Global EXtended Reality (XR) Optics and Display Market Growth (Status and Outlook) 2024-2030
EXtended Reality (XR) is a ‘catch-all’ term for technologies that enhance or replace our view of the world. This is often through overlaying or immersing computer text and graphics into real-world and virtual environments, or even a combination of both. XR encompasses augmented reality (AR), virtual reality (VR), and mixed reality (MR). While all three ‘realities’ share common overlapping features and requirements, each has different purposes and underlying technologies. Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) have emerged as game-changing advancements in the constantly evolving world of technology. Due to their ability to provide new levels of engagement and experience, these immersive technologies have become extremely popular. Optics and display technologies, which enable the seamless merging of virtual and real worlds, are essential to the development of virtual reality. The quality of AR, VR, and MR experiences has improved due to rapid improvements in display and optical technologies.
The global EXtended Reality (XR) Optics and Display market size is projected to grow from US$ 1791 million in 2024 to US$ 6522 million in 2030; it is expected to grow at a CAGR of 24.0% from 2024 to 2030.
LPI (LP Information)' newest research report, the “EXtended Reality (XR) Optics and Display Industry Forecast” looks at past sales and reviews total world EXtended Reality (XR) Optics and Display sales in 2022, providing a comprehensive analysis by region and market sector of projected EXtended Reality (XR) Optics and Display sales for 2023 through 2029. With EXtended Reality (XR) Optics and Display sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EXtended Reality (XR) Optics and Display industry.
This Insight Report provides a comprehensive analysis of the global EXtended Reality (XR) Optics and Display landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on EXtended Reality (XR) Optics and Display portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EXtended Reality (XR) Optics and Display market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EXtended Reality (XR) Optics and Display 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 EXtended Reality (XR) Optics and Display.
The entertainment sector has also provided a great opportunity pertaining to the increasing number of shows displayed on the screens. The healthcare sector has also provided a boost to the market pertaining to get requirement of high resolution displays while performing orthopedic surgeries, neurological procedures and cardiac surgeries. The accuracy of the displays helps to have a maximum success rate. The education sector provides a great scope to the market owing to he increasing shift of the system to smart devices and techniques which are adopted by the institutions. Military and defense service a make use of these technologies and obtain accurate coordinates and pictures through the satellites, thus proving to be an inevitable equipment in the defense system.
This report presents a comprehensive overview, market shares, and growth opportunities of EXtended Reality (XR) Optics and Display market by product type, application, key players and key regions and countries.
Segmentation by Type:
AR/MR Optics
VR Optics
AR/MR Micro-displays
VR Micro-displays
Segmentation by Application:
Commercial Applications
Individual Consumer
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
Segmentation by Type:
AR/MR Optics
VR Optics
AR/MR Micro-displays
VR Micro-displays
Segmentation by Application:
Commercial Applications
Individual Consumer
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.
Blippar
Google LLC
EON Reality Inc.
Hewlett-Packard Company
Awe.org Pty Ltd (Buildar.com)
Zapper Limited
Virtalis Limited
Samsung Group
Facebook Inc.
Terminal Eleven (SkyView)
Wikitude GmbH
Sony Corporation
Microsoft Corporation
Magic Leap Inc
HTC Corporation
Augmented Pixels Inc.
DAQRI LLC
PTC Inc.
Visteon Corporation
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