Quick Summary:
The global AR and VR Display Market is poised for unprecedented growth, with an estimated value of US$30.2 Billion by 2030, up from US$2.6 Billion in 2022. Technologies such as Virtual Reality are projected to record an astounding 36.3% CAGR and reach a value of US$20.1 Billion by the end of 2030. Amid the post-pandemic recovery phase, the Augmented Reality segment has been readjusted to a promising CAGR of 34.5% over the next eight years.
Key markets, such as the United States and China, are leading this surge, with the US market estimated at $795.2 Million in 2022 and the China market predicted to hit US$4.9 Billion by 2030. The report also provides insights into other high-potential markets, including Japan, Canada, and Germany, each demonstrating significant growth potential over the 2022-2030 period. Access to an interactive peer-to-peer platform, substantial competitor market share analysis, and global footprint will equip you to pinpoint untapped opportunities and refine your strategic planning. Don't miss out on cutting-edge updates from this rapidly evolving market - secure your copy of the AR/VR Display Market report today.
Global AR and VR Display Market to Reach $30.2 Billion by 2030
The global market for AR and VR Display estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$30.2 Billion by 2030, growing at a CAGR of 35.7% over the analysis period 2022-2030. Virtual Reality, one of the segments analyzed in the report, is projected to record 36.3% CAGR and reach US$20.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Augmented Reality segment is readjusted to a revised 34.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $795.2 Million, While China is Forecast to Grow at 34.1% CAGR
The AR and VR Display market in the U.S. is estimated at US$795.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2030 trailing a CAGR of 34.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 31.1% and 29.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.4% CAGR.Select Competitors (Total 36 Featured) -
- AU Optronics
- Barco
- BOE Technology
- Creal3D
- Emagin Corporation
- Everdisplay Optronics
- Fraunhofer Fep
- Himax Technologies
- Holoeye Photonics
- HTC
- Industrial Technology Research Institute (ITRI)
- Innolux Corporation
- Int Tech (Chuangwang)
- Japan Display (Jdi)
- Jasper Display Corp. (JDC)
- Kopin Corporation
- LG Display
- Magic Leap
- New Vision Display (NVD)
- Oculus
- Olightek
- Raontech
- Samsung Electronics
- Seiko Epson
- Sony
- Syndiant
- Truly International
- Universal Display Corporation
- Vuzix
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for AR and VR Display?
What is the growth rate of the Global Market for AR and VR Display?
What is the forecasted size of the Global Market for AR and VR Display?
Who are the key companies in the Global Market for AR and VR Display?
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | November 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.6 Billion |
Forecasted Market Value ( USD | $ 30.2 Billion |
Compound Annual Growth Rate | 35.9% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AU Optronics
- Barco
- BOE Technology
- Creal3D
- Emagin Corporation
- Everdisplay Optronics
- Fraunhofer Fep
- Himax Technologies
- Holoeye Photonics
- HTC
- Industrial Technology Research Institute (ITRI)
- Innolux Corporation
- Int Tech (Chuangwang)
- Japan Display (Jdi)
- Jasper Display Corp. (JDC)
- Kopin Corporation
- LG Display
- Magic Leap
- New Vision Display (NVD)
- Oculus
- Olightek
- Raontech
- Samsung Electronics
- Seiko Epson
- Sony
- Syndiant
- Truly International
- Universal Display Corporation
- Vuzix