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Virtual Retinal Display (VRD) Market : Strategies of key players and products offered

11-15-2018 01:38 PM CET | IT, New Media & Software

Press release from: Transparecny Market Research

Virtual Retinal Display (VRD) Market : Strategies of key players

Virtual Retinal Display (VRD) Market: Overview

Virtual retinal display with LCDs or Low-energy lasers projects pictures directly onto human retina giving user the illusion of looking at a typical screen-sized display flying in the air at some distance. The ability of this emerging technology, to give sense of reality that other technologies such as LCDs could not provide, will drive its penetration globally.

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Virtual Retinal Display (VRD) Market: Segmentation

The virtual retinal display market is segmented by application as military and aerospace, gaming, medical, engineering and others. Military and medical applications are expected to be the key growth markets for virtual retinal display solutions. In medical applications, VRD technology is heating up with potential applications in radiology, therapeutics and surgery. VRD technology have potential to be used for patients with low vision.

The technology is expensive if utilized to its full potential which is a challenge to the market. However, the features such as high resolution, high brightness and full color will drive its adoption. The virtual retinal display market is segmented by geography as North America, Europe, Asia Pacific, Middle-East and Africa and Latin America. Considering the large target consumer base, Asia Pacific exhibits significant growth potential in the long run for virtual reality display market. North America is expected to witness highest initial adoption of virtual retinal display technology owing to high demand for technologically advanced products in the region.

Virtual Retinal Display (VRD) Market: Drivers

The efficient power consumption by virtual retinal displays is the key driving factor for the technology. Moreover, the images by VRD are not affected by external lighting conditions creating a clear and sharp view. Virtual retinal displays supports stereoscopic features and possess the ability to provide separate images/video to both eyes. Such 3D display technology is expected to further drive its adoption, in particular across gaming applications.

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Virtual Retinal Display (VRD) Market: Restraints

The virtual retinal display technology has few challenges which restrain its adoptions. The threat of damaging the retina as there is no protection against radiation in VRD technology, is still a concern. The images sent through virtual retinal displays interfere with the reality objects which might cause concerns distracting the users. Few of the expected future applications for virtual retinal display technology are, viewing messages on the go, presenting with notes streamed to your eyes, getting directions while moving towards the destination, viewing recipes while cooking and many others. The technology will potentially be used to simplify the way of communication over the coming years.

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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