Automotive Augmented Reality Market Research Report – Global Forecast till 2030

Automotive Augmented Reality Market Research Report: Information by sensor technology (Lidar, Sensor fusion, Radar, CCD), By level of autonomous driving (Conventional, Semi-Autonomous), By Function (AR HUD with Navigation, standard functions, adaptive cruise control) & Region - Global Forecast till 2030

ID: MRFR/AM/5681-HCR | February 2021 | Region: Global | 100 Pages         

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining power of buyers

3.1.3. Threat of substitutes

3.1.4. Segment rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Automotive Augmented Reality Market, By Sensor Technology

5.1. Introduction

5.2. LIDAR

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast by Region, 2020-2027

5.3. Sensor Fusion

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast by Region, 2020-2027

5.4. Radar

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast by Region, 2020-2027

5.5. CCD/VMOS Image Source

5.5.1. Market Estimates & Forecast, 2020-2027

5.5.2. Market Estimates & Forecast by Region, 2020-2027

6. Global Automotive Augmented Reality Market, By Level of Autonomous Driving

6.1. Introduction

6.2. Conventional Driving

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast by Region, 2020-2027

6.3. Semi-Autonomous Driving

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast by Region, 2020-2027

7. Global Automotive Augmented Reality Market, By Functions

7.1. Introduction

7.2. AR HUD with Navigation

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast by Region, 2020-2027

7.3. AR HUD with standard functions

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast by Region, 2020-2027

7.4. AR HUD with adaptive cruise control

7.4.1. Market Estimates & Forecast, 2020-2027

7.4.2. Market Estimates & Forecast by Region, 2020-2027

7.5. AR HUD with Lane Departure Warning

7.5.1. Market Estimates & Forecast, 2020-2027

7.5.2. Market Estimates & Forecast by Region, 2020-2027

7.6. Advanced AR HUD

7.6.1. Market Estimates & Forecast, 2020-2027

7.6.2. Market Estimates & Forecast by Region, 2020-2027

8. Global Automotive Augmented Reality Market, By Region

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.2.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.2.4. Market Estimates & Forecast By Functions, 2020-2027

8.2.5. U.S.

8.2.5.1. Market Estimates & Forecast, 2020-2027

8.2.5.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.2.5.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.2.5.4. Market Estimates & Forecast By Functions, 2020-2027

8.2.6. Canada

8.2.6.1. Market Estimates & Forecast, 2020-2027

8.2.6.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.2.6.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.2.6.4. Market Estimates & Forecast By Functions, 2020-2027

8.3. Europe

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.3.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.3.4. Market Estimates & Forecast By Functions, 2020-2027

8.3.5. U.K.

8.3.5.1. Market Estimates & Forecast, 2020-2027

8.3.5.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.3.5.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.3.5.4. Market Estimates & Forecast By Functions, 2020-2027

8.3.6. Germany

8.3.6.1. Market Estimates & Forecast, 2020-2027

8.3.6.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.3.6.3. Market Estimates & Forecast by Level of Autonomous Driving, 2020-2027

8.3.6.4. Market Estimates & Forecast By Functions, 2020-2027

8.3.7. France

8.3.7.1. Market Estimates & Forecast, 2020-2027

8.3.7.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.3.7.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.3.7.4. Market Estimates & Forecast By Functions, 2020-2027

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast, 2020-2027

8.3.8.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.3.8.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.3.8.4. Market Estimates & Forecast By Functions, 2020-2027

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast, 2020-2027

8.3.9.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.3.9.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.3.9.4. Market Estimates & Forecast By Functions, 2020-2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, 2020-2027

8.4.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.4.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.4.4. Market Estimates & Forecast By Functions, 2020-2027

8.4.5. China

8.4.5.1. Market Estimates & Forecast, 2020-2027

8.4.5.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.4.5.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.4.5.4. Market Estimates & Forecast By Functions, 2020-2027

8.4.6. Japan

8.4.6.1. Market Estimates & Forecast, 2020-2027

8.4.6.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.4.6.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.4.6.4. Market Estimates & Forecast By Functions, 2020-2027

8.4.7. India

8.4.7.1. Market Estimates & Forecast, 2020-2027

8.4.7.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.4.7.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.4.7.4. Market Estimates & Forecast By Functions 2020-2027

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, 2020-2027

8.4.8.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.4.8.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.4.8.4. Market Estimates & Forecast By Functions, 2020-2027

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, 2020-2027

8.5.2. Market Estimates & Forecast by Sensor Technology, 2020-2027

8.5.3. Market Estimates & Forecast By Level of Autonomous Driving, 2020-2027

8.5.4. Market Estimates & Forecast By Functions, 2020-2027

9. Competitive Landscape

10. Company Profile

10.1. DelphiAutomotive(Dublin)

10.1.1. Company Overview

10.1.2. Products/Services Offering

10.1.3. Financial Overview

10.1.4. Key Developments

10.1.5. Strategy

10.1.6. SWOT Analysis

10.2. Panasonic(Japan),

10.2.1. Company Overview

10.2.2. Products/Services Offering

10.2.3. Financial Overview

10.2.4. Key Developments

10.2.5. Strategy

10.3. SWOT Analysis

10.4. HyundaiMotor(south korea)

10.4.1. Company Overview

10.4.2. Products/Services Offering

10.4.3. Financial Overview

10.4.4. Key Developments

10.4.5. Strategy

10.4.6. SWOT Analysis

10.5. BMW(Germany),

10.5.1. Company Overview

10.5.2. Products/Services Offering

10.5.3. Financial Overview

10.5.4. Key Developments

10.5.5. Strategy

10.5.6. SWOT Analysis

10.6. Alphabet (US),

10.6.1. Company Overview

10.6.2. Products/Services Offering

10.6.3. Financial Overview

10.6.4. Key Developments

10.6.5. Strategy

10.6.6. SWOT Analysis

10.7. RobertBosch GmbH (Germany),

10.7.1. Company Overview

10.7.2. Products/Services Offering

10.7.3. Financial Overview

10.7.4. Key Developments

10.7.5. Strategy

10.7.6. SWOT Analysis

10.8. Denso(US) ,

10.8.1. Company Overview

10.8.2. Products/Services Offering

10.8.3. Financial Overview

10.8.4. Key Developments

10.8.5. Strategy

10.8.6. SWOT Analysis

10.9. Garmin International(US)

10.9.1. Company Overview

10.9.2. Products/Services Offering

10.9.3. Financial Overview

10.9.4. Key Developments

10.9.5. Strategy

10.9.6. SWOT Analysis

10.10. ContinentalAG(Germany)

10.10.1. Company Overview

10.10.2. Products/Services Offering

10.10.3. Financial Overview

10.10.4. Key Developments

10.10.5. Strategy

10.10.6. SWOT Analysis

 

List of Tables

Table 1 Global Automotive Augmented Reality Market: By Region, 2020-2027

Table 2 North America: Automotive Augmented Reality Market: By Country, 2020-2027

Table 3 Europe Automotive Augmented Reality Market: By Country, 2020-2027

Table 4 Asia-Pacific Automotive Augmented Reality Market: By Country, 2020-2027

Table 5 RoW Automotive Augmented Reality Market: By Country, 2020-2027

Table 6 Global Automotive Augmented Reality Market, By Sensor Technology, By Regions, 2020-2027

Table 7 North America: Automotive Augmented Reality Market, By Sensor Technology, By Country, 2020-2027

Table 8 Europe Automotive Augmented Reality Market, By Sensor Technology, By Country, 2020-2027

Table 9 Asia-Pacific Automotive Augmented Reality Market by Sensor Technology, By Country, 2020-2027

Table 10 RoW Automotive Augmented Reality Market by Sensor Technology, By Country, 2020-2027

Table 11 Global Automotive Augmented Reality By Level of Autonomous Driving Market: By Regions, 2020-2027

Table 12 North America: Automotive Augmented Reality Market By Level of Autonomous Driving: By Country, 2020-2027

Table 13 Europe Automotive Augmented Reality Market By Level of Autonomous Driving: By Country, 2020-2027

Table 14 Asia-Pacific Automotive Augmented Reality Market By Level of Autonomous Driving: By Country, 2020-2027

Table 15 RoW Automotive Augmented Reality Market By Level of Autonomous Driving: By

Country, 2020-2027

Table 16 Global Automotive Augmented Reality By Functions Market: By Regions, 2020-2027

Table 17 North America: Automotive Augmented Reality Market By Functions: By Country, 2020-

2027

Table 18 Europe Automotive Augmented Reality Market By Functions: By Country, 2020-2027

Table 19 Asia-Pacific Automotive Augmented Reality Market By Functions: By Country, 2020-2027

Table 20 RoW Automotive Augmented Reality Market By Functions: By Country, 2020-2027

Table 21 Global Automotive Augmented Reality by Vehicle Type Market: By Regions, 2020-2027

Table 22 North America: Automotive Augmented Reality Market by Vehicle Type: By Country,

2020-2027

Table 23 Europe Automotive Augmented Reality Market by Vehicle Type: By Country, 2020-2027

Table 24 Asia-Pacific Automotive Augmented Reality Market by Vehicle Type: By Country, 2020-

2027

Table 25 RoW Automotive Augmented Reality Market by Vehicle Type: By Country, 2020-2027

Table 26 Global Automotive Augmented Reality Market: By Region, 2020-2027

Table 27 Global Automotive Augmented Reality Market: By Sensor Technology, 2020-2027

Table 18 Global Automotive Augmented Reality Market: By Level of Autonomous Driving, 2020-

2027

Table 27 Global Automotive Augmented Reality Market: By Functions, 2020-2027

Table 18 Global Automotive Augmented Reality Market: By Vehicle Type, 2020-2027

Table 19 North America: Automotive Augmented Reality Market, By Country

Table 20 North America: Automotive Augmented Reality Market, By Sensor Technology

Table 21 North America: Automotive Augmented Reality Market, By Level of Autonomous Driving

Table 20 North America: Automotive Augmented Reality Market, By Functions

Table 21 North America: Automotive Augmented Reality Market, By Vehicle Type

Table 22 Europe: Automotive Augmented Reality Market, By Country

Table 23 Europe: Automotive Augmented Reality Market, By Sensor Technology

Table 24 Europe: Automotive Augmented Reality Market, By Level of Autonomous Driving

Table 25 Europe: Automotive Augmented Reality Market, By Functions

Table 26 Europe: Automotive Augmented Reality Market, By Vehicle Type

Table 27 Asia-Pacific: Automotive Augmented Reality Market, By Country

Table 28 Asia-Pacific: Automotive Augmented Reality Market, By Sensor Technology

Table 29 Asia-Pacific: Automotive Augmented Reality Market, By Level of Autonomous Driving

Table 30 Asia-Pacific: Automotive Augmented Reality Market, By Functions

Table 31 Asia-Pacific: Automotive Augmented Reality Market, By Vehicle Type

Table 32 RoW: Automotive Augmented Reality Market, By Region

Table 33 RoW Automotive Augmented Reality Market, By Sensor Technology

Table 34 RoW Automotive Augmented Reality Market, By Level of Autonomous Driving

Table 35 RoW Automotive Augmented Reality Market, By Functions

Table 36 RoW Automotive Augmented Reality Market, By Vehicle Type

 

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-down & Bottom-up Approach

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: market drivers

FIGURE 5 impact analysis: market restraints

FIGURE 6 Porter's five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Automotive Augmented Reality Market Share, By Sensor Technology, 2020 (%)

FIGURE 9 Global Automotive Augmented Reality Market, By Sensor Technology, 2020-2027 (USD

MILLION)

FIGURE 10 Global Automotive Augmented Reality Market Share, By Level of Autonomous Driving,

2020 (%)

FIGURE 11 Global Automotive Augmented Reality Market, By Level of Autonomous Driving, 2020-

2027 (USD MILLION)

FIGURE 12 Global Automotive Augmented Reality Market Share, By Functions, 2020 (%)

FIGURE 13 Global Automotive Augmented Reality Market, By Functions, 2020-2027 (USD MILLION)

FIGURE 14 Global Automotive Augmented Reality Market Share, By Vehicle Type, 2020 (%)

FIGURE 15 Global Automotive Augmented Reality Market, By Vehicle Type, 2020-2027 (USD

MILLION

FIGURE 16 Global Automotive Augmented Reality Market Share (%), BY REGION, 2020

FIGURE 17 Global Automotive Augmented Reality Market, BY REGION, 2020-2027 (USD MILLION)

FIGURE 18 North America: Automotive Augmented Reality Market SHARE (%), 2020

FIGURE 19 North America: Automotive Augmented Reality Market BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Europe Automotive Augmented Reality Market SHARE (%), 2020

FIGURE 21 Europe Automotive Augmented Reality Market BY Country, 2020-2027 (USD MILLION)

FIGURE 22 Asia-Pacific Automotive Augmented Reality Market SHARE (%), 2020

FIGURE 23 Asia-Pacific Automotive Augmented Reality Market BY Country, 2020-2027 (USD MILLION)

FIGURE 24 Rest of the World Automotive Augmented Reality Market SHARE (%), 2020

FIGURE 25 Rest of the World Automotive Augmented Reality Market BY Country, 2020-2027 (USD

MILLION)


Automotive Augmented Reality Market

The Global Automotive Augmented Reality Market Size is expected to cross USD 25.30 billion by 2030 at a CAGR of 40.7% during the forecast period ending in 2030

Segmentation

By sensor technology Lidar Sensor Fusion Radar Ccd
By level of autonomous driving Conventional Semi Autonomous
By Function Ar Hud With Navigation Standard Functions Adaptive Cruise Control

Key Players

  • Delphi Automotive (Ireland)
  • Panasonic (Japan)
  • Hyundai Motors (South Korea) BMW (Germany)
  • Alphabet (US)
  • Robert Bosch GmbH (Germany)
  • Denso (US)
  • Garmin International (US) & Continental AG (Germany)

Drivers

  • Increased awareness regarding safety
  • growing urbanization
  • and increasing aftermarket industry
  • Increased production and sale of automobiles
Speak to Analyst Request a Free Sample

Automotive Augmented Reality Market Overview


The Automotive Augmented Reality Market Size is expected to reach USD 673,602.2 Million by the end of the Automotive Augmented Reality Market Analysis, registering a CAGR of 175.7%. The Automotive Augmented Reality Market Share was valued at USD 213 Million during the historic forecast period. Automotive augmented reality is an interactive environment in which an automobile can be provided virtually in the form of images, audio, haptic (the ability to touch something), somatosensory (the capacity to respond to stimuli such as temperature), and olfactory (the ability to smell something) (sense of smell). The worldwide automotive augmented reality market is predicted to rise at a significant CAGR. Before purchasing a vehicle, customers analyze its outward appearance and take it for a test drive. This technology allows customers to evaluate the vehicle's form, characteristics, and other factors without having to physically be present. As a result, OEMs and manufacturers are outfitting showrooms with virtual reality and augmented reality capabilities so that buyers can examine their vehicles according to their preferences. The vision presented to the customer is a mix of real and computer-generated augmented reality.


A digital layer is layered on the physical world in augmented reality. Developers create augmented reality apps using specific 3D tools that allow them to integrate contextual or digital content with the actual environment. Furthermore, it incorporates real-world facts with virtual data to enhance the experience and increase the Automotive Augmented Reality Market Size, Automotive Augmented Reality Market Share, and Automotive Augmented Reality Market Growth. This is usually accomplished by using smart eyewear and headphones, as well as a smartphone or tablet screen to view real-life environments. In the car industry, augmented reality is mostly employed for applications that display pedestrian, navigation, and smart signaling features on a windshield.


COVID 19 Analysis


The COVD-19 outbreak has had an impact on the industry's supply chain, but it has also boosted demand for Automotive Augmented Reality. COVID-19's epidemic had a tremendous impact on trade and business. Manufacturers are rethinking their product offerings and manufacturing new items to recover from the current predicament. The duration of the pandemic's propagation is still a significant issue when assessing the pandemic's overall impact. Physical lockdowns across key regions may also have a favorable impact on the Automotive Augmented Reality Market demand during the COVID-19 crisis and during the Automotive Augmented Reality Market Analysis. During the crisis, businesses throughout the world are trying to figure out how to get their internal and wider geographically dispersed teams to communicate, collaborate, and find a way ahead. This crisis has the potential to accelerate current trends in the Automotive Augmented Reality Market.


Market Dynamics



  • Drivers


Automotive Augmented Reality Market has previously acquired widespread appeal and adoption in a variety of end-user industries, including digital manufacturing, media and entertainment, education, healthcare, defense and security, and civil aviation. In the automotive industry, end-user companies are increasingly using augmented and virtual reality-based solutions for design, assembly, and repair and maintenance. Additionally, this technology aids designers in picturing a vehicle's body structure to increase efficiency, safety, and durability. Furthermore, tracking human mobility on the assembly line improves safety and reduces the danger of accidents. In addition, augmented reality aids the overall design process for manufacturers. Automotive Augmented Reality technology lets designers visualize a vehicle's body structure to improve efficiency, safety, and durability. Many major players in the automotive business are incorporating Automotive Augmented Reality technology into their vehicles. Continentals, for example, have begun producing an AR-HUD unit with sensors, cameras, and GPS that supports all high-end capabilities based on Automotive Augmented Reality Market. As a result of the increased demand for AR in the automobile industry, the Automotive Augmented Reality Market Growth is increasing.



  • Restraints


Virtual reality users have reported experiencing eye strain, headaches, and nausea in rare situations. It's partly related to the way AR affects the eye-brain relationship, according to several experts in Automotive Augmented Reality Market. Furthermore, after using AR headsets for an extended amount of time, some users have reported motion sickness, anxiety, and severe eyestrain. The users are cut off from the real world by AR technology. This causes retinal radiation, which has been linked to the development of eye cancer. If not addressed effectively, such severe cases of AR units function as a deterrent, lowering the adoption rate of virtual reality and augmented reality technologies. As a result, health concerns are limiting the market for automobile augmented reality and virtual reality.



  • Technology Analysis


One of the primary reasons that have had a favorable impact on the automobile augmented reality market is AR projection technology. This technology is projected to reduce the likelihood of accidents while also improving traffic mobility on congested city streets around the world. The growing use of the Internet of Things (IoT) in the automotive industry allows for speedier communication and more intuitive visualization and interaction. In addition, numerous businesses are working on smart AR glasses with Qualcomm, which include a multimode connection (4G, 5G), eye-tracking cameras, and optics and projection technology in a semitransparent display. The demand for 5G networks in automotive is increasing since it allows for high-speed data transfer with lower latency and enhances traffic capacity and network efficiency. Furthermore, these 4G and 5G networks are projected to allow AR devices to offload computational work, as well as improve the realism of AR experiences. As a result of such application-based technology breakthroughs in the automobile industry, the market for Automotive Augmented Reality Market is expected to rise.


Segment Overview


The Automotive Augmented Reality Market is further bifurcated into various segments depending on various factors to help the market grow as per the predicted CAGR growth by the end of the Automotive Augmented Reality Market Forecast period. The market has been segmented based on the following:


Based on the Sensor technology, the market has been segmented as follows:



  • Lidar

  • Sensor Fusion

  • VMOS image source

  • Radar


Based on Autonomous Driving, the market has been segmented as follows:



  • Conventional Driving

  • Semi-Autonomous Driving


Based on the functions, the market has been segmented as follows:



  • AR HUD With Navigation

  • AR HUD With Standard Functions

  • AR HUD With Lane Departure Warning

  • Advanced AR HUD


Based on the Region, the market has been segmented as follows:



  • North America

  • Europe

  • Asia-Pacific

  • The Rest of the World


Regional Classification


Increased awareness about safety, growing urbanization, and an expanding aftermarket business are expected to boost the market size for automotive augmented reality in Asia-Pacific throughout the forecast period. Furthermore, rising automobile production and sales will fuel the growth of the automotive augmented reality market in Asia-Pacific. Due to the existence of a large number of suppliers that are also making considerable investments in market innovation, as well as the United States' supremacy in the global software market, the North American AR market is predicted to develop significantly throughout the projection period. The United States is likely to be one of the most innovative AR markets in the world. The majority of the companies leading the way in this field are situated in the United States. A robust AR market has emerged in the region as a result of the region's high technological exposure and widespread availability of smart devices. Hololens, Microsoft's augmented reality product, was first released in the United States and Canada, where it was well accepted by consumers.


Competitive Landscape


The Automotive Augmented Reality Market is becoming more competitive. By gaining new contracts and entering new markets, many corporations are expanding their market presence. The major Automotive Augmented Reality Market Key Players are as follows:



  • Delphi Automotive (Ireland)

  • Panasonic (Japan)

  • Hyundai Motors (South Korea)

  • BMW (Germany)

  • Alphabet (US)

  • Robert Bosch GmbH (Germany)

  • Denso (US)

  • Garmin International (US)

  • Continental AG (Germany)


Recent Developments


The integration of Microsoft Teams for RealWear's voice-controlled Android HMT-1 headsets has been announced as a product improvement. The industrial worker can use both hands to complete complex processes while remotely interacting with peers on topic matters via voice thanks to its integration on headsets.


Moverio Assist, a new software product from Seiko Epson Corporation, uses the company's current smart glasses to give a quick and easy way to deploy remote help for teams in the enterprise arena, small startups, and normal customers.


Report Overview


This research gives an analytical portrayal of the Automotive Augmented Reality Market, as well as current trends and future projections, to depict the most promising investment opportunities. The whole Automotive Augmented Reality Market potential is estimated to obtain a better foothold by understanding profitable trends. With a full impact analysis, the study includes information on the market's major drivers, restraints, and opportunities. To assess financial competency, the current market is objectively assessed. The analysis demonstrates the industry's buyers' and suppliers' power.



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   Substantial CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019Β &Β 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Sensor technology, Level of autonomous driving, Function
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Delphi Automotive (Ireland), Panasonic (Japan), Hyundai Motors (South Korea) BMW (Germany), Alphabet (US), Robert Bosch GmbH (Germany), Denso (US), Garmin International (US) & Continental AG (Germany)
  Key Market Opportunities   Increased production and sale of automobiles
  Key Market Drivers   Increased awareness regarding safety, growing urbanization, and increasing aftermarket industry


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

The market can expand at a considerable rate in the coming years.

The market value can increase remarkably over the next few years, backed by the thriving automotive industry across the globe.

The significant vendors in the global market are BMW (Germany), Robert Bosch GmbH (Germany), Delphi Automotive (Ireland), Denso (US), Hyundai Motors (South Korea), Panasonic (Japan), Alphabet (US), Continental AG (Germany), Garmin International (US) and others.

The function-wise segments in the market are AR HUD With Lane Departure Warning & Advanced AR HUD, AR HUD With Navigation, AR HUD With Standard Functions, and others.

APAC is projected to account for the largest share in the market.