Global AR Lens Market Growth 2023-2029

Global AR Lens Market Growth 2023-2029

Product Code:461892

Published Date: Feb 08,2023

Pages: 109

Region: Global

Category: Consumer Goods

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The HoloLens is a head-mounted display unit connected to an adjustable, cushioned inner headband, which can tilt HoloLens up and down, as well as forward and backward.To wear the unit, the user fits the HoloLens on their head, using an adjustment wheel at the back of the headband to secure it around the crown, supporting and distributing the weight of the unit equally for comfort,[16] before tilting the visor towards the front of the eyes.

Display Features:
Optics: See-through holographic lenses (waveguides)
Resolution: 2k 3:2 light engines
Holographic density: >2.5k radiants (light points per radian)
Eye-based rendering: Display optimization for 3D eye position
On Twitter Microsoft’s Alex Kipman clarified the details. The headset provides 52 degrees of augmented viewing when measured diagonally, according to Kipman. Given that the Microsoft website states the headset’s aspect ratio is 3:2, this would give a horizontal FoV of 43° and a vertical of 29° using the basic Pythagorean theorem.

LPI (LP Information)' newest research report, the “AR Lens Industry Forecast” looks at past sales and reviews total world AR Lens sales in 2022, providing a comprehensive analysis by region and market sector of projected AR Lens sales for 2023 through 2029. With AR Lens sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AR Lens industry.

This Insight Report provides a comprehensive analysis of the global AR Lens landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AR Lens portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global AR Lens market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AR Lens and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AR Lens.

The global AR Lens market size is projected to grow from US$ 101.4 million in 2022 to US$ 219 million in 2029; it is expected to grow at a CAGR of 219 from 2023 to 2029.

The classification of AR Lens includes FOV 15°, FOV 23-30°, FOV 40° and others. According to the research study, the FOV 23-30° segment held a significant share of the of the AR Lens market.

The use and potential applications of augmented reality (AR) devices in many industries, including gaming, military, education, transportation, manufacturing and medicine, are growing rapidly.

North America held a key market revenue share of the AR Lens market in 2019 which account for 31.67%. The market in the region is anticipated to expand at a CAGR of 12.04% during the 2019-2026. The increasing adoption of AR Lens is expected to offer lucrative opportunities for vendors. In 2019, Microsoft, LX-AR, Lumus ranked top 3 of the revenue share in global market. These companies will witness a stable growth in the following five years.

This report presents a comprehensive overview, market shares, and growth opportunities of AR Lens market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    FOV 15°
    FOV 23-30°
    FOV 40°

Segmentation by application
    Gaming
    Military
    Education
    Transportation
    Manufacturing
    Medicine

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Microsoft
    LX-AR
    Lumus
    Optinvent
    Optics Division
    Radiant Vision Systems
    Huynew
    Crystal Optech
    Vuzix
    North Ocean Photonics
    Holoptics(Luminit)
    Beijing Ned
    Lochn Optics

Key Questions Addressed in this Report
What is the 10-year outlook for the global AR Lens market?
What factors are driving AR Lens market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do AR Lens market opportunities vary by end market size?
How does AR Lens break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?