Market Overview:
The global AR waveguide market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The increasing demand for AR waveguides in consumer electronics, industrial and military applications is one of the key factors driving the growth of this market. Additionally, the growing adoption of AR waveguides in medical and healthcare applications is also contributing to the growth of this market. However, high manufacturing costs associated with these devices may restrain their wider adoption in certain application areas.
Product Definition:
An AR waveguide is a device that can be used to direct and control the flow of light. It is often used in conjunction with AR displays to help improve the overall visual experience. The importance of AR waveguides lies in their ability to help control the light emitted from displays, which can then be used to create more immersive and realistic visual experiences for users.
Geometric Waveguide:
Geometric waveguide is a conducting structure that guides electromagnetic waves. It consists of two metal sheets with a glass or plastic barrier between them, which allows only certain wavelengths to pass through while blocking others. The main application of geometric waveguides is in optical interconnects within an electronic system where they are used as transmission media for light signals between components having different specifications such as connectors and circuit boards.
Diffractive Waveguide (Surface Relief Grating):
Diffractive Waveguide (Surface Relief Grating) is a type of waveguide that uses diffraction to direct and focus light. It’s also known as surface grating or relief grating. The basic principle behind these waveguides is simple – the light travels in straight lines at certain angles, which are determined by the shape of the guide pattern on its surface.
Application Insights:
The global market is segmented by application into consumer electronics, industrial, and military. The consumer electronics segment held the largest share in 2017. It is also expected to be the fastest-growing application over the forecast period owing to increasing demand for smartphones and other communication devices from various end-use industries such as telecommunication & IT, media & entertainment, healthcare etc.
The industrial sector accounted for a significant share in 2017 due to rising adoption of augmented reality applications in various industries such as construction and mining among others. Moreover, it is estimated that around USD 1 billion worth of products are projected to be launched using augmented reality techniques globally by 2019 which will further boost industry growth over the coming years.
Regional Analysis:
The global market is segmented as North America, Asia Pacific, Europe and the rest of the world (RoW). The U.S. dominates the RoW region with a revenue share of over 80% in 2017 owing to increasing demand from emerging economies such as China and India. Additionally, technological advancements coupled with growing adoption in military applications are expected to drive growth over the forecast period.
Asia Pacific regional market is anticipated to witness significant growth due to rising investments by governments for deploying advanced technologies across various sectors including aerospace & defense.
Growth Factors:
- Increasing demand for AR waveguide in the automotive and aerospace industries due to its high performance and low weight.
- Growing demand for AR waveguide from the consumer electronics sector due to its ability to provide a superior viewing experience.
- Increasing use of AR waveguide in medical applications as it offers a number of advantages over traditional display technologies.
- Rising demand for AR waveguide in education sector as it can be used to create interactive learning experiences for students.
- increasing adoption of augmented reality technology by businesses across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
AR Waveguide Market Research Report
By Type
Geometric Waveguide, Diffractive Waveguide (Surface Relief Grating), Diffractive Waveguide (Volume Holographic Gratings)
By Application
Consumer Electronics, Industrial, Military
By Companies
Waveoptics, Lumus, LetinAR, Holoptics, Optinvent, Goertek, Crystal Optech, DigiLens, North Ocean Photonics, Lochn Optics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global AR Waveguide Market Report Segments:
The global AR Waveguide market is segmented on the basis of:
Types
Geometric Waveguide, Diffractive Waveguide (Surface Relief Grating), Diffractive Waveguide (Volume Holographic Gratings)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Industrial, Military
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Waveoptics
- Lumus
- LetinAR
- Holoptics
- Optinvent
- Goertek
- Crystal Optech
- DigiLens
- North Ocean Photonics
- Lochn Optics
Highlights of The AR Waveguide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Geometric Waveguide
- Diffractive Waveguide (Surface Relief Grating)
- Diffractive Waveguide (Volume Holographic Gratings)
- By Application:
- Consumer Electronics
- Industrial
- Military
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AR Waveguide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AR waveguide is a type of optical fiber that can be used to transmit light over long distances. It consists of a core of glass or plastic surrounded by a thin layer of metal. When an electric current is passed through the waveguide, it creates an oscillating magnetic field that travels along the fiber like waves. This field allows light to travel through the fiber without being scattered, which makes AR waveguides useful for transmitting high-frequency signals and images.
Some of the major companies in the ar waveguide market are Waveoptics, Lumus, LetinAR, Holoptics, Optinvent, Goertek, Crystal Optech, DigiLens, North Ocean Photonics, Lochn Optics.
The ar waveguide market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AR Waveguide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AR Waveguide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AR Waveguide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AR Waveguide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AR Waveguide Market Size & Forecast, 2020-2028
4.5.1 AR Waveguide Market Size and Y-o-Y Growth
4.5.2 AR Waveguide Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Geometric Waveguide
5.2.2 Diffractive Waveguide (Surface Relief Grating)
5.2.3 Diffractive Waveguide (Volume Holographic Gratings)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Industrial
6.2.3 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AR Waveguide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AR Waveguide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Geometric Waveguide
9.6.2 Diffractive Waveguide (Surface Relief Grating)
9.6.3 Diffractive Waveguide (Volume Holographic Gratings)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Industrial
9.10.3 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Geometric Waveguide
10.6.2 Diffractive Waveguide (Surface Relief Grating)
10.6.3 Diffractive Waveguide (Volume Holographic Gratings)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Industrial
10.10.3 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Geometric Waveguide
11.6.2 Diffractive Waveguide (Surface Relief Grating)
11.6.3 Diffractive Waveguide (Volume Holographic Gratings)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Industrial
11.10.3 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Geometric Waveguide
12.6.2 Diffractive Waveguide (Surface Relief Grating)
12.6.3 Diffractive Waveguide (Volume Holographic Gratings)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Industrial
12.10.3 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Geometric Waveguide
13.6.2 Diffractive Waveguide (Surface Relief Grating)
13.6.3 Diffractive Waveguide (Volume Holographic Gratings)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Industrial
13.10.3 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AR Waveguide Market: Competitive Dashboard
14.2 Global AR Waveguide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Waveoptics
14.3.2 Lumus
14.3.3 LetinAR
14.3.4 Holoptics
14.3.5 Optinvent
14.3.6 Goertek
14.3.7 Crystal Optech
14.3.8 DigiLens
14.3.9 North Ocean Photonics
14.3.10 Lochn Optics
