Global Microdisplay Market Size study, By Technology (Liquid Crystal Display (LCD), Organic Light-emitting Diode (OLED), Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS)), By Type (Near-To-Eye, Projection), By Application (Consumer Electro

Global Microdisplay Market Size study, By Technology (Liquid Crystal Display (LCD), Organic Light-emitting Diode (OLED), Digital Light Processing (DLP), Liquid Crystal on Silicon (LCoS)), By Type (Near-To-Eye, Projection), By Application (Consumer Electronics, Military & Defense, Medical Applications, Industrial Systems, Automotive, Others), and Regional Forecasts 2022-2028

Global Microdisplay Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. A microdisplay is also known microminiaturized display, it is generally with a screen size of fewer than two inches diagonal. This display has a user-configurable technology with a high resolution and high pixel density. Microdisplay is highly adopted in applications such as consumer electronics, military & defense, medical applications, industrial systems, automotive, and many others. The rising integration of microdisplays in wearable devices, surging demand for OLED microdisplays, and increasing use of AR devices in healthcare applications are the several primary factors burgeoning the market growth across the globe. For instance, as per Statista, it is estimated that nearly 1.73 billion mobile augmented reality (AR) user devices were recorded globally, a rise from 600 million (0.6 billion) in 2020. Accordingly, the rising number of augmented reality (AR) device users are demonstrating a positive upsurge in the global market growth. However, high manufacturing costs of microdisplays and reduction in display latency hinder the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of microdisplays in the aerospace and defense sector and the rising development of next-generation micro-LED display technology are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Microdisplay Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing presence of a large number of OEMs and consumers, along with the high adoption of HMD in various industries. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surging demand for consumer electronics and rapid industrialization would create lucrative growth prospects for the Microdisplay Market across the Asia-Pacific region.

Major market players included in this report are:
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

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Liquid Crystal Display (LCD)
Organic Light-emitting Diode (OLED)
Digital Light Processing (DLP)
Liquid Crystal on Silicon (LCoS)
By Type:
Near-To-Eye
Projection
By Application:
Consumer Electronics
Military & Defense
Medical Applications
Industrial Systems
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Microdisplay Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

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

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.