germany is popular around the world for its excellent automobile sector and engineering prowess. Additionally, German automobiles represent highly prized traits such as innovation, dependability, safety, and design. Germany is Europe's largest manufacturing and distribution market by a long shot. The country's world-class research and development facilities, extensive industrial value chain convergence, and highly qualified personnel offer a seamless automotive environment on the worldwide stage.
The Germany market dominated the Europe Head-up Display Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $468.2 million by 2027. The UK market is anticipated to grow at a CAGR of 17.5% during (2021 - 2027). Additionally, The France market is expected to showcase a CAGR of 19.3% during (2021 - 2027).
Based on Application, the market is segmented into Automotive (Passenger Cars and Commercial Vehicles) and Aviation (Civil and Military). Based on Type, the market is segmented into Conventional and Augmented Reality (AR)-based. Based on Type, the market is segmented into Projectors/Projection Units, Display Units, Software, Video Generators and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Visteon Corporation, Nippon Seiki Co., Ltd., Robert Bosch GmbH, Continental AG, Denso Corporation, Pioneer Corporation, BAE Systems PLC, Panasonic Corporation, Thales Group S.A., and Yazaki Corporation.
The primary purpose of a head-up display is to eliminate the requirement for the driver to take their attention away from the road. The infotainment display on the system shows real-time information like turn-by-turn navigation, blind-spot alerts, current speed, and posted traffic signs in the driver's field of view. Further, adaptive cruise control, onboard cameras, and other navigational technologies help drivers in staying focused on the road and avoid distractions. The utilization of a head-up display adds to the ease and safety of the vehicle. In the future, the development of connected cars, as well as the advent of new and more innovative technologies and applications, will provide the industry with more attractive growth potential.
In the presence of visible topography, ground-based objects, water, or other aircraft, a head-up display is used to improve situational awareness throughout the flight in low visibility. HUD is especially useful during the approach and landing stages of flight when the majority of aircraft accidents are known to occur.
Europe is also one of the world's main aircraft-producing regions. European carriers including Lufthansa AG, Air France, and Airbus. Gulfstream, BAE Systems, Dassault, Eurocopter, and Agusta Westland are some of the world's most significant aircraft and helicopter manufacturers. In addition, the significant prevalence of aircraft and automotive manufacturers is also propelling the head-up display market in the region.
Moreover, Germany is popular around the world for its excellent automobile sector and engineering prowess. Additionally, German automobiles represent highly prized traits such as innovation, dependability, safety, and design. Germany is Europe's largest manufacturing and distribution market by a long shot. The country's world-class research and development facilities, extensive industrial value chain convergence, and highly qualified personnel offer a seamless automotive environment on the worldwide stage.
The Germany market dominated the Europe Head-up Display Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $468.2 million by 2027. The UK market is anticipated to grow at a CAGR of 17.5% during (2021 - 2027). Additionally, The France market is expected to showcase a CAGR of 19.3% during (2021 - 2027).
Based on Application, the market is segmented into Automotive (Passenger Cars and Commercial Vehicles) and Aviation (Civil and Military). Based on Type, the market is segmented into Conventional and Augmented Reality (AR)-based. Based on Type, the market is segmented into Projectors/Projection Units, Display Units, Software, Video Generators and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Visteon Corporation, Nippon Seiki Co., Ltd., Robert Bosch GmbH, Continental AG, Denso Corporation, Pioneer Corporation, BAE Systems PLC, Panasonic Corporation, Thales Group S.A., and Yazaki Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Automotive
- Passenger Cars
- Commercial Vehicles
- Aviation
- Civil
- Military
By Type
- Conventional
- Augmented Reality (AR)-based
By Component
- Projectors/Projection Units
- Display Units
- Software
- Video Generators
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Visteon Corporation
- Nippon Seiki Co., Ltd.
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Pioneer Corporation
- BAE Systems PLC
- Panasonic Corporation
- Thales Group S.A.
- Yazaki Corporation
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Head-up Display Market by Application
Chapter 5. Europe Head-up Display Market by Type
Chapter 6. Europe Head-up Display Market by Component
Chapter 7. Europe Head-up Display Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Visteon Corporation
- Nippon Seiki Co., Ltd.
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Pioneer Corporation
- BAE Systems PLC
- Panasonic Corporation
- Thales Group S.A.
- Yazaki Corporation
Methodology
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