Head-up Display Market Size

Head-up Display Market size was over USD 4.6 billion in 2024 and is projected to cross USD 78.25 billion by the end of 2037, growing at more than 24.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of head-up display is estimated at USD 5.49 billion.  The growth of the market can be attributed to the radically growing number of vehicles on road worldwide as well as increasing concern about on-road passenger and vehicle safety owing to the rising number of road crashes. According to the World Health Organization data, approximately 1.3 million people lose their lives every year as a result of a road traffic crash.

In addition to these, factors that are believed to fuel the growth of head-up display market include the rise in strategic partnerships and collaboration between major key players, as well as soaring investments to develop good quality products with the spike in demand for augmented reality-based HUDs. For instance, in July 2021, Corning Incorporated announced a new product category Corning Curved Mirror Solutions, which is now a key component in a new augmented reality (AR) head-up display system by Hyundai Mobis. The Hyundai Motor Company debuted this technology in the 2021 IONIQ 5 electric crossover utility vehicle. Additionally, the growing demand for more immersive and connected driving experiences is predicted to present the potential for market expansion over the projected period.