DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Head-Mounted Display Market by Technology (AR, VR), Application (Consumer, Commercial, Enterprise & Industry, Engineering & Design, Military, Medical), Product (Head Mounted, Eyewear), Component, Connectivity, and Geography - Global Forecast to 2022" report to their offering.
HMD market expected to grow at a CAGR of 38.8% between 2017 and 2022.
Increasing adoption of AR and VR technologies, growing investment by major players, and availability of low-cost HMDs are the major drivers for the HMD market. Factors such as lack of standardization for HMD design and limited battery life restrain the growth of the HMD market.
The market for enterprise and industry application is expected to grow at the highest CAGR between 2017 and 2022. In the enterprise and industry application, AR HMDs can be used for various purposes, such as manufacturing space design, assembling processes, assessing the quality of goods, warehouse picking, and training workers. Many companies are using smart glasses in their warehouses and manufacturing plants. Increasing interest of enterprises to adopt AR HMDs is expected to drive the market for HMDs.
Virtual reality technology held the largest share of the HMD market in 2016. VR provides the user with an immersive experience, usually through the help of a VR headset, such as Oculus Rift and Samsung Gear. The increasing number of players entering into the market with offerings of HMDs at low cost is one of the major reasons for the wide adoption of VR headsets.
HMD market in APAC expected to grow at highest CAGR during forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Types of Head-Mounted Displays
7 Head-Mounted Display Market, By Technology
8 Head-Mounted Display Market, By Application
9 Head-Mounted Display Market, By Product Type
10 Head-Mounted Display Market, By Component
11 Head-Mounted Display Market, By Connectivity
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
- Avegant Corporation
- Bae Systems Inc.
- Beijing Antvr Technology Co. Ltd.
- Castar (US)
- Cinoptics (Netherlands)
- Elbit Systems Ltd. (Israel)
- Fove Inc.
- Fujitsu Ltd. (Japan)
- Google Inc.
- Htc Corporation
- Huawei Technologies Co. Ltd (China)
- Kopin Corporation Inc.
- Lg Electronics Inc. (South Korea)
- Magic Leap Inc.
- Microsoft Corporation
- Oculus Vr Llc
- Optinvent S.A. (France)
- Osterhout Design Group
- Recon Instruments Inc.
- Rockwell Collins Inc.
- Samsung Electronics Co. Ltd.
- Seiko Epson Corporation
- Sensics Inc.
- Shoogee Gmbh & Co. Kg
- Sony Corporation
- Thales Visionix Inc.
- Vuzix Corporation
For more information about this report visit https://www.researchandmarkets.com/research/l2fn95/headmounted