Global AR-HMD Market Growth 2023-2029

Global AR-HMD Market Growth 2023-2029

The global AR-HMD market size is projected to grow from US$ 720.3 million in 2022 to US$ 4629.4 million in 2029; it is expected to grow at a CAGR of 4629.4 from 2023 to 2029.

Global key players of AR-HMD include Microsoft (Hololens), Magic Leap, Epson, Vuzix, Nreal, etc. The top five players hold a share over 31%. North America is the largest market, has a share about 48%, followed by Europe, and Asia-Pacific, with share 26% and 24%, separately. In terms of product type, based on waveguides is the largest segment, occupied for a share of 96%, and in terms of application, military has a share about 58 percent.

Augmented reality (AR) is an interactive experience that combines the real world and computer-generated content. The content can span multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory. AR can be defined as a system that incorporates three basic features: a combination of real and virtual worlds, real-time interaction, and accurate 3D registration of virtual and real objects. The overlaid sensory information can be constructive (i.e. additive to the natural environment), or destructive (i.e. masking of the natural environment). This experience is seamlessly interwoven with the physical world such that it is perceived as an immersive aspect of the real environment. In this way, augmented reality alters one's ongoing perception of a real-world environment, whereas virtual reality completely replaces the user's real-world environment with a simulated one. A head-mounted display (HMD) is a display device worn on the forehead, such as a harness or helmet-mounted. AR-HMDs can allow a computer-generated imagery (CGI) to be superimposed on real-world view. Combining real-world view with CGI can be done by projecting the CGI through a partially reflective mirror and viewing the real world directly. This method is often called optical see-through. Combining real-world view with CGI can also be done electronically by accepting video from a camera and mixing it electronically with CGI.

LPI (LP Information)' newest research report, the “AR-HMD Industry Forecast” looks at past sales and reviews total world AR-HMD sales in 2022, providing a comprehensive analysis by region and market sector of projected AR-HMD sales for 2023 through 2029. With AR-HMD sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AR-HMD industry.

This Insight Report provides a comprehensive analysis of the global AR-HMD landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AR-HMD portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global AR-HMD market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AR-HMD and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AR-HMD.

This report presents a comprehensive overview, market shares, and growth opportunities of AR-HMD market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Based on Waveguides
Based on Curved Mirrors

Segmentation by application
Military
Government
Civilian-commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Microsoft (Hololens)
Magic Leap
Epson
Vuzix
Nreal
FFalcon Technology
Rokid
INMO
Dream Glass
Superhexa

Key Questions Addressed in this Report

What is the 10-year outlook for the global AR-HMD market?

What factors are driving AR-HMD market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do AR-HMD market opportunities vary by end market size?

How does AR-HMD break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.