Head-up Display Market to Reach US$ 19,118.3 Million by 2027

1. Market Research Report EXCLUSIVE EDITION Global Head-up Display Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Head-up Display Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

3. ABOUT MARKET STATSVILLE GROUP (MSG) Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services. Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact. Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice. Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

5. Head-up Display Market Share 2022 COVID-19 Impact and Regional Outlook 2030 Head-up Display Market by Type (Windshield-based and Combiner-based), by Technology (Conventional and AR-based), by End-User (Aerospace and Automotive), by Sales Channel (OEMs and Aftermarket), by Region – Global Share and Forecast to 2027 Description The global head-up display market size is expected to grow from USD 5,297.8 million in 2020 to USD 19,118.3 million by 2027, at a CAGR of 20.1% from 2021 to 2027. The head-up display is a projection unit that projects a brightly lit video or image onto a transparent surface. The primary function of head- up display is to eliminate users’ need to take away their gaze from the road to the infotainment dashboard. These displays emit details, such as the turn-by-turn navigation, current speed, posted road signs, and blind-spot warnings, directly into the driver's or pilots’ field of view such that their vision remains forward. Originally, the head-up displays were invented for military aircraft; however, their implementation in premium automotive has witnessed popularity in recent years. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. The head-up display market is anticipated to witness growth during the forecast period due to challenging driving conditions with increasing population and the number of vehicles on the road. Also, enhanced safety offered by the head-up displays drives the market growth. Additionally, advancement in augmented reality technology is estimated to revolutionize the head-up display market. Considering these factors, it is estimated that the head-up display market will experience steep growth in the near future. The factors such as the higher penetration rate of head-up displays in the defense and aerospace sector are some of the other drivers for the head-up display market growth. However, the cost of head-up displays acts as a major restraint, which hinders the market growth. Furthermore, the development of connected cars and the emergence of new head-up display applications provide lucrative opportunities for the head-up display market. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/head-up- display-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. COVID-19 Impact on the Global Head-up Display The emergence of COVID-19 has severely impacted the head-up display market, owing to the adverse effects of the COVID-19 pandemic on the end user industry. It has also led to geopolitical uncertainties. However, the market players have focused on near-term priorities such as meeting customer priorities as they face unique challenges and supporting the supply chain to deal with pandemic-related disruption. Governments in key markets have prioritized defense and security in the current threat environment; therefore, the defense sector has strong demand. However, the commercial aerospace sector is experiencing severe loss as no new orders have been placed during the pandemic. This impact is estimated to continue till 2021. Furthermore, the international automobile markets are in a very week state, owing to the lockdowns imposed that continued for several weeks to tackle the pandemic. Although the vehicles markets in the U.S. and Europe are estimated to witness mild recovery in the second half of 2020, they are still significantly down on pre-crisis levels. Therefore, the head-up display market is facing major obstacles due to the emergence of the COVID-19 pandemic. Global Head-up Display Market Dynamics Drivers: Increase in demand for high-tech vehicles With advancing technologies in all spheres of life, there is a considerably high demand for high-tech automotive. According to the 2017 Autotrader Car Tech Impact Study, 48% of consumers focus on in-vehicle technology while purchasing a vehicle. About 55% of consumers are willing to spend more to get the tech features they want in their vehicles. Therefore, it is evident that consumers give more importance to technology than brand or body style. In addition, consumers believe that certain high-tech safety features must be standard for all vehicles. Besides, the idea of autonomous vehicles is gaining popularity among consumers and is anticipated to evolve the automotive sector considerably. All these factors highly favor the development and adoption of head-up displays in the automotive sector. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Restraints: The cost of the head-up display is the biggest restrain for the market growth In most vehicles, vehicle navigation and infotainment systems have been found commonplace since years. Although the technology is relatively outdated, the cost of these systems hasn’t been reduced in years. On the other hand, smartphones have evolved largely in a short span of time, and they continue to include many advanced features such as navigation. Consequently, consumers have been less likely to choose the expensive navigation and infotainment systems while buying a vehicle. Therefore, automakers need to economize the new technologies in navigation and infotainment systems for greater adoption. Opportunities: Emergence of new applications The major applications of head-up displays are aircraft and vehicles. Besides these, there are many new emerging applications of head-up displays, which boost the market growth. New applications at museums, exhibition stands, or car dealerships allow the users to display additional information in the real world. Headup displays for these applications can be developed up to 80 inches in size. Moreover, head-up displays can be excellent eye-catchers at trade shows. Therefore, many such applications are estimated to emerge over time, fueling the head-up display market growth. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. Scope of the Report The study categorizes the head-up display market based on type, technology, end-user, and sales at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy- now/head-up-display-market?opt=2950 By Type Outlook (Thousand Units, Revenue, 2017- 2027, USD Million) •Windshield-based •Combiner-based By Technology Outlook (Thousand Units, Revenue, 2017-2027, USD Million) •Conventional •AR-based © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. By End-User Outlook (Thousand Units, Revenue, 2017-2027, USD Million) •Aerospace • Civil • Military •Automotive By Sales Channel Outlook (Thousand Units, Revenue, 2017-2027, USD Million) •OEMs •Aftermarket Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/head-up-display-market By Region Outlook (Thousand Units, Revenue, 2017-2027, USD Million) •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

11. By type, the head-up display segment is projected to account for the largest market share On the basis of type, the head-up display market includes windshield- based and combiner-based. In 2020, The combiner-based segment was the highest contributor to the market, having a 54.5% share in the global head-up display market. A combiner-based head-up display uses a partially reflective screen, such as transparent glass, to display information in the driver's line of sight. There are two types of combiner glasses available, conventional optical combiners and waveguide combiners. During recent years, combiners have evolved from simple semitransparent flat surfaces that passively reflected light from projectors to sophisticated conformational holograms that diffract selective wavelengths and act as relay lenses. This evolution has been promoted to maximize the field of view (FoV) of the projected image to maintain a comfortable viewing experience and minimize the size of the projector. Various companies develop this technology in their products due to its advancements. Request For Report Description: https://www.marketstatsville.com/head-up-display- market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

12. Thank You Thank You Market Market Statsville StatsvilleGroup (MSG) Group (MSG) F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 Phone : +91 702 496 8807 Mail : sales@marketstatsville.com 800 Third Avenue Suite A #1519 New York, NY 10022 Phone : +1 (646) 663-5829 Mail : sales@marketstatsville.com