Head Mounted Display Market Garbage Bag Market Analysis, Segments, Growth and Value Chain 2022

The head mounted display (HMD) market has shown impressive development on account of the rising requirement to deliver information to pilots in general and commercial aviation cockpits. The portability of HMD that enables it to consume less space compared to head up displays is a major factor driving the growth of this market. The decline in the price of micro-display has led to extensive demand for HMD from the defense, sports, and the automation sectors.

According to analysts at Transparency Market Research (TMR), the global head mounted display (HMD) market stood at US$430.4 million in 2013. Virtual prototyping is likely to present significant opportunities to the market players and drive the market to a whopping sum of US$20,450.50 million by 2022, at an exceptional CAGR of 45.2% during the period of 2014-2022.

Request Sample: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1228

In 2012, the global head mounted display (HMD) market was worth US$430.4 mn and by 2022, the market is expected to be worth US$20.4 bn. The global head mounted display market is driven by the rising demand for lightweight HMDs, which will expand their application base. In addition to this, the declining prices of microdisplays and regulated demand from defense services will also fuel the global head mounted display market. On the other hand, the global head mounted display market will be suppressed by the design issues associated with HMDs and lack of awareness of the public regarding HMDs.

By end use, the global head mounted display (HMD) market is segmented into the consumer market (video gaming, virtual reality, and augmented reality), defense (navy, military, and air force), and others (sports, safety practices, medical practices, and automation). In 2013, the defense service segment held the largest share in the global head mounted display market, generating a revenue of US$483.2 mn. On the other hand, the consumer market segment is projected to witness the fastest CAGR of 53.20% during the forecasting horizon.

Browse The Market Research Report of Head Mounted Display Market: http://www.transparencymarketresearch.com/head-mounted-displays.html

According to type, the global head mounted display (HMD) market is divided into wearable computing glasses and helmet mounted displays. The helmet mounted displays segment dominated the global head mounted display market with a 66% revenue share in 2013. Nevertheless, the wearable computing glasses segment is projected to surpass the helmet mounted display segment.

Component-wise, the global head mounted display market is classified into pico projectors, computing, batteries, head trackers, control units, goggles, relay optics, accessories, and others. On the basis of application, the global head mounted display (HMD) market is divided into imaging, tracking, training and simulation, and security. Region-wise, the global head mounted display market is segmented into Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America.

Currently, North America is dominating the global head mounted display (HMD) market. However, it is Asia Pacific that is predicted to experience the highest CAGR of 48.20% during the forecasting horizon. The Asia Pacific head mounted display market benefits from the growing demand from its medical sector and consumer sector. The global head mounted display market is projected to witness growing demand in the medical sector for various types of surgeries and dentistry practices.

About Us:

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us:

US Office

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Designed by CyFocus.com
Powered by CyFocus.net
%d bloggers like this: