World Head Up Display Market to Post CAGR Over 20% through 2021, Predicts TechSci Research in Its Report Recently Added at MarketPublishers.com
09 Jan 2017 • by Natalie Aster
LONDON – Soaring military expenditures by different countries stimulated the demand for head-up displays (HUDs) the world over in recent years. Nevertheless, progressive technology advancements have enabled producers to provide this cutting-edge technology to versatile end-use sectors like civil aviation, automotive, etc., at competitive prices. Additionally, soaring need for safety and increasing traffic accidents is giving a boost to the integration of head-up displays in the car industry, largely in the basic car and mid-size segments.
The worldwide market for head-up displays is forecast to register a CAGR of more than 20% to 2021. Car and defense industries stood out as the key generators of demand for head-up displays from pole to pole, due to a hike in the demand for deploying state-of-the-art technology in military air forces and rising need for road safety amid passengers. Furthermore, growing technology advances and decreasing ASPs for head-up displays worldwide are further giving a boost to the adoption of this technology in the car and civil aviation sectors globally.
Geography-wise, North America was the leading global head-up display marketplace on the back of the growing and expanding market for luxury & premium vehicles across the region.
In-demand research report created by TechSci Research and titled “Global Head Up Display Market” offers an all-round, unprejudiced analysis of the market on a global level.
The research publication sheds light on market size (value and volume) and share data based on technology, component, end user, region, and by company; alongside providing detailed forecasts for the categories. The report examines the on-going market trends, and speculates on the sector’s expected growth over the next 5 years. It casts light on the market attractiveness index, and canvasses the market drivers and challenges. Furthermore, the study analyses the competitive landscape and profiles the leading 20 companies, and concludes with detailed strategic recommendations.
Please follow this Market Publishers’ catalogue for other insightful reports by TechSci Research.