PUBLISHER: Value Market Research | PRODUCT CODE: 1392361
PUBLISHER: Value Market Research | PRODUCT CODE: 1392361
The global demand for Near-Eye Display Market is presumed to reach the market size of nearly USD 12.51 BN by 2030 from USD 2.01 BN in 2022 with a CAGR of 25.7% under the study period 2023 - 2030.
Near-Eye displays are gaining popularity in emerging fields such as virtual reality (VR), augmented reality (AR), and wearable computing. Near-Eye displays (NED) are also referred to as wearable displays, and head-mounted displays (HMD). NED is gaining huge traction among the various end-use industries such as consumer, automotive, aerospace & defense, medical, and many others. NED can create novel experiences that have the potential to revolutionize applications in aerospace & defense, medical, automotive, consumer, and a variety of other industries.
With the advancements in the healthcare sector, the medical industry is likely to be the fastest-growing market for near-eye displays. Moreover, technological advancements include VR diagnostics, VR surgery, and AR for visualization and training assistance. Further, the small form factor, lightweight, high portability, less power consumption, and the ability to see-through are some of the key advantages of near-eye display solutions boosting its demand. Besides that, the high usage of smartphones, rising consumption of smart electronic devices, and the surging demand for AR and VR technologies in healthcare applications also boost the near-eye display market growth. However, several health issues associated with excessive use of AR and VR devices impede the market's growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of near-eye display. The growth and trends of near-eye display industry provide a holistic approach to this study.
This section of the near-eye display market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Near-Eye Display market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the near-eye display market include Sony Group Corporation (Japan), Himax Technologies, Inc. (Taiwan), Kopin Corporation (US), eMagin Corporation (US), MICROOLED Technologies (France), BOE Technology Group Co., Ltd. (China), Syndiant, Inc. (US), Plessey (England), JBD Xianyao Display Technology (China), TriLite Technologies GmbH (Austria). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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