The Middle East & Africa automotive HUD market is expected to grow from US$ 37.87 million in 2022 to US$ 93.74 million by 2028; it is estimated to grow at a CAGR of 18.2% from 2022 to 2028.
Automobile manufacturers and HUD suppliers are working tirelessly to improve automobile systems. These HUDs can now display compass directions, warning messages, radio information, and other information on the windshield. Advanced technologies such as liquid crystal displays (LCD) and light-emitting diodes (LED) enable bright, colorful visuals to be displayed on the windshield. They are becoming less expensive to make due to continuous technological developments. New projection technologies, such as micro mirror-based devices based on electromechanical systems, are entering the market, allowing brighter screens with more colors to be used. Further, low-cost and novel display technologies are fueling the growth of the display systems market. Continental AG offers Adaptive Cruise Control, which monitors and displays the speed and distance ahead of the cars using an AR-based HUD. When the vehicle comes close to the next vehicle, a crescent-shaped icon on display changes color to provide continuous feedback.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa automotive HUD market . The Middle East & Africa automotive HUD market is expected to grow at a good CAGR during the forecast period.
Middle East & Africa Automotive HUD Market Segmentation
The Middle East & Africa automotive HUD market is segmented based on by installation type, location, vehicle, and country.
- Based on installation type, the Middle East & Africa automotive HUD market is divided into combiner HUD and windshield HUD. The windshield HUD segment dominated the Middle East & Africa automotive HUD market in 2022.
- Based on location, the Middle East & Africa automotive HUD market is categorized into conventional HUD and augmented reality HUD (AR HUD). The conventional HUD segment dominated the Middle East & Africa automotive HUD market in 2022.
- Based on vehicle, the Middle East & Africa automotive HUD market is categorized into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). The passenger cars segment dominated the Middle East & Africa automotive HUD market in 2022.
- Based on country, the Middle East & Africa automotive HUD market is segmented into Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa. The South Africa segment dominated the Middle East & Africa automotive HUD market in 2022.
Key players dominating the Middle East & Africa automotive HUD market are Continental AG; Denso Corporation; Robert Bosch GmbH; Harman International; Yazaki Corporation; Valeo; and Panasonic Automotive Systems Europe GmbH by Altair are among the leading companies in the Middle East & Africa automotive HUD market.
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Companies Mentioned
- Continental AG
- Denso Corporation
- Robert Bosch GmbH
- Harman International
- Yazaki Corporation
- Valeo
- Panasonic Automotive Systems Europe GmbH