The Latin America, Middle East and Africa Augmented Reality & Virtual Reality In Manufacturing Market would witness market growth of 30.5% CAGR during the forecast period (2022-2028).
Advanced manufacturers are increasingly utilizing VR to enhance their approach to predictive analytics. While identifying design defects in a product might require weeks of data analysis, digital interaction with the product enables corporations to identify design issues in few minutes. The identical procedure may be used to an entire production line. By analyzing the production process in a virtual setting, producers may identify bottlenecks and improvement opportunities. VR also eliminates the need to construct actual full-scale models, which is highly advantageous in industries like aerospace production where prototyping may be prohibitively expensive.
Another field where VR may be successfully employed is safety. By digitally modelling industrial processes, it is possible to anticipate potentially hazardous behaviours. Ford, for instance, has already cut employee injuries by 70 percent owing to virtual reality. By modelling the actual conditions under which a product would be utilized, the same method may be used to increase customer safety. For instance, automakers may simulate different weather and traffic situations to maximize the safety features of automobiles.
The objective of the Dubai Industrial Strategy is to establish Dubai as a worldwide platform and destination of choice for multinational businesses seeking development and sustainability. The focus is on developing the Aerospace, Maritime, Food & Beverage, Pharmaceuticals & Medical Equipment, Aluminum & Fabricated Metals, and Machinery & Equipment sectors in order to entice international corporations to engage in the Emirate.
The Brazil market dominated the LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Country in 2021; thereby, achieving a market value of $447 million by 2028. The Argentina market is anticipated to grow at a CAGR of 31.2% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 30.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Augmented Reality & Virtual Reality In Manufacturing Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, by Technology
1.4.2 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, by Device Type
1.4.3 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, by Component
1.4.4 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, by Application
1.4.5 LAMEA 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. LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Technology
4.1 LAMEA Augmented Reality Market by Country
4.2 LAMEA Virtual Reality Market by Country
Chapter 5. LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
5.1 LAMEA Head-mounted Display Market by Country
5.2 LAMEA Head-up Display Market by Country
5.3 LAMEA Handheld Devices Market by Country
Chapter 6. LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Component
6.1 LAMEA Hardware Market by Country
6.2 LAMEA Software Market by Country
6.3 LAMEA Services Market by Country
Chapter 7. LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Application
7.1 LAMEA Product Design & Development Market by Country
7.2 LAMEA Safety & Training Market by Country
7.3 LAMEA Maintenance & Repair Market by Country
Chapter 8. LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Country
8.1 Brazil Augmented Reality & Virtual Reality In Manufacturing Market
8.1.1 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.1.2 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.1.3 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.1.4 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.2 Argentina Augmented Reality & Virtual Reality In Manufacturing Market
8.2.1 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.2.2 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.2.3 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.2.4 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.3 UAE Augmented Reality & Virtual Reality In Manufacturing Market
8.3.1 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.3.2 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.3.3 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.3.4 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.4 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market
8.4.1 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.4.2 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.4.3 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.4.4 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.5 South Africa Augmented Reality & Virtual Reality In Manufacturing Market
8.5.1 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.5.2 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.5.3 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.5.4 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.6 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market
8.6.1 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.6.2 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.6.3 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.6.4 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Application
8.7 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market
8.7.1 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Technology
8.7.2 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Device Type
8.7.3 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Component
8.7.4 Rest of LAMEA 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 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 4 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 5 LAMEA Augmented Reality Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Augmented Reality Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Virtual Reality Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Virtual Reality Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 10 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 11 LAMEA Head-mounted Display Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Head-mounted Display Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Head-up Display Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Head-up Display Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Handheld Devices Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Handheld Devices Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 18 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 19 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 26 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 27 LAMEA Product Design & Development Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Product Design & Development Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Safety & Training Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Safety & Training Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Maintenance & Repair Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Maintenance & Repair Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 Brazil Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 36 Brazil Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 37 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 38 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 39 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 40 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 41 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 42 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 43 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 44 Brazil Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 45 Argentina Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 46 Argentina Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 47 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 48 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 49 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 50 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 51 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 52 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 53 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 54 Argentina Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 55 UAE Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 56 UAE Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 57 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 58 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 59 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 60 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 61 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 62 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 63 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 64 UAE Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 75 South Africa Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 76 South Africa Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 77 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 78 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 79 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 80 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 81 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 82 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 83 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 84 South Africa Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 85 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 86 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 87 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 88 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 89 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 90 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 91 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 92 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 93 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 94 Nigeria Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Technology, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Device Type, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Component, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Augmented Reality & Virtual Reality In Manufacturing Market by Application, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA 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