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AR HUD Market

AR HUD Market

AR HUD Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0737

Segments Covered
  • By Application Passenger car, Commercial vehicle
  • By Sales Channel OEM, Aftermarket
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 2.14 Billion
Revenue 2028Revenue 2028: 13.97 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 26.43%
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous

Application  Analysis: Preview

On the basis of Application, the market is segmented into Passenger car, Commercial vehicle. Passenger Car  held the leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the forecast timespan. This is due to the increasing adoption of Passenger Car in emerging economies in Asia Pacific region.

Sales Channel Analysis: Preview

Based on Sales Channel, the market is segmented into OEM, Aftermarket. Aftermarket accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global AR HUD Market: Application Segment Analysis

    • Passenger car
    • Commercial vehicle

Global AR HUD Market: Sales Channel Segment Analysis

    • OEM
    • Aftermarket
FAQ
Frequently Asked Question
  • The global AR HUD valued at 2.14 Billion in 2020 and is expected to reach 13.97 Billion in 2028 growing at a CAGR of 26.43%%.

  • The prominent players in the market are Jaguar, Bosch, HARMAN International, DENSO, HTC, Panasonic, Visteon, Garmin, Microsoft, Delphi Automotive, Nippon Seiki, AutoVRse, Mercedes-Benz, Hyundai Motor Company, NVIDIA, General Motors (GM), Volkswagen, Unity, Continental..

  • The market is project to grow at a CAGR of 26.43%% between 2021 and 2028.

  • The driving factors of the AR HUD include

    • The increasing safety concern from consumers is anticipated to augment the AR HUD market growth during the forecast period. AR graphics are overlaid onto real world objects in such a way that the driver can immediately recognize the threat and quickly take appropriate action, such as braking for a road obstacle. Presenting ADAS alerts in this manner could significantly increase driver situational awareness, especially when driving at night or in low visibility conditions are factors driving the market.
    • The increase need for connected vehicles is expected to support the growth of the AR HUD market in the years to come. The connected vehicle comes with safety features that offer superior convenience, comfort, and entertainment available in passenger cars. The traffic congestions have resulted in increase in the time spent inside a car and has increased the demand for in-car infotainment and connected features. The augmented reality HUDs are an essential part of connected vehicles. The connected car include infotainment units that offer audio and visual entertainment to the consumers and also enhances the driving experience by offering convenience and safety features.

  • North America was the leading regional segment of the AR HUD in 2020.