Microdisplay Market by Product (NTE Devices, HUDs, Projectors), Technology (OLED, LCoS, MicroLED), Vertical (Consumer, Industrial and Enterprise, Automotive, Retail & Hospitality, Medical), Resolution and Brightness & Region - Global Forecast to 2029

Microdisplay Market by Product (NTE Devices, HUDs, Projectors), Technology (OLED, LCoS, MicroLED), Vertical (Consumer, Industrial and Enterprise, Automotive, Retail & Hospitality, Medical), Resolution and Brightness & Region - Global Forecast to 2029

The global microdisplay market is projected to grow from USD 1.3 billion in 2024 to USD 3.0 billion by 2029, registering a CAGR of 18.2% during the forecast period. The microdisplay market's OLED segment is predicted to increase significantly. The increasing adoption of these advanced displays and their use in HMDs can be linked to the segment's growth. Furthermore, increasing demand for AR devices in the healthcare sector, as well as increasing demand for microdisplays in wearables, are driving market expansion.

“The NTE devices is projected to grow at a significant growth rate during the forecast period”

NTE Devices is predicted to have the highest CAGR over the projection period. OLED-based microdisplays are rapidly being employed in NTE devices due to their better efficiency, fast reaction time, and enhanced color range. The SVGA+ Rev3 OLED-XL microdisplay from eMagin Corporation is a power-efficient OLED display system designed for near-eye personal viewer applications. Due to the presence of leading EVF vendors in Japan, Asia Pacific is projected to continue to have the highest demand for microdisplays to be used in NTE devices during the forecast period.

“Higher than FHD segment is likely to expand at the highest CAGR between 2024 and 2029”

The market for higher than FHD is expected to expand at a faster CAGR over the forecast period. A FHD resolution is 1,920 pixels horizontally and 1,080 pixels vertically on displays.For instance, in August 2023, Sony Semiconductor Solutions Corporation (SSS) introduced the ECX344A, high-definition 1.3-type OLED Microdisplay with 4K resolution for AR/VR applications that will help to recreate places more realistically.

“North America is likely to exhibit second-highest CAGR in the global microdisplay market during the forecast period”

Between 2024 and 2029, North America is likely to expand with the second-highest CAGR owing to the availability of advanced technologies like augmented reality (AR)/Virtual reality (VR) head-mounted displays (HMD), which has led to the increase in demand for microdisplay in region. Consequently, they are now being employed in a wide range of AR and VR applications across diverse fields including consumer, aerospace and defense, industrial as well as healthcare sector; where they primarily serve training simulation and maintenance purposes. Additionally, projectors based on microdisplays have received extensive acceptance within business and corporate levels for advertisements and presentations purposes. Some producers of microdisplays based in North America include Kopin Corporation (US), Liteye (US), OMNIVISION (US) as well as MicroVision (US).  

Breakdown of profiles of primary participants:

By Company Type: Tier 1 = 25%, Tier 2 = 40%, and Tier 3 = 35%

By Designation: C-level Executives = 65%, Managers = 25%, and Others = 10%

By Region: North America = 40%, Europe = 23%, Asia Pacific = 26%, and RoW = 11%

The major companies in the microdisplay market are Seiko Epson Corporation (Japan), SeeYA Technology (China), Sony Group Corporation (Japan), Kopin Corporation (US), Himax Technologies, Inc. (Taiwan), and HOLOEYE Photonics AG (Germany) among others.

Research Coverage

The report segments the microdisplay market and forecasts its size, by value, based on product, technology, resolution, brightness, industry, and region (North America, Europe, Asia Pacific, and the Rest of the World). The report also comprehensively reviews market drivers, restraints, opportunities, and challenges in the microdisplay market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Reasons to Buy the Report:

Analysis of key drivers (growing demand of microdisplays in wearable devices, technological advancements in microdisplays, growing popularity of AR devices in healthcare sector, growing aoption of HMDs in various verticals, rising popularity of OLED microdisplays owing to its increased brightness and efficiency, emerging applications in military, defense & aerospace), restraints (saturation of markets for digital cameras and projectors, high capital investments and manufacturing costs), opportunities (advancements in MicroLED technology, rising demand for medical displays, presence of leading microdisplay manufacturers in Asia Pacific), and challenges (stringent regulations, particularly in medical and automotive applications, reduction in display latency) influencing the growth of the microdisplay market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the microdisplay market

Market Development: Comprehensive information about lucrative markets – the report analyses the microdisplay market across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the microdisplay market.

Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Seiko Epson Corporation (Japan), SeeYA Technology (China), Sony Group Corporation (Japan), Kopin Corporation (US), Himax Technologies, Inc. (Taiwan), and HOLOEYE Photonics AG (Germany) among others.

Tables List

Table 1 Assumptions For Research Study

Table 2 Limitations And Associated Risks

Table 3 Display Technologies Used In Popular Ar And Vr Devices

Table 4 Comparison Of Different Display Technologies

Table 5 Microdisplay Market: Companies And Their Role

Table 6 Microdisplay Technology Comparison

Table 7 Microdisplay Market: Porter's Five Forces Analysis

Table 8 Influence Of Stakeholders On Buying Process For Top Three

Verticals (%)

Table 9 Key Buying Criteria For Top Three Verticals

Table 10 Key Patents Related To Microdisplays

Table 11 Indicative Pricing Trend Of Oled Microdisplays Provided By Key Players, 2020–2023

Table 12 Microdisplay Market: Conferences And Events, 2024–2025

Table 13 North America: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 14 Europe: Regulatory Bodies, Government Agencies, And Other Organizations

Table 15 Asia Pacific: Regulatory Bodies, Government Agencies, And Other Organizations

Table 16 Row: Regulatory Bodies, Government Agencies, And Other Organizations

Table 17 Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 18 Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 19 Microdisplay Market, By Product, 2020–2023 (Million Units)

Table 20 Microdisplay Market, By Product, 2024–2029 (Million Units)

Table 21 Nte Devices: Microdisplay Market, By Type, 2020–2023 (Usd Million)

Table 22 Nte Devices: Microdisplay Market, By Type, 2024–2029 (Usd Million)

Table 23 Nte Devices: Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 24 Nte Devices: Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 25 Cameras/Evfs: Microdisplay Market, By Region,

2020–2023 (Usd Million)

Table 26 Cameras/Evfs: Microdisplay Market, By Region,

2024–2029 (Usd Million)

Table 27 Cameras/Evfs: Microdisplay Market, By Technology,

2020–2023 (Usd Million)

Table 28 Cameras/Evfs: Microdisplay Market, By Technology,

2024–2029 (Usd Million)

Table 29 Cameras/Evfs: Microdisplay Market, By Vertical,

2020–2023 (Usd Million)

Table 30 Cameras/Evfs: Microdisplay Market, By Vertical,

2024–2029 (Usd Million)

Table 31 Hmds: Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 32 Hmds: Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 33 Hmds: Microdisplay Market, By Technology, 2020–2023 (Usd Million)

Table 34 Hmds: Microdisplay Market, By Technology, 2024–2029 (Usd Million)

Table 35 Hmds: Microdisplay Market, By Vertical, 2020–2023 (Usd Million)

Table 36 Hmds: Microdisplay Market, By Vertical, 2024–2029 (Usd Million)

Table 37 Hmds: Microdisplay Market, By Type, 2020–2023 (Usd Million)

Table 38 Hmds: Microdisplay Market, By Type, 2024–2029 (Usd Million)

Table 39 Ar Hmd: Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 40 Ar Hmd: Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 41 Ar Hmd: Microdisplay Market, By Technology, 2020–2023 (Usd Million)

Table 42 Ar Hmd: Microdisplay Market, By Technology, 2024–2029 (Usd Million)

Table 43 Ar Hmd: Microdisplay Market, By Vertical, 2020–2023 (Usd Million)

Table 44 Ar Hmd: Microdisplay Market, By Vertical, 2024–2029 (Usd Million)

Table 45 Vr Hmd: Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 46 Vr Hmd: Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 47 Vr Hmd: Microdisplay Market, By Technology, 2020–2023 (Usd Million)

Table 48 Vr Hmd: Microdisplay Market, By Technology, 2024–2029 (Usd Million)

Table 49 Vr Hmd: Microdisplay Market, By Vertical, 2020–2023 (Usd Million)

Table 50 Vr Hmd: Microdisplay Market, By Vertical, 2024–2029 (Usd Million)

Table 51 Head-up Displays: Microdisplay Market, By Region,

2020–2023 (Usd Million)

Table 52 Head-up Displays: Microdisplay Market, By Region,

2024–2029 (Usd Million)

Table 53 Head-up Displays: Microdisplay Market, By Technology,

2020–2023 (Usd Million)

Table 54 Head-up Displays: Microdisplay Market, By Technology,

2024–2029 (Usd Million)

Table 55 Head-up Displays: Microdisplay Market, By Vertical,

2020–2023 (Usd Million)

Table 56 Head-up Displays: Microdisplay Market, By Vertical,

2024–2029 (Usd Million)

Table 57 Projectors: Microdisplay Market, By Type, 2020–2023 (Usd Million)

Table 58 Projectors: Microdisplay Market, By Type, 2024–2029 (Usd Million)

Table 59 Projectors: Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 60 Projectors: Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 61 Projectors: Microdisplay Market, By Technology,

2020–2023 (Usd Million)

Table 62 Projectors: Microdisplay Market, By Technology,

2024–2029 (Usd Million)

Table 63 Projectors: Microdisplay Market, By Vertical, 2020–2023 (Usd Million)

Table 64 Projectors: Microdisplay Market, By Vertical, 2024–2029 (Usd Million)

Table 65 Other Products: Microdisplay Market, By Region,

2020–2023 (Usd Million)

Table 66 Other Products: Microdisplay Market, By Region,

2024–2029 (Usd Million)

Table 67 Other Products: Microdisplay Market, By Technology,

2020–2023 (Usd Million)

Table 68 Other Products: Microdisplay Market, By Technology,

2024–2029 (Usd Million)

Table 69 Other Products: Microdisplay Market, By Vertical,

2020–2023 (Usd Million)

Table 70 Other Products: Microdisplay Market, By Vertical,

2024–2029 (Usd Million)

Table 71 Microdisplay Market, By Resolution, 2020–2023 (Usd Million)

Table 72 Microdisplay Market, By Resolution, 2024–2029 (Usd Million)

Table 73 Microdisplay Market, By Vertical, 2020–2023 (Usd Million)

Table 74 Microdisplay Market, By Vertical, 2024–2029 (Usd Million)

Table 75 Consumer: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 76 Consumer: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 77 Automotive: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 78 Automotive: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 79 Industrial & Enterprise: Microdisplay Market, By Product,

2020–2023 (Usd Million)

Table 80 Industrial & Enterprise: Microdisplay Market, By Product,

2024–2029 (Usd Million)

Table 81 Military, Defense, And Aerospace: Microdisplay Market,

By Product, 2020–2023 (Usd Million)

Table 82 Military, Defense, And Aerospace: Microdisplay Market,

By Product, 2024–2029 (Usd Million)

Table 83 Retail & Hospitality: Microdisplay Market, By Product,

2020–2023 (Usd Million)

Table 84 Retail & Hospitality: Microdisplay Market, By Product,

2024–2029 (Usd Million)

Table 85 Medical: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 86 Medical: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 87 Education: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 88 Education: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 89 Sports & Entertainment: Microdisplay Market, By Product,

2020–2023 (Usd Million)

Table 90 Sports & Entertainment: Microdisplay Market, By Product,

2024–2029 (Usd Million)

Table 91 Other Verticals: Microdisplay Market, By Product,

2020–2023 (Usd Million)

Table 92 Other Verticals: Microdisplay Market, By Product,

2024–2029 (Usd Million)

Table 93 Microdisplay Market, By Technology, 2020–2023 (Usd Million)

Table 94 Microdisplay Market, By Technology, 2024–2029 (Usd Million)

Table 95 Lcd: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 96 Lcd: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 97 Lcos: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 98 Lcos: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 99 Oled: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 100 Oled: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 101 Dlp: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 102 Dlp: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 103 Microled: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 104 Microled: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 105 Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 106 Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 107 North America: Microdisplay Market, By Product,

2020–2023 (Usd Million)

Table 108 North America: Microdisplay Market, By Product,

2024–2029 (Usd Million)

Table 109 North America: Microdisplay Market, By Country,

2020–2023 (Usd Million)

Table 110 North America: Microdisplay Market, By Country,

2024–2029 (Usd Million)

Table 111 Europe: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 112 Europe: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 113 Europe: Microdisplay Market, By Country, 2020–2023 (Usd Million)

Table 114 Europe: Microdisplay Market, By Country, 2024–2029 (Usd Million)

Table 115 Asia Pacific: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 116 Asia Pacific: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 117 Asia Pacific: Microdisplay Market, By Country, 2020–2023 (Usd Million)

Table 118 Asia Pacific: Microdisplay Market, By Country, 2024–2029 (Usd Million)

Table 119 Row: Microdisplay Market, By Product, 2020–2023 (Usd Million)

Table 120 Row: Microdisplay Market, By Product, 2024–2029 (Usd Million)

Table 121 Row: Microdisplay Market, By Region, 2020–2023 (Usd Million)

Table 122 Row: Microdisplay Market, By Region, 2024–2029 (Usd Million)

Table 123 Middle East & Africa: Microdisplay Market, By Country,

2020–2023 (Usd Million)

Table 124 Middle East & Africa: Microdisplay Market, By Country,

2024–2029 (Usd Million)

Table 125 Overview Of Strategies Deployed By Key Players In Microdisplay Market

Table 126 Microdisplay Market: Degree Of Competition, 2023

Table 127 Company Product Footprint

Table 128 Company Technology Footprint

Table 129 Company Vertical Footprint

Table 130 Company Region Footprint

Table 131 Microdisplay Market: Key Startups/Smes

Table 132 Competitive Benchmarking For Startups/Smes

Table 133 Microdisplay Market: Product Launches, 2020–2024

Table 134 Microdisplay Market: Deals, 2020–2023

Table 135 Microdisplay Market: Expansions, 2020–2023

Table 136 Microdisplay Market: Other Developments, 2020–2023

Table 137 Sony Group Corporation: Company Overview

Table 138 Sony Group Corporation: Products/Services/Solutions Offered

Table 139 Sony Group Corporation: Product Launches

Table 140 Sony Group Corporation: Deals

Table 141 Sony Group Corporation: Expansions

Table 142 Seiko Epson Corporation: Company Overview

Table 143 Seiko Epson Corporation: Products/Services/Solutions Offered

Table 144 Seiko Epson Corporation: Product Launches

Table 145 Seiko Epson Corporation: Deals

Table 146 Seeya Technology: Company Overview

Table 147 Seeya Technology: Products/Services/Solutions Offered

Table 148 Seeya Technology: Product Launches

Table 149 Kopin Corporation: Company Overview

Table 150 Kopin Corporation: Products/Services/Solutions Offered

Table 151 Kopin Corporation: Product Launches

Table 152 Kopin Corporation: Deals

Table 153 Kopin Corporation: Other Developments

Table 154 Kopin Corporation: Expansions

Table 155 Emagin: Company Overview

Table 156 Emagin: Products/Services/Solutions Offered

Table 157 Emagin: Product Launches

Table 158 Emagin: Deals

Table 159 Emagin: Other Developments

Table 160 Himax Technologies, Inc.: Company Overview

Table 161 Himax Technologies, Inc.: Products/Services/Solutions Offered

Table 162 Himax Technologies, Inc.: Deals

Table 163 Himax Technologies, Inc.: Product Launches

Table 164 Holoeye Photonics Ag: Company Overview

Table 165 Holoeye Photonics Ag: Products/Services/Solutions Offered

Table 166 Holoeye Photonics Ag: Deals

Table 167 Wisechip Semiconductor Inc.: Company Overview

Table 168 Wisechip Semiconductor Inc.: Products/Services/Solutions Offered

Table 169 Raystar Optronics, Inc.: Company Overview

Table 170 Raystar Optronics, Inc.: Products/Services/Solutions Offered

Table 171 Raystar Optronics, Inc.: Product Launches

Table 172 Winstar Display Co., Ltd.: Company Overview

Table 173 Winstar Display Co., Ltd.: Products/Services/Solutions Offered

Table 174 Winstar Display Co., Ltd.: Product Launches

Table 175 Winstar Display Co., Ltd.: Other Developments

Table 176 Yunnan Olightek Opto-electronic Technology Co., Ltd.:

Company Overview

Table 177 Yunnan Olightek Opto-electronic Technology Co., Ltd.:

Products/ Services/Solutions Offered

Figures List

Figure 1 Microdisplay Market Segmentation

Figure 2 Microdisplay Market: Process Flow Of Market Size Estimation

Figure 3 Microdisplay Market: Research Design

Figure 4 Bottom-up Approach To Arrive At Market Size

Figure 5 Demand-side Analysis: Microdisplay Market

Figure 6 Top-down Approach To Arrive At Market Size

Figure 7 Supply-side Analysis: Microdisplay Market

Figure 8 Data Triangulation

Figure 9 Microdisplay Market Size, 2020–2029

Figure 10 Microled Segment To Progress At Highest Cagr Between

2024 And 2029

Figure 11 Consumer Segment To Hold Largest Share Of Microdisplay Market During Forecast Period

Figure 12 Nte Devices To Grow Fastest From 2024 To 2029

Figure 13 Hd Resolution To Lead Microdisplay Market Through Forecast Period

Figure 14 Microdisplay Market In Asia Pacific To Grow At Highest Cagr During Forecast Period

Figure 15 Growing Applications Of Nte Devices Across Industries To Drive Microdisplay Market During Forecast Period

Figure 16 Nte Devices Segment To Dominate Microdisplay Market During Forecast Period

Figure 17 Oled Segment To Account For Largest Share Of Microdisplay Market By 2029

Figure 18 Consumer Segment To Hold Largest Share Of Microdisplay Market During Forecast Period

Figure 19 Hd Segment To Hold Largest Share Of Microdisplay Market During Forecast Period

Figure 20 Microdisplay Market In Asia Pacific To Grow At Highest Cagr During Forecast Period

Figure 21 Microdisplay Market: Drivers, Restraints, Opportunities,

And Challenges

Figure 22 Microdisplay Market: Supply Chain

Figure 23 Trends/Disruptions Impacting Customer Business

Figure 24 Investment And Funding Scenario

Figure 25 Impact Of Ai/Gen Ai On Microdisplay Market

Figure 26 Porter's Five Forces Analysis

Figure 27 Impact Of Porter's Five Forces On Microdisplay Market, 2023

Figure 28 Influence Of Stakeholders On Buying Process For Top Three Verticals

Figure 29 Key Buying Criteria For Top Three Verticals

Figure 30 Patent Analysis, 2014–2023

Figure 31 Import Data For Hs Code 8537, By Key Country, 2019–2023 (Usd Million)

Figure 32 Export Data For Hs Code 8537, By Key Country, 2019–2023 (Usd Million)

Figure 33 Average Selling Price Of Microdisplay Panels Offered By Key Players

Figure 34 Average Selling Price Trend Of Oled Microdisplays, By Region

Figure 35 Nte Devices To Dominate Microdisplay Market During Forecast Period

Figure 36 Asia Pacific To Lead Microdisplay Market For Hmds During

Forecast Period

Figure 37 Hd Segment To Dominate Market Between 2024 And 2029

Figure 38 Consumer Segment To Lead Market Through Forecast Period

Figure 39 Oled Segment To Dominate Microdisplay Market During Forecast Period

Figure 40 Microdisplay Market, By Region

Figure 41 Asia Pacific To Command Microdisplay Market During Forecast Period

Figure 42 China To Witness Fastest Growth During Forecast Period

Figure 43 North America: Microdisplay Market Snapshot

Figure 44 Europe: Microdisplay Market Snapshot

Figure 45 Asia Pacific: Microdisplay Market Snapshot

Figure 46 Row: Microdisplay Market Snapshot

Figure 47 Market Share Analysis, 2023

Figure 48 Historical Revenue Analysis Of Major Companies In Microdisplay Market, 2019–2023 (Usd Million)

Figure 49 Company Valuation (Usd Billion), 2023

Figure 50 Financial Metrics (Ev/Ebitda), 2023

Figure 51 Brand/Product Comparison

Figure 52 Microdisplay Market: Company Evaluation Matrix (Key Players), 2023

Figure 53 Microdisplay Market: Company Footprint

Figure 54 Microdisplay Market: Company Evaluation Matrix

(Startups/Smes), 2023

Figure 55 Sony Group Corporation: Company Snapshot

Figure 56 Seiko Epson Corporation: Company Snapshot

Figure 57 Kopin Corporation: Company Snapshot

Figure 58 Himax Technologies, Inc.: Company Snapshot

Figure 59 Winstar Display Co., Ltd.: Company Snapshot