Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Near-Eye Display Market to reach USD XX million by 2028.

Global Near-Eye Display Market Size study, By Technology (TFT LCD, AMOLED, MicroLED, Laser Beam Scanning, Others), By Device Type (AR Devices, VR Devices, Others), By Vertical (Consumer, Automotive, Aerospace & Defense, Medical, Others), and Regional Forecasts 2022-2028

Product Code: EESC-83105970
Publish Date: 25-05-2022
Page: 200

Global Near-Eye Display Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Near Eye Displays (NED) are also referred to as wearable displays and head-mounted displays (HMD) help in forming a virtual image in the field of view of one or both eyes. This display is gaining huge traction among the various end-use industries such as consumer, automotive, aerospace & defense, medical, and many others. The surging demand for OLEDoS microdisplays in emerging applications such as imaging, projection, smart glasses, increasing adoption of AR devices in different verticals, and the rising popularity of metaverse are the major factors fostering the market demand across the globe. For instance, as per Statista, in 2020, the total number of mobile augmented reality (AR) active users globally is recorded as 600 million people and the number of users is projected to reach around 1730 million by 2024. Thereby, the rising adoption of mobile augmented reality devices by the population is exhibiting a positive influence on the market growth in the near future. However, several health issues are associated with excessive use of AR and VR devices, and minimizing latency for AR and VR displays impedes the growth of the market over the forecast period of 2022-2028. Also, the rising focus of market players on filing patents and spending more on R&D activities, and growing investments in the development of innovative near-eye display products are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Near-Eye Display Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share because of the increasing expenditure on technological development activities and presence of the leading market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing adoption of Augmented Reality (AR) and Virtual Reality (VR) technologies, as well as surging demand for near-eye display integrated devices, would create lucrative growth prospects for the Near-Eye Display Market across the Asia-Pacific region.

Major market players included in this report are:
Sony Group Corporation
Himax Technologies, Inc.
Kopin Corporation
eMagin Corporation
MICROOLED Technologies
BOE Technology Group Co., Ltd.
Syndiant, Inc.
JBD Xianyao Display Technology
TriLite Technologies GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Laser Beam Scanning
By Device Type:
AR Devices
VR Devices
By Vertical:
Aerospace & Defense
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Near-Eye Display Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Near-Eye Display Market, by Region, 2020-2028 (USD Million)
1.2.2. Near-Eye Display Market, by Technology, 2020-2028 (USD Million)
1.2.3. Near-Eye Display Market, by Device Type, 2020-2028 (USD Million)
1.2.4. Near-Eye Display Market, by Vertical, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Near-Eye Display Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Near-Eye Display Market Dynamics
3.1. Near-Eye Display Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Surging demand for OLEDoS microdisplays in emerging applications such as imaging, projection, smart glasses Increasing adoption of AR devices in different verticals
3.1.2. Market Challenges Several health issues are associated with excessive use of AR and VR devices Minimizing latency for AR and VR displays
3.1.3. Market Opportunities Rising focus of market players on filing patents and spending more on R&D activities Growing investments for the development of innovative near-eye display products
Chapter 4. Global Near-Eye Display Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Near-Eye Display Market, by Technology
6.1. Market Snapshot
6.2. Global Near-Eye Display Market by Technology, Performance – Potential Analysis
6.3. Global Near-Eye Display Market Estimates & Forecasts by Technology, 2018-2028 (USD Million)
6.4. Near-Eye Display Market, Sub Segment Analysis
6.4.1. TFT LCD
6.4.2. AMOLED
6.4.3. MicroLED
6.4.4. Laser Beam Scanning
6.4.5. Others
Chapter 7. Global Near-Eye Display Market, by Device Type
7.1. Market Snapshot
7.2. Global Near-Eye Display Market by Device Type, Performance – Potential Analysis
7.3. Global Near-Eye Display Market Estimates & Forecasts by Device Type, 2018-2028 (USD Million)
7.4. Near-Eye Display Market, Sub Segment Analysis
7.4.1. AR Devices
7.4.2. VR Devices
7.4.3. Others
Chapter 8. Global Near-Eye Display Market, by Vertical
8.1. Market Snapshot
8.2. Global Near-Eye Display Market by Vertical, Performance – Potential Analysis
8.3. Global Near-Eye Display Market Estimates & Forecasts by Vertical, 2018-2028 (USD Million)
8.4. Near-Eye Display Market, Sub Segment Analysis
8.4.1. Consumer
8.4.2. Automotive
8.4.3. Aerospace & Defense
8.4.4. Medical
8.4.5. Others
Chapter 9. Global Near-Eye Display Market, Regional Analysis
9.1. Near-Eye Display Market, Regional Market Snapshot
9.2. North America Near-Eye Display Market
9.2.1. U.S. Near-Eye Display Market Technology breakdown estimates & forecasts, 2018-2028 Device Type breakdown estimates & forecasts, 2018-2028 Vertical breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Near-Eye Display Market
9.3. Europe Near-Eye Display Market Snapshot
9.3.1. U.K. Near-Eye Display Market
9.3.2. Germany Near-Eye Display Market
9.3.3. France Near-Eye Display Market
9.3.4. Spain Near-Eye Display Market
9.3.5. Italy Near-Eye Display Market
9.3.6. Rest of Europe Near-Eye Display Market
9.4. Asia-Pacific Near-Eye Display Market Snapshot
9.4.1. China Near-Eye Display Market
9.4.2. India Near-Eye Display Market
9.4.3. Japan Near-Eye Display Market
9.4.4. Australia Near-Eye Display Market
9.4.5. South Korea Near-Eye Display Market
9.4.6. Rest of Asia Pacific Near-Eye Display Market
9.5. Latin America Near-Eye Display Market Snapshot
9.5.1. Brazil Near-Eye Display Market
9.5.2. Mexico Near-Eye Display Market
9.6. Rest of The World Near-Eye Display Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Sony Group Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Himax Technologies, Inc.
10.2.3. Kopin Corporation
10.2.4. eMagin Corporation
10.2.5. MICROOLED Technologies
10.2.6. BOE Technology Group Co., Ltd.
10.2.7. Syndiant, Inc.
10.2.8. Plessey
10.2.9. JBD Xianyao Display Technology
10.2.10. TriLite Technologies GmbH
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now