Europe Head Mounted Display Market – Size, Outlook, Trends, and Forecast (2024

Europe Head Mounted Display Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Head-mounted displays are small displays positioned in front of the wearer’s eye which is mounted on a helmet. HMDs are sub-segmented into “look-at” HMDs and “see-through” HMDs. The “see-through” HMD provides computer-generated imagery based on a real-world view, and “look-at” HMMDs allow wearers to see only the CGI projected by the HMDs.

Europe Head Mounted Display Market Size & Growth:

Europe Head Mounted Display market size is projected to reach $X Billion by the end of 2024 with a CAGR of XX% during the forecast period. Key Parameters promoting the market growth include surging demand from the defense services, consumer, and medical practice, high resolution three dimensional displays with capability of virtual world environment, demand for portable, advancement of human-computer interaction, use of improved devices for critical medical operation, increasing demand for light-weight HMDs to expand application base, declining prices of microdisplays, regulated demand for defense services, and increasing adoption of AR and VR technologies. The major restraints for this market are lack of standardisation of HMD design, lack of awareness and standard design specifications especially in developing economies.

Product penetration of head-mounted displays is witnessed to gain momentum in developing economies with key advancements in display and computing technologies during the forecast period, and these advancements have extended the applications of head-mounted displays to a wide range of end-use verticals, including sports, consumer markets, medical practices, and automation.

The growth rate of eyewear display market is witnessed to exceed helmet mounted displays during the forecast period due to the increasing preference for lightweight head-mounted display devices.

Europe Head Mounted Display Market Share:

Europe Head Mounted Display Market

Europe Head Mounted Display Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

is classified by Product Type, by Component, by Connectivity, by Technology, by Application, by geography. By Product Type, the Europe Head Mounted Display market is classified as head-mounted, eye-wear. Among these, helmet mounted displays are expected to dominate the market due to the use of HMDs for automotive prototyping provides an opportunity to virtually design a car and evaluate the exact positions of different parts in the vehicle. The eye-wear display is expected to have the impressive growth during the forecast period due to its popularity for being portable, light-weight and compact.

Based on Component, these are classified as processor and memory, controller, goggles, camera, display, relay optics, head trackers, pico projector, and sensor. Based on Connectivity, these are classified as wired and wireless. By Technology, these are classified as augmented reality and virtual reality.

By Application, these are classified as enterprise and industry, engineering & design, medical, video gaming and entertainment, training and simulation, industrial sector, and consumer. Among these, video gaming & entertainment market is expected to have the fastest growth during the forecast period 2018-2024 owing to the technological advancements in a display like high resolution and 3D video display with superior augmented video capabilities. Defence, aviation, and military are expected to dominate the HMDs market in end-user segment owing to the increasing adoption of HMD enabled devices for the simulation, security, training, monitoring, and tracking not only in developed countries but also in the developing countries like India, China, and Brazil. Europe is segmented into U. K., Germany, France, Italy, and Spain. Europe is expected to have the market

You can also purchase parts of this report. Do you want to check out a section wise price list

Europe Head Mounted Display Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

share during the forecast period 2018-2024.

Europe Head Mounted Display Market Trends:

Many companies like Oculus, Google, Apple, and Microsoft are working on Wireless VR Head Mounted Displays due to the adoption of new Bluetooth standards and Apple’s new W1 wireless audio chip and earbuds.
TRIVISIO Prototyping GmbH is the main European developer of head-mounted displays; it offers a wide range of near-the-eye technologies including head-mounted displays, hand-held, monocular, binocular, digital telescopes, and optical and digital developments.

Europe Head Mounted Display Market Research Reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
Regional and global is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROCin the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
Sony Corporation
Microsoft Corporation
Google Inc.
Bae Systems, Inc.
Elbit Systems Ltd

Along with these companies, there were many other companies considered/cited in the report while analysing the Europe Head Mounted Display market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

Credibility and
Transparency

We actively recruit consumers, business professionals, and elusive individuals for our research panels, fostering enduring relationships. Our commitment to transparency is evident in the comprehensive listing of primary and secondary data sources, ensuring unwavering credibility in our reports.

Exhaustive
Coverage

Uncover the full spectrum with Envision Intelligence. Our detailed and extensive geographical coverage, coupled with survey consultation services, spans brand tracking, concept testing, and consumer behaviour analysis. Adapt to your evolving needs with scalable market research services that leave no facet unexplored.

Competitive
Edge

Stay ahead with Envision Intelligence. Our reports provide the latest market updates up to the date of purchase. Recognising the urgency of impactful decisions, we deliver timely analyses on the unprecedented choices made by CXOs during the COVID-19 crisis—providing valuable insights at no extra cost.

Golden
pportunities

Unearth hidden gems with Envision Intelligence. Our analysts and consultants conduct a comprehensive strategic sieve analysis, augmented by AI tools, to identify non-obvious, golden, and emerging opportunities. Evaluate possibilities that set you apart in the market.

Top-notch Reportsd
Guaranteed

Experience unparalleled depth with Envision Intelligence. Over 70% of our research is exclusive, establishing us as the premier source for in-depth and extensive market insights. Elevate your decision-making with reports that go beyond the ordinary.

Post Purchase
Support

Empower your journey with Envision Intelligence. Our commitment extends beyond the purchase. Enjoy post-purchase support for three months, with queries addressed within 24 business hours via telephone or email. We stand by you in your quest for ongoing success.