Aerospace Helmet Mounted Display (HMD) Market 2018 Expanding at 12% CAGR with Global Key Companies - Sony, Samsung, HTC, Microsoft, Oculus, BAE, Kopin, Recon, Thales and Elbit

Aerospace Helmet Mounted Display Market published By Market Research Future, provides information on Global Aerospace Helmet Mounted Display Market By Industry Analysis, Market Growth and Opportunity Assessment, Segmentation - by Technology (Augmented reality, Virtual reality), Application (Military, Non Military), Component (Processor & Memory, Controller, Sensor, Display, Lens, Others) and by Region - Forecast Till 2023

Aerospace Helmet Mounted Display (HMD) Market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023.

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Market Scenario

Fighter pilots require advanced situational awareness while navigating dangerous situations. Helmet Mounted Display (HMD) technology is undergoing changes related to information display, by giving pilots all the critical information they need on the helmet’s screen. This will enhance the response time and will reduce the workload to improve the pilot ability to complete their missions successfully greatly.

On the basis of technology, this market is bifurcated into augmented reality HMDs and the virtual reality HMD. In the past few years, the overall display experience of users has improved because of the immersive and non-immersive display systems. Several navigation and communication technologies, such as Global Positioning System (GPS) and Dedicated Short Range Communication (DSRC) are used in aerospace HMD to improve the guidance and monitoring for the pilots. In augmented reality HMD segment, the display is usually transparent and digital information is superimposed onto real-life objects. These types of aerospace HMDs are known as an optical HMD. In virtual reality, the display is not transparent, and only virtual information and pictures are displayed in front of users’ eyes. Availability of low-cost virtual reality headsets, such as Samsung Gear VR and Google Daydream View, is helping fuel the growth of the market. The increasing number of new players in the market with offerings of headsets at low cost is one of the major reasons behind the wide adoption of virtual reality headsets in this market.

Based on the component segment, the display systems play a vital role in simplifying and presenting information in front of pilots. Nowadays, a display system consists of advanced vision, which enables high-resolution images and 3D viewing. A display system has a high impact in making aerospace helmets more efficient and user-friendly.

Global helmet mounted display market share is moderately growing and is characterized by a high degree of competition among the leading players. These players adhere to significant merger and acquisition activities to gain a strong position in the industry by the expansion of business operations and enhancement of production capabilities. New entrants require strong research & development competencies and high capital investment to contest with the established players within dynamically changing technology. Major success factors contain a high degree of technical support and continuous innovation.

With respect to consumer acceptance, the global HMD market is still at a nascent stage. Vendors in the market are entirely focus on the development of fighter aircraft specific HMDs. The market is also characterized by the presence of a number of new players who have created a niche market through their innovations. In the coming years, the market will witness the entry of a greater number of startups, which will try to introduce HMDs that can be combined into their current products, thus, escalating the level of competition among vendors. The market will also witness an increase in the number of R&D investments and mergers & acquisitions, where established aerospace HMD companies will acquire small vendors to obtain new technologies and to increase their hold over the market. For example, in May 2018, Thales Group had acquired the motion tracking and helmet mounted display business from the company Gentex Corporation, at present known as Thales Visionix, Inc.

North America aerospace HMD market has made a major contribution to the global market and is expected to maintain a steady growth rate during the forecast period. Similarly, the display system market segment in Europe is expected to boost due to significant innovations in display technologies. The market in Asia Pacific is expected to emerge as a profitable region, owing to low production costs, low maintenance costs, and availability of cheap labor with adequate proficiency in the field.

Therefore, the aerospace helmet mounted display market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023.

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Key Players

The key players in the global aerospace helmet mounted display market are Sony Corporation (Japan), Oculus VR, LLC (U.S.), BAE Systems (U.K), Kopin Corporation, Inc. (U.S.), Recon Instruments, Inc. (Canada), Seiko Epson Corporation (Japan), Thales Visionix, Inc. (U.S.), Vuzix Corporation (U.S.), Samsung (South Korea), HTC Corporation (Taiwan), Microsoft Corporation (U.S.), and Elbit Systems Ltd. (Israel).

The report for Global Aerospace Helmet Mounted Display Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continues...

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