The head-up display market is anticipated to grow at a CAGR of 21.2% from 2022 to 2032, reaching US$ 3,591.4 Mn. By displaying crucial vehicle information on the windscreen, the heads-up display (HUD) is a technology that aims to reduce driver distraction. In the early stages of HUD, the CRT display was used. The LCD projection’s backlight in the second version used solid-state light, which is akin to an LED. Commercial aircraft use this technology to a large extent.
In the third generation, wave-guided optics are used. The fourth projects various images and movies using scanned lasers. The first is the Google Glass.
The North America head-up display (HUD) market refers to the use of advanced display technology to project information onto the windshield of a vehicle, providing drivers with important information without them having to look away from the road. HUDs offer several advantages over traditional instrument panels, including improved safety, convenience, and reduced driver distraction.
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Rising Head-Up Display Adoption Opens Up Market Opportunities
The experience of driving has been enhanced by the incorporation of augmented reality (AR) in head-up displays. AR-based head-up displays ensure safety and comfort by projecting an external image of the traffic patterns in front of the car with virtual augmentations. These exhibit systems are widely used because of their cutting-edge functions and simple accessibility.
Additionally, head-up displays based on augmented reality have shown to be an effective defence against growing security concerns, which is driving greater demand for the device. Due to the increase in demand for head-up displays based on augmented reality, the industry is observing strategic alliances that will further aid in technological breakthroughs and produce high-quality products.
The North America HUD market is expected to grow significantly in the coming years, driven by the increasing demand for advanced driver assistance systems (ADAS) and the need for more convenient and user-friendly displays. The market is also expected to benefit from the increasing adoption of connected and autonomous vehicles, which require advanced HUD technology.
HUDs can display a range of information, including speed, navigation, and safety alerts. Advanced HUDs can even display augmented reality overlays, providing drivers with even more detailed and useful information. Some HUDs also offer touchless gesture control, allowing drivers to interact with the display without taking their hands off the steering wheel.
Overall, the North America HUD market is expected to continue to grow in the coming years, driven by the increasing demand for advanced driver assistance systems and the need for more convenient and user-friendly displays. HUDs are likely to become an increasingly important part of the driving experience as vehicle technology continues to evolve.
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Competitive Landscape
With several leading companies, the head-up display industry is competitive and fragmented. Vendors are putting a growing amount of emphasis on product innovation and differentiation.
- In January 2021, the new Alternate Reality (AR) HUD from Panasonic Corporation was unveiled. Drivers benefit from comprehensive, artificially intelligent situational awareness provided by Panasonic Automotive’s immersive virtual reality head-up display.
- In February 2021, the business announced that it had started shipping augmented reality head-up displays, adopting Nippon Seiki’s initial AR-HUD that used the “DMD method” technology.
North America Head-up Display Market Segamantion
By HUD Type:
- Conventional Head-up Displays (HUD)
- Windshield-based HUD
- Combiner HUD
- Head Mounted
- AR-based Head-up Displays (HUD)
By Technology:
- CRT
- Liquid Crystal Display (LCD)
- Optical Waveguide
- Digital Light Processing (DLP)
- Liquid Crystal on Silicon (LCoS)
- Others
By Application:
- Automotive
- Military and Defense
- Aerospace & Aviation
- Healthcare & Medical
- Others
By Country:
- US
- Canada
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