As per Markets and Markets, the market value of global augmented reality is valued approximately USD 14.5 billion. A compound annual growth rate of 30.8% is projected from 2021 to 2026 and the market is expected to reach a value of USD 72.7 billion by 2026. United States is one of the largest players in the AR market. The country holds a strong foot with … Continue reading The market comparison of Augment reality

The two rapidly evolving technologies are Augmented reality (AR) and virtual reality (VR) with the immense potential to revolutionize many industries. AR and VR are in the evolving stage in the current state. In many industries, AR is being used such as healthcare, retail, and entertainment. Such as in healthcare, AR is used in assisting surgeons during operations and helping patients for understanding their conditions. … Continue reading What is the future of Augment reality and virtual reality?

The AR/VR technology reduces waste expenditure by allowing the designers in design to visualize and test them in a virtual environment before creating them physically. The technology helps in identifying the flaws in designs, supporting improvement the functionality, and reducing the number of prototypes as needed for reducing the material waste and associated costs. A 3D virtual model can be created with AR/VR for design … Continue reading Does AR/VR  in design manufacturing reduce waste expenditure?

Manufacturing companies are revolutionized with AR/VR technologies to operate across the value chain. The reason for the adoption of the technology in the mainstream application is efficiency enhanced, accuracy, and productivity. The most essential tool in manufacturing firms is AR and VR technology to provide an immersive experience for designers, engineers, maintenance technicians, as well as end customers. AR and VR in Design and Prototyping … Continue reading The impact of AR/VR technologies across the value chain

In 1999, the Internet of Things (IoT) was invented by Kevin Ashton in computational technology. There is no need for programming computers any longer but simply the information can be fed off by connecting devices through the internet.   In the manufacturing industry, the use of such technology led to the stage for the next industrial revolution known as the Industrial Internet of Things (IIoT). … Continue reading What is the market scenario of IIOT?

Artificial Intelligence is used to create intelligent machines to perform tasks or we can say support human intelligence such as perception, reasoning, learning, and problem-solving. The different types of AI are reactive machines, limited memory, theory of mind, and Self-aware. Reactive machines are the ones that react only to specific situations, with no memory or ability to learn from past experiences. Limited Memory is the … Continue reading Who are the leading AI and robotics companies?

The manufacturing technology known as 3D printing allows the physical object creation from digital designs by layering materials one by one until the final shape is attained. Several types of 3D printing technologies as per their strength and weakness are used for the particular task. 3D printing is the best way to enable customization by enabling cost and time-saving methods. The leading companies are: – … Continue reading Who are the leading companies in additive manufacturing?