The global head mounted display market is anticipated to grow at a significant CAGR of nearly 35.0% during the forecast period (2024-2031). The market growth of the global head mounted display market is primarily driven by the rising application in end-user sectors. Head mounted displays has been gaining significance in military applications. Head mounted display offers situational awareness to the user while estimating real-time, critical flight and mission information overlay onto their vision of the external world. The flight information ranges from horizon line, airspeed, and altitude, to the angle of attack, flight path vector, turn/bank indicators, and more. As compared to the head-up display that is used in corporate, commercial, and military aviation, head mounted displays are utilized almost exclusively in military aircraft.
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Head mounted display is a light weighted device with several features that comprises eye-tracking and abilities for multi-focus plane, which supports operational activities regarding military and aircraft training in terms of the virtual environment. Head mounted displays in military applications usually does not highlight video or media, however, they provide certain related information along with tracking for displaying the vehicle used for head-up display. The most advanced head mounted displays continue to get less bulky and lighter, which aims to minimize pilots’ fatigue and workload. In addition, it offers pilots with effective, more real-time realistic imagery to increase their situational awareness and support their missions.
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Market Coverage
- Segment Covered-
o By Application
o By Technology
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Head Mounted Display Market-Segmentation
By Application
- Entertainment
- Commercial
- Medical
- Military and Defense
- Education
- Industrial
- Others
By Technology
- Virtual Reality
- Augmented Reality
Company Profiles
- Acer Inc.
- Cinoptics
- Collins Aerospace (Raytheon Technologies)
- Elbit Systems Ltd.
- Excelitas Technologies Corp.
- Facebook, Inc.
- HTC Corp.
- Kopin Corp.
- Magic Leap Inc.
- Seiko Epson Corp.
- Sensics, Inc.
- Thales Defense & Security, Inc.
- Trivisio Prototyping Gmbh
- Vufine, Inc.
- Vuzix Corp.
- WorldViz, Inc.
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