Augmented Reality (AR) in Manufacturing Market, Global Outlook and Forecast 2023-2032
Augmented reality (AR) is a term used to identify a set of technologies that allow the view of the real world environment to be augmented or enhanced by computer-generated elements or objects. The visual perception of elements in the physical environment is enhanced through the use of computing devices. An emerging area of AR applications is the manufacturing industry, which is concerned with the process of transforming raw materials into finished goods with added value. Manufacturing companies need real-time information exchanges at various stages of the product lifecycle such as design, prototyping, production, assembly, maintenance/repair, etc.. This is due to rapid globalization and increase in the complexity of internal processes and supply chains. In this scenario, AR can be of great help because of its capability to simulate, assist, and improve the processes before they are carried out. The customers of manufacturing and industrial enterprises are open to utilizing augmented reality (AR) value-add services to reduce downtime and further streamline their operations.
This report aims to provide a comprehensive presentation of the global market for Augmented Reality (AR) in Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Augmented Reality (AR) in Manufacturing. This report contains market size and forecasts of Augmented Reality (AR) in Manufacturing in global, including the following market information:
Global Augmented Reality (AR) in Manufacturing Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Augmented Reality (AR) in Manufacturing market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Hardware Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Augmented Reality (AR) in Manufacturing include Atheer, EON Reality, Intel(Eonite Perception), Marxent Labs LLC, Kaon Interactive Inc, VividWorks Oy, Augment, Microsoft and Innoppl, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Augmented Reality (AR) in Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Augmented Reality (AR) in Manufacturing Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Augmented Reality (AR) in Manufacturing Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Global Augmented Reality (AR) in Manufacturing Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Augmented Reality (AR) in Manufacturing Market Segment Percentages, by Application, 2022 (%)
Small and Medium Enterprises (SMEs)
Large Enterprises
Global Augmented Reality (AR) in Manufacturing Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Augmented Reality (AR) in Manufacturing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Augmented Reality (AR) in Manufacturing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Augmented Reality (AR) in Manufacturing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Atheer
EON Reality
Intel(Eonite Perception)
Marxent Labs LLC
Kaon Interactive Inc
VividWorks Oy
Augment
Microsoft
Innoppl
Vital Enterprises
Inglobe Technologies
RE'FLEKT
Cratus Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Augmented Reality (AR) in Manufacturing, market overview.
Chapter 2: Global Augmented Reality (AR) in Manufacturing market size in revenue.
Chapter 3: Detailed analysis of Augmented Reality (AR) in Manufacturing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Augmented Reality (AR) in Manufacturing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
