AR VR Display Market Ecosystem is rapidly gaining traction due to its pivotal application in AR VR devices. In AR VR devices, display is the most important component, and it accounts for around 35% of the AR VR product cost. Product innovation and advanced display technology in terms of high resolution or high display density and improved computing power have increased the demand for advanced AR VR Display Market Ecosystem products.
The increasing number of AR VR devices applications in recent years has generated the demand for AR VR devices in end-user industries, such as gaming, entertainment, training, and enterprise applications. Thus, based on the end-user application, the demand for AR VR display changes and to address this issue, device manufacturing companies are developing advanced features in devices based on that particular industry’s requirement.
The common AR VR products in which AR VR display component is used are, head mounted display (HMD), head up display (HUD), smart glass, and handheld devices. Based on the type of display and the technology used, display features and the immersive experience vary. The currently used display technologies in AR VR Display Market Ecosystem are LCD (Liquid crystal Display), OLED (Organic light emitting diodes), and LCoS (Liquid crystal on silicon). LCoS and variants of OLED are dominating the current AR VR Display Market Ecosystem.
The rising use of AR VR Display Market Ecosystem products will generate the demand for high quality and pure raw materials to manufacture these AR VR components. Thus, raw material suppliers can build long-term partnerships and joint ventures with component providers in AR VR Display Market Ecosystem.
Global AR VR Display Market Ecosystem
Based on regions, the Asia Pacific region dominated the AR VR Display Market Ecosystem in 2018 and is expected to witness similar trends in the coming years. The presence of major players in AR VR Display Market Ecosystem, such as Samsung, LG display, Japan Display, INT, and others, is driving the growth of the AR VR Display Market Ecosystem in the region. The Asia Pacific region is expected to grow at the fastest pace with a CAGR of XX% during the forecast period due to the increasing demand for AR VR components such as display. This is expected to drive the growth of the AR VR Display Market Ecosystem in Asia Pacific during the forecast period.
The major players in the AR VR Display Market Ecosystem are mainly focusing on mergers and acquisitions, joint ventures, backward and forward integrations, and partnerships for strengthening their presence in the market. For instance, in 2017, INT Tech and UltraChip, which is an AMOLED driver IC design house, entered into a partnership to enhance product development and supply chain. The common AR VR Display Market Ecosystem solutions provided by companies such as Japan display, Samsung, LG, and Himex are in the product development and accessory development phases. The market will witness high growth during the forecast period due to the increasing adoption of the technology and the rising use of AR VR by end-user sectors such as consumer, healthcare, automotive, aerospace, etc.
There are many trends that are having an impact on the market forecast. These, when evaluated from a company’s perspective, can drive growth. Our numerous consulting projects have generated sizeable synergies across all regions and all sizes of companies.
Company |
Ecosystem Positioning |
Total Revenue |
Industry |
Region |
Samsung |
Component Manufacture |
USD 218 Billion |
AR VR Display |
Global |
LG Electronics |
Component Manufacture |
USD 54.4 billion |
AR VR Display |
Global |
Japan Display |
Component Manufacture |
USD 6.5 billion |
AR VR Display |
Global |
Will Semiconductor (Omnivision) |
Component Manufacture |
USD 5.7 Billion |
AR VR Display |
Global |
Himax Technologies |
Component Manufacture |
USD 0.7 Billion |
AR VR Display |
Global |
Very few markets have the interconnectivity with other markets like AR VR. Our Interconnectivity module focuses on the key nodes of heterogeneous markets in detail. Artificial intelligence, Industrial Internet of Things (IIOT), Cloud Computing, display technology, mobile computing, and 5G markets are some of our key researched markets.
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Ecosystem Report – Table of Content