MarkNtel Advisors analyses the growth rate of the Augmented Reality and Virtual Reality in Aviation market in the forecast period from 2022 to 2027. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the Augmented Reality and Virtual Reality in Aviation market, helping them make informed decisions.

Market Outlook – 2022-2027:

The Global  Augmented Reality and Virtual Reality in Aviation Market is projected to grow at a CAGR of around 60.50% during the forecast period, i.e., 2022-27. The growth of the market is driven by the surging air traffic worldwide, i.e., propelling airlines to expand their aircraft fleet, coupled with the mounting need to bring operational efficiency, cost-effectiveness, zero or minimal human errors, & enhance the passenger experience across the aviation industry.

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Key Company Profiles

This report explores recent significant developments in the Augmented Reality and Virtual Reality in Aviation Market, focusing on the leading companies and their innovative profiles. The major players in the Augmented Reality and Virtual Reality in Aviation Market, featured in this report, include:

  • Microsoft Corporation
  • Google Inc.
  • Eon Reality
  • Aero Glass
  • Upskill
  • Sita
  • HTC
  • Bohemia Interactive Simulations
  • Oculus VR
  • Skylights Aero
  • Magic Leap Inc.
  • PTC Inc
  • Fountx
  • Future Visual
  • Jasoren
  • Atheer Inc.
  • Elbit Systems Ltd.
  • HoneyWell International Inc.
  • IBM

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the Augmented Reality and Virtual Reality in Aviation Market to forecast revenues and analyse trends across each of the following sub-markets:

  • By Product
    • Head-Mounted Displays
    • Head-Up Displays
    • Handheld Devices
    • Accumulators & Filters
    • Gesture-Tracking Devices
  • By Application
    • On Board
      • In-Flight Entertainment
      • Flight Deck Systems
    • Off-Board
  • By Technology
    • Augmented Reality
    • Virtual Reality
  • By Component
    • Hardware
    • Software
  • By Function
    • Pilots Training
    • Crew & Ground Support Staff Training
    • Engineers Training
    • Airlines Operation
    • Airport Operation
    • Others (Aircraft Operation, Maintenance Repair and Overhaul Operation etc.)
  • By Vertical
    • Civil
    • Military

Amongst these two, the Civil vertical is expected to dominate the Global Augmented & Virtual Reality in Aviation Market with the largest share during 2022-27.

  • By Region
    • North America
    • South America
    • Europe
    • Middle East & Africa
    • Asia-Pacific

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Key Questions Addressed:

  • Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
  • Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
  • Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
  • Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
  • Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?

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