The global market for microdisplay is projected to have considerable CAGR of around 30.5% during the forecast period. The major factors that propels the microdisplay market include the properties such as compact size, technological development in microdisplay growing demand of OLED microdisplay, growing application of microdisplay in advanced driver-assistance systems (ADAS) and others. Microdisplays are the essential technology for Near-to-Eye (NTE) displays, and Head Mounted Displays (HMD) for the application in AR, VR, military training, immersive gaming and simulation. The advanced microdisplay technology is expected to lead the next-generation applications in consumer electronics market owing to various beneficial factors such as immersive screens, thinner, lightweight, durability and differentiating form. Moreover, growing demand of microdisplays in wearable such as smart watches further provides significant opportunity to the market.
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The global microdisplay market is segmented based on type, technology, and end-user industry. On the basis of type the global market for microdisplay is further classified into projectors, near-to-eye (NTE) display, and others. The NTE display type is widely adopted for AR glasses in industrial applications therefore growing significantly during the forecast period. Based on the technology, the market is further classified into organic light-emitting diode (OLED), liquid crystal display (LCD), liquid crystal on silicon (LCOS), and digital light processing (DLP). On the basis of end-user industry the market is further segregated into automotive, consumer electronics, military & defence, industrial, and others. Among end-user industry the consumer electronics industry estimated to have considerable CAGR during the forecast period. The growing demand of microdisplay in wearable, smartphone and others are contributing in the growth of the segment.
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Market Segmentation
Global Microdisplay Market by Type
• Projectors
• Near-to-Eye (NTE) Display
• Others( Head-up Display)
Global Microdisplay Market by Technology
• OrganicLight-Emitting Diode (OLED)
• Liquid Crystal Display (LCD)
• Liquid Crystal On Silicon ( LCOS)
• Digital Light Processing (DLP)
Global Microdisplay Market by End-user Industry
• Automotive
• Consumer Electronics
• Military & Defence
• Industrial
• Others( Healthcare)
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Citizen Finedevice Co., Ltd.
• eMagin Corp.
• Himax Technologies, Inc.
• HOLOEYE Photonics AG
• Jasper Display Corp.
• Kopin Corp.
• Liteye Systems, Inc.
• Lumiode, Inc.
• MICROOLED
• MicroVision, Inc.
• OmniVision Technologies, Inc.
• Raystar Optronics, Inc.
• Raontech
• Silicon Micro Display
• Sony Corp.
• Seiko Epson Corp.
• Syndiant, Inc.
• WiseChip Semiconductor Inc.
• WINSTAR Display Co., Ltd.
• Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd.
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