Virtual Retinal Display Market 2020, Industry Analysis by Size, Share, Segregation by Vertical, Component, Regional Outlook
According to an analysis by Market Research Future Reports (MRFR), the global virtual retinal display market is estimated to expand from USD 2.68 million in 2017 to USD 23.84 million by 2023 thriving at a CAGR of 44.30% during the review period. The companies in the virtual retinal display are taking measures to tackle the challenges resulting from the pandemic COVID-19. Several types of research have been carried out to mitigate the situation.
The virtual retinal display has several benefits like enhanced contrast, higher resolution, wider viewing angle, and lightweight and better brightness ratio. Several startups and established companies are investing enormously in the development of this technology. The global virtual retinal display market 2020 is ferociously competitive owing to the presence of technology giants such as Microsoft and Google and startups like Oculus and Magic Leap. Every company is spending vast amounts on the innovation of their product.
Key Players
The forefront players in the global virtual retinal display market are Microvision Inc (US), Google Inc (US), Avegant Corporation (US), Occulus VR (US), Human Interface Technology Laboratory (New Zealand), Magic Leap (US), and Texas Instruments (US). The other essential players in the virtual retinal display market are Innovega Inc. (US), HTC Corp. (Taiwan), Vuzix Corp (US), Sony Corp. (Japan), and Brother Industries Ltd. (Japan).
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Market Segmentation
The global virtual retinal display market is segregated based on vertical, component, and region.
By vertical,
· Aerospace & defense
· Automotive
· Healthcare
· Consumer electronics
· Automotive and others
By components,
· Light source
· Driver and Controller electronics
· Optics and others
By region,
· Asia-Pacific
· Europe
· North America
· Rest of the World.
Geographical Analysis
The global virtual retinal display market is likely to expand at a considerable rate during the review period from 2018 to 2023. The regional analysis of Asia-Pacific, North America, Europe, and the Rest of the World (RoW) has been performed. As per the analysis, the North American market is estimated to lead the global virtual retinal display technology market during the review period. The North American market holds the maximum share in the global virtual retinal display market.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Virtual Retinal Display Market Segmentation
8. Virtual Retinal Display Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
14. Strategic Outlook
More…
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