AR and VR Display Market Set for Rapid Growth during 2019-2024 | Samsung Electronics, Sony, eMagin, Kopin and Others.

The report titled “AR and VR Display Market” sheds a concentrated focus on the AR and VR Display industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

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The AR and VR Display Market is expected to grow from USD 1.6 Billion in 2019 to USD 4.4 Billion by 2024, at a CAGR of 21.8% during the forecast period. This report spread across 196 Pages, Profiling 12 Companies and Supported with 103 Tables and 52 figures are now available in this research.

Top Key Players Profiled in the AR and VR Display Market:
• Samsung Electronics (South Korea)
• Sony (Japan)
• eMagin (US)
• Kopin (US)
• LG Display (South Korea)
• Japan Display (Japan)
• Syndiant (US)
• AU Optronics (Taiwan)
• Barco (Belgium)
• Seiko Epson (Japan)
• BEO Technology (China)
• HOLOEYE Photonics (Germany)
• Himax Technologies (Taiwan)
• Jasper Display (Taiwan)
• Raontech (South Korea)
• Innolux (Taiwan)
• OLiGHTEK (China)
• Fraunhofer (Germany)
• Universal Display (US)
• ITRI (Taiwan)
• New Vision Display (China)
• INT Tech (Hong Kong)
• EverDisplay Optronics (China)
• CREAL3D (Switzerland)

The use of VR HMDs in gaming and entertainment in the consumer space is the primary driver for the growth of the VR HMD panel market. New entrants in the form of local vendors coming in from APAC countries would be major consumers of VR HMD panels. The commercial sector is expected to grow at the highest growth rate owing to the use of VR HMDs on a large scale in tourism and sight-seeing, as well as in the retail sector.

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AR is a cutting-edge technology involved in the Industry 4.0 trend. The use of AR devices helps minimize human errors, improves efficiency, and reduces expenses. The AR devices have a wide range of use cases, namely in operations for installation and assembly, maintenance and remote assistance, training, quality control, safety management, and for design and visualization.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1– 36%, Tier 2– 44%, and Tier 3 – 20%
• By Designation: C-level Executives– 61%, and Managers– 39%
• By Region: North America– 35%, Europe – 32%, APAC– 21%, South America– 7%, and Middle East &Africa – 5%

Competitive Landscape of AR and VR Display Market:
1 Introduction
2 Ranking Analysis of Players in the AR and VR Display Market
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Situations and Trends
4.1 Product Launches and Developments
4.2 Agreements, Partnerships, Contracts, Joint Ventures, and Collaborations
4.3 Mergers and Acquisitions

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Research Coverage:
This research report categorizes the global AR and VR display market based on technology, device type, application, and geography. The report describes the major drivers, restraints, challenges, and opportunities about the AR and VR display market and forecasts the same till 2024.

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This release was published on openPR.