According to a new report published by Allied Market Research, titled, “Aviation Augmented & Virtual Reality Market,” The aviation augmented & virtual reality market was valued at $0.91 billion in 2021, and is estimated to reach $23.6 billion by 2031, growing at a CAGR of 39.2% from 2022 to 2031.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ – https://www.alliedmarketresearch.com/request-sample/9417
There are prominent key factors that drive the growth of the aviation augmented and virtual reality market, such as increased demand for higher efficiency and cost saving in aviation, and reduced chances of human error owing to use of AR and VR technology. The market economy is also responsible for the growth of the AR and VR in aviation market. Emerging countries in the region, such as India and China, are experiencing significant increases in the civil aviation market due to increase in demand for air travel. Thus, the aviation sector is witnessing prominent growth in these countries, which is expected to provide lucrative opportunities for the growth of the aviation augmented and virtual reality market.
The aviation augmented and virtual reality market is segmented on the basis of technology, type, component, end use, function, and region. By technology, the market is further segmented into marker based, non marker based, immersive, and non immersive. By type, the market is classified into augmented reality, and virtual reality. By component, it is divided into hardware, software and solutions. By end use, it is segmented into civil, and military. By function, it is divided into training, and operation. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ – https://www.alliedmarketresearch.com/aviation-augmented-and-virtual-reality-market/purchase-options
๐๐ข๐ฌ๐ญ ๐๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โ๏ธAero Glass,
โ๏ธBohemia Interactive Simulations,
โ๏ธElbit Systems Ltd.,
โ๏ธEon Reality,
โ๏ธFuture Visual,
โ๏ธFountx (TAE AEROSAPACE),
โ๏ธGoogle Inc.,
โ๏ธHoneyWell International Inc.,
โ๏ธInternational Business Machines Corporation
(IBM),
โ๏ธMagic Leap Inc.,
โ๏ธMicrosoft Corporation,
โ๏ธOculus VR,
โ๏ธPTC Inc,
โ๏ธSita,
โ๏ธSkylights, Inc.,
โ๏ธSony Corporation,
โ๏ธUpskill (TeamViewer).
In 2021, North America dominated the market in terms of revenue, followed by Asia-Pacific, Europe, and LAMEA. The performance within aerospace and defense is driven by increase in demand from the commercial space sector, rise in the U.S. defense expenditure, and presence of major players.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ – https://www.alliedmarketresearch.com/purchase-enquiry/9417
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
โบBy technology, the non marker based segment is expected to register a significant growth during the forecast period.
โบBy type, the augmented reality segment is expected to register a significant growth during the forecast period.
โบBy component, the software and solutions segment is projected to lead the global aviation augmented and virtual reality market
โบBy end use, the civil segment is projected to lead the global aviation augmented and virtual reality market
โบBy function, the training segment is projected to lead the global aviation augmented and virtual reality market
โบRegion-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
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