Augmented Reality in Automotive: Strategic Intelligence
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AR is transforming the automotive sector by offering better access to and visualization of crucial vehicle data. It has applications across the industry, from automotive designers to manufacturing personnel and end-users.
AR unlocks automotive data
Augmented reality (AR) is a technology that allows users to see the real world overlaid with digital data. According to GlobalData forecasts, the global AR market will exceed $87 billion by 2030, up from nearly $30 billion in 2024 at a compound annual growth rate (CAGR) of 20%. AR is transforming the automotive sector by offering better access to and visualization of crucial vehicle data.
AR is accelerating automotive design
Automotive design is time-consuming, expensive, and still reliant on costly clay prototypes and specialized facilities. AR helps teams move faster by overlaying virtual 3D designs onto a physical chassis or clay mockup, so they can quickly review proportions, structure, and design changes. In addition, AR-powered digital twins allow designers to demonstrate concepts and simulate real-world performance.
Automakers should invest in AR heads-up displays
AR heads-up displays (HUDs) can enhance vehicle safety and brand prestige. By projecting navigation and hazard alerts directly into the driver’s line of sight, these systems can reduce distractions and enhance the driving experience. Automakers should focus on integrating their AR HUDs with advanced driver assistance systems (ADAS) and on partnering with semiconductor and AI technology vendors like Qualcomm and Nvidia.
Scope
This report provides an overview of AR and how it will impact the automotive industry.
The report predicts how AR in automotive will evolve, including the key challenges it will solve.
It includes selected case studies highlighting who is innovating in automotive using AR technologies.
The report also includes a comprehensive data analysis, including market size and growth forecasts for the AR market.
Key Highlights
The report covers how AR overcomes key challenges in the automotive industry. These include automotive design, training and knowledge transfer, vehicle safety, customer engagement
Reasons to Buy
GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors.
This report is essential for senior executives at automotive companies to understand the critical benefits from integrating AR technology into their operations. Automotive companies who fail to implement AR solutions will fall behind.
In addition, the report identifies the leading AR adopters in automotive, as well as specialist tech vendors in this space.
Alphabet
Alibaba
Aptiv
Audi
Autodesk
Basemark
BMW
Blippar
BYD
Changan Automobile
Continental
Daimler
Dassault Systèmes
Denso
DigiLens
Envisics
Epic Games
Ford
Fuzzy Logic Studio
Geely
General Motors
Honda
Hyundai
Infineon
Intel
Jaguar Land Rover
Magic Leap
Mazda
McKinsey
Mercedes-Benz
Mitsubishi
Nio
Nissan
Nvidia
Panasonic
Porsche
PTC
Qualcomm
Renault
SAIC Motor
Stellantis
TeamViewer
Toyota
Unity
Unreal Engine
Valeo
Varjo
Visteon
Volkswagen
Vuzix
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