microdisplay market
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Growing Use of HUD-Integrated ADAS 
Driving Microdisplay Market Expansion
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The global microdisplay market was valued at $1,145.6 million in 2020, and it is predicted to 
progress at a CAGR of 17.1% from 2020 to 2030. The major factors driving the expansion of the 
market are the growing use of heads-up display (HUD)-integrated advanced driver assistance 
systems (ADAS), owing to the rising incidence of road accidents, especially in China, the U.S., 
and Japan, and surging number of near-to-eye (NTE) applications. 
 
According to the Federal Motor Carrier Safety Administration (FMCSA), the U.S. launched a 
project to facilitate the use of ADAS in the trucking industry in 2019 due to the ability of ADAS 
to mitigate the prevalence of road crashes, injuries, and fatalities. The government allocating 
$0.65 million to the project, which is predicted to be completed by the end of 2021. Besides, 
the burgeoning need for microdisplays in NTE applications is also driving the microdisplay 
market. These screens are being increasingly adopted in NTE devices, such as personal 
electronics like cameras and mobile phones, HMDs, and AR/VR headsets.
 
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Depending on technology, the market is divided into liquid crystal on silicon (LCoS), organic 
light-emitting diode (OLED), digital light processing (DLP), and liquid crystal display (LCD) 
categories. Out of these, the OLED category is predicted to demonstrate the fastest growth in 
the market in the coming years owing to the mushrooming utilization of OLED screens in TVs, 
smartphones, and other electronic appliances. These screens are highly compact in size and 
provide a high pixel density, which is encouraging the players operating in the market to invest 
heavily in them. 
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The microdisplay market is also classified, on the basis of end user, into industrial, consumer electronics, automotive, 
military and defense, retail and hospitality, sports and entertainment, and medical devices. Out of these, the consumer 
electronics category held the largest share in the market in 2020. This is credited to the large-scale use of 
microdisplays in virtual reality (VR) devices and digital cameras, on account of the ballooning requirement for wide 
viewing angle and clearer image among customers. 
 
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Across the globe, the microdisplay market was dominated by the Asia-Pacific (APAC) region during the last few years, 
and the region is predicted to be the fastest-growing region in the market in the upcoming years as well. This is 
attributed to the existence of several original equipment manufacturers (OEMs) and consumers and rapid 
industrialization in the region. Automotive, industrial, aerospace, military and defense, and consumer are the major 
industries in the region that are using microdisplays. 
 
Presently, the players operating in the industry are focusing on product launches to strengthen their position. For 
example, INT Tech unveiled a native red-green-blue (RGB) active-matrix OLED (AMOLED) microdisplay solution in 
January 2020 for fulfilling the requirement for ultra-low power consumption by XR standalone headsets. This device has 
a structure similar to that of the conventional AMOLED display of mobile phones and a pixel per inch (PPI) density which 
is five-times higher.
 
Hence, the sales of microdisplays will soar all over the world in the coming years, primarily because of the rising 
requirement for HUD-integrated ADAS and growing number of NTE applications. 
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Market Segmentation
• By Technology • By Brightness
 Liquid Crystal Display (LCD)  1,000 Nits
 Digital Light Processing (DLP) • By End User
• By Product Type  Consumer Electronics
 Near-to-Eye (NTE) Device  Industrial
o Electronic viewfinder (EVF)  Automotive
o Head-mounted display (HMD)  Military & Defense
 Augmented reality (AR)
 Sports & Entertainment
 Virtual reality (VR)
 Retail & Hospitality
 Heads-Up Display (HUD)
 Medical Devices
 Projector
o Pico projector  Others (Banking, Financial Services, and 
o Insurance [BFSI], Aerospace, Data projector
Telecommunications, and Construction)
 Others (Monocular and Binocular Systems, Rifle 
Scopes, and Thermal Imaging Glasses)
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Market Segmentation
• By Region  Asia-Pacific (APAC) Microdisplay Market
 North America Microdisplay Market o By technology
o By technology o By product type
o By product type o By brightness
o By brightness o By end user
o By end user o By country – China, India, Japan, South 
Korea, and Rest of APAC
o By country – U.S. and Canada
 Latin America (LATAM) Microdisplay Market
 Europe Microdisplay Market
o By country – Brazil, Mexico, and Rest of 
o By technology LATAM
o By product type
 Middle East and Africa (MEA) Microdisplay Market
o By brightness
o By end user
o By end user
o By country – Turkey, Saudi Arabia, South 
o By country – Germany, France, U.K., Italy, Africa, and Rest of MEA
Spain, and Rest of Europe
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