Global Augmented Reality Automotive Market to Reach $28.7 Billion by 2030
The global market for Augmented Reality Automotive estimated at US$6.2 Billion in the year 2022, is projected to reach a revised size of US$28.7 Billion by 2030, growing at a CAGR of 21% over the analysis period 2022-2030. Sensor Fusion, one of the segments analyzed in the report, is projected to record 22.7% CAGR and reach US$12.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Radar segment is readjusted to a revised 20.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 19.9% CAGR
The Augmented Reality Automotive market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 19.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.4% and 17.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.Select Competitors (Total 38 Featured) -
- Continental AG
- Denso Corporation
- Garmin Ltd.
- Harman International Industries Inc.
- Microvision, Inc.
- Nippon Seiki Co., Ltd.
- Panasonic Corporation
- Pioneer Corporation
- Robert Bosch GmbH
- Texas Instruments Inc.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Continental AG
- Denso Corporation
- Garmin Ltd.
- Harman International Industries Inc.
- Microvision, Inc.
- Nippon Seiki Co., Ltd.
- Panasonic Corporation
- Pioneer Corporation
- Robert Bosch GmbH
- Texas Instruments Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 91 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.2 Billion |
Forecasted Market Value ( USD | $ 28.7 Billion |
Compound Annual Growth Rate | 21.1% |
Regions Covered | Global |