Goldstein Market
Date of publication: 23 August 2019
Automotive Industry Projected to Share about 12% of overall Augmented Reality Market till 2024
Standard AR HUD units are expected to dominate the augmented reality in automotive market across the globe.

According to Goldstein Research, global augmented reality in automotive industry 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 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.technological, environmental & legal factors of each region in the market.

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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
  • Middle East And Africa
  • Latin America
  • Asia Pacific
  • Rest Of The World

Augmented Reality Automotive Market report by Goldstein Research includes a comprehensive overview of the global augmented reality in the automotive market. The 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,

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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts are working on Automotive Industry Analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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