Uploaded on Oct 13, 2020
Microdisplay Market is expected to reach US$ XX Mn in 2026 in terms of revenue with a CAGR of XX% in the forecasting period. https://www.maximizemarketresearch.com/market-report/microdisplay-market/11790/
Microdisplay Market
Microdisplay Market is expected to reach US$ XX Mn in 2026 in terms of revenue
with a CAGR of XX% in the forecasting period.
Microdisplay is featured with CMOS chips which include two-dimensional
transistors. These microdisplay are applicable in rear-projection TVs, head-
mounted displays (HMD), viewfinders in cameras and other data projector
counterparts. Microdisplay enhances the voice and picture clarity when used in
TVs. Technological advancements in microdisplay and emergence of the
microdisplay-based holographic display are encouraging the electronic
equipment manufacturer to invest in R&D of microdisplay having a positive
impact on global microdisplay market.
Microdisplay is compact small-sized displays including high-resolution
capability that advances the picture and voice quality in TVs which
Microdisplay Market it a prime device to be used while manufacturing of
display devices, encouraging the OEMs to use microdiplay in many new devices
such as smartphones, tablets, and others. A growing number of applications in
various consumer electronics and industrial electronics are major factors
which fuel the growth of Microdisplay Market, encouraging the manufacturer of
the device to use microdiaplay in the display devices.
Government regulations for the use of microdiplay in electronic devices and
high initial manufacturing costs are among the factors that impact negatively
the growth of Microdisplay Market.
The Microdisplay Market can be segmented into the product, technology,
application, and region. In terms of product, Near-to-eye (NTE) display device
segment led the Microdisplay Market. NTE display devices include electronic
viewfinders (EVFs), head-mounted displays (HMDs), and heads-up displays
(HUDs). The increasing adoption of AR glasses in the industrial and enterprise
application for providing on-the-job training to field workers, warehouse
management, maintenance and inspection activities, among many others creates a
significant demand for NTE display devices. However, the increase in adoption
of VR HMDs for gaming and entertainment further provides opportunities for the
microdisplay market players. Moreover, the growing use of HUDs in premium cars
fuels the growth of the microdisplay market for NTE display devices.
Based on technology, LCD technology is the leading segment in the global
market and is expected to maintain this trend throughout the forecast period.
Currently, high resolution and excellent picture quality, low power
consumption, and compact size are some of the key driving factors of the
market. However, the OLED segment is expected to witness significant growth in
the future, owing to its compact size and enhanced efficiency.
North America is expected to hold the largest share of the Microdisplay Market
during the forecast period. The growing adoption of microdisplay devices is
one of the major driving factors for Microdisplay Market in North America.
Projectors are increasingly being used in the educational application as
traditional classroom learning is being replaced by web-based and online
learning. Moreover, the growing use of technologically advanced devices
including HMDs, HUDs, and fitness bands would further help drive the growth of
the microdisplay market in the region
The key players in the Microdisplay Market have focused on expanding their
business operations in the fast-growing emerging countries with new product
launch as the preferred strategy. The major players profiled in this report
include eMagin Corporation, Universal Display Corporation, AU Optronics Corp,
KopIn Corporation Inc., Micron Technology Inc., Himax Technology Inc., LG
Display Co. Ltd, Microvision Inc., Sony Corporation, and Syndiant Inc.
https://www.maximizemarketresearch.com/market-report/microdisplay-
market/11790/
Market Scope:
Microdisplay Market, By Product Type
• NTE
• Projection
Microdisplay Market, By Technology
• LED
• OLED
• LCD
• LCoS
• DPL
Microdisplay Market, By Application
• Automotive
• Military
• Defence
• Aerospace
• Commercial
• Medical
• Healthcare
Microdisplay Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Microdisplay Market:
• eMagin Corporation
• Universal Display Corporation
• AU Optronics Corp
• KopIn Corporation Inc.
• Micron Technology Inc.,
• Himax Technology Inc.
• LG Display Co. Ltd
• Microvision Inc.
• Sony Corporation
• Syndiant Inc.
• Yunnan OLiGHTEK Opto-Electronic
• Seiko Epson Corporation.
• WiseChip Semiconductor Inc.
• RAONTECH
• LG Display Co. Ltd.
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