Asia Pacific Head Mounted Display Market

The head mounted display market in APAC is expected to grow from US$ 2,726.07 million in 2021 to US$ 22,266.30 million by 2028; it is estimated to grow at a CAGR of 35.0% from 2021 to 2028.

HMD is rapidly becoming popular in sports application such as drone racing, robot war, FPV sports, and others. Growing adoption of HMD in sports across the world, increasing production, introduction of high-speed drones, growing expenditure in research and development of flying technologies, introduction of racing sport leagues across different regions, increasing awareness of reducing harmful environmental emissions from sport vehicles, and increasing number of racing events are some of the key factors driving growth of racing drones. Due to the increasing popularity of HMD in sports application especially in drone racing, many strategic initiatives such as collaboration, new product development, and other initiatives taken by market players and different bodies across the world will create a future trend in the APAC market. For instance, in August 2019, The Drone Racing League announced the launch of a new drone named “DRL Racer4” that can speed from 0mph to 90mph in less than a second. It comes with a HMD device that provides the operator/pilot full control & visibility through the equipped camera in that drone. 

The developing countries have insufficient health infrastructure, which led to the increase in COVID-19 cases in 2020. As per the organization for economic co-operation and development (OECD), the COVID-19 pandemic has negatively affected significant economies, such as India, Australia and Japan. Due to inadequate health and medicine facilities, government authorities had to impose restrictions, such as limited workforce at production sites. China and India witnessed an increase in the demand for AR/VR headsets in 2020. Most of the major HMD manufacturers are based in APAC. This is another major factor behind the dominance of this region in the market wherein the vendors have also faced supply chain issues in 2020 that has led to slow down in the growth of the head mounted display market. 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC head mounted display market. The APAC head mounted display market is expected to grow at a good CAGR during the forecast period.

APAC Head Mounted Display

Market Revenue and Forecast to 2028 (US$ Million)

APAC Head Mounted Display Market Segmentation

APAC Head Mounted Display Market – By Type

• Integrated HMD
• Discrete HMD
• Slide-On HMD

APAC Head Mounted Display Market – By

Application

• Training & Simulation
• Sports & Leisure
• Imaging
• Defense & Security
• Others

APAC Head Mounted Display Market – By Component

• Display Screens
• Controllers
• Sensors
• Cameras
• Others

APAC Head Mounted Display Market – By Technology

• Augmented Reality
• Virtual Reality
• Mixed Reality

APAC Head Mounted Display Market – By Design

• Head Mounted Display
• Wearable Glasses

APAC Head Mounted Display Market – By Connection

• Wired
• Wireless
• Hybrid

APAC Head Mounted Display Market, by Country 

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

APAC Head Mounted Display Market - Companies Mentioned

• BAE Systems
• Google LLC
• HTC Corporation (VIVE)
• Lenovo Group Limited
• Microsoft Corporation
• Samsung Electronics Co., Ltd.
• Seiko Epson Corporation
• Sony Corporation

Asia Pacific Head Mounted Display Strategic Insights

Strategic insights for the Asia Pacific Head Mounted Display provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Head Mounted Display Report Scope

Asia Pacific Head Mounted Display Regional Insights

The geographic scope of the Asia Pacific Head Mounted Display refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.