Press release
Sensors in AR VR Market 2020 Will Emerge Globally And Grow With High CAGR of 26.20% By 2026 | Know the Which Companies Get Benefited or Lose out From the Impact of COVID-19
The Global Sensors in AR VR Market Ecosystem was valued at US$ 324.0 Mn in 2018 and is expected to reach US$ XX Mn by the end of the forecast period, expanding at a CAGR of 26.20% by 2027.The ripple effect of Coronavirus-COVID19 on the Sensors in AR VR Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Sensors in AR VR Market. Key datasets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.
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Devices that include AR VR may soon replace mobile computing, owing to their technological superiority. Since 2016, several AR VR-enabled products have been introduced in the market by companies including Google LLC, Sony Corporation, and Oculus VR. Since the acquisition of Oculus, Facebook Inc. has acquired 11 more AR VR companies. The demand for AR VR has witnessed the strongest growth from industries such as retail, consumer, healthcare, aerospace, and military, among others. Owing to the robust growth of the AR VR market, the demand for sensors has also witnessed a good growth trajectory.
Market Segmentation:
Following Top Key players are profiled in this Market Study:
NXP Semiconductors N.V., TDK Corporation, ST Microelectronics, Texas and more…
End-Use Industry: Logistics, Healthcare, Automotive, Retail, BFSI, Defence, Aerospace, Consumer industry, Others
Based on applications, the head mounted displays segment captured a major chunk of the market in 2018 and is likely to display similar trends in the coming years as well. HMDs have found major usage in several areas such as training & simulation and gaming, among others. Gyroscopes, motion sensors, accelerometers, and magnetometers are some of the sensors used in HMD devices. For instance, the combination of magnetometers, gyroscopes, and accelerometers has given superior viewing experiences within the virtual environment. These sensors help achieve the goal of giving the best viewing experience - the six degrees of experience, also known as 6DOF. The freedom of movement that can be achieved in the 3D space is imperative for virtual reality, allowing for better tracking of the movement of users and amplifying the level of interactivity within the environment.
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REGIONAL ANALYSIS OF Sensors in AR VR MARKET ECOSYSTEM
Based on regions, Asia Pacific dominated the sensors space in 2018 and is likely to retain its position throughout the forecast period as well, followed by North America. The AR VR ecosystem in Taiwan is expanding at a rapid pace, along with the advancement of related technologies. More firms are entering the sector, targeting the growth potential of the AR VR industry in the country. In October 2018, HTC Corporation announced the inauguration of KosmoSpot x VIVELAND, which is a flagship virtual reality motion sensing technology exhibition park displaying a broad collection of content in Taiwan. This exhibition park is formed through the collaboration between the Kaohsiung City Government and the Industrial Development Bureau, Ministry of Economic Affairs. The inauguration of this park has added to the growth of the AR VR sensors market in Taiwan.
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Table of Content:
Ecosystem Report – Table of Content
1.Introduction
1.Global Sensors in AR VR Market Ecosystem Definition
2.Scope of study
2.Executive Summary
1.Global Market Segmentation
Sensors in AR VR Market Ecosystem Positioning
1.Global Sensors in AR VR Market Ecosystem Snapshot
2.Global Sensors in AR VR Market Ecosystem Segmentation
1.By Component
Sensors in AR VR Market Ecosystem Sizing, Volume, and ASP Analysis & Forecast
1.Global Sensors in AR VR Market Ecosystem Sizing & Volume
1.Cross-segmentation
And More…
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