Head Mounted Display Market to Gain USD 203.7 BN by 2032

Head Mounted Display Market Insights

The global head-mounted display market is likely to witness enormous growth. Increasing military expenditures worldwide would drive market growth. Market Research Future (MRFR) asserts that the global head-mounted display market is poised to escalate from USD 5.8 BN in 2022 to USD 203.7 BN by 2032, with a 48.50% CAGR throughout the assessment period (2023-2032). 

Greater acceptance of AR & VR technologies, developments in HMDs by key companies, and availability of affordable HMDs are key driving forces. Besides, technological developments and rapid digitalization boost the head-mounted display market size. Moreover, the increasing emphasis on in-flight safety and advancements in pilot assistance technologies escalate the head-mounted display market value. 

Advancements in technology led by the increasing demand for safety technologies are some of the major tailwinds pushing the head-mounted display market value revenues. Improvements in technologies such as artificial intelligence, augmented reality, and virtual reality substantiate the market growth. 

Get a Complete PDF @ https://www.marketresearchfuture.com/sample_request/11697

Major Players

Leading head-mounted display market players are

• Sony Corporation,
• Alphabet Inc.,
• SAMSUNG,
• BAE Systems.,
• Microsoft Corporation,
• Elbit Systems Ltd.,
• HTC Corporation,
• FUJITSU,
• Huawei Technologies Co. Ltd.,
• Optinvent SA,
• LG Electronics,
• Collins Aerospace,
• Thales Group,
• Seiko Epson Corporation,
• Avegant Corp.,
• Magic Leap Inc.,
• FOVE Inc.,
• Meta View Inc.,
• Kopin Corporation, and
• CINOPTICS, among others.  

Global Head Mounted Display Market – Segments

The market report is segmented into product types, components, connectivity, technologies, end-uses, and regions. The product type segment is sub-segmented into head mounted and eyewear. The component segment is sub-segmented into processor & memory, controller, sensor, camera, display, lens, case & connector, goggles, head trackers, computing, battery, projectors, and accessories. 

The connectivity segment is sub-segmented into wired and wireless. The technology segment is sub-segmented into artificial intelligence, augmented reality, and virtual reality. The end-use segment is sub-segmented into consumers, commercial, enterprise & industry, engineering & design, military, aerospace, medical, education, sports, fashion, and journalism. By region, the head mounted display market is segmented into the Americas, Europe, Asia-Pacific, Middle East & Africa, and rest-of-the-world.

Global Head Mounted Display Market – Regional Analysis

North America dominates the global head mounted display market. The defense sector in the region perceives the high expenditures and adoption of advanced technologies. Moreover, huge government spending on advanced military tactical equipment supports regional market growth. With the high concentration of prominent market players and government support to develop advanced technology for military applications, the US accounts for the largest head-mounted display market share. 

Get Complete Report Details@ https://www.marketresearchfuture.com/reports/head-mounted-display-market-11697

Global Head Mounted Display Market – Competitive Analysis

The highly competitive head-mounted display market appears fragmented, characterized by the presence of several major well-established players. These players incorporate strategic initiatives such as collaboration, acquisition, partnership, technology launch, and expansion to maintain their positions in this market by gaining a competitive advantage. Strategic alliances between these players support their expansion plans. 

Industry/Innovation/Related News:

April 26, 2023 — Vision Products, a leading head-mounted display maker, demonstrated its SA-62/S HMD and DVE HMD at the Army Aviation Summit in Nashville, TN. The company designs head-mounted displays, especially for military aviation. The SA-62/S HMD features high-resolution (1920 x 1200) and eMagin color OLED microdisplays providing extremely sharp images and a 62-degree wide diagonal view field. The innovative free-form prism eyepiece design of this HMD helps minimize peripheral obscuration by providing users with an unobstructed view of the real world.

Read More Articles-

Printed Electronics Market Size to Surpass USD 12.3 Billion at a CAGR of 13.0% by 2032 – Report by Market Research Future (MRFR)      

3D Printing Market Size Set to Reach USD 52.3 Billion at a CAGR of 22.30% by 2030 – Report by Market Research Future (MRFR)      

Emission Monitoring System (EMS) Market Size is Poised to reach USD 5.21 Billion at a CAGR of 6.30% of CAGR by 2030 – Report by Market Research Future (MRFR)        

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Tags: Head-Mounted Display market, Head Mounted Display Market Size, Head Mounted Display Market share See Campaign: https://www.marketresearchfuture.com/reports/head-mounted-display-market-11697

Contact Information:

Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Sales: +1 628 258 0071(US) +44 2035 002 764(UK Email: sales@marketresearchfuture.com

Tags:
Wire, Research Newswire, English