Title: Head Mounted Display Market From 2012 To 2017
1MarketsandMarkets Presents
Head Mounted Display Market From 2012 To 2017
2- According to a new market research report Head
Mounted Display (HMD) Market Global Forecast and
Analysis (2012 - 2017) by Products (Helmet
Mounted Display, Head Mounted Display/Computing),
Components (Micro display, Tracker, Computing,
Battery, Accessories,), Applications (Military,
Consumer And Non-Consumer) and Geography, the
head mounted displays market, on the whole, is
expected to reach 4478 million by 2017 at a CAGR
of 60 from 2012 to 2017.. - Browse more than 68 tables and in-depth TOC on
Head Mounted Displays Market.http//www.markets
andmarkets.com/Market-Reports/head-mounted-display
-hmd-market-729.html
3-
- Head mounted displays are amongst the most
prominent products of the near-to-eye
applications that have micro displays installed.
The demand for these is on the rise due to the
video gaming and augmented reality applications
hitting the market in the next couple of years. - The commercial as well as the revamped HMDs used
in gaming and entertainment justify the
exorbitant marketing that governs the HMD market.
In addition, there are certain constructive uses
other than recreation for HMDs, including medical
head mounted displays for work in telerobotic
surgery and psychological treatment of phobias.
4- The key factors driving the head mounted
displays market include improved user experience,
connectivity to the content, video gaming sector,
regulated defense market, decline in cost of
micro displays and components and acceptance of
QVGA resolution by the consumers. On the other
side, lack of technical solution and prices for
consumer and non-consumer market restrain the
market growth of head mounted displays. In terms
of revenue generation, as of 2011, Americas held
the highest share, i.e. 37.5, followed by Europe
with 34.82. - Currently, head mounted displays are used in
military and defense, gaming, medical,
healthcare, firefighting, and sports. Automotive
prototyping, digital printing, and data storage
are a few opportunities expected to open new
horizons for the development of this market.
Overall, North America and Europe are the major
contributors in the head mounted displays
application market, but a paradigm shift is
expected in the next five years when countries
such as Japan, China, and South Korea will have a
major chunk in the market share of virtual
reality/head mounted displays market.
5- Amongst the various end-user applications under
the head mounted displays, the classification was
done on the basis of consumer and non-consumer
applications. Amongst the consumer applications,
video gaming is expected to grow at a faster CAGR
of 151.7 with an estimated market size of 662
million in 2017. In the non-consumer market
(encapsulating training and simulation,
industrial, healthcare, firefighting and sports),
sports is expected to increase with the highest
CAGR of 96 followed by healthcare and
firefighting growing with CAGRs of 95. - The global head mounted displays market is
expected to grow from 336 million in 2011 to
4478 million in 2017 at a CAGR of 60 from 2012
to 2017. Asia-Pacific region is observed to grow
at the highest rate. This is primarily due to the
growth of technology and setting up of the
manufacturing units of the major players in this
region owing to the skilled labor force and low
cost of maintaining them.
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