Market Overview:
The global optical waveguide display 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 high-performance displays in various applications such as aircraft & automobiles, medical equipment, and computers. Additionally, the growing demand for large-sized displays is also contributing to the growth of this market.
Product Definition:
An optical waveguide display is a type of display that uses light to transmit images. The images are displayed on a screen or other surface, and the light is transmitted through a series of optical waveguides. This type of display is often used in digital signage and large-scale displays.
Channel Waveguide:
Channel waveguide is a type of optical fiber that has been specially designed to guide light along its length. The core of the channel waveguide consists of a transparent plastic or glass tube, which is filled with an optical medium such as silica glass or liquid crystal. Channel Waveguides are used in various applications such as telecommunication and photonics industries owing to their properties such as high transmission and refractive index, low dispersion, large core size (smaller than single-mode), etc.
Planar Waveguide:
The Planar Waveguide is a structure that guides light in the horizontal and vertical directions. It is used to guide optical signals and power over large distances. The planar waveguide can be made from glass, silica or plastic material. They are widely used in telecommunication applications as they enable efficient use of available resources by reducing the number of connections required between optical fibers which reduces cost and increases reliability & bandwidth capacity.
Application Insights:
The other applications include high-performance server, aircraft & automobiles, medical equipment, and computer displays. The channel waveguide display is widely used in the computer industry owing to its low power consumption and small size. It has been a long-standing tradition for the channel waveguide to be used as a component of liquid crystal display (LCD) panels in computers and other electronic devices. Optical fiber based planar array technology is expected to witness significant growth over the forecast period owing to its ability to deliver higher performance than that of conventional LCD panel technologies at lower costs.
Medical equipment such as endoscopes are another major application segment for optical fiber based planar array technology due to their increasing use in diagnostic centers across various industries such as healthcare, aerospace & defense among others.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major industry participants and early adoption of OWD technology. The region is expected to continue its dominance over the forecast period due to increasing investments in R&D and technological advancements. Asia Pacific is projected to grow at a lucrative rate over the forecast period owing to rising disposable income, high population growth rates, improved standard of living, and growing consumer electronics demand. Moreover, government initiatives encouraging domestic manufacturing are likely boost regional growth. Latin America also presents significant opportunities for optical waveguide display manufacturers as it has one of the largest computer manufacturing industries worldwide; thus making it an ideal market for channel waveguide displays’ applications segmentation.
The European optical waveguide display market was valued at USD X million in 2017; this can be attributed primarily to early adoption by several key players such as Samsung Electronics Co., Ltd., LG Electronics Inc.
Growth Factors:
- Increasing demand for large-sized displays: The global market for large-sized displays is expected to grow at a CAGR of over 9% during the forecast period. This is mainly due to the increasing demand from the consumer electronics and enterprise sectors. Optical waveguide display technology offers an excellent solution for creating large-sized displays with high resolution and contrast ratio.
- Growing popularity of AR/VR applications: The augmented reality (AR) and virtual reality (VR) markets are growing rapidly, with estimated CAGRs of over 58% and 81%, respectively, between 2016 and 2021. Optical waveguide display technology offers several advantages over other technologies such as LCDs or OLEDs in terms of performance characteristics such as brightness, contrast ratio, color gamut, etc., making it an ideal choice for AR/VR applications.
- Emergence of transparent OLEDs: Transparent OLED panels are finding increasing application in smart windows, automotive head-up displays (HUD), signage, etc., owing to their superior transparency levels compared to traditional LCD panels. Optical waveguide display technology can be used to create transparent OLED panels with even higher transparency levels than those currently available in the market. This would open up new opportunities for its adoption in a wide range of applications such as smart windows, HUDs, signage systems, etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Waveguide Display Market Research Report
By Type
Channel Waveguide, Planar Waveguide
By Application
High-performance Server, Aircraft & Automobiles, Medical Equipment, Computer, Others
By Companies
Corning Incorporated, Sony, Digilens, Vuzix, Dispelix, Lumusvision, WaveOptics, Lingxi AR
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Optical Waveguide Display Market Report Segments:
The global Optical Waveguide Display market is segmented on the basis of:
Types
Channel Waveguide, Planar Waveguide
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
High-performance Server, Aircraft & Automobiles, Medical Equipment, Computer, Others
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:
- Corning Incorporated
- Sony
- Digilens
- Vuzix
- Dispelix
- Lumusvision
- WaveOptics
- Lingxi AR
Highlights of The Optical Waveguide Display 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:
- Channel Waveguide
- Planar Waveguide
- By Application:
- High-performance Server
- Aircraft & Automobiles
- Medical Equipment
- Computer
- Others
- 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 Waveguide Display 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 waveguide display is a type of electronic display that uses an optical fiber to convey images from an image source to the screen. The light travels through the fiber in a series of waves, which are then converted into electrical signals that can be displayed onscreen. Optical waveguide displays are often more energy-efficient than other types of displays, and they offer high resolution and contrast levels.
Some of the key players operating in the optical waveguide display market are Corning Incorporated, Sony, Digilens, Vuzix, Dispelix, Lumusvision, WaveOptics, Lingxi AR.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Waveguide Display 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 Waveguide Display Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Waveguide Display 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 Waveguide Display 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 Waveguide Display Market Size & Forecast, 2020-2028
4.5.1 Optical Waveguide Display Market Size and Y-o-Y Growth
4.5.2 Optical Waveguide Display 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 Channel Waveguide
5.2.2 Planar Waveguide
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 High-performance Server
6.2.2 Aircraft & Automobiles
6.2.3 Medical Equipment
6.2.4 Computer
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Waveguide Display 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 Waveguide Display 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 Channel Waveguide
9.6.2 Planar Waveguide
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 High-performance Server
9.10.2 Aircraft & Automobiles
9.10.3 Medical Equipment
9.10.4 Computer
9.10.5 Others
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 Channel Waveguide
10.6.2 Planar Waveguide
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 High-performance Server
10.10.2 Aircraft & Automobiles
10.10.3 Medical Equipment
10.10.4 Computer
10.10.5 Others
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 Channel Waveguide
11.6.2 Planar Waveguide
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 High-performance Server
11.10.2 Aircraft & Automobiles
11.10.3 Medical Equipment
11.10.4 Computer
11.10.5 Others
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 Channel Waveguide
12.6.2 Planar Waveguide
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 High-performance Server
12.10.2 Aircraft & Automobiles
12.10.3 Medical Equipment
12.10.4 Computer
12.10.5 Others
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 Channel Waveguide
13.6.2 Planar Waveguide
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 High-performance Server
13.10.2 Aircraft & Automobiles
13.10.3 Medical Equipment
13.10.4 Computer
13.10.5 Others
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 Waveguide Display Market: Competitive Dashboard
14.2 Global Optical Waveguide Display Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning Incorporated
14.3.2 Sony
14.3.3 Digilens
14.3.4 Vuzix
14.3.5 Dispelix
14.3.6 Lumusvision
14.3.7 WaveOptics
14.3.8 Lingxi AR
