Automotive Industry Projected to Share about 12% of overall Augmented Reality Market till 2024
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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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
- Image Sensors
By Vehicle Type
- Electric Vehicles
- Autonomous Vehicles
- Conventional Vehicles
- 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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