Augmented and Virtual Reality Market Growth in Aviation till 2025

1
According to the latest market research the
report "Augmented and Virtual Reality (AR VR)
Market in Aviation by Technology (AR, VR),
Function (Training, Operations),
Component Software), (On-Board,
(Hardware, Application Off-Board),
Product, Vertical, and Region - Global Forecast
to 2025", is expected to reach USD 1,372 million
by 2025 from USD 78
million in registering a 61.2 from
2019, CAGR of 2019 to
2025.Improved passenger experience is a
significant growth driver for the augmented
and virtual reality market in aviation. Reduced
chances of human error also drive this
market. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id230427667 By
vertical, the civil aviation segment is expected
to be a larger contributor to the augmented and
virtual reality market in aviation during the
forecast period. Civil aviation has been
witnessing strong growth over the past few years.
One of the major factors driving this growth is
the increased demand for aircraft. The growing
aircraft fleet must go through regular and
mandatory maintenance services. This demand is
expected to drive the market for AR VR technology
to be integrated for MRO and maintenance of
civil aviation aircraft. Along with manufacturing
and MRO, the pilots, crew, ground staff, and
mechanics handling civil aviation operations will
need training based on AR VR technology, which
is also expected to be one of the reasons for
civil aviation to lead the market during the
forecast period. North America is projected to
lead the augmented and virtual reality market in
aviation during the forecast period. North
America is expected to be the largest market for
AR VR market in aviation during the forecast
period. The presence of major AR VR players in
the US has resulted in major collaborations and
partnerships between aviation companies and AR
VR players in North America. North America has
the highest aircraft fleet and airports
globally, thus driving the demand for integration
of AR VR technology. Along with this presence of
various airlines, major aircraft OEMs Boeing,
Lockheed Martin, and Pratt Whitney, among
others is expected to drive the market in this
region.
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Key Market Players Some of the major players in
the augmented and virtual reality market in
aviation include Microsoft Corporation (US),
Google Inc. (US), Eon Reality (US), Aero Glass
(US), Upskill (US), Oculus VR (US), Jasoren (US),
IMB (US), Fountx (Australia), and Sony (Japan),
among others. These players provide AR VR
hardware and software to various aviation
companies. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id230427667 About MarketsandMarkets Mar
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