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VR Display Screen Market By Product (LED, OLED), By Application (VR Headsets, VR Play-station) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Growing AR/VR Sector to Ensure Robust Boost to VR Display Screen Market

The VR display screen market worldwide is expected to grow with a CAGR of 20% during the forecast period from 2019 to 2027. The VR display screen market worldwide is observing robust growth driven by the virtual reality market. Virtual reality is primarily used in entertainment for video gaming and 3D cinema. VR display offers a cost-effective tool to study and replicate interactions in a controlled environment. The VR screen displays that project information like images, videos, and texts. Further, a VR display screen gives a real-time experience to the users. Due to all these factors, we are expecting huge growth in the VR display screen market during the forecast period. 

Market Synopsis

VR Headset Market to Continue to Grow Significantly

The VR Headset Market segment shall lead the VR Display Screen Market. The VR headset market is projected to grow at a CAGR of 30% throughout the forecast. The increasing trend and adoption of virtual reality are expected to strengthen the demand for virtual reality headsets. In addition, the demand for an immersive 3D environment is expected to create an increased demand for the virtual reality headsets market. Furthermore, the increased demand for virtual reality headsets in advertising, automotive, and gaming industries shall drive the headset market. All these factors shall drive the VR headset market, which shall further lead to the growth of the VR display screen market.

The Asia Pacific to Register the Fastest Growth

North America leads VR Display Screen Market. VR Display Screen Market is driven by higher penetration of VR technology and higher R&D investments by major players in this region. However, the Asia Pacific is set to register the highest growth in the market during the forecast period. Backed by a growing technological user base in the region, especially in developing countries in Korea and China. Further, the region will witness industrial expansion with new technological advancements, which shall further drive the VR Display Screen Market. On account of these factors, Asia Pacific will grow with the highest CAGR throughout the forecast period.

Some prominent players operating in the VR Display Screen Market include Samsung, LG, JDI, Visionox, BOE, CSOT, and DJI. 

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027. 

Report Scope by Segments

The VR Display Screen Market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global VR Display Screen Market based on product type, application, and geography. Key segments covered in the report are as follows:

 

Segmentation Product Type Segment (2017–2027; US$ Bn)

  • LED
  • OLED 

Application Segment (2017–2027; US$ Bn)

  • VR Headsets
  • VR Play-station

Geography Segment (2017–2027; US$ Bn)

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Unique data points of this report

  • Statistics on electronics worldwide
  • Recent trends across different regions in terms of adoption of VR Display Screen across various applications
  • Notable developments going on in VR Display Screen Market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast 

Frequently asked questions :

The market for VR Display Screen Market is expected to reach US$ XX Bn by 2027.

The VR Display Screen Market is expected to see significant CAGR growth over the coming years, at 20%.

The report is forecasted from 2019-2027

The base year of this report is 2018.

Samsung Electronics Co., Ltd, LG, JDI, Visionox, BOE, CSOT are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2019
Category:  Technology & Media
Report ID:   59945
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
Delivery Time: 24 Hours to 48 Hours   
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