Global Augmented Reality in Automotive Market Anticipated to Grow at a CAGR of +32.0% (2016-2024)

Posted on 2018-09-29 by Goldstein Research in Automotive // 0 Comments

New York, USA, 2018-Sep-29 — /EPR Network/ —According to Goldstein Research, global augmented reality in the automotive market is expected to expand at a CAGR of +32.0%. The augmented reality in automotive sector accounts for 12.0% share in total augmented reality market which is expected to be valued at USD 90.0 billion by 2025. The continuous growing investments by automotive companies to introduce trendy technology for their vehicles and marketing of their brands is predominantly driving the growth of the market. Further based on geography, augmented reality in automotive market is dominated by North America region with 40.0% revenue share. Whereas, Asia Pacific region is anticipated to grow at fastest CAGR during the forecast period due to the expanding automotive industry in the region.

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Market Segmentation

On the basis of our in-depth analysis, Global Augmented Reality in Automotive Market can be segmented as follows:

By Product Type

Standard AR HUD
AR HUD based Navigation
AR HUD based Adaptive Cruise Control
AR HUD based Lane Departure Warning

By Components

Software
Hardware
Cameras
Sensors
Radars
LIDARs
Image Sensors

By Vehicle Type

Electric Vehicles
Autonomous Vehicles
Conventional Vehicles

By Region

North America Augmented Reality In Automotive Market Analysis, 2016-2024
Global Augmented Reality In Automotive Market Analysis, 2016-2024
Middle East And Africa Augmented Reality In Automotive Market Analysis, 2016-2024
Latin America Augmented Reality In Automotive Market Analysis, 2016-2024
Asia Pacific Augmented Reality In Automotive Market Analysis, 2016-2024
Rest Of The World Augmented Reality In Automotive Market Analysis, 2016-2024

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“Global Augmented Reality in Automotive Market Outlook 2024” includes a comprehensive overview of the global augmented reality in the automotive market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, components, vehicle type, and geography.

The Global Augmented Reality in Automotive Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The comprehensive analysis of augmented reality in the automotive market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global augmented reality in automotive market analyzed in the report are: Volkswagen Group, Daimler Group, Continental AG, WayRay SA, Visteon Corporation, Panasonic Corporation, etc.

Further, Global Augmented Reality in Automotive Market Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The augmented reality in automotive market report also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

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Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.