Press release
Head Mounted Display (HMD) Market to Expand at 45.20% CAGR 2014-2022 thanks to High Demand for Lightweight HMDs
Obtain Report Details @
http://www.transparencymarketresearch.com/head-mounted-displays.html
In 2012, the global head mounted display (HMD) market was worth US$430.4 mn and by 2022, the market is expected to be worth US$20.4 bn. The global head mounted display market is driven by the rising demand for lightweight HMDs, which will expand their application base. In addition to this, the declining prices of microdisplays and regulated demand from defense services will also fuel the global head mounted display market. On the other hand, the global head mounted display market will be suppressed by the design issues associated with HMDs and lack of awareness of the public regarding HMDs.
By end use, the global head mounted display (HMD) market is segmented into the consumer market (video gaming, virtual reality, and augmented reality), defense (navy, military, and air force), and others (sports, safety practices, medical practices, and automation). In 2013, the defense service segment held the largest share in the global head mounted display market, generating a revenue of US$483.2 mn. On the other hand, the consumer market segment is projected to witness the fastest CAGR of 53.20% during the forecasting horizon.
According to type, the global head mounted display (HMD) market is divided into wearable computing glasses and helmet mounted displays. The helmet mounted displays segment dominated the global head mounted display market with a 66% revenue share in 2013. Nevertheless, the wearable computing glasses segment is projected to surpass the helmet mounted display segment.
Component-wise, the global head mounted display market is classified into pico projectors, computing, batteries, head trackers, control units, goggles, relay optics, accessories, and others. On the basis of application, the global head mounted display (HMD) market is divided into imaging, tracking, training and simulation, and security. Region-wise, the global head mounted display market is segmented into Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America.
Currently, North America is dominating the global head mounted display (HMD) market. However, it is Asia Pacific that is predicted to experience the highest CAGR of 48.20% during the forecasting horizon. The Asia Pacific head mounted display market benefits from the growing demand from its medical sector and consumer sector. The global head mounted display market is projected to witness growing demand in the medical sector for various types of surgeries and dentistry practices.
Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1228
Companies in the global head mounted display (HMD) market will benefit from the opportunities presented by cloud computing. Another good growth opportunity for market players is the use of HMDs in automotive prototyping, i.e. virtual designing of automotive parts. The key companies operating in the global head mounted display market are BAE Systems, Google, Elbit Systems, Seiko Epson, eMagin, Sensics, and Sony.
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.
Contact Us :
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Head Mounted Display (HMD) Market to Expand at 45.20% CAGR 2014-2022 thanks to High Demand for Lightweight HMDs here
News-ID: 548975 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for HMD
Hexamethylene Diamine (HMD) Market 2022 | Detailed Report
ReportsnReports publishes the report titled Hexamethylene Diamine (HMD) that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like…
Head Mounted Displays (HMD) Market Size Analysis, Industrial Status, & Regional …
Head Mounted Displays (HMD) Market 2021
A headlamp display is an electronic device, which is mounted on the head with a small display mirror next to it. Project optic projects project a visual environment in front of the user's eyes. The screens used on the headset are liquid crystal displays (LCDs) because they are compact, efficient and lightweight. HMD finds applications in a variety of industries including military, sports, medicine, sports,…
Hot Metal Detectors (HMD) Market to Witness Notable Growth by 2027
This Hot Metal Detectors (HMD) market report segmented the market by form, application, product, geography, and other factors. This market report looks at a few main players and drivers that have an effect on market opportunities, challenges, risks, and development. It also conducts a competitive analysis of the industry, which helps main market participants in terms of large profits. The market growth is heavily influenced by the significant factors listed…
Head Mounted Display (HMD) Market Size, Share & Forecast 2025
Head Mounted Display (HMD) market Overview: 2025
In 2019, the market size of Head Mounted Display (HMD) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
A head-mounted display is a…
Head Mounted Display (HMD) Market: Competitive Dynamics & Global Outlook 2023
New report published by Global Info Research which offers insights on the global Head Mounted Display (HMD) market.
A head-mounted display is a display device, worn on the head or as part of a helmet, that has a small display optic in front of one (monocular HMD) or each eye (binocular HMD). A HMD has many uses, including in gaming, aviation, engineering, and medicine.
Click to view the…
Helmet-Mounted Displays (HMD) 2018: Emerging Markets in Developing Countries
Qyresearchreports include new market research report Helmet-Mounted Displays (HMD) to its huge collection of research reports.
The market analysis of this particular market dissects and elaborates many of the aspects pertaining to the global Helmet-Mounted Displays (HMD) market which enunciates the current figures along with future prospects. The report also takes into consideration changing aspects of the said market. The primary objective of this market intelligence report is to provide an…
