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Business Impacts of COVID-19 on AR and VR in Aviation Market | Strategies of Major Industry Competitors
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Moreover, the use of the AR and VR technologies reduces the cost of the whole training process and thus results in cost-effective training processes. AR and VR are widely used for the training of pilots and cabin crew, in both civil and military aircrafts. In the aviation industry, several types of flight simulation techniques are used for the training of the flight personnel.
The AR and VR technologies allow the training of multiple trainees which significantly reduces the cost of training and the time taken to complete it. Due to the above-mentioned factors, the global augmented reality (AR) and virtual reality (VR) in aviation market is expected to record huge growth during the forecast period (2020-2030).
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Aviation-based AR and VR technologies consist of two components-software and hardware. Of these, the hardware components are expected to register higher utilization during the forecast period, due to the rising usage of displays, sensors, and other hardware components in numerous applications such as design simulation of components in aircraft maintenance, repair, and overhaul (MRO) and head-mounted displays and head-up displays.
This market research report provides a comprehensive overview of the AR and VR in aviation market
* Historical and the present size of the AR and VR in aviation market
* Future potential of the market through its forecast for the period 2020- 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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