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Near-Eye Display Market worth $6.65 billion by 2030 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

02 Jun, 2025, 14:30 GMT

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DELRAY BEACH, Fla., June 2, 2025 /PRNewswire/ -- The near-eye display market is projected to reach USD 6.65 billion by 2030 from USD 2.17 billion in 2025 at a CAGR of 25.1% according to a new report by MarketsandMarkets™. Key drivers fueling the growth of the near-eye display market are the increasing demand for immersive technology that enhances user experience, particularly in AR and VR applications. Innovations in OLED-on-Silicon (OLEDoS) and other microdisplay technologies facilitate the production of high-resolution, thin, and low-energy panels appropriate for head-mounted displays. The increasing use of near-eye displays in healthcare, defense, and other verticals is expanding their applications beyond just entertainment. They are used in remote surgery, simulation training, and mission planning applications. As the demand for more advanced augmented reality (AR) and virtual reality (VR) capabilities increases, these technological advancements are positioning panel-based near-eye displays as a core component of the emerging extended reality (XR) landscape.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=204073371

Browse in-depth TOC on "Near-Eye Display Market" 

219 – Tables
58 – Figures
256 – Pages

Near-Eye Display Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 2.17 billion

Estimated Value by 2030

$ 6.65 billion

Growth Rate

Poised to grow at a CAGR of 25.1%

Market Size Available for

2021–2030

Forecast Period

2025–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By technology, device type, resolution, vertical, and region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Technical and usability challenges associated with HMDs

Key Market Opportunities

Surging investments in advanced display technologies

Key Market Drivers

Rising demand for immersive technologies to enhance user experience

Automotive segment to register highest CAGR in near-eye display market during forecast period.

The automotive segment is anticipated to witness the highest CAGR in the near-eye display market during the forecast period, led mainly by the growing acceptance of augmented reality (AR) head-mounted displays (HMDs). Automakers use AR HMDs for applications such as technician training, remote maintenance assistance, quality inspection, and assembly instruction. These products superimpose digital information onto the physical environment, enhancing accuracy, eliminating human error, and making productivity overall a better thing on factory floors and in service depots. AR is used more in design visualization, prototyping, and teamwork because of the shift toward smart manufacturing, automation, and connected cars. High-performance near-eye displays based on technologies such as OLED-on-Silicon (OLEDoS) and MicroLED provide the visual fidelity and responsiveness that these business applications demand. Multiple automotive OEMs and suppliers are committing to XR labs and pilot programs to expand AR across operations. As augmented reality becomes more embedded within workflows, the need for sophisticated near-eye display panels will increase, making the automotive industry a prime growth driver of this market.

AR devices to account for second-largest market share throughout forecast period

Augmented reality (AR) devices are expected to account for the second-largest share of the near-eye display market throughout the forecast period. AR devices superimpose digital information over the real world, necessitating high-quality near-eye display panels with high brightness, high resolution, and low latency. Technologies such as OLED-on-Silicon (OLEDoS), MicroLED, and LCoS find widespread use in AR head-mounted displays (HMDs) because they enable lightweight designs, large fields of view, and power-efficient operation, desirable characteristics for long-term and comfortable use in AR environments.

Increased use of AR devices across various industries, including healthcare, automotive, industrial manufacturing, and education, is driving demand for next-generation panel-based displays. AR HMDs, such as Microsoft HoloLens 2, Magic Leap 2, and smart glasses, rely on near-eye displays to provide a smooth and interactive user experience. Remote collaboration, real-time training, and training simulations are made possible by such devices that are beneficial in the workplace. As more businesses invest in spatial computing and intelligent wearable solutions, the demand for high-quality near-eye display panels in AR devices will continue to grow, cementing their role as a significant segment in the overall near-eye display market.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=204073371

North America to account for second-largest market share throughout forecast period

North America is expected to hold the second-largest share of the near-eye display industry throughout the forecast period. The strong regional presence in virtual, augmented, and mixed reality within the XR ecosystem continues to drive demand for high-performance near-eye display panels. The United States is home to several established technology companies, such as Apple, Meta, Google, and Microsoft, which invest heavily in next-generation head-mounted displays (HMDs) for consumer and enterprise markets. Flagship products, namely the Apple Vision Pro and Meta Quest, have significantly increased interest in panel-based technologies such as OLED-on-Silicon (OLEDoS) and MicroOLED, further solidifying North America's substantial contribution to market growth.

Apart from general consumer use, near-eye displays are also becoming essential for the healthcare, defense, automotive, and industrial sectors across North America. These products enable remote guidance, simulation training, surgical visualization, and prototyping of design. The region's substantial research and development environment, highly skilled workforce, and government support for defense modernization and digitalization contribute to its growth. As the adoption of extended reality (XR) technologies increases, more organizations are integrating near-eye technologies into their workflows. North America remains a key market for panel-based near-eye display solutions, especially those that offer high resolution, brightness, and low latency.

The report profiles key players in near-eye display companies such as Sony Group Corporation (Japan), Seiko Epson Corporation (Japan), BOE Technology Group Co., Ltd. (China), SeeYA Technology (China), eMagin (US), Kopin Corporation (US), Himax Technologies (Taiwan), MICROOLED Technologies (France), HOLOEYE Photonics AG (Germany), and Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China). These players have adopted various organic and inorganic growth strategies such as product launches, expansions, acquisitions, partnerships, collaborations, agreements, and investments.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=204073371

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Augmented and Virtual Reality Market by Enterprise, Technology (Augmented Reality, Virtual Reality), Offering (Hardware, Software), Device Type (HMDs, HUDs, Gesture Tracking Devices), Application and Region - Global Forecast to 2029

Head Mounted Display (HMD) Market Size, Share, Statistics and Industry Growth Analysis Report by Type, Technology (AR, VR), Application (Consumer, Commercial, Enterprise & Industry, Aerospace & Defense), Product Type (Head-mounted, eyewear), Component, Connectivity and Region - Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar

MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/near-eye-display-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/near-eye-display.asp

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