Saudi Arabia automotive
head-up display (HUD) market is anticipated to grow at a robust CAGR in the
forecast period, 2023-2027. The rise in production and sales of automobiles and
increased customer awareness about road, vehicle, and passenger safety are the
primary factors driving the Saudi Arabia automotive head-up display (HUD)
market. Also, the advancements in technology to improve the customer experience
while driving the automobile and the advent of connected cars are other two
prominent factors expected to influence the market demand over the forecast
period.
Rise In Focus on Road and
Passenger Safety Drives the Market Growth
Saudi Arabia is a large but
sparsely populated country. There are no issues relating to traffic congestion
in some areas, while dense traffic is observed in some areas. Owning a private
vehicle is considered affordable and convenient instead of availing of public
transportation services. The safety and vehicles and passengers are a major
concern for vehicle buyers. In Saudi Arabia, 25,561 injuries and 4,618 deaths
were caused due to road accidents in 2020. Leading authorities are making
strict traffic regulations to ensure vehicle and passenger safety as road
injuries are the leading cause of death across the country. Driver distraction
is among the primary reasons for road accidents. Previously, in-vehicle
displays were integrated into automobiles. The driver has to take their eyes
off-road to read an instrument cluster, which shifts the visual area of the
driver for a shorter distance. Further, after reading the information, the
visual area needs to be readjusted to a greater distance. The time gap between
the adjustments can lead to road accidents, thereby creating the need for
better high-quality displays mounted at the correct position. An automotive
head-up display is placed directly in the line of sight of drivers. It provides
critical information such as navigation information, speed, and other data
related to driving assistance. Automotive head-up display sales are gaining high
demand as they lower driver distraction and increase vehicle and passenger
safety while driving an automobile.
Increased Vehicle Production
and Sales Supports the High Market Demand
Saudi Arabia has abundant oil
& gas resources and expects internal combustion engines to make up for most
vehicles for the next five years. Rapid urbanization improved living standards,
and the high per capita income enables the person to own private vehicles for
daily commuting purposes. To comply with the vision and goal set by leading
authorities in Saudi Vision 2030, the National Industrial Development Center
(NIDC) aims to attract 3-4 original equipment manufacturers across the electric
vehicle and internal combustion supply chain. It aims to produce 300,000
vehicles annually, with local production accounting for 40% of the overall
market share by 2030. The rise in the sales and production of automobiles is
expected to directly influence the demand for automotive
head-up displays (HUD) as consumers prefer to install them for safety and
convenience.
Advancements in Technology
Boosts the Market Growth
Market players are investing
massive amounts in research and development activities to improve the
performance and visibility of automotive head-up displays. The advent of
automotive head-up displays that can be integrated with motorcyclist helmets
permits them to access navigation maps, messages, or call notifications while
driving. The use of augmented reality technology in head-up display gives the
3D map analysis of the path and keeps the driver engaged and active while
ensuring that the driver's eyes are never off the road. Also, the development
of aftermarket, which can provide services and automobile parts according to
customer needs, is expected to fuel the growth of the Saudi Arabia automotive
head-up display (HUD) market over the next five years.

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Market Segmentation
The Saudi Arabia automotive
head-up display (HUD) market is segmented into type, technology, vehicle
type, demand category, regional distribution, and competitive landscape. Based on type,
the market is bifurcated into windshield HUD and Combiner HUD. Based on technology,
the market is divided into augmented reality and conventional. Based on vehicle
type, the market is divided into passenger car and commercial vehicle. Based on demand category,
the market is divided into OEM and aftermarket. To analyze the market based
on the region, the Saudi Arabia automotive head-up display (HUD) market is
studied in major regions namely north & central region, southern region,
western region, and eastern region.
Market Players
Continental AG, Visteon
Corporation, Harman International Industries, Inc., TomTom NV, Robert Bosch
GmbH, Denso Corporation, Yazaki Corporation, Aptiv Plc, Panasonic Corporation,
BAE Systems plc, are the major market players operating in the Saudi Arabia automotive
head-up display (HUD) market.
Attribute
|
Details
|
Base Year
|
2021
|
Historic Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million, Volume in Units, and CAGR for 2017-2021
and 2022-2027
|
Report coverage
|
Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
|
Segments covered
|
·
Type
·
Technology
·
Vehicle Type
·
Demand
Category
|
Regional scope
|
Northern & Central, Southern, Eastern, Western
|
Key companies profiled
|
Continental AG, Visteon Corporation, Harman
International Industries, Inc., TomTom NV, Robert Bosch GmbH, Denso
Corporation, Yazaki Corporation, Aptiv Plc, Panasonic Corporation, BAE
Systems plc
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Saudi Arabia automotive
head-up display (HUD) market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Saudi Arabia Automotive
Head-Up Display (HUD) Market, By Type:
- Windshield HUD
- Combiner HUD
- Saudi Arabia Automotive Head-Up Display (HUD) Market, By Technology:
- Augmented Reality
- Conventional
- Saudi Arabia Automotive Head-Up Display (HUD)
Market, By Vehicle Type:
- Passenger Car
- Commercial Vehicle
- Saudi Arabia Automotive Head-Up Display (HUD)
Market, By Demand Category:
- Saudi Arabia Automotive
Head-Up Display (HUD) Market, By Region:
- Northern & Central
- Southern
- Eastern
- Western
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia automotive head-up
display (HUD) market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Saudi Arabia automotive head-up display
(HUD) market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
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