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Automotive Digital Cockpit Market Share

ID: MRFR//6286-CR | 100 Pages | Author: Sejal Akre| May 2023

Automotive Digital Cockpit Market Share Analysis

More and more people want fancy digital systems inside their cars, and they also want their smartphones to work seamlessly with their vehicles. This growing desire is expected to lead to an increase in something called a Head-Up Display (HUD) being installed in cars. Some big companies that make HUDs, like Garmin, Denso Corporation, and Continental AG, are spending a lot of money on creating portable HUDs. These are special displays that can be moved around and used in different vehicles. The goal is to make affordable portable HUDs for cars that are not super fancy. For example, in 2018, Garmin came out with portable HUDs that can be used with smartphone navigation apps. Usually, HUDs are only found in very expensive luxury cars. But now, many companies are working on making portable HUDs that can be added to any car after it's been bought, and they want to make them at prices that regular people can afford. This means that even if you don't have a super fancy car, you might be able to add a HUD later on. This development of portable HUDs for cars that are not super expensive is seen as a great opportunity for companies in the global automotive head-up display (HUD) market to grow during the forecast period.

The reason more people want these HUDs is that they make driving safer and more convenient. When a car has a HUD, important information like how fast you're going, directions, and warnings can be displayed right on the windshield. This way, the driver doesn't have to look down at other screens or devices, keeping their eyes on the road. It's like having a special screen that floats in front of you while you're driving, showing everything you need to know. The companies making HUDs are paying attention to what people want. Many people can't afford luxury cars, so these companies are developing portable HUDs that you can buy separately and add to your existing car. This is like upgrading your car to have a cool and useful feature without having to buy a whole new fancy car. In 2018, Garmin, one of these companies, introduced portable HUDs designed to work with smartphone navigation apps. This means that even if you have a regular smartphone, you can use it with this special HUD to make your driving experience better.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 9.50 % (2023-2032)
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