Authored By: Sarah
29 Dec 2021

Automotive Augmented Reality And Virtual Reality Market to Grow by $ 5.10 bn through 2021-2025

 Key Drivers and Market Trends


Emergence of virtual reality showrooms and events and TFT to DMD evolution are among the key factors likely to drive market growth. The Global Automotive augmented reality and virtual reality market is expected to grow by $ 5.10 bn, accelerating at a CAGR of about 32.00% till 2025. This research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market for our clients. The key takeaways from this report will equip our client with clear insights to strategize future growth plans.


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Top Drivers for Automotive Augmented Reality And Virtual Reality Market Size to Grow by $ 5.10 bn During 2021-2025

Automotive Augmented Reality And Virtual Reality Market: Segments and Geographical Regions

  • This report segments the market Technology (AR and VR) and Geography (Europe, APAC, North America, MEA, and South America).  
  • 45% of the market growth will originate from Europe during the forecast period. 
  • This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report

Automotive Augmented Reality And Virtual Reality Market: Vendor Analysis

  • The market is concentrated due to the presence of several players. 
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 
  • Continental AG, DENSO Corp., Garmin Ltd., Hyundai Motor Co., JAGUAR LAND ROVER AUTOMOTIVE PLC, Microsoft Corp., Nippon Seiki Co. Ltd., NVIDIA Corp., Robert Bosch GmbH, and Volkswagen AG are some of the major market participants. 

Market Segmentation by Technology

    • Automotive Augmented Reality And Virtual Reality Market Split by Technology
      • AR
      • VR
    • Automotive Augmented Reality And Virtual Reality Market Split by Geography
      • Europe
      • APAC
      • North America
      • MEA
      • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Continental AG
  • DENSO Corp.
  • Garmin Ltd.
  • Hyundai Motor Co.
  • JAGUAR LAND ROVER AUTOMOTIVE PLC
  • Microsoft Corp.
  • Nippon Seiki Co. Ltd.
  • NVIDIA Corp.
  • Robert Bosch GmbH
  • Volkswagen AG

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of about 32.00%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 5.10 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Emergence of virtual reality showrooms and events will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, APAC, North America, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    45% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Continental AG, DENSO Corp., Garmin Ltd., Hyundai Motor Co., JAGUAR LAND ROVER AUTOMOTIVE PLC, Microsoft Corp., Nippon Seiki Co. Ltd., NVIDIA Corp., Robert Bosch GmbH, and Volkswagen AG

     
  7. What are the market segments covered in this report?
    The market is segmented by Technology (AR and VR) and Geography (Europe, APAC, North America, MEA, and South America)

Automotive Augmented Reality And Virtual Reality Market: Key Drivers and Segmentation

The Global Automotive Augmented Reality And Virtual Reality Market is projected to grow by $ 5.10 bn, accelerating at a CAGR of about 32% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. 


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Automotive Augmented Reality And Virtual Reality Market: What are the factors that will drive market growth:

Technavio has identified  Emergence of virtual reality showrooms and events as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Top Drivers for Automotive Augmented Reality And Virtual Reality Market Size to Grow by $ 5.10 bn During 2021-2025

Automotive Augmented Reality And Virtual Reality Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Technology (AR and VR) and Geography (Europe, APAC, North America, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report

Automotive Augmented Reality And Virtual Reality Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Continental AG, DENSO Corp., Garmin Ltd., Hyundai Motor Co., JAGUAR LAND ROVER AUTOMOTIVE PLC, Microsoft Corp., Nippon Seiki Co. Ltd., NVIDIA Corp., Robert Bosch GmbH, and Volkswagen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of about 32%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 5.10 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Emergence of virtual reality showrooms and events will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    Europe, APAC, North America, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    45% growth will originate from Europe
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Continental AG, DENSO Corp., Garmin Ltd., Hyundai Motor Co., JAGUAR LAND ROVER AUTOMOTIVE PLC, Microsoft Corp., Nippon Seiki Co. Ltd., NVIDIA Corp., Robert Bosch GmbH, and Volkswagen AG
     
  7. What are the market segments covered in this report?
    The market is segmented by Technology (AR and VR) and Geography (Europe, APAC, North America, MEA, and South America)
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