Automotive AR and VR Market Report - Recent Trends and Growth Opportunities By Major players - Continental AG, DAQRI, HP Development Company, L.P, Hyundai Motor Group, Microsoft Corporation, Robert Bosch GmbH
Augmented Reality (AR) & Virtual Reality (VR) combines reality with digital content. Automotive companies are relying on AR & VR to improve their manufacturing system, maintenance, individualizing the cockpit, effective advertising, and marketing to enhance customer satisfaction level. AR applications are special 3D programs that enable developers to integrate digital context with the real world. VR uses the head-mounted display (HMD) to take the end through an artificial world to provide synthetic experience and virtual feedback. Increase in need of cost-effective, efficient manufacturing programs with real-time data analysis is fueling the automotive AR & VR market.
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Some of the key players influencing the market are Continental AG, DAQRI, HP Development Company, L.P, Hyundai Motor Group, Microsoft Corporation, Robert Bosch GmbH, Unity Technologies, Visteon Corporation, Volkswagen AG, WayRay AG
What the report features:-
• Global analysis of Automotive AR and VR Market from 2017 – 2027 illustrating the progression of the market.
• Forecast and analysis of Automotive AR and VR Market by Dosage, Route of Administration and Application from 2017 – 2027
• Forecast and analysis of Automotive AR and VR Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
An off-the-shelf report on Automotive AR and VR Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.
The "Global Automotive AR & VR Market Analysis to 2027" is a specialized and in-depth study of the automotive AR & VR industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive AR & VR market with detailed market segmentation by type, device type, and geography. The global automotive AR & VR market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive AR & VR market players and offers key trends and opportunities in the market.
Automotive AR and VR Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2019 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
The report analyzes factors affecting automotive AR & VR market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive AR & VR market in these regions.
GLOBAL AUTOMOTIVE AR AND VR MARKET SEGMENTATION
Global Automotive AR and VR Market - By Type
• augmented reality (AR)
• virtual reality (VR)
Global Automotive AR and VR Market - By Device Type
• Handheld Device
• Gesture Tracking
Global Automotive AR and VR Market - By Geography
• North America
o Rest of Europe
• Asia Pacific (APAC)
o Rest of APAC
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
• South America (SAM)
o Rest of SAM
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