Product Code: 978-1-68038-251-8
Head Mounted Display Market Growth & Trends:
The global head mounted display market size is estimated to reach USD 45.41 billion by 2030, expanding at a CAGR of 27.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. Reducing silicon wafer costs have directly impacted microdisplay prices, which form a sizable percentage of the resultant HMD cost. As a result, declining microdisplay prices coupled with the growing demand for wearable, lightweight devices are expected to be key driving forces for the HMD market. Defense services are a key contributor to global demand, wherein head-mounted displays aid in security, imaging, and tracking.
Head-mounted displays offer a high degree of mobility and computing power, which has led to increasing market penetration in the consumer sector. Growing demand from automotive prototyping is expected to be a key opportunity for industry participants. Lack of standardization resulting in design issues may restrain market growth over the next six years. This can be mitigated with the help of the establishment of necessary guidelines for HMD production.
Head Mounted Display Market Report Highlights:
- The global head mounted display market size was valued at USD 10.94 billion in 2024; The market growth can be attributed to the increasing investments of major players in developing head mounted display (HMD) technology.
- Consumers dominated the market with a 41.3% share in 2024. The market dominance can be attributed to the rising demand for immersive entertainment experiences. Consumers have increasingly sought out VR and AR headsets for gaming and streaming interactive content.
- Training and simulation is expected to continue accounting for the majority of the overall market through 2030. This is a result of the growing use of HMDs in medical as well as military training modules.
- North America accounted for over 39.0% of the global HMD market in 2024; the Asia Pacific is expected to exhibit high growth over the forecast period. The establishment of manufacturing facilities along with technology advancement due to the presence of Japan, South Korea, and China is expected to fuel regional market growth.
- Key companies operating in the market include Siemens, BAE Systems, HEAD acoustics GmbH, Bruel & Kjaer, and Sony Corporation. Major manufacturers have started developing products targeted at entertainment purposes; additionally, geographical expansion is expected to be a key growth strategy.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Head Mounted Display Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Head Mounted Display Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Head Mounted Display Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Head Mounted Display Market: Type Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Slide-on HMD
- 4.3.1. Slide-on HMD Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Integrated HMD
- 4.4.1. Integrated HMD Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Discrete HMD
- 4.5.1. Discrete HMD Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Head Mounted Display Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Head Mounted Display Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. AR
- 5.3.1. AR Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. VR
- 5.4.1. VR Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. MR
- 5.5.1. MR Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Head Mounted Display Market: Component Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Head Mounted Display Market: Component Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Processors and Memory
- 6.3.1. Processors and Memory Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Displays
- 6.4.1. Displays Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Lenses
- 6.5.1. Lenses Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Sensors
- 6.6.1. Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Controllers
- 6.7.1. Controllers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Cameras
- 6.8.1. Cameras Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.9. Cases and Connectors
- 6.9.1. Cases and Connectors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.10. Others
- 6.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Head Mounted Display Market: Product Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Head Mounted Display Market: Product Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Head-Mounted
- 7.3.1. Head-Mounted Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Eyewear
- 7.4.1. Eyewear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Head Mounted Display Market: Connectivity Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Head Mounted Display Market: Connectivity Movement Analysis, 2024 & 2030 (USD Million)
- 8.3. Wired
- 8.3.1. Wired Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Wireless
- 8.4.1. Wireless Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Head Mounted Display Market: End Use Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Head Mounted Display Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 9.3. Consumer
- 9.3.1. Consumer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4. Commercial
- 9.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5. Enterprise & Industry
- 9.5.1. Enterprise & Industry Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6. Engineering & Design
- 9.6.1. Engineering & Design Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.7. Healthcare
- 9.7.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.8. Aerospace & Defence
- 9.8.1. Aerospace & Defence Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.9. Education
- 9.9.1. Education Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.10. Others
- 9.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Head Mounted Display Market: Regional Estimates & Trend Analysis
- 10.1. Head Mounted Display Market Share, By Region, 2024 & 2030 (USD Million)
- 10.2. North America
- 10.2.1. North America Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.2. U.S.
- 10.2.2.1. U.S. Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.3. Canada
- 10.2.3.1. Canada Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.2.4. Mexico
- 10.2.4.1. Mexico Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3. Europe
- 10.3.1. Europe Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.2. UK
- 10.3.2.1. UK Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.3. Germany
- 10.3.4. Germany Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.5. France
- 10.3.5.1. France Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.2. China
- 10.4.2.1. China Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.3. Japan
- 10.4.3.1. Japan Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.4. India
- 10.4.4.1. India Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.5. South Korea
- 10.4.5.1. South Korea Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.6. Australia
- 10.4.6.1. Australia Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5. Latin America
- 10.5.1. Latin America Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.2. Brazil
- 10.5.2.1. Brazil Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.3. Argentina
- 10.5.3.1. Argentina Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6. Middle East and Africa
- 10.6.1. Middle East and Africa Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.2. UAE
- 10.6.2.1. UAE Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.3. Saudi Arabia
- 10.6.3.1. Saudi Arabia Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.4. South Africa
- 10.6.4.1. South Africa Head Mounted Display Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 11. Competitive Landscape
- 11.1. Company Categorization
- 11.2. Company Market Positioning
- 11.3. Company Heat Map Analysis
- 11.4. Company Profiles/ Listing
- 11.4.1. NATIONAL INSTRUMENTS CORP.
- 11.4.1.1. Participant's Overview
- 11.4.1.2. Financial Performance
- 11.4.1.3. Product Benchmarking
- 11.4.1.4. Strategic Initiatives
- 11.4.2. Siemens
- 11.4.2.1. Participant's Overview
- 11.4.2.2. Financial Performance
- 11.4.2.3. Product Benchmarking
- 11.4.2.4. Strategic Initiatives
- 11.4.3. HEAD acoustics GmbH
- 11.4.3.1. Participant's Overview
- 11.4.3.2. Financial Performance
- 11.4.3.3. Product Benchmarking
- 11.4.3.4. Strategic Initiatives
- 11.4.4. Bruel & Kjaer
- 11.4.4.1. Participant's Overview
- 11.4.4.2. Financial Performance
- 11.4.4.3. Product Benchmarking
- 11.4.4.4. Strategic Initiatives
- 11.4.5. Meta
- 11.4.5.1. Participant's Overview
- 11.4.5.2. Financial Performance
- 11.4.5.3. Product Benchmarking
- 11.4.5.4. Strategic Initiatives
- 11.4.6. Sony Corporation
- 11.4.6.1. Participant's Overview
- 11.4.6.2. Financial Performance
- 11.4.6.3. Product Benchmarking
- 11.4.6.4. Strategic Initiatives
- 11.4.7. Microsoft
- 11.4.7.1. Participant's Overview
- 11.4.7.2. Financial Performance
- 11.4.7.3. Product Benchmarking
- 11.4.7.4. Strategic Initiatives
- 11.4.8. SAMSUNG
- 11.4.8.1. Participant's Overview
- 11.4.8.2. Financial Performance
- 11.4.8.3. Product Benchmarking
- 11.4.8.4. Strategic Initiatives
- 11.4.9. BAE Systems
- 11.4.9.1. Participant's Overview
- 11.4.9.2. Financial Performance
- 11.4.9.3. Product Benchmarking
- 11.4.9.4. Strategic Initiatives
- 11.4.10. HTC Corporation
- 11.4.10.1. Participant's Overview
- 11.4.10.2. Financial Performance
- 11.4.10.3. Product Benchmarking
- 11.4.10.4. Strategic Initiatives