Growing penetration of the augmented reality in different arena has led to its evolution into the manufacturing sector. Augmented reality technology is expected to be induced in the manufacturing sector in the recent times and used by the industry workers for measuring various changes in the machines, identify unsafe working conditions, and also visualize a finished product or its structure.
In the manufacturing sector, digital characters, images, or other content can be presented, and also text, statistics, information etc. can be overlaid. Augmented Reality has emerged as the technology that can solve various key operational; problems witnessed in the manufacturing sector.
Rapid technological advancements in the field of digital technology, augmented reality, and miniature electronics has proliferated the growth of augmented reality in manufacturing market. Higher costs and complexities involved in integration of augmented reality in manufacturing tools for different industry sectors and different clients hinder the adoptions of augmented reality in manufacturing solutions posing challenge to the growth of augmented reality in manufacturing market.
The growing usage of Artificial Intelligence, Big Data, and IoT in the manufacturing sector coupled with enhanced focus on manufacturing in the emerging economies provides new opportunities to the players operating in the augmented reality in manufacturing market as well as complement the growth of augmented reality in the manufacturing arena.
Top Dominating Key Players:
1. Google, Inc.
2. Boeing
3. Microsoft
4. Samsung Electronics
5. Blippar
6. Magic Leap
7. Bosch GmbH
8. MAXST
9. Smart Reality
10. META
Augmented Reality in Manufacturing Will Revolutionize The Industry
You Can Work Faster
Usually, it can be a hassle for fighter jet engineers to assemble an aircraft because it would take years of training to do so. But with the aid of AR glasses that use depth sensors, cameras, and motion sensors that overlay images into real world during work, engineers are able to see renderings of bolts, cables, part numbers and instructions on how to assemble a specific component.
With this method, the accuracy of engineers can go up to 96% and they are able to work 30% faster.
You Can Access Data Easily
Service engineers and manufacturers can go up to any item that comes with IoT technology and identify any object to help you get any information from a company’s back-end enterprise resource planning system. With that, they will have access to the object’s specs, location, inventory, and lead times.
Your team can use an AR-enabled mobile app to scan QR codes to view live video feed, graphics, images, and use it to repair machines.
You Can Reduce Production Downtime
If your manufacturing firm faces a production downtime due to your machines breaking down, it could cost your organization hundreds of thousands of dollars. But with the help of augmented reality devices, your team can hurriedly identify the flaw and prevent the downtime from ever occurring.
By having AR apps on your mobile devices, your team is able to visually identify the problem on the shop floor and resolve it there and then.
Key questions answered in the report include
The growing usage of Artificial Intelligence, Big Data, and IoT in the manufacturing sector coupled with enhanced focus on manufacturing in the emerging economies provides new opportunities to the players operating in the augmented reality in manufacturing market as well as complement the growth of augmented reality in the manufacturing arena.
Top Dominating Key Players:
1. Google, Inc.
2. Boeing
3. Microsoft
4. Samsung Electronics
5. Blippar
6. Magic Leap
7. Bosch GmbH
8. MAXST
9. Smart Reality
10. META
Augmented Reality in Manufacturing Will Revolutionize The Industry
You Can Work Faster
Usually, it can be a hassle for fighter jet engineers to assemble an aircraft because it would take years of training to do so. But with the aid of AR glasses that use depth sensors, cameras, and motion sensors that overlay images into real world during work, engineers are able to see renderings of bolts, cables, part numbers and instructions on how to assemble a specific component.
With this method, the accuracy of engineers can go up to 96% and they are able to work 30% faster.
You Can Access Data Easily
Service engineers and manufacturers can go up to any item that comes with IoT technology and identify any object to help you get any information from a company’s back-end enterprise resource planning system. With that, they will have access to the object’s specs, location, inventory, and lead times.
Your team can use an AR-enabled mobile app to scan QR codes to view live video feed, graphics, images, and use it to repair machines.
You Can Reduce Production Downtime
If your manufacturing firm faces a production downtime due to your machines breaking down, it could cost your organization hundreds of thousands of dollars. But with the help of augmented reality devices, your team can hurriedly identify the flaw and prevent the downtime from ever occurring.
By having AR apps on your mobile devices, your team is able to visually identify the problem on the shop floor and resolve it there and then.
- What will the market size and the growth rate be in 2027?
- What are the key factors driving the global Augmented Reality in Manufacturing market?
- What are the key market trends impacting the growth of the Augmented Reality in Manufacturing market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global Augmented Reality in Manufacturing Market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the Augmented Reality in Manufacturing Market?
