Future of Global Augmented Reality and Virtual Reality in Aviation Market: Key Dynamics, Size & Share Analysis
The Augmented Reality and Virtual Reality in Aviation Market is projected to grow at a CAGR of around 60.50% during the forecast period, i.e., 2022-27. The growth of the market is driven by the surging air traffic worldwide, i.e., propelling airlines to expand their aircraft fleet, coupled with the mounting need to bring operational efficiency, cost-effectiveness, zero or minimal human errors, & enhance the passenger experience across the aviation industry.
Understanding the Core Segments in the Global Augmented Reality and Virtual Reality in Aviation Market
By Product (Head-Mounted Displays, Head-Up Displays, Handheld Devices, Gesture-Tracking Devices), By Application (On Board [In-Flight Entertainment, Flight Deck Systems], Off-Board), By Technology (Augmented Reality [Maker Based, Non-Marker-Based], Virtual Reality [Immersive, Non-Immersive]), By Component (Hardware [Sensors, Processors & Controllers, Displays, Cameras, Others], Software [AR Remote Collaboration, 3D Modeling, Workflow Optimization, Others]), By Function (Pilots Training, Crew & Ground Support Staff Training, Engineers Training, Airlines Operation, Airport Operation, Others), By Vertical (Civil, Military) and Others
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Geographical Analysis of the Global Augmented Reality and Virtual Reality in Aviation Market
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Who Dominates the Autonomous Global Augmented Reality and Virtual Reality in Aviation Market Insights on Key Industry Players?
Companies are strengthening their presence in the Augmented Reality and Virtual Reality in Aviation market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Microsoft Corporation
- Google Inc.
- Eon Reality
- Aero Glass
- Atheer Inc.
- SITA
- HTC Corporation
- Bohemia Interactive Simulations
- Reality Labs (Meta)
- Skylights Aero
- Magic Leap Inc.
- PTC Inc.
- Elbit Systems Ltd.
- Honeywell International Inc.
- Sony Corporation
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