Global Microdisplay Market, By Technology (OLED, LCD, LCos, DLP, Others), By Products (Projectors, H

Published Date: | Report Code : IT1958391


Global Microdisplay Market, By Technology (OLED, LCD, LCos, DLP, Others), By Products (Projectors, Headsets, Smart Glasses, HMD, EVF, Others), By End Users (Healthcare, Consumer Electronics, Industrial, Automotive, Defense, Aerospace, Education, Commercial, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting(2016-2025)

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Report Code : IT1958391

Status : Upcoming

Microdisplay is predominantly a compact display of less than a quarter inch. It involves user-configurable technology, high pixel density, and high resolution, commonly used in intelligent bands, smartwatches, and intelligent glasses to allow images of quality and contrast ratio. It also provides super-extended graphics array resolution for enhanced angle viewing and enhanced brightness. In microdisplay techniques, DLP, LCD and LCos are widely used. Microdisplay currently finds its wide variety of apps for quicker results and real-time tracking in the defense and military sectors.

Growing popularity among customers of smartwatches and fitness trackers for multiple apps, such as health surveillance, lifestyle support, entertainment, and fitness tracking, is anticipated to boost microdisplay demand over the forecast period. It is also probable that the emergence of microdisplay-based holographic displays will boost market growth in the days ahead.

In addition, young people are increasingly adopting Virtual Reality (VR) headsets compatible with smartphones and other devices for an improved gaming experience. Manufacturers of smartphones like Samsung and HTC also give VR headsets when fresh smartphones are purchased. This trend is about to propel the market further.

Key Factors Impacting Market Growth:
    • Increased HMD adoption in various industries
    • Aerospace & Defense Industry Opportunities
    • High cost of manufacturing

Regional Analysis:

By region, the microdisplay market has been segmented in North America, Europe, Asia Pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. 

Western Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for microdisplay market.Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for the microdisplay market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Companies Covered: AU Optronics Corp, eMagin Corporation, Himax Technology Inc., KopIn Corporation Inc., LG Display Co. Ltd, Microvision Inc., Omnivision Technologies, Inc., Sony Corporation, Syndiant Inc., and Universal Display Corporation…

Market Segmentation:
By Technology:
    • OLED
    • LCD
    • LCos
    • DLP
    • Others

By Products:
    • Projectors
    • Headsets
    • Smart Glasses
    • HMD
    • EVF
    • Others

By End Users:
    • Healthcare
    • Consumer Electronics
    • Industrial
    • Automotive
    • Defense
    • Aerospace
    • Education
    • Commercial
    • Others

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Technology
        ◦ By Products
        ◦ By End Users
    • Western Europe:
        ◦ By Country (Germany, UK, France, Spain, Rest of Western Europe)
        ◦ By Technology
        ◦ By Products
        ◦ By End Users
    • Eastern Europe:
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Technology
        ◦ By Products
        ◦ By End Users
    • Asia Pacific
        ◦ By Country (China, Japan, India, Rest of Asia Pacific)
        ◦ By Technology
        ◦ By Products
        ◦ By End Users
    • Middle East:
        ◦ By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
        ◦ By Technology
        ◦ By Products
        ◦ By End Users
    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Technology
        ◦ By Products
        ◦ By End Users

Reasons To Buy This Report:
    • Market size estimation of the microdisplay market on a regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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