What's driving the Virtual Reality in Automotive Market Growth? Continental AG, Facebook Technologies, LLC., Google, ZeroLight Limited, DAQRI, HTC Corporation, Bosch Limited, Unity Technologies, Visteon Corporation, WayRay AG, Axiscades, Sony, Microsoft,

The Global Virtual Reality in the automotive market will derive growth from recent advancements in virtual reality devices in several countries across the world. According to a report published by Fortune Business Insights, titled “Virtual Reality in Automotive Market Size, Share & Industry Analysis, By Component (Hardware, Software, Content), By Application (Designing and Prototyping, Training, Virtual Reality Showrooms, and Research and Development), and Regional Forecast, 2019-2026,”

The Global Virtual Reality in the Automotive Market size was USD 436.2 million in 2018 is projected to reach USD 6,781.1 million by 2026, exhibiting a CAGR of 38.6% during the forecast period.

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The growing trends of automation has resulted from the benefits offered by the concept. Resulting from the increased applications of virtual reality, there has been a subsequent rise in the total investment in the research and development of newer products. Virtual reality has played a massive role in the automotive industry and allowed flexible applications. Advances in 3-D technology, coupled with the growing incorporation of virtual reality and augmented reality have opened up a huge potential for the companies operating in the virtual reality in the automotive market in recent years.

The report provides an in-depth analysis of the market. It highlights several aspects of the market and focuses on factors such as leading products and renowned companies. The report discusses the strategies adopted by major companies in the market and summarizes how these strategies have helped shaped their company. The competitive landscape has been discussed in detail. The report identifies companies that are currently leading in the market and predicts companies that are likely to emerge dominant in the years. Based on extensive research methods, the report evaluates forecast values for the market for the period of 2019-2026. Additionally, the report encompasses several factors that have contributed to market growth and labels a few factors that have restrained growth.

Europe is Projected to Emerge Dominant; Recent Technological Advances to Aid Growth

The report segments the market on the basis of regional demographics into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. The market in Europe is likely to witness high growth in the coming years. Increasing use of technologically advanced devices and the growing demand for automated concepts will create several growth opportunities. The virtual reality in automotive market in North America will also witness high growth, owing to the increased investment in the development of embedded and sensor-based concepts. The AI-driven trends will open up a huge potential for the growth of the market in North America.

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Some of the leading companies that are operating in the market are:

Continental AG
Facebook Technologies, LLC.
Google
ZeroLight Limited
DAQRI
HTC Corporation
Bosch Limited
Unity Technologies
Visteon Corporation
WayRay AG
Axiscades
Sony
Microsoft
Linden Research, Inc.

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Table of Content -

5.Global Virtual Reality in Automotive Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Size Estimates and Forecasts
5.2.1.By Component (Value)
5.2.1.1.Hardware
5.2.1.2.Software
5.2.1.3.Content
5.2.2.By Application (Value)
5.2.2.1.Designing and Prototyping
5.2.2.2.Training
5.2.2.3.Virtual Reality showrooms
5.2.2.4.Research and Development
5.2.3.By Geography (Value)
5.2.3.1.North America
5.2.3.2.Europe
5.2.3.3.Asia Pacific
5.2.3.4.Middle East and Africa
5.2.3.5.Latin America
6.North America Virtual Reality in Automotive Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Size Estimates and Forecasts
6.2.1.By Component (Value)
6.2.1.1.Hardware
6.2.1.2.Software
6.2.1.3.Content
6.2.2.By Application (Value)
6.2.2.1.Designing and Prototyping
6.2.2.2.Training
6.2.2.3.Virtual Reality showrooms
6.2.2.4.Research and Development
6.2.3.By Country (Value)
6.2.3.1.United States
6.2.3.2.Canada
7.Europe Virtual Reality in Automotive Market Analysis, Insights and Forecast, 2015-2026
7.1.Key Findings / Summary
7.2.Market Size Estimates and Forecasts
7.2.1.By Component (Value)
7.2.1.1.Hardware
7.2.1.2.Software
7.2.1.3.Content
7.2.2.By Application (Value)
7.2.2.1.Designing and Prototyping
7.2.2.2.Training
7.2.2.3.Virtual Reality showrooms
7.2.2.4.Research and Development
7.2.3.By Country (Value)
7.2.3.1.UK
7.2.3.2.Germany
7.2.3.3.France
7.2.3.4.Italy
7.2.3.5.Spain
7.2.3.6.Rest of Europe
8.Asia Pacific Virtual Reality in Automotive Market Analysis, Insights and Forecast, 2015-2026
8.1.Key Findings / Summary
8.2.Market Size Estimates and Forecasts
8.2.1.By Component (Value)
8.2.1.1.Hardware
8.2.1.2.Software
8.2.1.3.Content
8.2.2.By Application (Value)
8.2.2.1.Designing and Prototyping
8.2.2.2.Training
8.2.2.3.Virtual Reality showrooms
8.2.2.4.Research and Development
8.2.3.By Country (Value)
8.2.3.1.China
8.2.3.2.Japan
8.2.3.3.India
8.2.3.4.South East Asia
8.2.3.5.Rest of APAC
9.Middle East and Africa Virtual Reality in Automotive Market Analysis, Insights and Forecast, 2015-2026
9.1.Key Findings / Summary
9.2.Market Size Estimates and Forecasts
9.2.1.By Component (Value)
9.2.1.1.Hardware
9.2.1.2.Software
9.2.1.3.Content
9.2.2.By Application (Value)
9.2.2.1.Designing and Prototyping
9.2.2.2.Training
9.2.2.3.Virtual Reality showrooms
9.2.2.4.Research and Development
9.2.3.By Country (Value)
9.2.3.1.GCC
9.2.3.2.South Africa
9.2.3.3.Rest of Middle East & Africa
10.Latin America Virtual Reality in Automotive Market Analysis, Insights and Forecast, 2015-2026
10.1.Key Findings / Summary
10.2.Market Size Estimates and Forecasts
10.2.1.By Component (Value)
10.2.1.1.Hardware
10.2.1.2.Software
10.2.1.3.Content
10.2.2.By Application (Value)
10.2.2.1.Designing and Prototyping
10.2.2.2.Training
10.2.2.3.Virtual Reality showrooms
10.2.2.4.Research and Development
10.2.3.By Country (Value)
10.2.3.1.Brazil
10.2.3.2.Argentina
10.2.3.3.Mexico
10.2.3.4.Rest of LATAM

TOC Continued...!!!

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