Aerospace Helmet Mounted Display Market Size is estimated to reach USD 5.144 Billion by 2027, registering a CAGR of 13.46% during 2019-2027.
The global Aerospace Helmet Mounted Display Market Size is still in its emerging stage. Vendors in the market are entirely focus on the development of fighter aircraft specific HMDs. The market is also characterized by the presence of a number of new players that have created a niche market through their innovations. In the coming years, the market will witness the entry of a greater number of startups, which will try to introduce HMDs that can be combined into their current products, thus, escalating the level of competition among vendors. The market will also witness an increase in the number of RD investments and mergers acquisitions, where established aerospace HMD companies will acquire small vendors to obtain new technologies and to increase their hold over the market.
On the basis of technology, this market is bifurcated into augmented reality HMDs and the virtual reality HMD. In the past few years, the overall display experience of the user has improved because of immersive and non-immersive display systems. Several navigation and communication technologies, such as Global Positioning System (GPS) and Dedicated Short Range Communication (DSRC) are used in aerospace HMD to improve the guidance and monitoring for the pilots. In augmented reality segment, the display is usually transparent and digital information is superimposed onto real-life objects. These type of aerospace HMDs are known as optical head-mounted display. In virtual reality, the display is not transparent, and only virtual information and pictures are displayed in front of users’ eyes. Availability of low-cost virtual reality headsets, such as Samsung Gear VR and Google Daydream View, is helping fuel the aerospace helmet mounted display market CAGR. The increasing number of new players in the market with offerings of headsets at low cost is one of the major reasons behind the wide adoption of virtual reality headsets in this market.
Based on the component segment, display systems play a vital role in simplifying and presenting information in front of pilots. Nowadays, display system consists of advanced vision, such as high-resolution images and 3D viewing. A display has a high impact in making aerospace helmets more efficient and user-friendly.
The key players in Aerospace Helmet Mounted Display Market Size are Sony Corporation (Japan), Oculus VR, LLC (U.S.), BAE Systems (U.K), Kopin Corporation, Inc. (U.S.), Recon Instruments, Inc. (Canada), Seiko Epson Corporation (Japan), Thales Visionix, Inc. (U.S.), Vuzix Corporation (U.S.), Samsung (South Korea), HTC Corporation (Taiwan), Microsoft Corporation (U.S.), and Elbit Systems Ltd. (Israel).
The scope of the study segments the global Aerospace Helmet Mounted Display Market Size by its End-user, Technology, Application, and Component
- Proximity Sensors
Case and Connector
This study provides an overview of the global aerospace helmet mounted display market data, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC), Middle East and Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next upcoming years for each region.
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