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Global AR Lens Market Estimated to be 176 million USD in 2026 – QY Research

Author: QYResearch  |   Published Date: 2020-11-10   |   Views: 54



QY Research has published a new report on the global AR Lens market. According to QY Research, the global AR Lens market was valued at US$ 90.28 million in 2019 and it is expected to reach US$ 176.30 million by the end of 2026, growing at a CAGR of 11.24% during 2020-2026.

AR Lens are critical component in the AR device, AR Lens is responsible for displaying the image content. Optical display is the core technology of AR glasses, and optical waveguide is currently the optical display star solution that giants are chasing.

Global AR Lens Market: Market Driver Analysis

Augmented reality technology saw its record growth in 2019. Commercial support for AR is positioned to be strong, with big tech names like Microsoft, Amazon, Apple, Facebook and Google making serious commitments. As of May 2019, the installed user base for AR-supporting mobile devices reached 1.5 billion. Industry players in the augmented reality world expect 2020 to be a year marked by an uptick in the pace of industry growth.

A bulk of the latest advances in the field of AR were showcased at a number of tech events, some of which, such as Augmented World Expo and Consumer Electronics Show, were attended by our team. They inspired us to gather these 9 trends that will shape the future of augmented reality over the next couple of years—and may inspire you on your own innovations.

The fast growth of AR industry stimulates the development of it up and downstream industries, including the AR lens industry.

Global AR Lens Market- Key Players

Microsoft, LX-AR, Lumus, Optinvent, Optics Division, Radiant Vision Systems, Huynew, Crystal Optech, Vuzix, North Ocean Photonics, HolopticsLuminit, Beijing Ned, Lochn Optics,  are some of the key players, functioning in the global AR Lens market. Microsoft is the largest producer of AR lens with 15.5% production share in 2019.

Global AR Lens Market: Segmental Analysis

Based on the FOV, the AR lens can be classified as FOV 15°, FOV 23-30°, FOV 40°. Presently, FOV 15° and FOV 23-30° are the most popular ones in the market. The most typical application of AR is games and entertainment equipment. AR can play games as much as possible in simulating reality, and it can be infinitely close to the real world, to achieve a sense of reality of "fake reality" and achieve extraordinary an immersive experience.

Global AR Lens Market: Regional Analysis

North America, Europe, Asia-Pacific, Latin America are analyzed in the report. Production of AR Lens mainly locates in North America, Europe, China and Japan. Other regions still need to import to meet their demand.

Read More Information: https://www.qyresearch.com/index/detail/2158131/global-ar-lens-market

 

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