The Europe automotive HUD market is expected to grow from US$ 355.83 million in 2022 to US$ 944.69 million by 2028; it is estimated to grow at a CAGR of 17.7% from 2022 to 2028.
The considerable surge in demand for semi-autonomous and electric automobiles across Europe drives the demand for head-up displays. Semi-autonomous vehicles can assess their surroundings and require minimal human intervention. Park assistance, front collision avoidance, and advanced cruise control are among the features of semi-autonomous vehicles. Head-up displays provide this information on windshields in the line of sight of drivers in semi-autonomous vehicles. In 2022, Hyundai launched its all-new IONIQ 5 electric crossover utility vehicle (CUV), which has a target driving range of 300 miles and includes a HUD with augmented reality (AR) mode. Furthermore, Karma Automotive and WayRay partnered to integrate a new type of AR HUD technology into a future Karma car fleet. True AR and Deep Reality Display technology from WayRay allows for creating virtual pictures at any distance and on many depth planes.
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 Europe automotive HUD market . The Europe automotive HUD market is expected to grow at a good CAGR during the forecast period.
The considerable surge in demand for semi-autonomous and electric automobiles across Europe drives the demand for head-up displays. Semi-autonomous vehicles can assess their surroundings and require minimal human intervention. Park assistance, front collision avoidance, and advanced cruise control are among the features of semi-autonomous vehicles. Head-up displays provide this information on windshields in the line of sight of drivers in semi-autonomous vehicles. In 2022, Hyundai launched its all-new IONIQ 5 electric crossover utility vehicle (CUV), which has a target driving range of 300 miles and includes a HUD with augmented reality (AR) mode. Furthermore, Karma Automotive and WayRay partnered to integrate a new type of AR HUD technology into a future Karma car fleet. True AR and Deep Reality Display technology from WayRay allows for creating virtual pictures at any distance and on many depth planes.
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 Europe automotive HUD market . The Europe automotive HUD market is expected to grow at a good CAGR during the forecast period.
Europe automotive HUD Market Segmentation
The Europe automotive HUD market is segmented based on by installation type, location, vehicle, and country.- Based on installation type, the Europe automotive HUD market is divided into combiner HUD and windshield HUD. The windshield HUD segment dominated the Europe automotive HUD market in 2022.
- Based on location, the Europe automotive HUD market is categorized into conventional HUD and augmented reality HUD (AR HUD). The conventional HUD segment dominated the Europe automotive HUD market in 2022.
- Based on vehicle, the Europe automotive HUD market is categorized into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). The passenger cars segment dominated the Europe automotive HUD market in 2022.
- Based on country, the Europe automotive HUD market is segmented into France, Germany, UK, Italy, Russia, and Rest of Europe. The Germany segment dominated the Europe automotive HUD market in 2022.
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Automotive HUD market Landscape
5. Europe Automotive HUD market - Key Market Dynamics
6. Automotive HUD market - Europe Analysis
7. Europe Automotive HUD market Analysis - By Installation Type
8. Europe Automotive HUD market - By Location
9. Europe Automotive HUD market - By Vehicle Type
10. Europe Automotive HUD market - By Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- Continental AG
- Denso Corporation
- Robert Bosch GmbH
- Harman International
- Yazaki Corporation
- Valeo
- Nippon Seiki Co., Ltd
- Panasonic Automotive Systems Europe GmbH
- HUDWAY, LLC
- Japan Display Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 136 |
| Published | September 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 355.83 Million |
| Forecasted Market Value ( USD | $ 944.69 Million |
| Compound Annual Growth Rate | 17.7% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 10 |
