AR VR in Manufacturing Market Outlook 2026: Top Companies, Trends and Growth Factors Details for Business Development
Snapshot of Global AR VR in Manufacturing Ecosystem:
The development of advanced technologies like AR VR is revolutionizing the way the manufacturing industry works. There is a rising focus on digital transformation across the manufacturing sector. AR VR in manufacturing will be one of the key enablers for this digital transformation. Enhanced AR VR solutions will help make maintenance activities on the shop floor more efficient. Ford motors has adopted its own virtual reality technology. Virtual reality application in Ford motors captures human movements during equipment assembly, in order to ensure the safety and productivity of employees. The deployment of AR VR in manufacturing has reduced employee injuries by 70%. It also helps in increasing productivity.
The growth of this AR VR in Manufacturing Market is primarily driven by increasing disposable incomes, growing technological innovation in Logistics, Healthcare, Automotive, Retail, BFSI industry.
AR VR in manufacturing provides step-by-step information for training the employees in assembling the aircraft wing section. The deployment of AR VR in this process has has reduced the assembling time by 35% in comparison to the traditional methods where the trainees rely on huge documentations. In 2017. This virtual smart glass connects the technician with experts, which helps the experts in monitoring the maintenance process virtually, thereby assisting the technicians on floor. Lockheed Martin, Bell Helicopter, and TAE Aerospace are a few aerospace companies that have adopted AR VR in manufacturing applications.
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Impact of COVID-19:
AR VR in Manufacturing Market report analyses the impact of Coronavirus (COVID-19) on the AR VR in Manufacturing industry.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the AR VR in Manufacturing market in 2020.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.
COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.
Get Sample PDF of COVID-19 ToC to understand the impact and be smart in redefining business strategies.
Global AR VR in Manufacturing Market Segmentation:
Following Top Key players are profiled in this Market Study:
Apple Inc, Google LLC, Qualcomm Inc, Samsung Electronics Co. Ltd, Microsoft Corporation
End User: Logistics, Healthcare, Automotive, Retail, BFSI, Defence, Aerospace, Others
Global AR VR in Manufacturing Ecosystem
One of the biggest advantages of deploying AR VR in manufacturing is the efficiency in extracting accurate details from the digital overlay. This extra layer of digitization brings a sense of clarity to the employees working on a factory, thus improving workers’ productivity. Further, AR VR applications will make equipment maintenance in the manufacturing unit more efficient. Due to its immersive detailing, it is used in training of professionals, which helps reduce the operational cost involved in training the newly joined professionals.
BAE systems builds propulsion systems for hybrid buses using electric battery. The company uses Microsoft’s Hololens that reduces workers’ cycle time by 50% and training time up to 40%. Hence, most of the applications of AR VR in manufacturing ecosystem focus on bringing more efficiency and cost reduction in the long run. Currently, few companies that have deployed AR VR in manufacturing processes have witnessed the true potential of this technology. The deployment of AR VR in manufacturing is expected to rise in future.
Table of Content:
Ecosystem Report – Table of Content
1.Global AR VR in Manufacturing Market Ecosystem Definition
2.Scope of study
1.Global Market Segmentation
AR VR in Manufacturing Market Ecosystem Positioning
1.Global AR VR in Manufacturing Market Ecosystem Snapshot
2.Global AR VR in Manufacturing Market Ecosystem Segmentation
AR VR in Manufacturing Market Ecosystem Sizing, Volume, and ASP Analysis & Forecast
1.Global AR VR in Manufacturing Market Ecosystem Sizing & Volume
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Contact Person: Rohit B.
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