Automotive Augmented Reality Market is projected to rise at a considerable CAGR during the forecast period from 2021 to 2027. The growing demand for luxury vehicle, increasing demand for comfortable and easy driver experience, and rising disposable incomes along with the advent of newer technologies are the major factors augmenting the growth of the automotive augmented reality market. Automotive Augmented Reality is an interactive experience of an environment that can virtually represent a car in the form of visual, auditory, tactile (ability to grasp something), somatosensory (ability to respond to stimuli such as temperature), and olfactory (sensory) senses. is. smell). HUD’s AR technology works in conjunction with sensors and GPS to identify traffic density, pedestrians, and signage in various locations.
AR projection technology is one of the key factors that have had a positive impact on the automotive augmented reality market. The technology is expected to reduce the risk of accidents and improve vehicle movement in the busy streets of congested large cities worldwide. The prominent players in the global Automotive Augmented Reality industry include Delphi Automotive (Ireland), Panasonic (Japan), Hyundai Motors (South Korea) BMW (Germany), Alphabet (US), Robert Bosch GmbH (Germany), Denso (US), Garmin International (US) & Continental AG (Germany).
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A full report of Global Automotive Augmented Reality Market is available at: https://www.orionmarketreports.com/automotive-augmented-reality-market/59258/
The following Segmentation are covered in this report:
By Function
- Standard AR HUD
- AR HUD based Navigation
- AR HUD based Adaptive Cruise Control
- AR HUD based Lane Departure Warning
By Sensor Technology
- Radar
- LiDar
- CCD/CMOS Image Sensor
- Sensor Fusion
By Display Technology
- TFT-LCD
- Other Advanced Technologies
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Augmented Reality Market.
- The market share of the global Automotive Augmented Reality Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Augmented Reality Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Augmented Reality Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
