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Global AR and VR Display Strategic Business Report 2022: Market to Reach $11.6 Billion by 2027 - U.S. Market is Estimated at $404 Million, While China is Forecast to Grow at 35% CAGR - ResearchAndMarkets.com

Global AR and VR Display Strategic Business Report 2022: Market to Reach $11.6 Billion by 2027 - U.S. Market is Estimated at $404 Million, While China is Forecast to Grow at 35% CAGR - ResearchAndMarkets.com

By AP News
Published - Nov 18, 2022, 11:21 AM ET
Last Updated - Jun 23, 2023, 12:41 PM EDT

DUBLIN--(BUSINESS WIRE)--Nov 18, 2022--

The "AR and VR Display: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global AR and VR Display Market to Reach $11.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for AR and VR Display estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$11.6 Billion by 2027, growing at a CAGR of 36.2% over the analysis period 2020-2027.

Virtual Reality, one of the segments analyzed in the report, is projected to record 36.7% CAGR and reach US$7.7 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 35.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $404 Million, While China is Forecast to Grow at 35% CAGR

The AR and VR Display market in the U.S. is estimated at US$404 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 35% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.6% and 31.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.4% CAGR.

What's New for 2022?

  • 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

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • AR and VR Display - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 36 Featured)

  • AU Optronics
  • Barco
  • BOE Technology
  • Creal3D
  • Emagin Corporation
  • Everdisplay Optronics
  • Fraunhofer Fep
  • Google
  • 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

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/xd5qko

View source version on businesswire.com:https://www.businesswire.com/news/home/20221118005420/en/

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KEYWORD:

INDUSTRY KEYWORD: ELECTRONIC GAMES WEARABLES/MOBILE TECHNOLOGY TECHNOLOGY ENTERTAINMENT METAVERSE AUDIO/VIDEO GENERAL ENTERTAINMENT HARDWARE CONSUMER ELECTRONICS

SOURCE: Research and Markets

Copyright Business Wire 2022.

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