Innovation to Drive Head-up Display Market throughout the Forecast Period (2015 –2022)
Transparency Market Research (TMR) observes, the global head-up display market has highly fragmented vendor landscape. The prominent players operating in the head-up display market are BAE Systems plc, Continental AG, Nippon Seiki Co. Ltd., Thales Group, and Rockwell Collins Inc. These players are increasingly focusing on product differentiation and innovation. In order to achieve this, the key players are increasingly taking part in merger, partnership, and acquisition activities in order to improve the product portfolio and achieve business expansion. For achieving this, companies are investing in the research and development (R&D) activities for development of ideal devices. According to a report, the global market for head-up display was valued at US$1.76 bn in 2014 and projected to expand with striking CAGR of 19.1% to attain the value of US$7.05 bn by 2022 over the forecast period 2015 to 2022. On the basis of application, the aviation industry segment accou...