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Head Mounted Display Market is Growing at a CAGR of 42.6%

02-09-2017 01:23 PM CET | IT, New Media & Software

Press release from: Orbis Research

Orbis Research

Orbis Research

According to Stratistics MRC, the Global Head Mounted Display is accounted for $2.68 billion in 2015 and is expected to reach $32.09 billion by 2022 growing at a CAGR of 42.6%. These eye virtual display units have vastly been in market since last couple of years because of rising popularity of light-weighted wearable devices. The declining prices of micro-displays and huge demand of these products in defence sector are some of the factors which are enhancing the market growth. However lack of awareness and some design related issues are hampering the market growth.

Browse the report: http://www.orbisresearch.com/reports/index/head-mounted-display-global-market-outlook-2015-2022

Eyewear in product segment is estimated to support a major part of market, because of more consumers inclining towards light-weight micro-display devices. Moreover Security and tracking in application segment is growing at high pace because of defence sector being its prominent user.

Based on geography North America is at stagnant pace in terms of growth because of its use in defence and safety services, while Asia Pacific is going to be a lucrative market owing to low production cost, low maintenance cost and availability of cheap labour with standard expertise in this field.

Some of the major key players of the market are eMagin Corporation, Google Corporation, Kopin Corporation, Oculus VR, Recon Instruments , Rockwell Collins, Inc., Seiko Epson Corporation, Sensics Corporation, Sony Corporation, Thales Visionix, Inc. , Vuzix Corporation, Recon Instruments Inc. and Osterhout Design Group.

Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/184739

Applications Covered:
Medical
Entertainment
Video Gaming
Aviation & Tactical
Engineering Application
Industrial
Maintenance and Inspection
Cad/Cam Solutions
Training & Simulation
Imaging
Augmented and Virtual Reality
Research & Development
Security
Tracking
Others
Education
Sports
Components covered:
Software
Hardware
Camera
Connectivity Devices
Controller
Sensors
Accelerometer
Gyroscope
Magnetometer
Proximity Sensors
Others
Microdisplays
Goggles
Other Components

Technologies Covered:
Virtual Reality
Augmented Reality
Products Covered:
Head-Mounted
Eyewear

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

Buy the report@http://www.orbisresearch.com/contact/purchase/184739

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

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