Head mounted display (HMD) or helmet
mounted display is a display device mounted as part of a helmet or worn on the
head. The display device is very close to the eye and projects a virtual
screen in front of the eyes of the user. A HMD comprises of a small micro
display/optic in front of an eye or both the eyes. Such an HMD is called
binocular HMD, however, a typical HMD consists of one or two displays which are
small, with semi-transparent mirrors and lenses. An HMD is of two types, one
that shows a computer generated image (CGI) and the other that allows the CGI
to be superimposed on to the real world view.
HMD devices are portable and compact
compared to the huge LED screens. This fact is helping HMD devices gain
popularity across the globe. HMD devices are new, upcoming technology having a
wide range of applications in various industries. When uploaded with an
appropriate training module, these devices become capable of effectively
training a user. An HMD device guides a user to work/repair/troubleshoot a
project by viewing the design and working of a complex machine. These devices
have applications in many fields such as in engineering, science, medicine,
gaming videos, sports, and aviation which are boosting the HMD market.
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The high cost of production involved
in the development of HMD products acts as the major inhibitor to the market.
The technology is still in the research phase hence the huge investment acts as
a restraining factor pulling back many manufacturers from entering the market.
HMD devices are not yet popular or known to a vast majority of the global
population, which acts as a barrier to the market.
Owing to various advantages of HMD
products, the market is expected to excel efficiently in the near future. HMD
products require fewer raw materials for their production and are useful in
training people by loading simulation programs into the device.
The high costs involved in
simulation programs can thus be curtailed by the utilization of HMD products.
Government agencies like defense forces are in talks to integrate such an
efficient mechanism in their training modules. This would in turn prove to be a
vital opportunity to the HMD market. Some government agencies have already
begun using these devices.
Some of the market players include
Recon Instruments, Sensics, LASTER Technologies, EMagin (EMAN), Epson
iTheater VisionTech., Kopin Corporation, MyVu (formerly MicroOptical), Atari,
Nintendo (created the Virtual Boy video game platform), Novero, NVIS, Canon,
Motorola , Oculus (in the form of their device the Oculus Rift), Arisawa,
Olympus, Philips (SCUBA), Rockwell Collins Optronics (formerly Kaiser
Electro-Optics), Cybermind, SEGA, SiliconMicroDisplay, Sony, Carl Zeiss,
Takara, and TDVision. Other key players that provide/manufacture HMD with
transparent glasses are, Laster Technologies, Google Glass, Vuzix, Microvision,
Lumus (See-through HMD / Augmented Reality Display), Optinvent, and SBG
Labs.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current
trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review of micro
and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
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