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Frequently Asked Questions:
- Based on segmentation by technology, which is the leading segment in the market?
Based on the technology, the market is expected to see maximum growth in the AR segment during the forecast period.
- What are the major trends in the market?
TFT to DMD evolution will be one of the major trends in the market.
- At what rate is the market projected to grow?
The market is projected to grow at a CAGR of about 32% during the forecast period.
- Who are the top players in the market?
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 the top players in the market.
- What are the key market drivers and challenges?
The market is driven by the emergence of virtual reality showrooms and events. However, the slowdown in the automotive industry might challenge growth.
- How big is the European market?
Europe dominated the market with a 45% share in 2020.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. 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. Although the emergence of virtual reality showrooms and events will offer immense growth opportunities, the slowdown in the automotive industry is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive augmented reality and virtual reality market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Automotive Augmented Reality and Virtual Reality Market 2021-2025: Segmentation
Automotive Augmented Reality and Virtual Reality Market is segmented as below:
- Technology
- Geography
- Europe
- APAC
- North America
- MEA
- South America
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Automotive Augmented Reality and Virtual Reality Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive augmented reality and virtual reality market report covers the following areas:
- Automotive Augmented Reality and Virtual Reality Market Size
- Automotive Augmented Reality and Virtual Reality Market Trends
- Automotive Augmented Reality and Virtual Reality Market Industry Analysis
This study identifies TFT to DMD evolution as one of the prime trends driving the Automotive Augmented Reality and Virtual Reality Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Augmented Reality and Virtual Reality Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist automotive augmented reality and virtual reality market growth during the next five years
- Estimation of the automotive augmented reality and virtual reality market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive augmented reality and virtual reality market across Europe, APAC, North America, MEA, and South America
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive augmented reality and virtual reality market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Technology
- Market segments
- Comparison by Technology
- AR - Market size and forecast 2020-2025
- VR - Market size and forecast 2020-2025
- Market opportunity by Technology
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- MEA - 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
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Report: www.technavio.com/report/automotive-augmented-reality-and-virtual-reality-market-industry-analysis
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