Augmented reality is a piece of technology that has the potential to impact various factors across the board. These can range from a pathway into industry 4.0 to the financial growth of an organization as well the development of the same between others. This section portrays some of the areas that AR has the potential to have an impact on.
Optimized Product Development:Augmented reality gives manufacturers the ability to project 3D images through wearables, enabling product designers and key stakeholders to see what the final product will look like when it rolls off the production line.
Simplification of Complex processes:
Most manufacturing processes are made up of a series of complex steps that must be executed correctly in order to produce the finished product.
Augmented reality makes following these complex processes easier as it can be used to guide operators, allowing employees to see how the process is done in their physical space. As a result, manufacturers are able to ensure assemblies are done consistently and efficiently, reducing human error that could potentially result in quality defects.
Better Collaboration:
AR allows operators on the ground to digitally interact with physical equipment and machinery. And in the burgeoning era of the IoT-enabled devices and equipment, wearable AR devices are easily connected via the cloud, allowing verified remote access and collaboration.
Lower Operation costs:
All the benefits discussed above can be distilled down to one significant advantage – lower production and operating costs. Optimized product development, streamlined assembly processes, and easier troubleshooting ultimately reduce the amount of waste caused by these respective departments.
“According to Statista, enterprise spending on AR glasses is forecasted to grow from $2 billion in 2021 to over $12 billion in 2024 with significant adoption of mobile AR across both consumer and enterprise segments”.
Source: https://tulip.co/blog/augmented-reality-impacts-of-ar-for-manufacturers/

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