- Head Mounted
- Eyewear
Head-Mounted Display (HMD) Market size was valued at USD 6.7 billion in 2023 and is expected to grow at a significant CAGR of 32% from 2024-2030 owing to increased adoption of virtual reality and augmented reality technologies coupled with the availability of low-cost HMDs in the market and rising investments by the market players fuel the growth of the market. Moreover, growing demand for lightweight HMDs and portable devices and rising patent portfolio drive the growth of the market. However, Limited battery life of HMDs and lack of standardization of HMD designs hampers the growth of the market over the forecast years. This report gives comprehensive outlook on Head-mounted display (HMD) across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This report gives historical, current, and future market sizes (US$ Mn) on the basis of product, application, technology, connectivity, component, and region.
This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, this report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global Head-mounted display (HMD) market to better equip clients with possible investment opportunities across the regions (regional Investment hot spots) and market unmet needs (Product Opportunities). Key stakeholders of the global Head-mounted display (HMD) market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global Head-mounted display (HMD) products.
Head Mounted Display Hmd Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
32%
Largest Market
APAC
Fastest Growing Market
North America
Head-Mounted Display (HMD) Market Dynamics
The increasing demand for VR headsets for gaming applications and their properties such as light weight and available at affordable price drives the growth of the market for HMDs. Vendors focusing on the development of smaller and light weight HMD that eliminates the barriers to provide an effective VR experience. The consumer application in HMDs market is expected to be the fastest growing segment over the forecast years.
Asia Pacific got significant share
Head-Mounted Display (HMD) Market Regional Analysis
Asia Pacific accounted for larger revenue share in global Head-mounted display (HMD) market with significant CAGR owing to growing adoption of VR headsets in the consumer and entertainment application is one of the main reasons for the growth of the HMD market in APAC. Continuous developments in the consumer application would enable the region to adopt AR and VR HMDs. Presence of large number of market players in the APAC and launch of various products fuels the growth of the market. North America and Europe are expected to show the significant growth rate over the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Head Mounted Display Hmd Market Segmentation
By Product
By Application
- Medical
- Commercial
- Consumer
- Enterprise & Industry
- Engineering & Design
- Military
- Others
By Technology
- Virtual Reality (VR)
- Augmented Reality (AR)
Frequently Asked Questions
The head mounted display hmd market size was valued at USD 6.7 billion in 2023
The head mounted display hmd market key players are: Kopin Corporation (US) Sony Corporation (Japan) Samsung Electronics Co., Ltd. (South Korea) HTC Corporation (Taiwan) Oculus VR, LLC (US) Microsoft Corporation (US) BAE Systems, Inc. (US) Seiko Epson Corporation (Japan) Google Inc. (US) Osterhout Design Group (US) Recon Instruments, Inc. (Canada) Rockwell Collins, Inc. (US) Sensics, Inc. (US) Thales Visionix, Inc. (US) Vuzix Corporation (US)
The head mounted display hmd market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Head-Mounted Display (HMD) Market Introduction |
| 2.1.Global Head-Mounted Display (HMD) Market - Taxonomy |
| 2.2.Global Head-Mounted Display (HMD) Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Application |
| 2.2.3.Technology |
| 2.2.4.Region |
| 3. Global Head-Mounted Display (HMD) Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Head-Mounted Display (HMD) Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Head-Mounted Display (HMD) Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Head Mounted |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Eyewear |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Head-Mounted Display (HMD) Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Medical |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Commercial |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Consumer |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Enterprise & Industry |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Engineering & Design |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Military |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7. Global Head-Mounted Display (HMD) Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Virtual Reality (VR) |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Augmented Reality (AR) |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Head-Mounted Display (HMD) Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Head-Mounted Display (HMD) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Head Mounted |
| 9.1.2.Eyewear |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Medical |
| 9.2.2.Commercial |
| 9.2.3.Consumer |
| 9.2.4.Enterprise & Industry |
| 9.2.5.Engineering & Design |
| 9.2.6.Military |
| 9.2.7.Others |
| 9.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Virtual Reality (VR) |
| 9.3.2.Augmented Reality (AR) |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Head-Mounted Display (HMD) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Head Mounted |
| 10.1.2.Eyewear |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Medical |
| 10.2.2.Commercial |
| 10.2.3.Consumer |
| 10.2.4.Enterprise & Industry |
| 10.2.5.Engineering & Design |
| 10.2.6.Military |
| 10.2.7.Others |
| 10.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Virtual Reality (VR) |
| 10.3.2.Augmented Reality (AR) |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Head-Mounted Display (HMD) Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Head Mounted |
| 11.1.2.Eyewear |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Medical |
| 11.2.2.Commercial |
| 11.2.3.Consumer |
| 11.2.4.Enterprise & Industry |
| 11.2.5.Engineering & Design |
| 11.2.6.Military |
| 11.2.7.Others |
| 11.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Virtual Reality (VR) |
| 11.3.2.Augmented Reality (AR) |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Head-Mounted Display (HMD) Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Head Mounted |
| 12.1.2.Eyewear |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Medical |
| 12.2.2.Commercial |
| 12.2.3.Consumer |
| 12.2.4.Enterprise & Industry |
| 12.2.5.Engineering & Design |
| 12.2.6.Military |
| 12.2.7.Others |
| 12.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Virtual Reality (VR) |
| 12.3.2.Augmented Reality (AR) |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Head-Mounted Display (HMD) Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Head Mounted |
| 13.1.2.Eyewear |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Medical |
| 13.2.2.Commercial |
| 13.2.3.Consumer |
| 13.2.4.Enterprise & Industry |
| 13.2.5.Engineering & Design |
| 13.2.6.Military |
| 13.2.7.Others |
| 13.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Virtual Reality (VR) |
| 13.3.2.Augmented Reality (AR) |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Kopin Corporation (US) |
| 14.2.2.Sony Corporation (Japan) |
| 14.2.3.Samsung Electronics Co., Ltd. (South Korea) |
| 14.2.4.HTC Corporation (Taiwan) |
| 14.2.5.Oculus VR, LLC (US) |
| 14.2.6.Microsoft Corporation (US) |
| 14.2.7.BAE Systems, Inc. (US) |
| 14.2.8.Seiko Epson Corporation (Japan) |
| 14.2.9.Google Inc. (US) |
| 14.2.10.Osterhout Design Group (US) |
| 14.2.11.Recon Instruments, Inc. (Canada) |
| 14.2.12.Rockwell Collins, Inc. (US) |
| 14.2.13.Sensics, Inc. (US) |
| 14.2.14.Thales Visionix, Inc. (US) |
| 14.2.15.Vuzix Corporation (US) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Kopin Corporation (US)
- Sony Corporation (Japan)
- Samsung Electronics Co., Ltd. (South Korea)
- HTC Corporation (Taiwan)
- Oculus VR, LLC (US)
- Microsoft Corporation (US)
- BAE Systems, Inc. (US)
- Seiko Epson Corporation (Japan)
- Google Inc. (US)
- Osterhout Design Group (US)
- Recon Instruments, Inc. (Canada)
- Rockwell Collins, Inc. (US)
- Sensics, Inc. (US)
- Thales Visionix, Inc. (US)
- Vuzix Corporation (US)