Head-up Display Market Research Report and Forecast up to 2022 Head-up Display Market Growth, Trends and Forecast | Page 2

safety. In civil aviation, operational efficiencies offered by head-up displays are
encouraging their adoption. Furthermore, the rising defense budget, combined with
the recent military modernization programs, will fuel HUD uptake across the civil
aviation sector
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Booming Automotive Industry Secures North America’s Dominance in Global HUD
Market
Regionally, North America emerged as the largest market for head-up display in
2014. The region has been the forerunner of high military modernization that
creates bolsters demand for HUDs from the military aircrafts segment. Moreover,
the booming luxury car industry also aids the expansion of the HUDs market in the
region. The region also witnesses a considerably high demand for active safety
systems in aircrafts and automotive, which has been responsible behind the growth
exhibited by the HUDs market in North America.
Besides this, Europe has been exhibiting lucrative prospects for HUD manufacturers
as well, which enabled the region emerge as second-largest HUDs market in 2014.
As prominent luxury car manufacturers such as Audi, Mercedes Benz, and BMW AG
are domiciled in Europe, demand for HUDs from the region’s luxury car industry is
expected to increase considerably in the near future. However, due to the rising
demand for high-end cars from emerging economies, the Asia Pacific HUD market
will report the highest CAGR of 19.4% during the forecast period. The regional
market will also benefit from the increasing need for improved safety system in the
region’s automotive and aviation sectors.
BAE Systems plc, Continental AG, Rockwell Collins Inc., Nippon Seiki Co. Ltd., Thales
Group, Johnson Controls Inc., Delphi Automotive PLC, Denso Corporation, Yazaki
Corporation, Pioneer Corporation, Microvision Inc., and Esterline Technologies
Corporation are some of the most prominent players operating in the global head-
up display market.
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