The Europe Augmented Reality & Virtual Reality In Manufacturing Market would witness market growth of 27.7% CAGR during the forecast period (2022-2028).
In the industrial sector, the technology could be utilized to assess a range of changes, identify harmful workplace conditions, and even visualize the final product. It allows manufacturers to offer more than digital characters, images, or material, including text, statistics, and information pertinent to the worker's current task. A worker may observe the operating temperature of a piece of equipment, indicating that it is too hot to touch with bare hands. An employee could be aware of everything going on around them, like the whereabouts of coworkers, the machinery that is malfunctioning, and prohibited areas inside a plant.
The increasing use of industrial robots in production promotes the need for augmented reality and virtual reality technology. Incorporating augmented reality (AR) into manufacturing and production procedures allows for the identification of errors and the provision of virtual help in real-time, both of which minimize production downtime. In turn, this is generating demand for augmented reality and virtual reality technology in the production process.
German manufacturing firms influence numerous high-value market niches, notably automobiles as well as semi-customizable machine tools. Moreover, they are not invulnerable to contest from low-wage developing economies, and in past few years, numerous large, internationally-oriented firms have detached themselves from the national institutional framework. They risk damaging Germany's renowned Mittelstand sector by doing so.
The Germany market dominated the Europe Augmented Reality & Virtual Reality In Manufacturing Market by Country in 2021; thereby, achieving a market value of $1.9 billion by 2028. The UK market is estimated to witness a CAGR of 26.6% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 28.6% during (2022 - 2028).
Based on Technology, the market is segmented into Augmented Reality and Virtual Reality. Based on Device Type, the market is segmented into Head-mounted Display, Head-up Display and Handheld Devices. Based on Component, the market is segmented into Hardware, Software and Services. Based on Application, the market is segmented into Product Design & Development, Safety & Training and Maintenance & Repair. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Augmented Reality & Virtual Reality In Manufacturing Market will Hit $27.9 Billion by 2028, at a CAGR of 27.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Google LLC, Microsoft Corporation, Vuzix Corporation, WorldViz, Inc., EON Reality, Inc., ESI Group, SkillReal Ltd., Kaon Interactive, Inc. and Solulab, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Augmented Reality
- Virtual Reality
By Device Type
- Head-mounted Display
- Head-up Display
- Handheld Devices
By Component
- Hardware
- Software
- Services
By Application
- Product Design & Development
- Safety & Training
- Maintenance & Repair
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co., Ltd. (Samsung Group)
- Google LLC
- Microsoft Corporation
- Vuzix Corporation
- WorldViz, Inc.
- EON Reality, Inc.
- ESI Group
- SkillReal Ltd.
- Kaon Interactive, Inc.
- Solulab, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Augmented Reality & Virtual Reality In Manufacturing Market, by Technology
1.4.2 Europe Augmented Reality & Virtual Reality In Manufacturing Market, by Device Type
1.4.3 Europe Augmented Reality & Virtual Reality In Manufacturing Market, by Component
1.4.4 Europe Augmented Reality & Virtual Reality In Manufacturing Market, by Application
1.4.5 Europe Augmented Reality & Virtual Reality In Manufacturing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Augmented Reality & Virtual Reality In Manufacturing Market
Chapter 4. Europe Augmented Reality & Virtual Reality In Manufacturing Market by Technology
4.1 Europe Augmented Reality Market by Country
4.2 Europe Virtual Reality Market by Country
Chapter 5. Europe Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
5.1 Europe Head-mounted Display Market by Country
5.2 Europe Head-up Display Market by Country
5.3 Europe Handheld Devices Market by Country
Chapter 6. Europe Augmented Reality & Virtual Reality In Manufacturing Market by Component
6.1 Europe Hardware Market by Country
6.2 Europe Software Market by Country
6.3 Europe Services Market by Country
Chapter 7. Europe Augmented Reality & Virtual Reality In Manufacturing Market by Application
7.1 Europe Product Design & Development Market by Country
7.2 Europe Safety & Training Market by Country
7.3 Europe Maintenance & Repair Market by Country
Chapter 8. Europe Augmented Reality & Virtual Reality In Manufacturing Market by Country
8.1 Germany Augmented Reality & Virtual Reality In Manufacturing Market
8.1.1 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.1.2 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.1.3 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.1.4 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.2 UK Augmented Reality & Virtual Reality In Manufacturing Market
8.2.1 UK Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.2.2 UK Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.2.3 UK Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.2.4 UK Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.3 France Augmented Reality & Virtual Reality In Manufacturing Market
8.3.1 France Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.3.2 France Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.3.3 France Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.3.4 France Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.4 Russia Augmented Reality & Virtual Reality In Manufacturing Market
8.4.1 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.4.2 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.4.3 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.4.4 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.5 Spain Augmented Reality & Virtual Reality In Manufacturing Market
8.5.1 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.5.2 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.5.3 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.5.4 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.6 Italy Augmented Reality & Virtual Reality In Manufacturing Market
8.6.1 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.6.2 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.6.3 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.6.4 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.7 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market
8.7.1 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.7.2 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.7.3 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.7.4 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Application
Chapter 9. Company Profiles
9.1 Samsung Electronics Co., Ltd. (Samsung Group)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Google LLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Vuzix Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 WorldViz, Inc.
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.6 EON Reality, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.7 ESI Group
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.8 SkillReal Ltd.
9.8.1 Company Overview
9.9 Kaon Interactive, Inc.
9.9.1 Company Overview
9.10. Solulab, Inc.
9.10.1 Company Overview
TABLE 1 Europe Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 2 Europe Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 3 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 4 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 5 Europe Augmented Reality Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Augmented Reality Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Virtual Reality Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Virtual Reality Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 10 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 11 Europe Head-mounted Display Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Head-mounted Display Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Head-up Display Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Head-up Display Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Handheld Devices Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Handheld Devices Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 18 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 19 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 26 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 27 Europe Product Design & Development Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Product Design & Development Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Safety & Training Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Safety & Training Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Maintenance & Repair Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Maintenance & Repair Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Augmented Reality & Virtual Reality In Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 Germany Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 36 Germany Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 37 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 38 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 39 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 40 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 41 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 42 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 43 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 44 Germany Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 45 UK Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 46 UK Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 47 UK Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 48 UK Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 49 UK Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 50 UK Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 51 UK Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 52 UK Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 53 UK Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 54 UK Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 55 France Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 56 France Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 57 France Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 58 France Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 59 France Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 60 France Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 61 France Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 62 France Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 63 France Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 64 France Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 65 Russia Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 66 Russia Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 67 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 68 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 69 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 70 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 71 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 72 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 73 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 74 Russia Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 75 Spain Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 76 Spain Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 77 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 78 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 79 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 80 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 81 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 82 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 83 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 84 Spain Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 85 Italy Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 86 Italy Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 87 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 88 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 89 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 90 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 91 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 92 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 93 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 94 Italy Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 103 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 104 Rest of Europe Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 105 Key Information – Samsung Electronics Co., Ltd.
TABLE 106 Key Information – Google LLC
TABLE 107 key information – Microsoft Corporation
TABLE 108 key Information – Vuzix Corporation
TABLE 109 Key Information – WorldViz, Inc.
TABLE 110 Key Information – EON Reality, Inc.
TABLE 111 Key Information – ESI Group
TABLE 112 Key Information – SkillReal Ltd.
TABLE 113 Key Information – Kaon Interactive, Inc.
TABLE 114 Key Information – Solulab, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 3 Recent strategies and developments: Google LLC
FIG 4 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 5 Recent strategies and developments: Microsoft Corporation
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Recent strategies and developments: Vuzix Corporation