Global Smart Glasses for Industrial Applications 2016-2020

  • ID: 3623678
  • Report
  • Region: Global
  • 39 pages
  • TechNavio
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FEATURED COMPANIES

  • Atheer
  • Laster Technologies
  • Meta
  • Osterhout Design Group
  • Recon
  • Technical Illusions
  • MORE
About Smart Glasses Market for Industrial Applications

Smart glasses are AR devices that are widely regarded as the next big technological advance, following Google's launch of the Google Glass project. They are more comfortable to wear and can be used constantly, unlike other devices. Smart glasses are also used for industrial purposes such as reading manuals, checking the status of a system, and detecting possible errors.

There are many industrial applications for smart glasses. Manufacturing, service and maintenance, and construction are some of the sectors that might be the first to adopt them. In service and maintenance plants, it is easier to pull up a virtual manual while repairing an engine than to hold one in hand. Smart glasses can provide a step-by-step guide on repairing an engine along with videos, making the job easier for technicians. Viewing 3D designs of buildings during construction and comparing them with actual buildings are also easier with smart glasses. An architect can compare original designs side by side with the actual building and analyze the progress of the construction.

The analysts forecast the global smart glasses market to grow at a CAGR of 146.3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart glasses market for industrial applications for the period 2015-2020. To calculate the market size, the report covers the sales of smart glasses for industrial applications.

The market is divided into the following segments based on geography:

- APAC
- Americas
- EMEA

The report, Global Smart Glasses Market for Industrial Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

- Atheer
- Laster Technologies
- Lumus
- Meta
- Osterhout Design Group
- Optinvent
- Penny
- Recon

Market drivers

- Increased vendor participation
- For a full, detailed list, view the full report

Market challenges

- High prices
- For a full, detailed list, view the full report

Market trends

- Crowdfunding
- For a full, detailed list, view the full report

Key questions answered in this report

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atheer
  • Laster Technologies
  • Meta
  • Osterhout Design Group
  • Recon
  • Technical Illusions
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market size and forecast by volume
  • ASP trend
  • Market size and forecast by revenue
  • Five forces analysis
PART 06: Geographical segmentation

PART 07: Market drivers
  • Increased vendor participation
  • Ease of use
  • Increased developer interest
  • Decline in ASP
  • Use of SLAM technology for AR
PART 08: Impact of drivers

PART 09: Market challenges
  • High prices
  • Low value addition
  • Regulations
  • Connectivity
PART 10: Impact of drivers and challenges

PART 11: Market trends
  • Crowdfunding
  • Initiatives such as BYOD and COPE
  • Depth-sensing cameras
PART 12: Vendor landscape
  • Competitive scenario
  • Key vendors
PART 13: Appendix
  • List of abbreviations
PART 14: About Author

List of Exhibits

Exhibit 01: Smart glasses market value chain
Exhibit 02: Global smart glasses market for industrial applications 2015-2020 (millions of units)
Exhibit 03: ASPs of smart glasses for industrial applications ($)
Exhibit 04: Global smart glasses market for industrial applications 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Impact of drivers
Exhibit 07: Impact of drivers and challenges
Exhibit 08: Optinvent: Comparison of ORA smart glasses with other smart glasses
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atheer
  • Laster Technologies
  • Meta
  • Osterhout Design Group
  • Recon
  • Technical Illusions
  • MORE
New Report Released: – Global Smart Glasses Market for Industrial Applications 2016-2020

The author of the report recognizes the following companies as the key players in the Global Smart Glasses Market for Industrial Applications: Atheer, Imagine Mobile Augmented Reality, Konica Minolta, Laster Technologies, Lumus, Meta, Osterhout Design Group, Optinvent, Penny, Recon, Six15 Technologies, Technical Illusions and Vuzix.

Commenting on the report, an analyst from the research team said: “Several AR vendors have made use of crowdfunding to raise money for their projects. This benefits the market in several ways. It increases awareness among potential customers. Crowdfunding also encourages new vendors to enter the market, leading to increased competition and lower product prices.”

According to the report, an increasing number of vendors are showing interest in developing smart glasses. This increased participation from several firms highlights the importance attached to smart glasses as a major medium for AR. This market is still in its early stages and will benefit significantly as more vendors enter. Vendor participation will result in increased awareness about smart glasses among customers, who will have several options to choose from.

Further, the report states that the cost of smart glasses is a major concern for consumers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Atheer
- Imagine Mobile Augmented Reality
- Konica Minolta
- Laster Technologies
- Lumus
- Meta
- Osterhout Design Group
- Optinvent
- Penny
- Recon
- Six15 Technologies
- Technical Illusions
- Vuzix.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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