Head-mounted Display Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis

Global Head-mounted Display Market report from Global Insight Services is the single authoritative source of intelligence on Head-mounted Display Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A head-mounted display (HMD) is a wearable device that allows a user to see virtual content superimposed on the real world. HMDs are typically used for gaming and entertainment applications, but they can also be used for training, simulation, and other purposes.

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Key Trends

There are three key trends in Head-mounted Display (HMD) technology:

One of the key trends in HMD technology is the increased resolution and field of view. HMDs are now available with resolutions of up to 4K per eye and fields of view of up to 110 degrees. This allows for a much more realistic and immersive experience.

Another key trend is the improved tracking and input. HMDs now come with built-in head tracking, which allows for a more natural and immersive experience. They also come with improved input methods, such as hand tracking, eye tracking, and voice control.

The third key trend is the enhanced immersion. HMDs are now available with features such as haptic feedback, which provide a more realistic and immersive experience.

Key Drivers

The key drivers of the Head-mounted Display market are the increasing demand for virtual reality and augmented reality applications, the need for compact and lightweight devices, and the declining prices of display components.

The increasing demand for virtual reality and augmented reality applications is driven by the gaming and entertainment industries, which are looking for new ways to engage and immerse their users. The gaming industry is especially interested in virtual reality, as it allows for a more realistic and immersive experience. The entertainment industry is also exploring augmented reality, which has the potential to revolutionize how we consume media.

The need for compact and lightweight devices is driven by the consumer electronics industry, which is always looking for ways to make its products smaller and lighter. This is especially important for head-mounted displays, as they need to be comfortable to wear for extended periods of time.

The declining prices of display components is driven by the advancement of technology and the increase in competition in the market. As more companies enter the market, the prices of display components are decreasing. This is making head-mounted displays more affordable for consumers and businesses.

Market Segments

By Component

  • Goggles
  • Relay Optics
  • Control Unite
  • Accessories
  • Battery
  • Computing
  • Pico Projector
  • Head Tracker
  • Others

By Product

  • Head mounted display
  • Head mounted computing/ wearable glasses

By End User

  • Defense
  • Consumer market
  • Others

By Applications

  • Security
  • Training and simulation
  • Tracking
  • Imaging

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Key Players

  • Emagin Corporation
  • Sony Corporation
  • Syndiant
  • Trivison
  • Innovega Inc
  • Epson
  • BAE System PLC
  • Recon Instruments
  • Sensics Inc
  • NEC Electronics Corporation.

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