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Global head mounted display market explored in latest research

Industrial Market Research

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 Global Head Mounted Display 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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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. 

Competitive Analysis:

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.

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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

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,
  • Europe,
  • 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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