About Head Mounted Display
Small screens or projection technologies incorporated into eyeglasses or installed on a helmet or headgear are known as head-mounted displays (HMDs). Heads-up displays are a form of HMD that superimposes an image over the user's perspective of the actual world rather than blocking their eyesight. A retinal display, which paints a picture directly on the sensitive portion of the user's retina, is a developing kind of heads-up display.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD N) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Head Mounted Display market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sony (Japan), Oculus VR (United States), Microsoft (United States), HTC (Taiwan), Google (United States), Seiko Epson (Japan), Magic Leap (United States), Samsung (South Korea), Vuzix (United States), Lenovo (China), eMagin Corporation (United States), BAE Systems (United Kingdom) and Rockwell Collins (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Head Mounted Display market by Type (Slide-on HMD, Integrated HMD and Discrete HMD), Application (Consumer, Commercial, Enterprise & Industry, Engineering & Design, Healthcare, Aerospace & Defense, Education and Others) and Region.
On the basis of geography, the market of Head Mounted Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology Type, the sub-segment i.e. AR Technology will boost the Head Mounted Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wired will boost the Head Mounted Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Processors and Memory will boost the Head Mounted Display market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Technologies Evolution with the Emergence of VR and 3-D Technologies
Market Growth Drivers:
The demand of High Degree of Mobility and Computing Power and High Investment and Several Research Institute for Development in AR Application for Various Product and Application
Challenges:
Lack of Standardization and Complexity Causes Compatibility Issue between Product and Different Seller can Constrain the Head Mounted Display Market
Restraints:
Hight Cost and Less Awareness Associated with Display can Constrain the Head Mounted Display Market
Opportunities:
Highly Use in Video Games and Play Station Experiencing Game Screen Like Real-World Image with Digital Image and 3-D View Will Propel the Head Mounted Display Market and AR Benefits in Vertical Institute such as Consumer Electronics, Aerospace, Defense and Healthcare will Boost the Head Mounted Display Market
Market Leaders and their expansionary development strategies
On 22 Jan 2021, Magic Leap announces the partnership with Google Cloud to meet the need of the Next Era Spatial Computing Solution. This partnership will help in the Google Cloud Marketplace, Magic Leap products that provide vital tools for enterprises will be available. As partners and developers continue to develop outstanding corporate solutions for the Magic Leap platform, they will now be able to obtain scalable, go-to-market support for their tools built on Google Cloud and sell them to worldwide clients through the Google Cloud Marketplace. Magic Leap and Google Cloud will collaborate to explore how Google Cloud's artificial intelligence, machine learning, and analytics capabilities can be integrated into Magic Leap's Communication, Collaboration, and Co-presence platform to support co-presence in any enterprise setting around the world.
Key Target Audience
Head Mounted Display Manufactures, Head Mounted Display Distributors and Suppliers, Head Mounted Display International Traders, Research and Development Institutes, Financial Institutes and Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.