Market Overview:
The global optical display module market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for AR and VR applications. The type segment of the global optical display module market is divided into prism scheme, curved mirror (worm eye) solution, birdbath scheme, and optical waveguide solution. Of these, the prism scheme segment is expected to account for the largest share of the global market during the forecast period. This can be attributed to its low cost and high efficiency as compared to other types of displays. The application segment of this market is divided into AR and VR applications.
Product Definition:
An optical display module is a device that projects an image onto a screen. It typically consists of a projector and a screen. The projector casts an image onto the screen, and the user can then view the image by looking at the screen. This type of display is ideal for displaying presentations or images to large groups of people.
Prism Scheme:
Prism scheme is a method to distribute the light from an optical source into many beams by using multiple lenses. The prismatic effect is obtained by using glass or plastic and rotating it so that the angle of incidence of each ray on the glass or plastic is different. By changing this angle, we can change the size and type of image formed on screen.
The growing demand for high resolution displays in smartphones, monitors, TVs.
Curved Mirror (Worm Eye) Solution:
The global curved mirror (worm eye) solution and it's usage in optical display module market size was valued at USD 6.5 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2019 to 2023.
Application Insights:
The application segment includes augmented reality (AR), virtual reality (VR) and other applications. The market for digital signage is witnessing significant growth owing to the increasing adoption of such systems in corporate campuses, retail stores, museums, libraries and government buildings. Furthermore, the growing popularity of VR headsets such as Oculus Rift and HTC Vive is expected to drive the demand for ocular display modules over the forecast period.
The introduction of smart glass technology has revolutionized digital signage by enabling users to access information from different sources through a single screen without having to switch between screens. Moreover, ocular display module manufacturers are focusing on developing products that can work with smart glass technology so as to provide an enhanced experience while using digital signage systems in various commercial spaces such as shopping malls & complexes and corporate offices.
Regional Analysis:
The global market is segmented as North America, Asia Pacific, Latin America and Europe. The Asia Pacific regional market accounted for the largest share in 2017 owing to the presence of key players such as Samsung Electronics Co., Ltd.; Sony Corporation; LG Display Co., Ltd.; and Panasonic Corporation. In addition, rising investments by companies in China and Japan are expected to drive growth over the forecast period.
North America optical display module industry is projected to grow at a significant rate over the forecast period due to increasing demand from various application areas including augmented reality (AR) and virtual reality (VR). Moreover, growing adoption of 3D displays will also drive growth during this period. Increasing use cases such as gaming applications are driving demand for high-quality images across all price categories thereby boosting sales across North American region.
Growth Factors:
- Increasing demand for wearable devices: The global optical display module market is expected to grow at a CAGR of over 15% during the forecast period. One of the key factors driving the growth of this market is the increasing demand for wearable devices. Wearable devices are increasingly becoming popular among consumers due to their features such as low power consumption, lightweight design, and portability. This is expected to boost the demand for optical display modules in the coming years.
- Rising popularity of augmented reality and virtual reality: Another major factor driving the growth of this market is the rising popularity of augmented reality (AR) and virtual reality (VR). AR and VR are two cutting-edge technologies that are being used in a number of applications such as gaming, education, healthcare, retail, and manufacturing. This is expected to create a high demand for optical display modules in these applications in future years.
- Growing trend towards miniaturization: A third key driver for this market’s growth is the growing trend towards miniaturization across different industries such as consumer electronics, automotive, aerospace & defense, medical technology etcetera . Optical display modules play an important role in enabling miniaturization by providing high-resolution images with low power consumption . This factor is likely to fuel demand for these modules during th e forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Display Module Market Research Report
By Type
Prism Scheme, Curved Mirror (Worm Eye) Solution, Birdbath Scheme, Optical Waveguide Solution
By Application
AR, VR
By Companies
DigiLens, Dreamworld AR, Google, Microsoft, Lumus, Dispelix, Lenovo, HoloLens, Magic Leap One, NED Glass, Lochn Optics, Guangli Inc., Shadow Creator Information Technology, SmartNew Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Optical Display Module Market Report Segments:
The global Optical Display Module market is segmented on the basis of:
Types
Prism Scheme, Curved Mirror (Worm Eye) Solution, Birdbath Scheme, Optical Waveguide Solution
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
AR, VR
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DigiLens
- Dreamworld AR
- Google
- Microsoft
- Lumus
- Dispelix
- Lenovo
- HoloLens
- Magic Leap One
- NED Glass
- Lochn Optics
- Guangli Inc.
- Shadow Creator Information Technology
- SmartNew Technology
Highlights of The Optical Display Module Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prism Scheme
- Curved Mirror (Worm Eye) Solution
- Birdbath Scheme
- Optical Waveguide Solution
- By Application:
- AR
- VR
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Display Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An optical display module (ODM) is a component of an electronic device that uses light to produce images. ODM typically includes a transparent panel, an illumination source, and a lens system. The transparent panel allows light from the illumination source to pass through and be projected onto the lens system, which creates an image on the surface of the transparent panel.
Some of the major players in the optical display module market are DigiLens, Dreamworld AR, Google, Microsoft, Lumus, Dispelix, Lenovo, HoloLens, Magic Leap One, NED Glass, Lochn Optics, Guangli Inc., Shadow Creator Information Technology, SmartNew Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Display Module Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Optical Display Module Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Display Module Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Optical Display Module Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Optical Display Module Market Size & Forecast, 2020-2028
4.5.1 Optical Display Module Market Size and Y-o-Y Growth
4.5.2 Optical Display Module Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Prism Scheme
5.2.2 Curved Mirror (Worm Eye) Solution
5.2.3 Birdbath Scheme
5.2.4 Optical Waveguide Solution
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 AR
6.2.2 VR
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Display Module Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Optical Display Module Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Prism Scheme
9.6.2 Curved Mirror (Worm Eye) Solution
9.6.3 Birdbath Scheme
9.6.4 Optical Waveguide Solution
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 AR
9.10.2 VR
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Prism Scheme
10.6.2 Curved Mirror (Worm Eye) Solution
10.6.3 Birdbath Scheme
10.6.4 Optical Waveguide Solution
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 AR
10.10.2 VR
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Prism Scheme
11.6.2 Curved Mirror (Worm Eye) Solution
11.6.3 Birdbath Scheme
11.6.4 Optical Waveguide Solution
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 AR
11.10.2 VR
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Prism Scheme
12.6.2 Curved Mirror (Worm Eye) Solution
12.6.3 Birdbath Scheme
12.6.4 Optical Waveguide Solution
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 AR
12.10.2 VR
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Prism Scheme
13.6.2 Curved Mirror (Worm Eye) Solution
13.6.3 Birdbath Scheme
13.6.4 Optical Waveguide Solution
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 AR
13.10.2 VR
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Optical Display Module Market: Competitive Dashboard
14.2 Global Optical Display Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DigiLens
14.3.2 Dreamworld AR
14.3.3 Google
14.3.4 Microsoft
14.3.5 Lumus
14.3.6 Dispelix
14.3.7 Lenovo
14.3.8 HoloLens
14.3.9 Magic Leap One
14.3.10 NED Glass
14.3.11 Lochn Optics
14.3.12 Guangli Inc.
14.3.13 Shadow Creator Information Technology
14.3.14 SmartNew Technology
