Global Automotive Augmented Reality HUD Market 2018-2022 to Grow at 70% CAGR | Technavio
LONDON--(BUSINESS WIRE)--Sep 20, 2018--According to the latest market research report released by Technavio, the global automotive augmented reality HUD market is expected to accelerate at a CAGR of over 70% during the forecast period. The adoption of integrated diffractive optics is one of the key factors triggering the growth of the market.
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According to the latest market research report released by Technavio, the global automotive augmented reality HUD market is expected to accelerate at a CAGR of over 70% until 2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global automotive augmented reality HUD market into the following end-users:OEMs Aftermarket
In 2017, the aftermarket segment accounted for 84% of the global market and is projected to decline to 30% by 2022, exhibiting almost 54% decrease in market share.
Global automotive augmented reality HUD market: Top emerging trend
The development of flexible AR HUD is an emerging trend in the automotive augmented reality HUD space. AR HUD has gained popularity in the automotive ecosystem owing to their interactive nature that reduces driver distraction significantly. Flexible AR HUD has a transparent flexible display that can be used in multiple ways with different functionalities, ensuring a safer and more comfortable driving experience. When not in use, this flexible display can be rolled around a predetermined shaft, and the driver can adjust it to the desired position when needed. This flexible AR HUD displays vehicle information such as speed, traffic signs, navigation, remaining fuel amount, vehicle faults, and traffic information. Through the Internet of things capability, AR HUD can connect to the server at home, thereby enabling surveillance.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Automotive Augmented Reality HUD Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by end-user (OEMs and aftermarket)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Continental, HARMAN International, LG Electronics, Panasonic, Visteon, and Wayray)
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SOURCE: Technavio Research
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PUB: 09/20/2018 02:19 PM/DISC: 09/20/2018 02:19 PM