Head Mount Displays are AR devices that display images through small optic computer displays. These display devices are worn on the head like a helmet with optic computer displays in front of one eye or separate optic computer displays for each eye. HMDs consist of an image source, collimating optics, and a mechanism to mount the device onto the head. The current trends in the market for the HMDs are for the use in many applications such as medical visualization, for viewing sensor imagery in military vehicles, airborne workstations for aircraft simulation and training, and fixed and rotary wing avionics.
The Global Head Mounted Display Market accounted to USD 3.5 billion in 2016 growing at a CAGR of 40.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Head Mounted Display Market By Technology (Augmented Reality, Virtual Reality) By Product Type (Head Mounted, Eyewear) By Components (Processor and Memory, Controller, Sensor, Camera, Display, Lens, Case and Connector, Others) By connectivity (weird, wireless) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Key Questions Answered in Global Head Mounted Display Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Head Mounted Display Market 2024?
What are the key factors driving, Analysis by Applications and Global Head Mounted Display Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Head Mounted Display Market?
Who are Opportunities, Risk and Driving Force of Global Head Mounted Display Market?
Who are the opportunities and threats faced by the vendors in Global Head Mounted Display Market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Head Mounted Display Market opportunities, market risk and market overview of the Market?
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Major Market Competitors:
Some of the major players operating in Head Mounted Display Market are:
- Google Inc.,
- BAE Systems Plc,
- Elbit Systems Ltd,
- Kopin Corporation,
- Rockwell Collins, Inc.,
- Seiko Epson Corporation,
- Sensics, Inc.,
- Vuzix Corporation,
- eMagin Corporation,
- Recon Instruments Inc.,
- Sony Corporation,
- Thales Group,
- Oculus VR, LLC,
- NEC Corporation,
- Osterhout Design Group,
- HTC Corporation,
- Microsoft Corporation,
- Avegant Corporation,
- Beijing Antvr Technology Co., Ltd.,
- Fove, Inc.,
- Magic Leap, Inc.,
- Shoogee GmbH & Co.
- among others.
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Head Mounted Display Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Major market drivers and restraints:
- Increasing in Demand for Light-Weight HMDs
- Demand from Defense Services
- Declining Prices of Micro displays
- Issues related to design
- Lack of Awareness
Global Head Mounted Display Market Segmentation:
On the basis of technology:- Augmented Reality, Virtual Reality. The augmented reality market is expected to grow in the forecasted period.
On the basis of product type:- Head Mounted, Eyewear. The Eyewear market is expected to grow in the forecasted period.
On the basis of components:- Processor and Memory, Controller, Sensor, Camera, Display, Lens, Case and Connector, Others. The Sensor market is expected to grow in the forecasted period.
On the basis of connectivity:- Weird, wireless. The wireless market is expected to grow in the forecasted period.
On the basis of geography:-
- North America & South America,
- Asia-Pacific, and Middle East & Africa.
In 2017, Google Inc. partner with Qualcomm to develop standalone VR headsets for the use with smartphones.
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