The display technology profoundly influences the augmented and virtual reality experience. Too heavy display or low resolution may diminish the experience of the user. AR and VR devices are increasingly being utilized for industrial as well as leisure purposes. The display trends in the industry currently seen are digital light processing (DLP), micro-LED, organic light-emitting diode (OLED), and liquid crystal on silicon (LCOS), among others. The AR and VR display market is expected to witness sharp growth during the forecast period on account of heavy investments from tech giants.
MARKET DYNAMICS
The AR and VR display market is anticipated to grow in the forecast period owing to driving factors such as the rapid adoption of AR and VR devices coupled with the demand for OLED displays. Also, robust technological developments are likely to fuel market growth. However, the high cost of devices is a challenge for the growth of the AR and VR display market during the forecast period. Nevertheless, emerging display technologies and advancements in gaming are expected to create symbolic growth prospects for the players in the coming years.
MARKET SCOPE
The "Global AR and VR Display Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of AR and VR display market with detailed market segmentation by technology, device type, application, and geography. The global AR and VR display market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AR and VR display market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global AR and VR display market is segmented on the basis of technology, device type, and application. Based on technology, the market is segmented as Augmented Reality (AR) and Virtual Reality (VR). On the basis of the device type, the market is segmented as Head-mounted Display (HMD), Head-Up-Displays (HUD), and projectors. The market on the basis of the application is classified as manufacturing, healthcare, automotive, aerospace & defense, gaming & entertainment, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global AR and VR display market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The AR and VR display market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting AR and VR display market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the AR and VR display market in these regions.
MARKET PLAYERS
The reports cover key developments in the AR and VR display market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from AR and VR display market are anticipated to lucrative growth opportunities in the future with the rising demand for AR and VR display in the global market. Below mentioned is the list of few companies engaged in the AR and VR display market.
The report also includes the profiles of key AR and VR display companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Barco NV
- BOE Technology Group Co., Ltd.
- CREAL3D
- eMagin, Inc.
- Kopin Corporation
- LG Display Co Ltd
- Samsung
- Seiko Epson Corporation
- Sony Corporation
- Syndiant
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