Virtual Reality in Automotive Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, and Content), By Application (Designing & Prototyping, Training, Virtual Showrooms, Research & Development, Others), And Regional Forecast, 2020-2027

[120 Pages Report] The virtual reality in automotive market size was valued at USD 759.3 Million in 2019, and is projected to reach USD 14727.9 Million by 2027 growing at a CAGR of 45.1% during the forecast period. Virtual Reality in Automotive Market Size, Share and COVID-19 Impact Analysis, By Component (Hardware, Software, and Content), By Application (Designing and Prototyping, Training, Virtual Showrooms, Research and Development, Others), And Regional Forecast, 2020-2027

Years considered for this report:

Historical Years2017-2021
Base Year2021
Estimated Year2022
Forecast Period2022-2029

What Information does this report contain?

  • Historical data coverage:2017 to 2021;Growth Projections:2022 to 2029.
  • Expert analysis:industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
  • 6-7 year performance forecasts:major segments covering applications, top products and geographies.
  • Competitive landscape reporting:VR in Automotive Marketleaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Available Customizations

With the given market data, Fortune Business Insights offers customizations as per the company’s specific requirements. The following customization options are available for the report:

Product Analysis

  • Product matrix provides detailed product information and comparison

Geographic Analysis

  • Further breakdown of the North American Intelligent Network market
  • Further breakdown of the European market
  • Further breakdown of the APAC market
  • Further breakdown of the MEA market
  • Further breakdown of the Latin American market

Company Information

  • Detailed analysis and profiling of additional market players

Who are the Major VR in Automotive Market Vendors?

  • Google LLC (California, United States)
  • ZeroLight Limited (England, UK)
  • Robert Bosch GmbH (Gerlingen, Germany)
  • Unity Technologies (California, United States)
  • HTC Corporation (Taoyuan City, Taiwan)
  • Oculus Rift (Facebook Inc.) (California, United States)
  • Microsoft Corporation (Washington, United States)
  • Autodesk Inc. (California, United States)
  • Continental AG (Hanover, Germany)
  • Veative Labs Ltd. (Singapore)
  • Visualise Creative Limited (VCL) (London, UK)
  • Augmented Pixels, Inc. (California, United States)
  • Onboard (Berlin, Germany)
  • NEXT/NOW (Chicago, United States)
  • 4Experience (Bielsko-Biala, Poland)
  • Sensorama, Inc. (Delaware, United States)
  • OmniVirt (California, United States)
  • Audax Labs, LLC (California, United States)

Driving Factor:

Ability to Present Car Designs Virtually to Customers will Boost Growth

The automotive industry is gaining various advantages for the marketing and sales of vehicles with the help of VR technology. It helps in creating an immersive experience to provide better customer experience. Additionally, dealers can present the car designs and features to their customers with the help of VR in automotive. However, VR simulators are incapable of offering flexibility amid training sessions. It includes asking doubts and clearing them. This factor may hinder the virtual reality in automotive market growth in the near future.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the VR in Automotive Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

Frequently Asked Questions?

  • What is the VR in Automotive Market size?
  • What is the CAGR for VR in Automotive Market?
  • What are the segments covered in the VR in Automotive Market report?
  • Who are the key players in the VR in Automotive Market?
  • Which region is more attractive for vendors in the VR in Automotive Market?
  • What are the key markets for higher education?
  • What are the key factors driving the growth of VR in Automotive Market?
  • Which segment has the largest share in the VR in Automotive Market?

Moreover, Introduction

1.1. Moreover, Research Scope

1.2. Moreover, Market Segmentation

1.3. Moreover, Research Methodology

1.4. Moreover, Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Moreover, Market Drivers

3.2. Moreover, Market Restraints

3.3. Moreover, Market Opportunities

4. Moreover, Key Insights

4.1. Key Industry Developments Moreover, Merger, Acquisitions, and Partnerships

4.2. Porter’s Five Forces Moreover, Analysis

4.3. Moreover, SWOT Analysis

4.4. Moreover, Technological Developments

4.5. Moreover, Value Chain Analysis

4.6. Moreover, Impact of COVID-19 on Market

5. Key Findings / Moreover, Summary

5.1 North America Sales, Revenue and Market Share by Country

5.1.1 North America Sales and VR in Automotive Market Share by Country (2022-2029)

5.1.2 North America Revenue and Market Share by Country (2022-2029)

5.2 United States Sales and Growth Rate (2022-2029)

5.3 Canada Sales and Growth Rate (2022-2029)

5.4 Mexico Sales and Growth Rate (2022-2029)

8 South America by Country

8.1 South America Sales, Revenue and VR in Automotive Market Share by Country

8.1.1 South America Sales and Market Share by Country (2022-2029)

8.1.2 South America Revenue and Market Share by Country (2022-2029)

8.2 Brazil Sales and Growth Rate (2022-2029)

8.3 Argentina Sales and Growth Rate (2022-2029)

8.4 Colombia Sales and Growth Rate (2022-2029)

9 Middle East and Africa by Countries

9.1 Moreover, Middle East and Africa Sales, Revenue and Market Share by Country

9.1.1 Middle East and Africa Sales and Market Share by Country (2022-2029)

9.1.2 Moreover, Middle East and Africa Revenue and Market Share by Country (2022-2029)

9.2 Saudi Arabia Sales and Growth Rate (2022-2029)

9.3 Moreover, Turkey Sales and Growth Rate (2022-2029)

9.4 Egypt Sales and Growth Rate (2022-2029)

9.5 Moreover, Nigeria Sales and Growth Rate (2022-2029)

10 VR in Automotive Market in Developing Countries

Continued…

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

Phone:US:+1 424 253 0390,UK: +44 2071 939123,APAC: +91 744 740 1245

Press Release Distributed by The Express Wire

Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]