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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.
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.
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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.
Reasons for Buying
this Report
· This report provides pin-point
analysis for changing competitive dynamics
· It provides a forward looking
perspective on different factors driving or restraining market growth
· It provides a technological growth map
over time to understand the industry growth rate
· It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
· It helps in understanding the key
product segments and their future
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changing competition dynamics and keeps you ahead of competitors
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decisions by having complete insights of market and by making in-depth analysis
of market segments
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exemplified SWOT analysis of major market segments
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