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The technologies in augmented reality automotive have undergone significant change in recent years, with conventional function and control system to automated control system. The rising wave of new sensor technologies, such as magnetic hall effect sensor, image, and radar are creating the significant potential for automotive augmented reality in various vehicles as it integrates the real-life environment with virtual details that enhance the driving experience.

In this market, various sensor technologies, are used which include radar, lidar, image, and sensor fusion. Increasing adoption rate of advanced technologies by OEMs, rising consumer demand for enhanced in-vehicle safety, faster generation of real-time and reliable data from advanced driver assistance systems, and the growth of connected vehicle are creating opportunities for various augmented reality automotive market  technologies.

Some of the latest technological developments by various countries in the automotive augmented reality market are as follows:
  • Germany: Bosch announced a new lidar sensor specifically designed for augmented reality head-up displays (AR HUDs) in vehicles. This sensor boasts a wider field of view and higher resolution, allowing for more detailed and accurate AR overlays for navigation and driver assistance features. This advancement aligns with Germany's target to be a leader in autonomous vehicle technology, where AR plays a crucial role.
  • South Korea: Hyundai Mobis, a major automotive parts supplier, partnered with Waygate Technologies to develop and integrate real-time image recognition with AR navigation. This collaboration aims to improve pedestrian and cyclist detection by highlighting them on the AR HUD, enhancing safety. This aligns with South Korea's push for advanced driver-assistance systems (ADAS) in new vehicles.
  • United States: The National Highway Traffic Safety Administration (NHTSA) announced a new grant program focused on researching the safety benefits and potential distractions of AR HUDs. This indicates a growing government interest in understanding and regulating AR integration in automobiles, paving the way for wider adoption in the US market.
  • China: Baidu, the Chinese tech giant, unveiled its latest autonomous vehicle prototype featuring a panoramic AR HUD. This system displays real-time traffic information, surrounding obstacles, and potential hazards, showcasing China's focus on innovation in the connected car space, where AR plays a key role.
This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the augmented reality automotive market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.


 
Automotive Augmented Reality Technology Market
 
Automotive Augmented Reality Technology Segments
Automotive Augmented Reality Technology Heat Map

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global automotive augmented reality technology by sensor technology, application, and region as follows:

Technology Readiness by Technology Type

Competitive Intensity and Regulatory Compliance

Disruption Potential by Technology Type

Trends and Forecasts by Sensor Technology [$M shipment analysis from 2018 to 2030]:
  • Radar
  • Lidar
  • Image
  • Sensor fusion
 
Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:
  • AR HUD Navigation
    • Radar
    • Lidar
    • Image
    • Sensor fusion
  • AR HUD ACC (Adaptive Cruise Control)
    • Radar
    • Lidar
    • Image
    • Sensor fusion
  • AR HUD LDW (Lane Departure Warning)
    • Radar
    • Lidar
    • Image
    • Sensor fusion
  • Advanced AR HUD
    • Radar
    • Lidar
    • Image
    • Sensor fusion
Trends and Forecasts by Region [$M shipment analysis for 2018 to 2030]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
  • Asia Pacific
    • Japan
    • China
    • South Korea
    • India
  • The Rest of the World
Latest Developments and Innovations in the Automotive Augmented Reality Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type
 
Some of the augmented reality automotive companies profiled in this report include Continental, Denso, Garmin, Microvision, Nippon Seiki, and Panasonic Automotive.

Below are the latest technological developments from top companies in the automotive augmented reality market:
  • Continental announced a strategic partnership with NVIDIA to develop radar systems for autonomous vehicles. The collaboration aims to integrate NVIDIA's AI computing platform with Continental's radar technology to enhance perception capabilities in self-driving cars.
  • Velodyne LiDAR acquired Mapper.ai, a mapping and localization software company, to bolster its autonomous vehicle technology offerings. This acquisition strengthens Velodyne's position in the radar segment by incorporating Mapper.ai's advanced mapping algorithms into its radar systems.
  • Luminar Technologies announced a partnership with Volvo Cars to integrate its LiDAR sensors into Volvo's upcoming autonomous vehicles. This collaboration signifies a major milestone in the adoption of LiDAR technology in the automotive industry, with Luminar's sensors playing a crucial role in enabling advanced augmented reality features for Volvo's vehicles.
  • Aeva completed its merger with InterPrivate Acquisition Corp., a special purpose acquisition company (SPAC), to become a publicly traded company. This merger provides Aeva with additional capital to further develop its LiDAR technology for automotive applications, positioning the company as a key player in the augmented reality market.
  • Mobileye introduced a new image processing chip for automotive cameras, featuring enhanced deep learning capabilities for object detection and recognition. This innovation reinforces Mobileye's position as a leading provider of image-based augmented reality solutions for the automotive industry.
  • ZF Friedrichshafen AG announced the acquisition of WABCO Holdings Inc., a leading provider of integrated braking systems, to expand its portfolio of sensor fusion technologies for autonomous vehicles. This strategic move strengthens ZF's position in the sensor fusion segment by integrating WABCO's expertise in vehicle safety systems.
This report answers following 9 key questions:
Q.1 What are some of the most promising and high-growth technology opportunities for the automotive augmented reality market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in automotive augmented reality market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the new technology developments in automotive augmented reality market? Which companies are leading these developments? 
Q.6 What are the latest developments in automotive augmented reality technologies? Which companies are leading these developments?
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this automotive augmented reality market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this automotive augmented reality technology space?
Table of Contents

1.Executive Summary

2.Technology Landscape
2.1.Technology Background and Evolution
2.2.Technology and Application Mapping
2.3.Supply Chain

3.Technology Readiness
3.1.Technology Commercialization and Readiness
3.2.Drivers and Challenges in Automotive Augmented Reality Technologies
3.3.Competitive Intensity
3.4.Regulatory Compliance

4.Technology Trends and Forecasts Analysis from 2018-2030
4.1.Automotive Augmented Reality Opportunity
4.2.Technology Trends (2018-2023) and Forecasts (2024-2030)
4.2.1.Radar
4.2.2.Lidar
4.2.3.Image
4.2.4.Sensor fusion
4.3.Technology Trends (2018-2023) and Forecasts (2024-2030) by Application Segments
4.3.1.AR HUD Navigation
4.3.1.1.Radar
4.3.1.2.Lidar
4.3.1.3.Image
4.3.1.4.Sensor fusion
4.3.2.AR HUD ACC (Adaptive Cruise Control)
4.3.2.1.Radar
4.3.2.2.Lidar
4.3.2.3.Image
4.3.2.4.Sensor fusion
4.3.3.AR HUD LDW (Lane Departure Warning)
4.3.3.1.Radar
4.3.3.2.Lidar
4.3.3.3.Image
4.3.3.4.Sensor fusion
4.3.4.Advanced AR HUD LDW
4.3.4.1.Radar
4.3.4.2.Lidar
4.3.4.3.Image
4.3.4.4.Sensor fusion

5.Technology Opportunities (2018-2030) by Region
5.1.Automotive Augmented Reality Market by Region
5.2.North American Automotive Augmented Reality Technology Market
5.2.1.United States Automotive Augmented Reality Technology Market
5.2.2.Canadian Automotive Augmented Reality Technology Market
5.2.3.Mexican Automotive Augmented Reality Technology Market
5.3.European Automotive Augmented Reality Technology Market
5.3.1.The United Kingdom Automotive Augmented Reality Technology Market
5.3.2.German Automotive Augmented Reality Technology Market
5.3.3.French Automotive Augmented Reality Technology Market
5.4.APAC Automotive Augmented Reality Technology Market
5.4.1.Chinese Automotive Augmented Reality Technology Market
5.4.2.Japanese Automotive Augmented Reality Technology Market
5.4.3.Indian Automotive Augmented Reality Technology Market
5.4.4.South Korean Automotive Augmented Reality Technology Market
5.5.ROW Automotive Augmented Reality Technology Market

6.Latest Developments and Innovations in the Automotive Augmented Reality Technologies

7.Companies / Ecosystem
7.1.Product Portfolio Analysis
7.2.Market Share Analysis
7.3.Geographical Reach

8.Strategic Implications
8.1.Implications
8.2.Growth Opportunity Analysis
8.2.1.Growth Opportunities for the Automotive Augmented Reality Market by Sensor Technology
8.2.2.Growth Opportunities for the Automotive Augmented Reality Market by Application
8.2.3.Growth Opportunities for the Automotive Augmented Reality Market by Region
8.3.Emerging Trends in the Automotive Augmented Reality Market
8.4.Disruption Potential
8.5.Strategic Analysis
8.5.1.New Product Development
8.5.2.Capacity Expansion of the Automotive Augmented Reality Market
8.5.3.Mergers, Acquisitions, and Joint Ventures in the Automotive Augmented Reality Market

9.Company Profiles of Leading Players            
9.1.Continental
9.2.Denso
9.3.Garmin
9.4.Microvision
9.5.Nippon Seiki
9.6.Panasonic Automotive
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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