Dublin, April 27, 2020 (GLOBE NEWSWIRE) -- The "Head Mounted Display - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Head Mounted Display market worldwide is projected to grow by US$72.2 Billion, driven by a compounded growth of 47.6%. Defense, one of the segments analyzed and sized in this study, displays the potential to grow at over 48.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$53.4 Billion by the year 2025, Defense will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 52.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.9 Billion to the region's size and clout in the next 5 to 6 years. Over US$3.3 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Defense will reach a market size of US$3.4 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 45.4% over the next couple of years and add approximately US$11.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Avegant Corporation
- Beijing Antvr Technology Co., Ltd.
- Fove, Inc.
- Google LLC
- HTC Corporation
- Kopin Corporation
- Magic Leap, Inc.
- Microsoft Corporation
- Oculus VR LLC
- Osterhout Design Group
- Recon Instruments, Inc.
- Rockwell Collins, Inc.
- Samsung Electronics Co., Ltd.
- Seiko Epson Corporation
- Sensics, Inc.
- Shoogee GmbH & Co. KG
- Sony Corporation
- Thales Visionix, Inc.
- Vuzix Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Head Mounted Display (Product) Global Player Market Share Breakdown for 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Adoption of AR/VR Technologies Provides the Cornerstone for Growth in Demand for AR/VR Hardware
- Growing Hunger for Immersive Technologies as the New Digital Reality Bodes Well for AR/VR Hardware: Global Spending on AR/VR Technologies (In US$ Billion) for the Years 2017, 2019, 2021 and 2023
- Gaming, the Major Revenue Spinner in Consumer Applications
- As the Most Heavily Commercialized Platform, Gaming is Poised to Drive AR &VR to the Mainstream Market: Global VR Gaming Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
- Resounding Success in the Games Industry Pushes AR/VR Transformation Beyond Gaming
- How AR/VR is Changing the Automotive Industry: A Case Study in Non-Gaming Applications
- As an Efficiency Enhancing Technology, Robust Adoption of AR/VR Technology in the Automotive Industry Strengthens the Business Case for AR/VR Hardware: Global Automotive AR/VR Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
- As Wireless VR Becomes Mainstream, Wireless HMDs Will Score the Highest Gains in the Market
- Eye Tracking AR/VR HMDs Make a Clamorous Entry Into the Market, Pushing Up Customer Interest & Technology Valuations
- The Quest to Unlock the Potential of Eye-Tracking Technology in AR/VR to Drive Opportunities for Eye Tracking VR HMDs: Global Eye Tracking Devices Market (In US$ Million) for the Years 2017, 2019, 2022 and 2024
- Mobile VR/AR Make Battery Innovations Crucial to Market Growth, Expansion & Development
- Falling Battery Costs to Drive Down Prices of AR/VR Devices & Push Penetration Deeper into Price Sensitive Consumer Markets: Global Lithium-ion Battery Costs (In US$ Per Kilowatt Hour) for the Years 2010, 2013, 2016 & 2019
- Innovations in Supporting Semiconductors to Trip the Technology Into the Mass Adoption Stage
- AR/VR Hardware Devices Will Emerge to be a Significant Part of the MtM Evolution: Global Wafer Demand for More than Moore (MtM) Devices (In Million 8-inch Equivalent Wafers) for the Years 2017, 2019, 2022 and 2023
- 5G to Catalyze Mass Adoption of AR/VR Creating Opportunities Across the Technology Value Chain
- Robust Outlook for 5G Proliferation Prepares AR/VR for a Journey Up the Early Majority Curve: Global 5G Infrastructure Market (In US$ Billion) for the Years 2018, 2020 and 2022
- Innovations & Incremental Improvements in HMD Display to Spur Adoption & Use Case Scenarios Advanced Optics for VR
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
V. CURATED RESEARCH
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