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PUBLISHER: IMARC | PRODUCT CODE: 1468356
PUBLISHER: IMARC | PRODUCT CODE: 1468356
Virtual Retinal Display Market Report by Technology (Optics, Driver and Controller Electronics, Light Source, and Others), Application (Aerospace, Medical, Gaming and Entertainment, Sports, Training and Simulation, and Others), and Region 2024-2032
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The global virtual retinal display market size reached US$ 20.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 241.9 Billion by 2032, exhibiting a growth rate (CAGR) of 31.3% during 2024-2032.
A virtual retinal display (VRD) refers to a head-mounted display device that utilizes low-energy lasers to directly show a picture onto the human retina. It offers user with the illusion of watching a standard-sized display floating several feet away. A virtual retinal display provides numerous benefits, such as enhanced brightness, high contrast, improved resolution, and low power consumption. As a result, it finds a wide range of applications across numerous industries, including healthcare, military, aviation and tactical, engineering, gaming and entertainment, sports, etc.
Virtual Retinal Display Market Trends:
The increasing demand for enhanced user experience, better content connectivity, and improved Field of View (FoV) while maintaining high levels of privacy is primarily driving the global virtual retinal display market. In addition to this, the rising adoption of virtual and augmented reality in the gaming sector along with the growing integration of VRD with gaming consoles, smartphones, and laptops is further propelling the market growth. Moreover, the widespread utilization of VRD in the healthcare sector with potential applications in therapeutics and surgical procedures is acting as a significant growth-inducing factor. Additionally, the elevating employment of VRD in the engineering industry for providing field employees with access to crucial information, including operational protocols and circuit diagrams, in real-time is also augmenting the growth of the market. Besides this, the expanding usage of VRD in training and simulation activities in the aerospace sector as it saves costs by mimicking the experience and eliminates the requirement for physical setup, is positively influencing the market growth. Furthermore, the extensive R&D activities for the introduction of advanced VRD technology that offers radiation protection to mitigate any health risk are also propelling the global market. In the coming years, the emerging popularity of lightweight and compact devices that create images with high resolution and in real-time is expected to drive the global virtual retinal display market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global virtual retinal display market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology and application.
Breakup by Technology:
Optics
Driver and Controller Electronics
Light Source
Others
Breakup by Application:
Aerospace
Medical
Gaming and Entertainment
Sports
Training and Simulation
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avegant Corp., Himax Technologies Inc., Innovega Inc., Magic Leap Inc., Omnivision Technologies Inc., Optinvent, QD Laser and Vuzix Corporation.
Key Questions Answered in This Report
- 1. What was the size of the global virtual retinal display market in 2023?
- 2. What is the expected growth rate of the global virtual retinal display market during 2024-2032?
- 3. What are the key factors driving the global virtual retinal display market?
- 4. What has been the impact of COVID-19 on the global virtual retinal display market?
- 5. What is the breakup of the global virtual retinal display market based on the application?
- 6. What are the key regions in the global virtual retinal display market?
- 7. Who are the key players/companies in the global virtual retinal display market?
Product Code: SR112024A6020
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Virtual Retinal Display Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 Optics
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Driver and Controller Electronics
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Light Source
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Aerospace
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Medical
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Gaming and Entertainment
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Sports
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Training and Simulation
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Avegant Corp.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Himax Technologies Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Innovega Inc.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Magic Leap Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Omnivision Technologies Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Optinvent
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 QD Laser
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 Vuzix Corporation
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.1 Avegant Corp.
Product Code: SR112024A6020
List of Figures
- Figure 1: Global: Virtual Retinal Display Market: Major Drivers and Challenges
- Figure 2: Global: Virtual Retinal Display Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Virtual Retinal Display Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Virtual Retinal Display Market: Breakup by Technology (in %), 2023
- Figure 5: Global: Virtual Retinal Display Market: Breakup by Application (in %), 2023
- Figure 6: Global: Virtual Retinal Display Market: Breakup by Region (in %), 2023
- Figure 7: Global: Virtual Retinal Display (Optics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Virtual Retinal Display (Optics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Virtual Retinal Display (Driver and Controller Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Virtual Retinal Display (Driver and Controller Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Virtual Retinal Display (Light Source) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Virtual Retinal Display (Light Source) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Virtual Retinal Display (Other Technologies) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Virtual Retinal Display (Other Technologies) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Virtual Retinal Display (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Virtual Retinal Display (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Virtual Retinal Display (Medical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Virtual Retinal Display (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Virtual Retinal Display (Gaming and Entertainment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Virtual Retinal Display (Gaming and Entertainment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Virtual Retinal Display (Sports) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Virtual Retinal Display (Sports) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Virtual Retinal Display (Training and Simulation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Virtual Retinal Display (Training and Simulation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Virtual Retinal Display (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Virtual Retinal Display (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: North America: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: North America: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: United States: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: United States: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Canada: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Canada: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Asia-Pacific: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Asia-Pacific: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: China: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: China: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Japan: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Japan: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: India: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: India: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: South Korea: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: South Korea: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Australia: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Australia: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Indonesia: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Indonesia: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Others: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Others: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Europe: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Europe: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Germany: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Germany: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: France: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: France: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: United Kingdom: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: United Kingdom: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Italy: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Italy: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Spain: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Spain: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Russia: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Russia: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Latin America: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Latin America: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Brazil: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Brazil: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Mexico: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Mexico: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Others: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Others: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Middle East and Africa: Virtual Retinal Display Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Middle East and Africa: Virtual Retinal Display Market: Breakup by Country (in %), 2023
- Figure 75: Middle East and Africa: Virtual Retinal Display Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Global: Virtual Retinal Display Industry: SWOT Analysis
- Figure 77: Global: Virtual Retinal Display Industry: Value Chain Analysis
- Figure 78: Global: Virtual Retinal Display Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Virtual Retinal Display Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Virtual Retinal Display Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 3: Global: Virtual Retinal Display Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Virtual Retinal Display Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Virtual Retinal Display Market: Competitive Structure
- Table 6: Global: Virtual Retinal Display Market: Key Players
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