Lucintel's latest market report analyzed that micro LED in the global head-up display provides attractive opportunities in the automotive and aviation markets. The micro LED in the global head-up display market is expected to reach $25.0 billion by 2028 with a CAGR of 56.1%. In this market, augmented reality (AR) based head-up display is the largest segment by type, whereas automotive is largest by application.
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Based on type, the micro LED in the global head-up display market is segmented into conventional head-up display and augmented reality (AR) based head-up display. The augmented reality (AR) based head-up display segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing penetration in lane departure detection, vehicle proximity detection, blind-spot detection, 360 view, pedestrian detection, route navigation, and road sign simulation applications.
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The Micro LED in the Global Head-Up Display Market is marked by the presence of several big and small players. Some of the prominent players offering micro LED in the global head-up display include Sony Group, Oculus VR, Samsung Electronics, X-Celeprint, Nanosys, Aledia, Verlase Technologies, and Jade Bird Display.
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