Holographic Near Eye Display Market - Forecast(2024 - 2030)

The global Holographic Near Eye Display market was valued at $135.4m in 2017 and is estimated to grow at an estimated CAGR of more than 78% during the forecast period 2018–2024. North-America with 36% held the largest market share in 2017. Adoption of these holographic technology in head-up displays that are majorly used in automobiles and planes, allows the driver to see the displayed information even if they are shorter or taller than average.

The holographic Near Eye Display, is also referred to as Head Mounted Display, which projects the images into the viewer’s eyes, creating a virtual image within the field of view. The virtual image appears within 1 meter distance from the viewer’s eye point to image projection and appears larger due to the magnification of the optics used to create the image. It has a great potential to realize mixed reality by modulating the wavefront of light in a fundamental manner. As a computational display, holographic near eye displays offer a large degree of freedom, such as focus cue generation and vision correction. These displays satisfy high image quality and natural focus cues.

Adoption of near eye display holoLens in the medical sector is also propelling the growth of the market, as these devices are able to project the human body in its full size in front of medical students. HoloLens apps are being developed to visualize the human body in an easy and spectacular way, thus driving the market growth.

A wide field of view is mostly preferred as it gives a picture of whole at once on a screen. Hence,  sunglasses with a wide field of view (80-degree horizontal) should be used to get a clear picture of edge-to-edge of an image. Handling problems such as visual discomfort experienced by the end user is one of the restraining factors for the growth of holographic near eye display.

 

The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Holographic Near Eye Display market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of holographic near eye displays, and their specific applications in different verticals.

Types of Holographic Near Eye Display: Smart Glass, Head Mounted Display, Head-Up Display, Optical Sight, and Helmet Mounted Display

Applications of Holographic Near Eye Display: Military, Civilian, Healthcare, Large Scale Manufacturing, Media and Entertainment, Others

The Holographic Near Eye Display market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

Microsoft Corporation headquartered in the U.S. develops, licenses, and supports computer software with the concept of mixed reality holoLens. HoloLens display is a set of transparent glasses, which can be placed in front of eyes. This has further advanced the convenience of the holography market. 

Major companies operating in the Holographic Near Eye Display market are BAE Systems, Samsung Electronics, Continental AG, and Sony Corporation.