BAE Systems, KOPIN and Thales are three key vendors highlighted in a new Technavio report
Technavio has published a new report on the global head-mounted display (HMD) market,which is expected to grow at a CAGR of almost 49% from 2015-2019.
Head-mounted display market segmentation including end-users and geography
Technavio's report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different end-users, including military, air force, healthcare, consumer applications and industrial applications.
Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA and the APAC region.
"The growing applications for virtual reality in gaming will support market growth during the forecast period," says Faisal Ghaus, Vice President of Technavio.
"Core virtual reality works well with the interactive world of games as currently no technology can give a fully immersive, 360 degree 3D experience."
"Cost also has a considerable impact on the adoption of HMDs. Currently, the industrial sector is witnessing high adoption of these devices, but adoption among individual consumers is difficult unless low-cost micro displays are integrated in this technology to bring down their overall price," says Ghaus.
Head-mounted displays: Market scope and calculation of market size
This report covers the present scenario and the growth prospects for the global head-mounted display market from 2015-2019. It presents a detailed segmentation of the market with respect to products, components, end-users and geography.
Industry analysis includes:
- Key Vendors:
- BAE Systems
- KOPIN
- Thales
- Emagin
- Rockwell Collins
- Market Growth Drivers:
- Demand for Light-weight HMDs
- Need for Enhanced Safety and Convenience
- Market Challenges:
- Customization of HMDs
- Integration of HMDs in Multiple Tasks
- Market Trends:
- VR Gaming
- Possibility of Different Human Interfaces with AR
View the global head-mounted display market report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the display market:
- Automotive Heads-up Display Market in APAC Trends Forecast 2015-2019
- Global Flexible Display Market 2015-2019
If you are interested in more information, please contact our media team at media@technavio.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150603005496/en/
Contacts:
Technavio Research
Jes Ellacott
Media Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
media@technavio.com
www.technavio.com
