Europe Head Mounted Display Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Integrated HMD, Discrete HMD, and Slide-On HMD), Application (Training & Simulation, Sports & Leisure, Imaging, Defense & Security, and Others), Component (Display Screens, Controllers, Sensors, Cameras, and Others), Technology (Augmented Reality, Virtual Reality, and Mixed Reality), Design (Head Mounted Display and Wearable Glasses), and Connection (Wired, Wireless, and Hybrid)
The head mounted display market in Europe is expected to grow from US$ 1,902.67 million in 2021 to US$ 14,050.51 million by 2028; it is estimated to grow at a CAGR of 33.1% from 2021 to 2028.
Military operations are becoming increasingly diverse in their nature. To cope with new and more demanding tasks, the military has researched new tools for use during operations and during training for these operations. There have been numerous goals driving this research over the past several decades. Many of the military requirements and capabilities have specifically driven development of AR systems. Moreover, the Europe head mounted display market growth is primarily driven by the rising adoption of HMD for defense and military applications. Rising adoption of AR/VR headsets in the military is due to the various advantages offered such as it undertakes a huge range of simulations, without the associated costs, thus massively reducing training budgets. Thus, the above-mentioned initiation and development of AR/VR technologies in military sectors will drive the growth of head mounted display market.
In Europe, major countries that are affected by the COVID-19 pandemic are Germany, France, Italy, the UK, and the Netherlands. Due to the increasing number of COVID-19 cases, a few of these countries had to impose stringent and prolonged lockdown along with social isolation in 2020. Europe accounts for ~15% of global AR/VR spend, with European spending to be US$ 1.6 billion in 2020. Europe is among the hardest hit regions by the pandemic, showing a 58% reduction in 2020 AR/VR spending compared to the pre-COVID-19-pandemic scenario.
The COVID-19 pandemic has positively affected the European head mounted display market. However, the demand for electronic devices across different commercial industries to operate remotely while following the government restrictions and operating with limited sources. Moreover, more than ~55% of the companies across Europe have already shifted most of their operations to cloud for automating their business to continue its efficiency. This has led to the rise in investments on AR/VR technology that has directly impacted the Europe head mounted display market during FY 2020. Moreover, the increased adoption of wearable technologies during the pandemic had also helped the market to grow.
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 Europe head mounted display market. The Europe head mounted display market is expected to grow at a good CAGR during the forecast period.
Europe Head Mounted Display Market Revenue and Forecast to 2028 (US$ Million)
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Europe Head Mounted Display Market Segmentation
Europe Head Mounted Display Market – By Type
- Integrated HMD
- Discrete HMD
- Slide-On HMD
Europe Head Mounted Display Market – By Application
- Training & Simulation
- Sports & Leisure
- Imaging
- Defense & Security
- Others
Europe Head Mounted Display Market – By Component
- Display Screens
- Controllers
- Sensors
- Cameras
- Others
Europe Head Mounted Display Market – By Technology
- Augmented Reality
- Virtual Reality
- Mixed Reality
Europe Head Mounted Display Market – By Design
- Head Mounted Display
- Wearable Glasses
Europe Head Mounted Display Market – By Connection
- Wired
- Wireless
- Hybrid
Europe Head Mounted Display Market, by Country
- France
- Germany
- Italy
- Netherlands
- UK
- Rest of Europe
Europe 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
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Head Mounted Display Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.2.1 Ecosystem Analysis
4.3 Expert Opinion
4.4 Market Drivers
4.4.1 HMD getting implemented in gaming application
4.4.2 Rising Usage of AR/VR Headsets Across Military Sector
4.5 Key Market Restraints
4.5.1 HMD modules being Heavy
4.6 Key Market Opportunities
4.6.1 Significant investments by major players in development of HMDs
4.7 Future Trends
4.7.1 Application of HMD in sports application
4.8 Impact Analysis of Drivers and Restraints
5. Head Mounted Display Market – Europe Analysis
5.1 Europe Head Mounted Display Market Overview
5.2 Europe Head Mounted Display Market –Revenue and Forecast to 2028 (US$ Million)
6. Europe Head Mounted Display Market – By Type
6.1 Overview
6.2 Europe Head Mounted Display Market, by Type (2020 and 2028)
6.3 Integrated HMD
6.3.1 Overview
6.3.2 Integrated HMD: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
6.4 Discrete HMD
6.4.1 Overview
6.4.2 Discrete HMD: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
6.5 Slide-On HMD
6.5.1 Overview
6.5.2 Slide-On HMD: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Head Mounted Display Market – By Application
7.1 Overview
7.2 Europe Head Mounted Display Market, by Application (2020 and 2028)
7.3 Training and Simulation
7.3.1 Overview
7.3.2 Training and Simulation: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Sports and Leisure
7.4.1 Overview
7.4.2 Sports and Leisure: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Imaging
7.5.1 Overview
7.5.2 Imaging: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Defence and Security
7.6.1 Overview
7.6.2 Defence and Security: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Head Mounted Display Market Analysis – By Component
8.1 Overview
8.2 Europe Head Mounted Display Market, By Component (2020 and 2028)
8.3 Display Screens
8.3.1 Overview
8.3.2 Display Screens: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Controllers
8.4.1 Overview
8.4.2 Controllers: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Sensors
8.5.1 Overview
8.5.2 Sensors: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Cameras
8.6.1 Overview
8.6.2 Cameras: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Head Mounted Display Market – By Technology
9.1 Overview
9.2 Europe Head Mounted Display Market, by Technology (2020 and 2028)
9.3 Augmented Reality (AR)
9.3.1 Overview
9.3.2 Augmented Reality (AR): Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Virtual Reality (VR)
9.4.1 Overview
9.4.2 Virtual Reality (VR): Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Mixed Reality (MR)
9.5.1 Overview
9.5.2 Mixed Reality (MR): Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Head Mounted Display Market – By Design
10.1 Overview
10.2 Europe Head Mounted Display Market, by Design (2020 and 2028)
10.3 Head mounted displays
10.3.1 Overview
10.3.2 Head mounted displays: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Wearable glasses
10.4.1 Overview
10.4.2 Wearable Glasses: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
11. Europe Head Mounted Display Market Analysis – By Connection
11.1 Overview
11.2 Europe Head Mounted Display Market, By Connection (2020 and 2028)
11.3 Wired
11.3.1 Overview
11.3.2 Wired: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
11.4 Wireless
11.4.1 Overview
11.4.2 Wireless: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
11.5 Hybrid
11.5.1 Overview
11.5.2 Hybrid: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12. Europe Head Mounted Display Market – Country Analysis
12.1 Overview
12.1.1 Europe: Head Mounted Display Market, by Key Country
12.1.1.1 Germany: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.1.1 Germany: Head Mounted Display Market, by Type
12.1.1.1.2 Germany: Head Mounted Display Market, by Application
12.1.1.1.3 Germany: Head Mounted Display Market, by Component
12.1.1.1.4 Germany: Head Mounted Display Market, by Technology
12.1.1.1.5 Germany: Head Mounted Display Market, by Design
12.1.1.1.6 Germany: Head Mounted Display Market, by Connectivity
12.1.1.2 France: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.2.1 France: Head Mounted Display Market, by Type
12.1.1.2.2 France: Head Mounted Display Market, by Application
12.1.1.2.3 France: Head Mounted Display Market, by Component
12.1.1.2.4 France: Head Mounted Display Market, by Technology
12.1.1.2.5 France: Head Mounted Display Market, by Design
12.1.1.2.6 France: Head Mounted Display Market, by Connectivity
12.1.1.3 Italy: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.3.1 Italy: Head Mounted Display Market, by Type
12.1.1.3.2 Italy: Head Mounted Display Market, by Application
12.1.1.3.3 Italy: Head Mounted Display Market, by Component
12.1.1.3.4 Italy: Head Mounted Display Market, by Technology
12.1.1.3.5 Italy: Head Mounted Display Market, by Design
12.1.1.3.6 Italy: Head Mounted Display Market, by Connectivity
12.1.1.4 UK: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.4.1 UK: Head Mounted Display Market, by Type
12.1.1.4.2 UK: Head Mounted Display Market, by Application
12.1.1.4.3 UK: Head Mounted Display Market, by Component
12.1.1.4.4 UK: Head Mounted Display Market, by Technology
12.1.1.4.5 UK: Head Mounted Display Market, by Design
12.1.1.4.6 UK: Head Mounted Display Market, by Connectivity
12.1.1.5 Netherlands: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.5.1 Netherlands: Head Mounted Display Market, by Type
12.1.1.5.2 Netherlands: Head Mounted Display Market, by Application
12.1.1.5.3 Netherlands: Head Mounted Display Market, by Component
12.1.1.5.4 Netherlands: Head Mounted Display Market, by Technology
12.1.1.5.5 Netherlands: Head Mounted Display Market, by Design
12.1.1.5.6 Netherlands: Head Mounted Display Market, by Connectivity
12.1.1.6 Rest of Europe: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.6.1 Rest of Europe: Head Mounted Display Market, by Type
12.1.1.6.2 Rest of Europe: Head Mounted Display Market, by Application
12.1.1.6.3 Rest of Europe: Head Mounted Display Market, by Component
12.1.1.6.4 Rest of Europe: Head Mounted Display Market, by Technology
12.1.1.6.5 Rest of Europe: Head Mounted Display Market, by Design
12.1.1.6.6 Rest of Europe: Head Mounted Display Market, by Connectivity
13. Europe Head Mounted Display Market- COVID-19 Impact Analysis
13.1 Europe: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 Merger and Acquisition
15. Company Profiles
15.1 BAE Systems plc
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Microsoft Corporation
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Seiko Epson Corporation (Seiko Group)
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 LENOVO GROUP LIMITED
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Samsung Electronics Co., Ltd.
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 HTC CORPORATION (VIVE)
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 Sony Corporation
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Google LLC
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
16. Appendix
16.1 About the Insight Partners
16.2 Word Index
LIST OF TABLES
Table 1. Europe Head Mounted Display Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Germany: Head Mounted Display Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Head Mounted Display Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Head Mounted Display Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Head Mounted Display Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Head Mounted Display Market, by Design –Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: Head Mounted Display Market, by Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Head Mounted Display Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Head Mounted Display Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Head Mounted Display Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 11. France: Head Mounted Display Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 12. France: Head Mounted Display Market, by Design –Revenue and Forecast to 2028 (US$ Million)
Table 13. France: Head Mounted Display Market, by Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy: Head Mounted Display Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy: Head Mounted Display Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Head Mounted Display Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Head Mounted Display Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy: Head Mounted Display Market, by Design –Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy: Head Mounted Display Market, by Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 20. UK: Head Mounted Display Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 21. UK: Head Mounted Display Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 22. UK: Head Mounted Display Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 23. UK: Head Mounted Display Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 24. UK: Head Mounted Display Market, by Design –Revenue and Forecast to 2028 (US$ Million)
Table 25. UK: Head Mounted Display Market, by Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 26. Netherlands: Head Mounted Display Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 27. Netherlands: Head Mounted Display Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 28. Netherlands: Head Mounted Display Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 29. Netherlands: Head Mounted Display Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 30. Netherlands: Head Mounted Display Market, by Design –Revenue and Forecast to 2028 (US$ Million)
Table 31. Netherlands: Head Mounted Display Market, by Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: Head Mounted Display Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: Head Mounted Display Market, by Application –Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Head Mounted Display Market, by Component –Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe: Head Mounted Display Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe: Head Mounted Display Market, by Design –Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe: Head Mounted Display Market, by Connectivity –Revenue and Forecast to 2028 (US$ Million)
Table 38. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Head Mounted Display Market Segmentation
Figure 2. Europe Head Mounted Display Market Segmentation – By Country
Figure 3. Europe Head Mounted Display Market Overview
Figure 4. Discrete HMD Held the Largest Market Share in 2020
Figure 5. Sport & Leisure Held the Largest Market Share in 2020
Figure 6. Sensors Segment Held the Largest Market Share in 2020
Figure 7. Virtual Reality (VR) Segment Held the Largest Market Share in 2020
Figure 8. Head Mounted Display Segment Held the Largest Market Share in 2020
Figure 9. Wireless Segment Held the Largest Market Share in 2020
Figure 10. Germany Segment Held the Largest Market Share in 2020
Figure 11. Europe – PEST Analysis
Figure 12. Ecosystem Analysis
Figure 13. Expert Opinion
Figure 14. Europe Head Mounted Display Market Impact Analysis of Drivers and Restraints
Figure 15. Europe Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Head Mounted Display Market Revenue Share, by Type (2020 and 2028)
Figure 17. Europe Integrated HMD: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Discrete HMD: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Slide-On HMD: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Head Mounted Display Market Revenue Share, by Application (2020 and 2028)
Figure 21. Europe Training and Simulation: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Sports and Leisure: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Imaging: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Defence and Security: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Others: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Head Mounted Display Market Revenue Share, by Component (2020 and 2028)
Figure 27. Europe Display Screens: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Controllers: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Sensors: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe Cameras: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe Others: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe Head Mounted Display Market Revenue Share, by Technology (2020 and 2028)
Figure 33. Europe Augmented Reality (AR): Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe Virtual Reality (VR): Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Mixed Reality (MR): Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Europe Head Mounted Display Market Revenue Share, by Design (2020 and 2028)
Figure 37. Europe Head mounted displays: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe Wearable glasses: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe Head Mounted Display Market Revenue Share, by Connection (2020 and 2028)
Figure 40. Europe Wired: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe Wireless: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Europe Hybrid: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Europe: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Head Mounted Display Market Revenue Share, by Key Country (2020 and 2028)
Figure 45. Germany: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Italy: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. UK: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Netherlands: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Head Mounted Display Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Impact of COVID-19 Pandemic in Europe Country Markets
- BAE Systems
- Google LLC
- HTC Corporation (VIVE)
- Lenovo Group Limited
- Microsoft Corporation
- Samsung Electronics Co., Ltd.
- Seiko Epson Corporation
- Sony Corporation
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