Future Market Insights’ report titled, "Head-Up Display Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)", indicates the global head-up display market is expected to witness substantial growth with demand from end-users rising at an extensive rate. Technology advancements, numerous IoT devices, and the adoption of wearable devices will increase the demand for head-mount and wearable displays. Also projected, investments by head-up display manufacturers in projection technologies such as LCoS, laser projection techniques, and MEMS will bode well for them in the future as it will lead to the reduction of the overall size of the HUD systems along with increasing its product life.
As per the report, the global head-up display market is expected to witness a CAGR of 20.3% from 2017 to 2027. It is expected to touch $18,410 million approximately by the end of 2027 from a valuation of around $2,478 million in 2016.
Highlights
- Extensive Demand from Automotive and Military and Defense Sectors to Present Lucrative Growth Prospects
- Asia Pacific to Top the Chart with High Demand for Head-up Displays
- Companies to Gear up with Population Specific Strategies
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