Virtual Retinal Display Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Virtual Retinal Display Market Trends and it is segmented by End-user Industry (Medical and Life sciences, Aerospace and Defense, Media and Entertainment) and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Virtual Retinal Display Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Virtual Retinal Display Industry Overview

The Virtual Display Market is becoming highly competitive, with multiple vendors expanding their product line to offer a broad portfolio of solutions. Vendors have been rolling out virtual retina displays with numerous product improvements and an expanding array of built-in capabilities. In order to capture higher customer mindshare, they are competing on technologies, pricing, and product support. Key players in the market are Avegant Corporation, Magic Leap Inc., QD Laser Co. Ltd, Texas Instruments Inc., OmniVision Technologies Inc., Himax Technologies Inc., Movidius Inc. (Intel Corporation), Analogix Semiconductor Inc., and many more.

In October 2022, TDK Corporation displayed smart glasses equipped with the world's smallest class ultra-compact full-color laser module (FCLM) under development by TDK. The FCLM was used as a critical component in the smart glasses. Through joint development with QD Laser, Inc., which possesses unique laser direct retinal projection technologies, TDK created a demonstration sample of the smart glasses capable of laser direct retinal projection for both eyes and around double the viewing angle of previous products. The laser direct retinal projection method makes images visible regardless of the viewer's eyesight. In January 2022, Microsoft and Magic Leap collaborated and will make inroads in business with augmented reality glasses. Both companies are further along than individuals realize with AR glasses for specialized uses, especially in healthcare and manufacturing. AR has so much potential in the medical industry that healthcare companies are working hard to develop their headsets or create systems for Hololens or Magic Leap glasses.

Virtual Retinal Display Market Leaders

  1. Magic Leap Inc.

  2. Optivent

  3. Analogix Semiconductor Inc.

  4. QD Laser Co. Ltd

  5. Human Interface Technology Laboratory

  6. *Disclaimer: Major Players sorted in no particular order
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