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AUGMENTED REALITY AND VIRTUAL REALITY IN MANUFACTURING

  

What exactly is augmented reality? It's a type of technology that allows you to see the product in your immediate environment. It superimposes a computer-generated image over one's real-world view, resulting in a more enhanced version of reality. On the other hand, when one can put on a VR headset and be immersed in a truly immersive environment, interacting with it just like in the real world.

Yes, it does sound futuristic. What's more, guess what? It's a fact; it's used in everything from entertainment and gaming to healthcare, education, and manufacturing. AR and VR innovations are quietly infiltrating the automotive and industrial sectors and are now taking over the market. It's becoming a powerful tool for the industry to use, with too many tiny parts and complicated assembly. Both large and small businesses have created demonstrations and proof-of-concept experiences to analyse the use of AR and VR, and they are now bullish on these technologies and their mainstream integration. Some of them have already begun to do so.

 Read More :- https://www.pukkapartners.com/insight/augmented-reality-and-virtual-reality-in-manufacturing

"North America is Projected to Emerge Dominant Region in the Market During the Forecast Period"

North America is forecasted to emerge dominant in the global Virtual Reality in Manufacturing Industry. North America generated a revenue of USD 359.5 million and is likely to hold an outstanding market share during the forecast period. Established IT infrastructure has given traction to the early adoption of advanced technologies in the region and has contributed to market growth.

The Asia Pacific is estimated to exhibit a remarkable growth rate during the forecast period. As manufacturing is one of the significant businesses in countries like China, India, and Japan, it demands advanced manufacturing solutions. This factor will drive the need for virtual reality applications in the manufacturing industry across the region. China is expected to hold the largest market share in virtual reality in the manufacturing industry.

Europe is projected to hold a significant VR position in Manufacturing Industry, followed by North America and the Asia Pacific. Substantial industrial base and digitalization of services are likely to drive the market growth across the region. UK is expected to contribute to a significant share in VR in the manufacturing industry. Italy is recognized as the second-largest manufacturer after Germany, which creates an opportunity for VR in the region’s manufacturing sector.

 

Significant Highlights of the market

INDUSTRY DEVELOPMENT:

  • EON Reality Inc. announced EON World Builder (TM) beta release. EON World Builder enables the users to build, design, upload, and share any format they wish to. This application works only on IOS or Android phones, and it is included in the EON Experience VR Library.
  • HTC and Autodesk are working together, intending to revolutionize the way designers create, model, and collaborate. Through a cloud-based design engine, Forge, and HTC Vive platform, customers would be able to collaborate with immersive experiences using VR.

Conclusion: Bringing humans and technology closer together, AR and VR are reshaping the manufacturing industry. The manufacturing industry is growing, and AR and VR are paving the way for possibilities that are attracting a lot of interest. They will undoubtedly improve safety, design purpose, and efficiency, bringing man and machine closer together.


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