Summary
About Smart Glasses Market for Industrial Applications
Smart glasses are AR devices that are widely regarded as the next big technological advance, following Google's launch of the Google Glass project. They are more comfortable to wear and can be used constantly, unlike other devices. Smart glasses are also used for industrial purposes such as reading manuals, checking the status of a system, and detecting possible errors.
There are many industrial applications for smart glasses. Manufacturing, service and maintenance, and construction are some of the sectors that might be the first to adopt them. In service and maintenance plants, it is easier to pull up a virtual manual while repairing an engine than to hold one in hand. Smart glasses can provide a step-by-step guide on repairing an engine along with videos, making the job easier for technicians. Viewing 3D designs of buildings during construction and comparing them with actual buildings are also easier with smart glasses. An architect can compare original designs side by side with the actual building and analyze the progress of the construction.
Technavio’s analysts forecast the global smart glasses market to grow at a CAGR of 146.3% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart glasses market for industrial applications for the period 2015-2020. To calculate the market size, the report covers the sales of smart glasses for industrial applications.
The market is divided into the following segments based on geography:
- APAC
- Americas
- EMEA
Technavio's report, Global Smart Glasses Market for Industrial Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Key vendors
- Atheer
- Laster Technologies
- Lumus
- Meta
- Osterhout Design Group
- Optinvent
- Penny
- Recon
Market driver
- Increased vendor participation
- For a full, detailed list, view our report
Market challenge
- High prices
- For a full, detailed list, view our report
Market trend
- Crowdfunding
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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