According to the recent study the automotive augmented reality market is projected to grow at a CAGR of 18% from 2019 to 2024. Growth in this market is primarily driven by increasing demand for connected vehicles, growing awareness of road safety, and rising investments in the augmented reality market.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive augmented reality market by function (AR HUD based navigation, AR HUD based adaptive cruise control, AR HUD based lane departure warning, and advanced AR HUD), sensor technology (radar, Lidar, CCD/CMOS image sensor, and sensor fusion), display technology (TFT-LCD and other advanced technologies), level of autonomous driving (conventional and semi-autonomous), end use (passenger car [small cars, compact cars, mid-sized cars, luxury cars, suvs & crossovers], light commercial vehicles, and electric vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Sensor fusion market is expected to remain the largest segment during the forecast period.”
Based on sensor technology, the automotive augmented reality market is segmented into radar, Lidar, CCD/CMOS image sensor, and sensor fusion. Lucintel forecasts that the sensor fusion market is expected to remain the largest segment.
“Asia Pacific will dominate the automotive augmented reality market in near future.”
Asia Pacific is expected to be the largest region over the forecast period due to increased awareness of safety, growing urbanization, and increasing aftermarket industry.
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Major players of automotive augmented reality market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Robert Bosch, Denso Corporation, Continental, Panasonic Corporation, Pioneer Corporation Harman International, Garmin, Texas Instruments, Visteon Corporation, and others are among the major automotive augmented reality providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-augmented-reality-market.aspx or [email protected]
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