Market Research Reports

Head Mounted Display (Helmet Mounted Display, Wearable Computing Glasses) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022

119pages
Published Date: 2015-06-12

Description


Growing preference for lightweight, portable head worn displays resulting in increased demand from the consumer segment is the major factor driving the demand for head mounted displays across the globe. In addition, regulated demand from defense services has fueled market momentum. The research study titled - Head Mounted Display (Helmet Mounted Display, Wearable Computing Glasses) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2022 provides strategic analysis of the global head mounted display market along with the market growth (size in US$ Mn) forecast for the period from 2014 to 2022. The report includes competitive analysis of various market segments based on product type, end-use, applications, components, and in-depth cross-sectional scrutiny across different geography segments of the head mounted display market. In order to aid in strategic decision-making, the report also includes competitive profiling of the leading head mounted display manufacturers in the industry, their market positioning, recent developments, and the winning strategies adopted by them. The value chain analysis included in the report provides information on OEMs, HMD manufacturers, and application providers. It also highlights the role played by each in adding value to end products. 

Other in-depth analysis covered in the report provides insights into industry competition, market dynamics, and the most profitable segments in the head mounted display market. Furthermore, the report analyzes the current and future market potential for the head mounted displays across the globe. On the basis of end-use applications, the head mounted display market is segmented into: defense services (military, air force, navy), consumer market (video gaming, augmented reality, virtual reality), and others (automation, medical practices, sports, safety services, police force, commercial aviation). The market revenue and forecast for different end-use verticals have been included in the report for the period from 2012 to 2022 in terms of US$ million, along with the CAGR for the forecast period from 2014 to 2022. Furthermore, the report also segments the head mounted display market on the basis of product types into helmet mounted displays and wearable glass solutions. On the basis of application, the head mounted display market is segmented into training and simulation, security, tracking, and imaging. The market revenue and forecast for different product types and applications have been included in the report for the period from 2012 to 2022 in terms of US$ million, along with the CAGR for the forecast period from 2014 to 2022. 

The regional analysis of the head mounted display market gives in-depth insights into the current trends prevailing in different regions including North America, Europe, Asia Pacific, Middle East and Africa, Latin America. Each of these segments provides market size and forecast for the period from 2012 to 2022, highlighting the key factors responsible for influencing and challenging the market growth. The report also provides the breakdown and review of various factors affecting the growth of head mounted display market, appropriately described as market drivers, restraints, and opportunities. These factors emphasize upon the existing trends and their impact on the market growth. In addition, the report provides a separate section focusing on the key trends and future outlook of the head mounted display market. Overall, the report includes a holistic analysis of the global head mounted display market and provides growth estimates for the period from 2014 to 2022, keeping in mind the various factors affecting the market.

Head Mounted Display Market, by End-use:
  • Defense
    • Air Force
    • Military
    • Navy
  • Consumer market
    • Video gaming
    • Augmented reality
    • Virtual reality
  • Others
    • Automation
    • Medical practices
    • Safety practices
    • Sports
    • Others (Architectural Design,  Commercial Aviation)

Head Mounted Display Market, by Product
  • Helmet Mounted Display
  • Wearable Computing Glasses

Head Mounted Display Market, by Components
  • Goggles
  • Relay Optics
  • Control Unit
  • Accessories
  • Head Tracker
  • Battery
  • Computing
  • Pico Projectors Technology
  • Others

Head Mounted Display Market, by Application:
  • Security
  • Training and simulation
  • Tracking
  • Imaging

Head Mounted Display Market, by Geography:
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Table of Contents



Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
      1.3.1 Key Data Points from Secondary Sources
      1.3.2 Key Data Points from Primary Sources
      1.3.3 Models

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Head Mounted Display Market (2014 and 2022)
2.2 Global Head Mounted Display Market, by End-use Industry, 2013 (US$ Mn) 
2.3 Global Head Mounted Display Market, by Product Type, 2013 (US$ Mn) 
2.4 Global Head Mounted Display Market, by Application, 2013 (US$ Mn) 
2.5 Global Head Mounted Display Market, by Geography, 2013 (US$ Mn)

Chapter 3 Global Head Mounted Display Market Overview
3.1 Overview 
3.2 Global Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%) 
3.3 Key Trends Analysis 
      3.3.1 HMD Evolution
      3.3.2 Current Trend 
               3.3.2.1 Growing Preference for HMDs over HUDs
      3.3.3 Future Outlook
3.4 Market Drivers 
      3.4.1 Drivers
               3.4.1.1 Increasing Demand for Light-Weight HMDs to Expand Application Base 
               3.4.1.2 Regulated Demand from Defense Services 
               3.4.1.3 Declining Prices of Microdisplays 
      3.4.2 Restraints
               3.4.2.1 Design Issues 
               3.4.2.2 Lack of Awareness
      3.4.3 Opportunities
               3.4.3.1 Automotive Prototyping
               3.4.3.2 Cloud Computing 
3.5 Head Mounted Display Market: Distribution Channel Analysis 
3.6 Global Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (US$ Mn)
      3.6.1 Overview
      3.6.2 Helmet Mounted Display
               3.6.2.1 Global Helmet Mounted Display Market Revenue, 2012 – 2022 (US$ Mn)
      3.6.3 Head Mounted Computing/Wearable Glass
               3.6.3.1 Global Head Mounted Computing/Wearable Glass Market Revenue, 2012 – 2022 (US$ Mn)
3.7 Global Head Mounted Display Market Revenue, By End-use, 2012 – 2022 (US$ Mn) 
      3.7.1 Overview 
      3.7.2 Defense Services 
               3.7.2.1 Global Head Mounted Display Market for Defense Services, 2012 – 2022 (US$ Mn) 
               3.7.2.2 Military
               3.7.2.3 Air Force
               3.7.2.4 Navy
      3.7.3 Consumer Market 
               3.7.3.1 Global Head Mounted Display Market for Consumer Market, 2012 – 2022 (US$ Mn) 
               3.7.3.2 Augmented Reality
               3.7.3.3 Virtual Reality
               3.7.3.4 Video Gaming
      3.7.4 Others 
               3.7.4.1 Global Head Mounted Display Market for Other End-use Verticals, 2012 – 2022 (US$ Mn)
               3.7.4.2 Automation 
               3.7.4.3 Medical Practices
               3.7.4.4 Safety Services
               3.7.4.5 Sports 
               3.7.4.6 Others (Design, Police Force)
3.8 Global Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn)
      3.8.1 Overview 
      3.8.2 Security
      3.8.3 Training and Simulation
      3.8.4 Tracking 
      3.8.5 Imaging
3.9 Global Head Mounted Display Market Analysis, By Component, 2012 – 2022 (US$ Mn) 
      3.9.1 Overview 
      3.9.2 Goggles
      3.9.3 Relay Optics 
      3.9.4 Control Unit
      3.9.5 Accessories
      3.9.6 Head Trackers (Real Time Position Trackers)
      3.9.7 Battery
      3.9.8 Computing
      3.9.9 Pico Projector
               3.9.9.1 Digital Light Processing
               3.9.9.2 Liquid Crystal on Silicon (LCoS)
               3.9.9.3 Laser Beam Steering
      3.9.10 Other Components ( Helmet, Controller, Combined Mirror, Microdisplays)
3.10 Global Head Mounted Display Market Analysis, By Geography, 2012 – 2022 (US$Mn) 
      3.10.1 North America
               3.10.1.1 North America Head Mounted Display Market Revenue (US$ Mn) and Y-o-Y Growth (%), 2012 -2022 
      3.10.2 Europe
               3.10.2.1 Europe Head Mounted Display Market Revenue (US$ Mn) and Y-o-Y Growth (%), 2012 - 2022 
      3.10.3 Asia Pacific 
               3.10.3.1 Asia Pacific Head Mounted Display Market Revenue (US$ Mn) and Y-o-Y Growth (%), 2012 - 2022
      3.10.4 Latin America 
               3.10.4.1 Latin America Head Mounted Display Market Revenue (US$ Mn) and Y-o-Y Growth (%), 2012 - 2022 
      3.10.5 Middle East and Africa 
               3.10.5.1 Middle East Head Mounted Display Market Revenue (US$ Mn) and Y-o-Y Growth (%), 2012 - 2022
3.11 Competitive Landscape 
      3.11.1 Market Positioning of Key Players 
      3.11.2 Recommendations

Chapter 4 North America Head Mounted Display Market Analysis, 2012 – 2022
4.1 Key Trend Analysis 
4.2 Market Dynamics 
      4.2.1 Drivers, Restraints, and Opportunities
      4.2.2 North America Head Mounted Display Market Revenue Growth, 2012 –2022 (US$ Mn)
4.3 North America Head Mounted Display Market Analysis, By Product Type, 2012 –2022 
      4.3.1 Overview 
               4.3.1.1 Segment Share, 2012 – 2022 (Value %)
4.4 North America Head Mounted Display Market Analysis, By End-use, 2012 – 2022
      4.4.1 Overview 
               4.4.1.1 Segment Share, 2012 – 2022 (Value %) 
4.5 North America Head Mounted Display Market Analysis, By Application 
      4.5.1 Overview 
               4.5.1.1 Segment Share, 2012 – 2022 (Value %) 
4.6 North America Head Mounted Display Market Analysis, By Component, 2012 –2022
      4.6.1 Overview 
               4.6.1.1 Revenue Share, 2012 – 2022 (US$ Mn)
4.7 North America Head Mounted Display Market Segment Share, By Country, 2012 – 2022 (%)
      4.7.1 Overview 
               4.7.1.1 Revenue Share, 2012 – 2022 (US$ Mn)

Chapter 5 Europe Head Mounted Display Market Analysis, 2012 – 2022
5.1 Key Trend Analysis 
5.2 Market Dynamics 
      5.2.1 Drivers, Restraints, and Opportunities
      5.2.2 Europe Head Mounted Display Market Revenue Growth, 2012 –2022 (US$ Mn)
5.3 Europe Head Mounted Display Market Analysis, By Product Type, 2012 –2022 
      5.3.1 Overview 
               5.3.1.1 Segment Share, 2012 – 2022 (Value %)
5.4 Europe Head Mounted Display Market Analysis, By End-use, 2012 – 2022
      5.4.1 Overview 
               5.4.1.1 Segment Share, 2012 – 2022 (Value %) 
5.5 Europe Head Mounted Display Market Analysis, By Application 
      5.5.1 Overview 
               5.5.1.1 Segment Share, 2012 – 2022 (Value %) 
5.6 Europe Head Mounted Display Market Analysis, By Component, 2012 –2022
      5.6.1 Overview 
               5.6.1.1 Revenue Share, 2012 – 2022 (US$ Mn)
5.7 Europe Head Mounted Display Market Segment Share, By Country, 2012 – 2022 (%)
      5.7.1 Overview 
               5.7.1.1 Revenue Share, 2012 – 2022 (US$ Mn)

Chapter 6 Asia Pacific Head Mounted Display Market Analysis, 2012 – 2022
6.1 Key Trend Analysis 
6.2 Market Dynamics 
      6.2.1 Drivers, Restraints, and Opportunities
      6.2.2 Asia Pacific Head Mounted Display Market Revenue Growth, 2012 –2022 (US$ Mn)
6.3 Asia Pacific Head Mounted Display Market Analysis, By Product Type, 2012 –2022 
      6.3.1 Overview 
               6.3.1.1 Segment Share, 2012 – 2022 (Value %)
6.4 Asia Pacific Head Mounted Display Market Analysis, By End-use, 2012 – 2022
      6.4.1 Overview 
               6.4.1.1 Segment Share, 2012 – 2022 (Value %) 
6.5 Asia Pacific Head Mounted Display Market Analysis, By Application 
      6.5.1 Overview 
               6.5.1.1 Segment Share, 2012 – 2022 (Value %) 
6.6 Asia Pacific Head Mounted Display Market Analysis, By Component, 2012 –2022
      6.6.1 Overview 
               6.6.1.1 Revenue Share, 2012 – 2022 (US$ Mn)
6.7 Asia Pacific Head Mounted Display Market Segment Share, By Country, 2012 – 2022 (%)
      6.7.1 Overview 
               6.7.1.1 Revenue Share, 2012 – 2022 (US$ Mn)


Chapter 7 Middle-East and Africa Head Mounted Display Market Analysis, 2012 – 2022
7.1 Key Trend Analysis 
7.2 Market Dynamics 
      7.2.1 Drivers, Restraints, and Opportunities
      7.2.2 Middle-East and Africa Head Mounted Display Market Revenue Growth, 2012 –2022 (US$ Mn)
7.3 Middle-East and Africa Head Mounted Display Market Analysis, By Product Type, 2012 –2022 
      7.3.1 Overview 
               7.3.1.1 Segment Share, 2012 – 2022 (Value %)
7.4 Middle-East and Africa Head Mounted Display Market Analysis, By End-use, 2012 – 2022
      7.4.1 Overview 
               7.4.1.1 Segment Share, 2012 – 2022 (Value %) 
7.5 Middle-East and Africa Head Mounted Display Market Analysis, By Application 
      7.5.1 Overview 
               7.5.1.1 Segment Share, 2012 – 2022 (Value %) 
7.6 Middle-East and Africa Head Mounted Display Market Analysis, By Component, 2012 –2022
      7.6.1 Overview 
               7.6.1.1 Revenue Share, 2012 – 2022 (US$ Mn)
7.7 Middle-East and Africa Head Mounted Display Market Segment Share, By Country, 2012 – 2022 (%)
      7.7.1 Overview 
               7.7.1.1 Revenue Share, 2012 – 2022 (US$ Mn)

Chapter 8 Latin America Head Mounted Display Market Analysis, 2012 – 2022
8.1 Key Trend Analysis 
8.2 Market Dynamics 
      8.2.1 Drivers, Restraints, and Opportunities
      8.2.2 Latin America Head Mounted Display Market Revenue Growth, 2012 –2022 (US$ Mn)
8.3 Latin America Head Mounted Display Market Analysis, By Product Type, 2012 –2022 
      8.3.1 Overview 
               8.3.1.1 Segment Share, 2012 – 2022 (Value %)
8.4 Latin America Head Mounted Display Market Analysis, By End-use, 2012 – 2022
      8.4.1 Overview 
               8.4.1.1 Segment Share, 2012 – 2022 (Value %) 
8.5 Latin America Head Mounted Display Market Analysis, By Application 
      9.5.1 Overview 
               9.5.1.1 Segment Share, 2012 – 2022 (Value %) 
8.6 Latin America Head Mounted Display Market Analysis, By Component, 2012 –2022
      8.6.1 Overview 
               8.6.1.1 Revenue Share, 2012 – 2022 (US$ Mn)
8.7 Latin America Head Mounted Display Market Segment Share, By Country, 2012 – 2022 (%)
      8.7.1 Overview 
               8.7.1.1 Revenue Share, 2012 – 2022 (US$ Mn)

Chapter 9 Company Profiles
9.1 BAE Systems Plc
9.2 Elbit Systems Ltd
9.3 eMagin Corporation
9.4 Seiko Epson Corporation
9.5 Google, Inc.
9.6 NEC Corporation
9.7 Rockwell Collins, Inc.
9.8 Sensics, Inc.
9.9 Thales Group
9.10 Oculus VR, LLC
9.11 Vuzix Corporation
9.12 Sony Corporation
9.13 Kopin Corporation

List of Figures 

FIG. 1 Global Head Mounted Display Market: Market Segmentation 
FIG. 2 Global Head Mounted Display Market, By End-use Industry, 2013 (US$ Mn) 
FIG. 3 Global Head Mounted Display Market, By Product Type, 2013 (US$ Mn)
FIG. 4 Global Head Mounted Display Market, By Application, 2013 (US$ Mn)
FIG. 5 Global Head Mounted Display Market, By Geography, 2013 (US$ Mn)
FIG. 6 Global Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 7 Evolution of Head Mounted Displays
FIG. 8 Head Mounted Display Market: Distribution Channel Analysis
FIG. 9 Global Helmet Mounted Display Market Revenue, 2012 – 2022 (US$ Mn)
FIG. 10 Global Head Mounted Computing/Wearable Glass Market Revenue, 2012 – 2022 (US$ Mn)
FIG. 11 Global Head Mounted Display Market for Defense Services Revenue, 2012 – 2022 (US$ Mn)
FIG. 12 Global Head Mounted Display Market for Consumer Market Revenue, 2012 – 2022 (US$ Mn)
FIG. 13 Global Head Mounted Display Market for Other End-use Verticals, 2012 – 2022 (US$ Mn)
FIG. 14 North America Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 15 Europe Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 16 Asia Pacific Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 17 Latin America Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 18 Middle East and Africa Head Mounted Display Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 19 Competitive Positioning of Key Players, 2013
FIG. 20 North America Head Mounted Display Market Revenue Growth, 2012 – 2022 (US$ Mn)
FIG. 21 Europe Head Mounted Display Market Revenue Growth, 2012 – 2022 (US$ Mn)
FIG. 22 Asia Pacific Head Mounted Display Market Revenue Growth, 2012 – 2022 (US$ Mn)
FIG. 23 Middle East and Africa Head Mounted Display Market Revenue Growth, 2012 – 2022 (US$ Mn)
FIG. 24 Latin America Head Mounted Display Market Revenue Growth, 2012 – 2022 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Head Mounted Display Market, 2014 & 2022
TABLE 2 Impact Analysis of Drivers
TABLE 3 Impact Analysis of Restraints
TABLE 4 Global Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (US$ Mn)
TABLE 5 Global Head Mounted Display Market Revenue, By End-use, 2012 – 2022 (US$ Mn)
TABLE 6 Global Head Mounted Display Market for Defense Services, By Type, 2012 – 2022 (US$ Mn)
TABLE 7 Global Head Mounted Display Market for Consumer Market, By Type, 2012 – 2022 (US$ Mn)
TABLE 8 Global Head Mounted Display Market for Other End-use Verticals, By Type, 2012 – 2022 (US$ Mn)
TABLE 9 Global Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn)
TABLE 10 Global Head Mounted Display Market Analysis, By Components, 2012 – 2022 (US$ Mn) 
TABLE 11 North America Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %)
TABLE 12 North America Head Mounted Display Market Revenue, By Product Type, 2012 – 2022 (US$ Mn)
TABLE 13 North America Head Mounted Display Market Analysis, By End-Use, 2012 – 2022 (Value %)
TABLE 14 North America Head Mounted Display Market Revenue, By End-use, 2012 – 2022 (US$ Mn)
TABLE 15 North America Head Mounted Display Market Analysis, By Application, 2012 – 2022 (Value %)
TABLE 16 North America Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn)
TABLE 17 North America Head Mounted Display Market Analysis, By Components, 2012 –2022 (US$ Mn)
TABLE 18 North America Head Mounted Display Market Analysis, By Country, 2012 – 2022 (US$ Mn)
TABLE 19 Europe Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %)
TABLE 20 Europe Head Mounted Display Market Analysis, By Product Type, 2012 – 2022(Value %)
TABLE 21 Europe Head Mounted Display Market Analysis, By End-Use, 2012 – 2022 (Value %)
TABLE 22 Europe Head Mounted Display Market, By End-use, 2012 – 2022 (US$ Mn)
TABLE 23 Europe Head Mounted Display Market Analysis, By Application, 2012 – 2022 (Value %)
TABLE 24 Europe Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn)
TABLE 25 Europe Head Mounted Display Market Analysis, By Components, 2012 – 2022 (US$ Mn)
TABLE 26 Europe Head Mounted Display Market Analysis, By Country, 2012 – 2022 (US$ Mn)
TABLE 27 Asia Pacific Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %)
TABLE 28 Asia Pacific Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (US$ Mn)
TABLE 29 Asia Pacific Head Mounted Display Market Analysis, By End-Use, 2012 – 2022 (Value %)
TABLE 30 Asia Pacific Head Mounted Display Market, By End-use, 2012 – 2022 (US$ Mn)
TABLE 31 Asia Pacific Head Mounted Display Market Analysis, By Application, 2012 – 2022 (Value %)
TABLE 32 Asia Pacific Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn) 
TABLE 33 Asia Pacific Head Mounted Display Market Analysis, By Components, 2012 – 2022 (US$ Mn)
TABLE 34 Asia Pacific Head Mounted Display Market Analysis, By Country, 2012 – 2022 (US$ Mn) 
TABLE 35 Middle East and Africa Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %) 
TABLE 36 Middle East and Africa Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %) 
TABLE 37 Middle East and Africa Head Mounted Display Market Analysis, By End-Use, 2012 – 2022 (Value %)
TABLE 38 Middle East and Africa Head Mounted Display Market, By End-use, 2012 – 2022 (US$ Mn)
TABLE 39 Middle East and Africa Head Mounted Display Market Analysis, By Application, 2012 – 2022 (Value %) 
TABLE 40 Middle East and Africa Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn)
TABLE 41 Middle East and Africa Head Mounted Display Market Analysis, By Components, 2012 – 2022 (US$ Mn)
TABLE 42 Middle East Head Mounted Display Market Analysis, By Country, 2012 – 2022 (US$ Mn) 
TABLE 43 Latin America Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %)
TABLE 44 Latin America Head Mounted Display Market Analysis, By Product Type, 2012 – 2022 (Value %)
TABLE 45 Latin America Head Mounted Display Market Analysis, By End-Use, 2012 – 2022 (Value %) 
TABLE 46 Latin America Head Mounted Display Market, By End-use, 2012 – 2022 (US$ Mn)
TABLE 47 Latin America Head Mounted Display Market Analysis, By Application, 2012 – 2022 (Value %)
TABLE 48 Latin America Head Mounted Display Market Analysis, By Application, 2012 – 2022 (US$ Mn)
TABLE 49 Latin America Head Mounted Display Market Analysis, By Components, 2012 – 2022 (US$ Mn)
TABLE 50 Latin America Head Mounted Display Market Analysis, By Country, 2012 – 2022 (US$ Mn)

Free Market Analysis


A HMD (Head Mounted Display) is a head worn display device that includes a small display optic in front of either one (monocular head mounted displays) or each eye (binocular head mounted displays). The display optic projects virtual environment in front of wearer’s eye. In general, HMDs can be categorized into two basic categories namely ‘see-through’ HMDs and ‘look-at’ HMDs. The ‘look-at’ HMDs allow wearers to see only the CGI (Computer Generated Image) projected by the HMDs. On the contrary, ‘see-through’ HMDs allow superimposing of a CGI (Computer Generated Image) upon a real world view. The growing popularity for light-weight wearable computing devices has lead to the resurgence of head mounted displays in recent years.

Regulated demand from defense services, declining prices of microdisplays and increased penetration in consumer market are collectively fueling the market growth. However, lack of awareness and standard design specifications, especially in the emerging economies is expected to hamper the swift growth of HMDs in the beginning of forecast period. Use of HMDs for automotive prototyping in terms of virtually designing a vehicle or a car and evaluating the position of different parts provides a sound opportunity for the growth of HMD market.

North America accounted for the largest market revenue share in 2013, which can be attributed to growing preference for portable and wearable computing devices, especially in end-use verticals including defense, healthcare, and safety services. The Asia Pacific HMD market was valued at US$ 144.5 million in 2013, and is expected to be the fastest growing market in the coming years. Surging demand from consumer market, defense services, and medical practices is expected to drive demand in the region. With key advancements in display and computing technologies, the product (head mounted display) penetration is expected to gain momentum in the emerging economies during the latter half of forecast period. These advancements have extended the applications of head mounted displays to wide range of end-use verticals including medical practices, sports, automation, and consumer market among others.

Consumer market is expected to exhibit the fastest growth over the forecast period from 2014 to 2022. Advancements in display technologies with superior video capabilities like 3D view and high resolution is primarily responsible for the projected increase in demand for these devices. Defense services comprising military, navy, and air force was the largest end-use segment, accounting for around 73% of the total market revenue in 2013. In terms of product type, helmet mounted displays dominated the HMD market. However, wearable glass HMDs are expected to surpass helmet mounted displays in coming years owing to the inclination of users towards light weight head-worn display devices. 

Major industry participants include BAE Systems Plc, Elbit Systems Ltd., Vuzix Corporation, eMagin Corporation, Sony Corporation, Kopin Corporation, Rockwell Collins, and Seiko Epson Corporation, among others.

head-mounted-displays


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