Tuesday, August 23, 2016
Head Mounted Display Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022
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Head Mounted Display Market to Reach
US$ 20.21 Bn by 2022
According
to a new market report published by Credence Research “Head Mounted Display
(HMD) (Defense, Consumer, Industrial, Healthcare, Public Safety, and Other
Verticals) Market - Growth, Share, Opportunities, Competitive Analysis, and
Forecast 2015 - 2022” the head mounted display market was valued at US$ 0.829
Bn in 2014 and is expected to reach US$ 20.21 Bn by 2022, expanding at a CAGR
of 49.9% from 2015 to 2022.
Browse
the full Head Mounted Display Market - Growth, Share, Opportunities,
Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/head-mounted-display-hmd-market
Market Insights
A
head mounted display is a display device worn as an eyewear or mounted on a
helmet. It has a display optic placed in front of either both (binocular head
mounted display) or one eye (monocular head mounted display). The display optic
project augmented and virtual environment in front of the wearer’s eye, thereby
offering the feeling of being actually present in the projected environment.
The growing popularity of light-weight portable computing devices and declining
prices of microdisplays have collectively fueled the demand for head mounted displays
across the globe.
Competitive Insights:
The
global head mounted display market is highly fragmented across verticals,
requiring manufacturers to understand distinct differences and requirements of
vertical domains. With defense services being the largest end-use segment,
leading suppliers including BAE Systems Plc, Rockwell Collins, and Elbit
Systems that supply HMDs to defense services enjoy strong market position. In
the consumer space, manufacturers
including Sony Corporation, Vuzix Corporation, Oculus VR, LLC, and eMagin
Corporation compete on the basis of product features, innovation, price (to a
certain extent), and after sales support.
Key Trends:
Growing
inclination towards light-weight wearable devices
Demand
for virtual and augmented reality wearable displays
Declining
price of microdisplays
Manufacturers
shifting their manufacturing base to emerging economies
About Us:
Credence
Research is a worldwide market research and counseling firm that serves driving
organizations, governments, non legislative associations, and not-for-benefits.
We offer our customers some assistance with making enduring enhancements to
their execution and understand their most imperative objectives. Over almost a
century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith (Global Sales
Manager)
Address:
105 N 1st ST #429, SAN JOSE, CA 95103 US
Ph: 1-800-361-8290
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