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DUBLIN--(BUSINESS WIRE)--Oct 28, 2022--
The "Head-Up Displays (HUDs): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Head-Up Displays (HUDs) estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$10.2 Billion by 2027, growing at a CAGR of 30.7% over the analysis period 2020-2027.
Projectors / Projection Units, one of the segments analyzed in the report, is projected to record a 30.7% CAGR and reach US$3.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Display Units segment is readjusted to a revised 34.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $458.5 Million, While China is Forecast to Grow at 30% CAGR
The Head-Up Displays (HUDs) market in the U.S. is estimated at US$458.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 30% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.4% and 26.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.8% CAGR.
Video Generators Segment to Record 26.4% CAGR
In the global Video Generators segment, USA, Canada, Japan, China and Europe will drive the 26.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$215.7 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2027.
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Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/5i49eh
View source version on businesswire.com:https://www.businesswire.com/news/home/20221028005173/en/
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KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/28/2022 04:48 AM/DISC: 10/28/2022 04:48 AM
http://www.businesswire.com/news/home/20221028005173/en