Head-Mounted Display Market by Technology (AR, VR), Application (Consumer, Commercial, Enterprise & Industry, Engineering & Design, Military, Medical), Product (Head Mounted, Eyewear), Component, Connectivity, and Geography - Global Forecast to 2022

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Date: 20-Jun-2017
No. of pages: 192
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“HMD market expected to grow at a CAGR of 38.8% between 2017 and 2022”

The HMD market was valued at USD 3.25 billion in 2016 and is expected to reach USD 25.01 billion by 2022, at a CAGR of 38.8% between 2017 and 2022. Increasing adoption of AR and VR technologies, growing investment by major players, and availability of low-cost HMDs are the major drivers for the HMD market. Factors such as lack of standardization for HMD design and limited battery life restrain the growth of the HMD market.

“HMD market for enterprise and industry application expected to grow at highest CAGR during forecast period”

The market for enterprise and industry application is expected to grow at the highest CAGR between 2017 and 2022. In the enterprise and industry application, AR HMDs can be used for various purposes, such as manufacturing space design, assembling processes, assessing the quality of goods, warehouse picking, and training workers. Many companies are using smart glasses in their warehouses and manufacturing plants. Increasing interest of enterprises to adopt AR HMDs is expected to drive the market for HMDs.

“Virtual reality technology held largest share of HMD market in 2016”

Virtual reality technology held the largest share of the HMD market in 2016.VR provides the user with an immersive experience, usually through the help of a VR headset, such as Oculus Rift and Samsung Gear. The increasing number of players entering into the market with offerings of HMDs at low cost is one of the major reasons for the wide adoption of VR headsets.

“HMD market in APAC expected to grow at highest CAGR during forecast period”

The HMD market in APAC is expected to grow at the highest CAGR between 2017 and 2022. In China, the HMD market is growing as it has one of the largest consumer electronics market in APAC. The growing number of start-ups and increasing presence of international firms in China working to offer innovative products; government support to explore opportunities for AR and VR technologies; and availability of low-cost headsets are the main factors responsible for the market growth.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below:


  • By Company Type: Tier 1 – 32%, Tier 2 – 48%, and Tier 3 – 20%

  • By Designation: C-Level Executives – 35%, Directors– 44%, and Others – 21%

  • By Region: Americas–40%, Europe – 23%, APAC – 30%, and RoW– 7%


Major players operating in the HMD market are Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), HTC Corporation (Taiwan), Microsoft Corporation (US), Oculus VR, LLC (US), BAE Systems, Inc. (US), Seiko Epson Corporation (Japan), Google Inc. (US), Kopin Corporation (US), Osterhout Design Group (US), Recon Instruments, Inc. (Canada), Rockwell Collins, Inc. (US), Sensics, Inc. (US), Thales Visionix, Inc. (US), and Vuzix Corporation (US).

Research Coverage:

The report defines, describes, and forecasts the HMD market on the basis of HMD type, component, connectivity, product type, application, technology, and geography. It provides detailed information regarding the major factors influencing the growth of the HMD market (drivers, restraints, opportunities, and industry-specific challenges). It also analyzes the competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches carried out by key players to grow in the market.

Reasons to Buy the Report:


  • Illustrative segmentation, analysis, and forecast pertaining to the HMD market based on HMD type, component, connectivity, application, technology, and geography have been conducted to provide an overall view of the HMD market.

  • Major drivers, restraints, opportunities, and challenges for the HMD market have been detailed in this report.

  • The report includes a detailed competitive landscape of the key players in the market and their revenues.

Head-Mounted Display Market by Technology (AR, VR), Application (Consumer, Commercial, Enterprise & Industry, Engineering & Design, Military, Medical), Product (Head Mounted, Eyewear), Component, Connectivity, and Geography - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.2.4 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Head-Mounted Display Market, 2017–2022 (USD Billion)
4.2 HMD Market, By Technology
4.3 HMD Market, By Region and Application (2016)
4.4 HMD Market: Geographic Snapshot, 2016

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Investments By Major Players
5.2.1.2 Increased Adoption of AR and VR Technologies
5.2.1.3 Availability of Low-Cost Hmds
5.2.2 Restraints
5.2.2.1 Lack of Standardization for HMD Design
5.2.2.2 Limited Battery Life
5.2.3 Opportunities
5.2.3.1 Growing Use of Hmds for Gaming in Consumer Application
5.2.3.2 Increasing Patent Portfolio
5.2.3.3 Increasing Demand for Lightweight Hmds and Portable Devices
5.2.4 Challenges
5.2.4.1 Low Awareness About Hmds

6 Types of Head-Mounted Displays
6.1 Introduction
6.2 Slide-On Hmds
6.3 Discrete Hmds
6.4 Integrated Hmds

7 Head-Mounted Display Market, By Technology
7.1 Introduction
7.2 Augmented Reality
7.3 Virtual Reality

8 Head-Mounted Display Market, By Application
8.1 Introduction
8.2 Consumer
8.2.1 Gaming
8.2.2 Entertainment
8.2.3 Others
8.3 Commercial
8.3.1 Advertising, Marketing, and Branding
8.3.2 Retail
8.3.3 Tourism
8.3.4 Use Cases
8.4 Enterprise and Industry
8.4.1 Virtual Interviews
8.4.2 Virtual Training Sessions
8.4.3 Virtual Meetings
8.4.4 On-The-Job Training to Field Workers
8.4.5 Warehouse
8.4.6 Emergency Response
8.4.7 Operation and Assembly
8.4.8 Maintenance and Inspection
8.4.9 Field Repair Services
8.4.10 Freight Loading and Transportation
8.5 Engineering & Design
8.5.1 Design
8.5.2 Architecture
8.5.3 Use Cases
8.6 Military, Defense, and Aerospace
8.7 Medical
8.7.1 Training
8.7.2 Treatment and Surgery
8.7.3 Patients
8.8 Education
8.8.1 Video Guide
8.8.2 Streaming Lessons
8.8.3 Remote Teaching
8.8.4 Virtual Scenarios
8.8.5 Virtual Classrooms
8.9 Others
8.9.1 Sports
8.9.2 Space
8.9.3 Fashion
8.9.4 Journalism

9 Head-Mounted Display Market, By Product Type
9.1 Introduction
9.2 Head Mounted
9.3 Eyewear

10 Head-Mounted Display Market, By Component
10.1 Introduction
10.2 Processor and Memory
10.3 Controller
10.4 Sensor
10.4.1 Magnetometers
10.4.2 Accelerometers
10.4.3 Gyroscopes
10.4.4 Proximity Sensors
10.5 Camera
10.6 Display
10.7 Lens
10.8 Case and Connector
10.9 Others

11 Head-Mounted Display Market, By Connectivity
11.1 Introduction
11.2 Wired
11.3 Wireless

12 Geographic Analysis
12.1 Introduction
12.2 Americas
12.2.1 North America
12.2.1.1 US
12.2.1.2 Canada
12.2.1.3 Mexico
12.2.2 South America
12.3 Europe
12.3.1 UK
12.3.2 Germany
12.3.3 France
12.3.4 Italy
12.3.5 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 Australia
12.4.5 South Korea
12.4.6 Rest of APAC
12.5 RoW
12.5.1 Middle East
12.5.2 Africa

13 Competitive Landscape
13.1 Introduction
13.2 Market Ranking Analysis
13.3 Vendor Dive Overview
13.3.1 Vanguards
13.3.2 Dynamic Players
13.3.3 Innovators
13.3.4 Emerging Players
13.4 Analysis of Product Offerings of Major Players in HMD Market
13.5 Analysis of Business Strategies of Major Players in HMD Market

Top 25 Companies Analyzed for This Study are - Google Inc. (US), Oculus VR, LLC (US), Sony Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Microsoft Corporation (US), Bae Systems, Inc. (US), Elbit Systems Ltd. (Israel), Fujitsu Ltd. (Japan), HTC Corporation (Taiwan), Huawei Technologies Co., Ltd (China), Lg Electronics Inc. (South Korea), Optinvent S.A. (France), Osterhout Design Group (US), Recon Instruments, Inc. (Canada), Rockwell Collins, Inc. (US), Seiko Epson Corporation (Japan), Thales Visionix, Inc. (US), Avegant Corporation (US), Fove, Inc. (US), Magic Leap, Inc. (US), Castar (US), Cinoptics (Netherlands), Kopin Corporation, Inc.(US), Vuzix Corporation (US), Sensics, Inc. (US)

14 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Relationships, Recent Developments)*
14.1 Introduction
14.2 Samsung Electronics Co., Ltd.
14.3 Sony Corporation
14.4 HTC Corporation
14.5 Oculus VR, LLC
14.6 Microsoft Corporation
14.7 Bae Systems, Inc.
14.8 Google Inc.
14.9 Kopin Corporation, Inc.
14.10 Osterhout Design Group
14.11 Recon Instruments, Inc.
14.12 Rockwell Collins, Inc.
14.13 Seiko Epson Corporation
14.14 Sensics, Inc.
14.15 Thales Visionix, Inc.
14.16 Vuzix Corporation
14.17 Start-Up Ecosystem
14.17.1 Avegant Corporation
14.17.2 Beijing Antvr Technology Co., Ltd.
14.17.3 Fove, Inc.
14.17.4 Magic Leap, Inc.
14.17.5 Shoogee GmbH & Co. Kg

*Details on Business Overview, Products Offered & Services Strategies, Key Relationships, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Introducing RT: Real-Time Market Intelligence
15.5 Available Customizations
15.6 Related Reports
15.7 Author Details

List of Tables

Table 1 Head-Mounted Display Market, By Technology, 2014–2022 (USD Million)
Table 2 HMD Market, By Technology, 2014–2022 (Million Units)
Table 3 Head-Mounted Display Market for Augmented Reality, 2014–2022
Table 4 AR HMD Market, By Region, 2014–2022 (USD Million)
Table 5 AR HMD Market for Enterprise and Industry Application, By Region, 2014–2022 (USD Million)
Table 6 AR Head-Mounted Display Market for Commercial Application, By Region, 2014–2022 (USD Million)
Table 7 AR HMD Market for Engineering and Design Application, By Region, 2014–2022 (USD Million)
Table 8 AR HMD Market for Military, Defense, and Aerospace Application, By Region, 2014–2022 (USD Million)
Table 9 AR HMD Market for Medical Application, By Region, 2014–2022 (USD Million)
Table 10 AR HMD Market for Consumer Application, By Region, 2014–2022 (USD Million)
Table 11 AR HMD Market for Education Application, By Region, 2014–2022 (USD Million)
Table 12 AR HMD Market for Other Applications, By Region, 2014–2022 (USD Million)
Table 13 HMD Market for Virtual Reality, 2014–2022
Table 14 VR Head-Mounted Display Market, By Region, 2014–2022 (USD Million)
Table 15 VR HMD Market for Consumer Application, By Region, 2014–2022 (USD Million)
Table 16 VR HMD Market for Commercial Application, By Region, 2014–2022 (USD Million)
Table 17 VR HMD Market for Enterprise and Industry Application, By Region, 2014–2022 (USD Million)
Table 18 VR HMD Market for Engineering and Design Application, By Region, 2014–2022 (USD Million)
Table 19 VR HMD Market for Military, Defense, and Aerospace Application, By Region, 2014–2022 (USD Million)
Table 20 VR HMD Market for Medical Application, By Region, 2014–2022 (USD Million)
Table 21 VR HMD Market for Education Application, By Region, 2014–2022 (USD Million)
Table 22 VR HMD Market for Other Applications, By Region, 2014–2022 (USD Million)
Table 23 Head-Mounted Display Market, By Application, 2014–2022 (USD Million)
Table 24 HMD Market for Augmented Reality, By Application, 2014–2022 (USD Million)
Table 25 HMD Market for Virtual Reality, By Application, 2014–2022 (USD Million)
Table 26 HMD Market for Consumer Application, By Technology, 2014–2022 (USD Million)
Table 27 HMD Market for Consumer Application, By Region, 2014–2022 (USD Million)
Table 28 HMD Market for Commercial Application, By Technology, 2014–2022 (USD Million)
Table 29 HMD Market for Commercial Application, By Region, 2014–2022 (USD Million)
Table 30 HMD Market for Enterprise and Industry Application, By Technology, 2014–2022 (USD Million)
Table 31 HMD Market for Enterprise and Industry Application, By Region, 2014–2022 (USD Million)
Table 32 HMD Market for Engineering & Design Application, By Technology, 2014–2022 (USD Million)
Table 33 HMD Market for Engineering and Design Application, By Region, 2014–2022 (USD Million)
Table 34 HMD Market for Military, Defense, and Aerospace Application, By Technology, 2014–2022 (USD Million)
Table 35 HMD Market for Military, Defense, and Aerospace Application, By Region, 2014–2022 (USD Million)
Table 36 HMD Market for Medical Application, By Technology, 2014–2022 (USD Million)
Table 37 HMD Market for Medical Application, By Region, 2014–2022 (USD Million)
Table 38 Head-Mounted Display Market for Education Application, By Technology, 2014–2022 (USD Million)
Table 39 HMD Market for Education Application, By Region, 2014–2022 (USD Million)
Table 40 HMD Market for Other Applications, By Technology, 2014–2022 (USD Million)
Table 41 HMD Market for Other Applications, By Region, 2014–2022 (USD Million)
Table 42 HMD Market, By Product Type, 2014–2022 (USD Million)
Table 43 HMD Market, By Component, 2014–2022 (USD Million)
Table 44 HMD Market Size in Terms of Value and Volume, 2014–2022
Table 45 HMD Market, By Connectivity, 2014–2022 (USD Million)
Table 46 HMD Market, By Region, 2014–2022 (USD Million)
Table 47 Head-Mounted Display Market in Americas, By Region, 2014–2022 (USD Million)
Table 48 HMD Market in Americas, By Technology, 2014–2022 (USD Million)
Table 49 HMD Market in Americas, By Application, 2014–2022 (USD Million)
Table 50 Head-Mounted Display Market in North America, By Country, 2014–2022 (USD Million)
Table 51 HMD Market in North America, By Technology, 2014–2022 (USD Million)
Table 52 HMD Market in South America, By Technology, 2014–2022 (USD Million)
Table 53 Head-Mounted Display Market in Europe, By Country, 2014–2022 (USD Million)
Table 54 HMD Market in Europe, By Technology, 2014–2022 (USD Million)
Table 55 HMD Market in Europe, By Application, 2014–2022 (USD Million)
Table 56 Head-Mounted Display Market in APAC, By Country, 2014–2022 (USD Million)
Table 57 HMD Market in APAC, By Technology, 2014–2022 (USD Million)
Table 58 HMD Market in APAC, By Application, 2014–2022 (USD Million)
Table 59 HMD Market in RoW, By Region, 2014–2022 (USD Million)
Table 60 HMD Market in RoW, By Technology, 2014–2022 (USD Million)
Table 61 HMD Market in RoW, By Application, 2014–2022 (USD Million)
Table 62 HMD Market Ranking, 2016

List of Figures

Figure 1 Head-Mounted Display Market Segmentation
Figure 2 Research Flow
Figure 3 HMD Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions for the Research Study
Figure 8 Virtual Reality Technology Expected to Dominate HMD Market During Forecast Period
Figure 9 Consumer Application Expected to Dominate HMD Market During Forecast Period
Figure 10 HMD Market, By Geography, 2016
Figure 11 Growth Opportunities for HMD Market Between 2017 and 2022
Figure 12 HMD Market for AR Technology Expected to Grow at the Highest CAGR During Forecast Period
Figure 13 Consumer Application Held Major Share of HMD Market in 2016
Figure 14 HMD Market in APAC Expected to Grow at the Highest CAGR During Forecast Period
Figure 15 Increasing Investments By Major Players and Adoption of AR and VR Technologies Drive HMD Market
Figure 16 HMD Market for Augmented Reality Expected to Grow at the Highest CAGR During Forecast Period
Figure 17 VR HMDs Expected to Dominate the Market in Terms of Volume During Forecast Period
Figure 18 Americas Expected to Dominate AR HMD Market for Enterprise and Industry Application By 2022
Figure 19 AR HMD Market for Commercial Application in APAC Expected to Grow at the Highest CAGR During Forecast Period
Figure 20 APAC Expected to Lead AR HMD Market for Engineering and Design Application By 2022
Figure 21 APAC Expected to Dominate VR HMD Market By 2022
Figure 22 VR HMD Market for Consumer Application in APAC Anticipated to Grow at the Highest CAGR During Forecast Period
Figure 23 VR HMD Market for Commercial Application in APAC Expected to Grow at the Highest CAGR During Forecast Period
Figure 24 Americas Estimated to Lead VR HMD Market for Engineering and Design Application in 2017
Figure 25 VR HMD Market for Medical Application in APAC Expected to Grow at the Highest CAGR During Forecast Period
Figure 26 Consumer Application Expected to Account for the Largest Size of the HMD Market During the Forecast Period
Figure 27 Enterprise and Industry Application to Hold the Largest Size of the Market for Augmented Reality Technology-Based Head-Mounted Displays During the Forecast Period
Figure 28 Consumer Application to Account for the Largest Size of the Market for Virtual Reality Technology-Based Head-Mounted Displays During the Forecast Period
Figure 29 APAC Expected to Lead the HMD Market for Consumer Application During the Forecast Period
Figure 30 HMD Market for Consumer Application in APAC Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 Americas Expected to Hold the Largest Size of the HMD Market for Enterprise and Industry Application During the Forecast Period
Figure 32 HMD Market in APAC for Engineering and Design Application to Grow at the Highest CAGR During the Forecast Period
Figure 33 Americas to Hold the Largest Size of the HMD Market for Medical Application By 2022
Figure 34 APAC to Lead the HMD Market for Education Application By 2022
Figure 35 HMD Market, By Product Type, 2017–2022 (USD Million)
Figure 36 Display Component Expected to Dominate HMD Market During Forecast Period
Figure 37 Wireless HMD Market Expected to Grow at the Highest CAGR During Forecast Period
Figure 38 HMD Market in China Expected to Grow at the Highest CAGR Between 2017 and 2022
Figure 39 APAC Expected to Dominate the HMD Market During the Forecast Period
Figure 40 HMD Market Snapshot in Americas
Figure 41 North America Expected to Lead the HMD Market in Americas During the Forecast Period
Figure 42 Consumer Application to Account for the Largest Size of the HMD Market During the Forecast Period
Figure 43 US Expected to Lead the North American HMD Market During the Forecast Period
Figure 44 Germany Expected to Lead the European HMD Market During the Forecast Period
Figure 45 HMD Market Snapshot in APAC
Figure 46 China Expected to Lead the HMD Market in APAC During the Forecast Period
Figure 47 Consumer Application is Expected to Dominate the APAC HMD Market During the Forecast Period
Figure 48 Organic and Inorganic Growth Strategies Adopted By Companies in HMD Market (2014–2017)
Figure 49 Dive Chart
Figure 50 Geographic Revenue Mix of Major Companies
Figure 51 Samsung Electronics Co., Ltd.: Company Snapshot
Figure 52 Sony Corporation: Company Snapshot
Figure 53 HTC Corporation: Company Snapshot
Figure 54 Microsoft Corporation: Company Snapshot
Figure 55 Google Inc.: Company Snapshot
Figure 56 Kopin Corporation, Inc.: Company Snapshot
Figure 57 Rockwell Collins, Inc.: Company Snapshot
Figure 58 Seiko Epson Corporation: Company Snapshot
Figure 59 Vuzix Corporation: Company Snapshot

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