The automotive industry continues to be a hotbed of innovation, with activity driven by connected and autonomous vehicles, and growing importance of technologies such as artificial intelligence and cloud computing. In the last three years alone, there have been over 1.2 million patents filed and granted in the automotive industry, according to GlobalData’s report on Internet of Things in Automotive: Vehicle head up displays (HUDs). Buy the report here.
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early emergence to accelerating adoption, before finally stabilising and reaching maturity.
Identifying where a particular innovation is on this journey, especially those that are in the emerging and accelerating stages, is essential for understanding their current level of adoption and the likely future trajectory and impact they will have.
290+ innovations will shape the automotive industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the automotive industry using innovation intensity models built on over 619,000 patents, there are 290+ innovation areas that will shape the future of the industry.
Within the emerging innovation stage, acoustic vehicle signalling devices, autonomous parking, and brake pedal sensors are disruptive technologies that are in the early stages of application and should be tracked closely. Vehicle head up displays (HUDs), smart light dimmers, and automatic actuated vehicle doors are some of the accelerating innovation areas, where adoption has been steadily increasing. Among maturing innovation areas are road slope estimation and V2V distance monitoring, which are now well established in the industry.
Innovation S-curve for IoT in the automotive industry
Vehicle head up displays (HUDs) is a key innovation area in IoT
A head-up-display (HUD) provides information such as warning signals, speed, and indicator arrows for navigation directly onto the windshield of the car. It provides drivers with all the vital information in the line of sight without the need to look at the instrument cluster or the secondary display.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 80+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of vehicle head up displays (HUDs).
Key players in vehicle head up displays (HUDs) – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to vehicle head-up displays (HUDs)
Source: GlobalData Patent Analytics
Denso is a key player in vehicle head-up displays (HUDs) innovation area. Denso has developed a thin-film transistor (TFT) liquid-crystal display HUD to project critical driving information onto the windshield for drivers. The human-machine interface (HMI) is the world’s largest automotive HUD with 24in projection. The technology displays basic information such as speed limits and driving speed in addition to the locations of pedestrians through external sensors. It also provides lane guidance assistance that indicates the appropriate lane to follow at junctions and intersections. Panasonic, Nippon Seiki, Fujifilm, Jvckenwood, Porsche Automobil, and Toyota are some of the other key players.
To further understand how IoT is disrupting the automotive industry, access GlobalData’s latest thematic research report on Internet of Things (IoT) in Automotive.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.