Head Mounted Display (HMD) Market

A head-mounted display is an electronic wearable device, mounted on a head that includes a small display optic near the eye. The display optic projects a virtual environment in front of the user’s eyes. . The screens used in the head-mounted display are liquid crystal displays (LCDs) since they are compact, efficient, and lightweight. Moreover, LCDs provide better screen resolution and brightness. HMDs are majorly used in various applications including military, gaming, medical, sports, training and simulation, engineering, etc. Currently, optic head-mounted display (OHMD) is a wearable display that can reflect projected images and enables the user to see through it.

The global head-mounted displays (HMD) Market was valued for US$ 5.5 Bn in 2021.

Market Dynamics

Rapidly expanding the semiconductor and electronics industry is driving growth of the global wearable electronics market, which is indirectly boosting global HMD market growth. Increasing developments in display technology have resulted in the use of OLEDs for producing lightweight and flexible displays for HMDs. Moreover, HMD have multiple application in healthcare, defense, aviation, and military, industrial, etc owing to which the demand for HMD is expected to grow during the forecasted period. For Instance, Google offers Google Glass with integrated features such as Google translator, Google maps, etc., and offers various supporting features such as clicking images, recording videos, messaging, information sharing, etc. Moreover, Google Glass is also integrated with SHORE (Sophisticated High-Speed Object Recognition) software to treat autism. Considering these factors the market for global head-mounted display is expected to grow during the forecasted period 2022-30.

Key features of the study:

• This report provides an in-depth analysis of  global head-mounted displays (HMD) market (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global head-mounted displays (HMD)market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key players operating in the global head-mounted display (HMD) market are Sensics Corporation, Sony Corporation, Recon Instruments, Kopin Corporation, Thales Visionix, Inc., Oculus VR, Rockwell Collins, Inc., eMagin Corporation, Google Inc., Lockheed Martin, Japan Display Inc., and Seiko Epson Corporation.
• Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
• The global head-mounted displays (HMD) market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global Head-mounted displays (HMD) market.

Detailed Segmentation

• Global Head-mounted displays (HMD) Market, By Product:
  • Helmet-Mounted Display
  • Eyewear Display
• Global Head-mounted displays (HMD) Market, By Component:
  • Helmet-Mounted Display
    • Micro-Display
    • Head Tracker
    • Camera
    • Connectivity
    • Combined Mirror
    • Control Unit
    • Helmet
    • Accessories
  • Eyewear Display
    • Micro-Display
    • Goggle
    • Head Tracker
    • Controller
    • Connectivity
    • Battery
    • Accessories
• Global Head-mounted displays (HMD) Market, By Application:
  • Defence, Aviation & Military
  • Industrial Sector
  • Augmented & Virtual Reality
  • Research & Development
  • Healthcare
  • Video Gaming & Entertainment
  • Training & Simulation
  • Others
• Global Head-mounted displays (HMD) Market, By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles
  • Sensics Corporation*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
  • Sony Corporation
  • Recon Instruments
  • Kopin Corporation
  • Thales Visionix, Inc
  • Oculus VR
  • Rockwell Collins, Inc
  • eMagin Corporation
  • Google Inc
  • Lockheed Martin
  • Japan Display Inc
  • Seiko Epson Corporation