Semiconductors and Electronics
GLOBAL EYE TRACKING MARKET was valued at USD 310 Million for the year 2017. Eye Tracking Market is further expected to grow at a CAGR of 27.16% from 2018 to reach USD 1.29 Billion by the year 2023. North America region holds the highest market share in 2017. The Asia-Pacific region is also considered as the fastest growing market in the forecasted period. The US is the major market in 2017 at country level and it is also further anticipated to grow at a steady pace in the next 5 years.
Eyetracking, Inc. (US), Seeing Machines Ltd. (Australia), Tobii AB (Sweden), Smart Eye AB (Sweden), Sensomotoric Instruments GmbH (Apple Inc.) (Germany) are some of the top players in the Eye Tracking Market with Tobii AB holding a substantial market share in 2017. Better global reach, at the operational level, is the main reason for holding this market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies like collaboration & acquisition were a few techniques adopted by various manufacturers in last 5 years.
Increasing demand for live & authentic data from different industry sectors
Automation adopted by most industry sectors would reduce human involvement
Increasing use of applications in the AR/VR Market
Estimating the economies of scale
The segmentation done on the basis of Offering include Software, Hardware of which the Hardware segment is expected to hold the highest market share during the forecast period. The market share is due to the increasing demand for products headgears, head-mounted displays, and glasses.
Segmentation done on the basis of Industry includes Automotive and Transportation, Healthcare and Research Labs, Consumer Electronics, Retail and Advertisement, Defense, and Aerospace segment of which Automotive and Transportation segment is expected to grow at the highest CAGR during the forecasted period. This growth is expected as automotive manufacturers like Audi & BMW are focusing on issues such as driver safety. The product features include observing specifics of driver eyelid closure, eye gaze pattern and to warn the driver if the eyes are off the road to prevent mishaps.
AR and VR
Human Behavior and Market Research
Automotive and Transportation
Healthcare and Research Labs
Retail and Advertisement
Defense, and Aerospace
Key Market Players
Seeing Machines Ltd.
Smart Eye AB
Sensomotoric Instruments GmbH (Apple Inc.)
Eyetech Digital Systems, Inc.
PRS in Vivo
Sr Research Ltd.
Lc Technologies, Inc.
(Another brief information of 15 companies will be provided in the report)
Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
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1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
18.104.22.168. Key Data from Secondary Research
2.1.2. Primary Research
22.214.171.124. Key Data from Primary Research
126.96.36.199. Breakdowns of Primary Interviews
2.2. Market Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
3. Executive Summary
4. Market Overview
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Eye Tracking Market, By Offering
7. Eye Tracking Market, By Application
7.1. AR and VR
7.2. Human Behavior and Market Research
7.3. Assistive Communication
8. Eye Tracking Market, By Industry
8.1. Automotive and Transportation
8.2. Healthcare and Research Labs
8.3. Consumer Electronics
8.4. Retail and Advertisement
8.5. Defense, and Aerospace
9. Geographical Analysis
9.2. North America
9.4. Asia Pacific
9.5.1. Latin America
9.5.2. Middle East and Africa
10. Company Profiles
(Business Overview, Financial Overview, Product write Up, Recent Developments)
10.1. Eyetracking, Inc.
10.2. Seeing Machines Ltd
10.3. Tobii AB
10.4. Smart Eye AB
10.5. Sensomotoric Instruments GmbH (Apple Inc.)
10.6. PRS in Vivo
10.7. Ergoneers GmbH
10.8. Sr Research Ltd
10.9. Lc Technologies, Inc.
10.10. Eyetech Digital Systems, Inc
(Another brief information of 15 companies will provided in report)
11. Competitive Analysis
11.2. Market Positioning of Key Players
11.3 Competitive Strategies Adopted by Leading Players
11.3.1. Investments & Expansions
11.3.2. New Product Launches
11.3.3. Mergers & Acquisitions
11.3.4. Agreements, Joint Ventures, and Partnerships
12.2. Available Customizations
12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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