slide 1: Virtual Retinal Display Industry Professional Survey Report 2020 and Comprehensive Research
Study Till 2023
Virtual Retinal Display VRD Market - Highlights:
The global virtual retinal display market that determines prosperity for this market at 44.30
CAGR Compound Annual Growth Rate between 2017 and 2023.
Virtual retinal display VRD can scan low energy modulated laser light onto the viewers’ retina
in order to create the perception of a virtual image. Market Research Future MRFR has
published a research report By value the market has been figured to be worth the US 23.84
mn by the end of the forecast period.
The critical factors for global virtual retinal display market growth include demand for better
image quality low-cost display options optimized power consumption and capability to
provide clear display of image even in the most flickering as well as inconsistent environments.
However the lack of awareness and threat of retina damage due to some harmful light
radiations in the VRD technology can hinder the market growth.
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Key Players
The key players in the global virtual retinal display market include Avegant Corporation USA
Brother Industries Ltd. Japan Human Interface Technology Laboratory New Zealand Google
Inc USA HTC Corp. Taiwan Innovega Inc. USA Magic Leap USA Microvision Inc USA
Occulus VR USA Sony Corp. Japan Texas Instruments USA and Vuzix Corp USA.
Latest Industry News
ATT is set to showcase the introduction of Magic Leap One a virtual retinal display virtual
reality goggle. 27 MAR 2019
California-based Ocutrx Vision Technologies LLC which is an advanced research and
development RD manufacturer of AR glasses has been issued the US patent that will protect
the company’s unique eye-tracking technology for patients not only with macular degeneration
but also other low vision conditions. 2 APR 2019
Segmentations
The global virtual retinal display market segmentation segments the market into components
vertical and lastly region. The component-based segmentation can segment this market into
the light source optics driver controller electronics and others. Based on verticals the
market segmentation is covering aerospace defense automotive consumer electronics
healthcare and others. During the forecast period the healthcare segment is expected to have
considerable growth opportunities than other segments because this segment has its
applications in radiology surgery and therapeutics.
Regional Analysis
The regional segmentation of the global virtual retinal display market segments the market into
regional markets known as Europe Asia Pacific North America and rest of the world RoW.
During the forecast period North America has been anticipated to hold the largest market share
slide 2: due to higher adoption of augmented reality AR and virtual reality VR in the gaming
entertainment industry here. The second factor for market growth is the presence of key market
players in this region especially in the USA. Canada and Mexico are the two other significant
country-specific markets in this region.
Europe is another important regional market due to technological advancement and the
presence of some key market players. In this region the biggest country-specific markets are
France Germany Italy Spain and the UK.
Asia Pacific region can be anticipated to be the fastest growing regional market due to the
growing demand for technically advanced products in the gaming entertainment industry.
Due to stable technological advancement the key country-specific markets in this region are
India Japan and China followed by the remaining countries in the Asia Pacific region.
The RoW segment covers the countries of Latin America and the Middle East Africa MEA.
Latin America is a small market because the availability of advanced technology is limited in this
region. Argentina and Brazil are two important economies that have the potential to rise as
lucrative markets in the future. In the MEA region the market is limited due to poor countries
lack of education lack of awareness lack of skilled labor lack of skilled professionals and lack
of technological advancement.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…..
LIST OF TABLES
Table 1 Global Virtual Retinal Display Market By Region 2018–2023
Table 2 North America: Virtual Retinal Display Market By Country 2018–2023
Table 3 Europe: Virtual Retinal Display Market By Country 2018–2023
Continued…..
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LIST OF FIGURES
FIGURE 1 Global Virtual Retinal Display Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Virtual Retinal Display Market
Continued…..
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