Global and United States Automotive AR and VR Market Report & Forecast 2022-2028

Augmented reality is a digital layer superimposed on the physical world. Augmented reality applications are developed on special 3D programs that enable developers to integrate contextual or digital content with the real world. Moreover, it integrates the real-life environment with virtual details that enhance the experience. This is typically achieved by looking at real-life environments through a smart goggles and headsets, smartphone or tablet screen. Augmented reality in automotive is majorly used for the application that displays the features of pedestrian, navigations, and smart signaling on a windshield.
Market Analysis and Insights: Global and United States Automotive AR and VR Market
This report focuses on global and United States Automotive AR and VR market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Automotive AR and VR market size is estimated to be worth US$ 840 million in 2022 and is forecast to a readjusted size of US$ 7489.2 million by 2028 with a CAGR of 44.0% during the review period. Fully considering the economic change by this health crisis, by Type, Augmented Reality (AR) accounting for % of the Automotive AR and VR global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Research & Development was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Automotive AR and VR market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Automotive AR and VR Scope and Market Size
Automotive AR and VR market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Automotive AR and VR market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Automotive AR and VR market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Augmented Reality (AR)
Virtual Reality (VR)
Segment by Application
Research & Development
Manufacturing & Supply
Marketing & Sales
Aftersales
Support Functions
Product
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Continental AG
DAQRI
HTC Corporation
Hyundai Motor Group
Microsoft Corporation
Robert Bosch GmbH
Unity Technologies ApS
Visteon Corporation
Volkswagen AG
WayRay AG