Market Overview:
The global microdisplay market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturized displays across different applications, such as military, automotive, medical and consumer electronics. Additionally, the growing trend of wearable devices is also contributing to the growth of this market. On the basis of type, LCDs are expected to account for a major share in the global microdisplay market during the forecast period. This can be attributed to their low cost and high efficiency as compared to other types of microdisplays available in the market.
Product Definition:
A microdisplay is a display device that uses very small pixel sizes. The size of the pixels on a microdisplay are typically much smaller than those found on traditional displays, such as LCDs and OLEDs. This allows for higher resolutions and more detailed images. Microdisplays are often used in devices such as head-mounted displays (HMDs) and digital cameras.
LCD:
Liquid Crystal Display (LCD) is a type of display technology that utilizes liquid crystals to create images and information. LCDs are used in all sorts of devices from computers, televisions, tablets and smartphones to cars. The microdisplay market has witnessed significant growth over the past few years owing to the increasing demand for wearable electronics such as smartwatches & fitness bands coupled with rising applications in healthcare sector especially for medical imaging applications.
LCOS:
LCOS (Liquid Crystal on Silicon) is a technology that was developed for manufacturing microdisplays. It has since been used in other display applications such as head-mounted displays and projectors. LCOS based microdisplay have several advantages over the AMOLED displays, including high resolution and contrast ratio along with fast response time.
Application Insights:
The consumers segment held the largest share of over 60.0% in 2017 and is expected to witness significant growth owing to rising adoption of advanced display technologies in consumer electronics, such as smartphones, smartwatches and televisions. The growing demand for large-screened devices that can support a variety of applications has been driving the market growth.
Microdisplay technology is used for various purposes including gaming, watching movies or videos, reading e-books or magazines on electronic devices such as smartphones and tablets. The increasing use of microdisplays in medical equipment & appliances has also been contributing significantly to industry growth over the recent years due to its high accuracy & resolution which makes it suitable for medical applications across all age groups especially geriatric patients suffering from Alzheimer¢â‚¬â„¢s disease etc., who need magnified images for better diagnostics.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to increasing investments by key companies and adoption of new technologies such as augmented reality (AR) and virtual reality (VR). Moreover, presence of a large number of industry players in this region also contributes towards regional growth.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to growing product demand from countries such as Japan, China, South Korea, India among others. Increasing disposable income coupled with rising penetration of digital services will drive regional growth further. Furthermore, increasing investments by governments for developing education infrastructure will boost microdisplay sales in Asia Pacific over the forecast period.
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of more than 28% during the period 2016-2021. This is mainly due to the increasing demand for smart watches and fitness trackers. Microdisplays are used in these devices to provide a high-resolution viewing experience.
- Rising demand from the automotive sector: The global market for automotive displays is expected to grow at a CAGR of more than 15% during the period 2016-2021. This is mainly due to the increasing adoption of advanced technologies such as HUDs and AR in automobiles. Microdisplays are used in these applications to provide a high resolution and immersive viewing experience.
- Growing demand from the defense sector: The global market for defense displays is expected to grow at a CAGR of more than 10% during the period 2016-2021 owing to rising security concerns across the globe coupled with increasing investments by governments in new display technologies such as microdisplays, OLEDs, and quantum dots displays (QD). These displays offer superior performance characteristics over traditional LCDs, making them ideal for military applications such as head mounted displays (HMD), helmet mounted displays (HMD), weapon sights, and night vision goggles (NVG).
Scope Of The Report
Report Attributes
Report Details
Report Title
Microdisplay Market Research Report
By Type
LCD, LCOS, DLP, OLED
By Application
Consumers, Military, The Car, Business, Medical, Education, Other
By Companies
Emagin, Himax Technologies, Japan Display, Kopin, Seiko Epson, Yunnan Olightek Opto-Electronic Technology, Holoeye Photonics, Microoled, Microtips Technology, Syndiant, Wisechip Semiconductor
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Microdisplay Market Report Segments:
The global Microdisplay market is segmented on the basis of:
Types
LCD, LCOS, DLP, OLED
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
Consumers, Military, The Car, Business, Medical, Education, Other
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:
- Emagin
- Himax Technologies
- Japan Display
- Kopin
- Seiko Epson
- Yunnan Olightek Opto-Electronic Technology
- Holoeye Photonics
- Microoled
- Microtips Technology
- Syndiant
- Wisechip Semiconductor
Highlights of The Microdisplay 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:
- LCD
- LCOS
- DLP
- OLED
- By Application:
- Consumers
- Military
- The Car
- Business
- Medical
- Education
- Other
- 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 Microdisplay 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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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Microdisplay is a small display device that uses microelectronics to create images on a screen. These displays are often used in portable devices, such as smartphones and tablets, because they are smaller and lighter than traditional displays.
Some of the key players operating in the microdisplay market are Emagin, Himax Technologies, Japan Display, Kopin, Seiko Epson, Yunnan Olightek Opto-Electronic Technology, Holoeye Photonics, Microoled, Microtips Technology, Syndiant, Wisechip Semiconductor.
The microdisplay market is expected to register a CAGR of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microdisplay Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microdisplay Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microdisplay Market - Supply Chain
4.5. Global Microdisplay Market Forecast
4.5.1. Microdisplay Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microdisplay Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microdisplay Market Absolute $ Opportunity
5. Global Microdisplay Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microdisplay Market Size and Volume Forecast by Type
5.3.1. LCD
5.3.2. LCOS
5.3.3. DLP
5.3.4. OLED
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microdisplay Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microdisplay Market Size and Volume Forecast by Application
6.3.1. Consumers
6.3.2. Military
6.3.3. The Car
6.3.4. Business
6.3.5. Medical
6.3.6. Education
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microdisplay Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microdisplay Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microdisplay Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microdisplay Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microdisplay Demand Share Forecast, 2019-2026
9. North America Microdisplay Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microdisplay Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microdisplay Market Size and Volume Forecast by Application
9.4.1. Consumers
9.4.2. Military
9.4.3. The Car
9.4.4. Business
9.4.5. Medical
9.4.6. Education
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microdisplay Market Size and Volume Forecast by Type
9.7.1. LCD
9.7.2. LCOS
9.7.3. DLP
9.7.4. OLED
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microdisplay Demand Share Forecast, 2019-2026
10. Latin America Microdisplay Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microdisplay Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microdisplay Market Size and Volume Forecast by Application
10.4.1. Consumers
10.4.2. Military
10.4.3. The Car
10.4.4. Business
10.4.5. Medical
10.4.6. Education
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microdisplay Market Size and Volume Forecast by Type
10.7.1. LCD
10.7.2. LCOS
10.7.3. DLP
10.7.4. OLED
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microdisplay Demand Share Forecast, 2019-2026
11. Europe Microdisplay Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microdisplay Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microdisplay Market Size and Volume Forecast by Application
11.4.1. Consumers
11.4.2. Military
11.4.3. The Car
11.4.4. Business
11.4.5. Medical
11.4.6. Education
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microdisplay Market Size and Volume Forecast by Type
11.7.1. LCD
11.7.2. LCOS
11.7.3. DLP
11.7.4. OLED
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.1. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microdisplay Demand Share, 2019-2026
12. Asia Pacific Microdisplay Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microdisplay Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microdisplay Market Size and Volume Forecast by Application
12.4.1. Consumers
12.4.2. Military
12.4.3. The Car
12.4.4. Business
12.4.5. Medical
12.4.6. Education
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microdisplay Market Size and Volume Forecast by Type
12.7.1. LCD
12.7.2. LCOS
12.7.3. DLP
12.7.4. OLED
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microdisplay Demand Share, 2019-2026
13. Middle East & Africa Microdisplay Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microdisplay Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microdisplay Market Size and Volume Forecast by Application
13.4.1. Consumers
13.4.2. Military
13.4.3. The Car
13.4.4. Business
13.4.5. Medical
13.4.6. Education
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microdisplay Market Size and Volume Forecast by Type
13.7.1. LCD
13.7.2. LCOS
13.7.3. DLP
13.7.4. OLED
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microdisplay Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microdisplay Market: Market Share Analysis
14.2. Microdisplay Distributors and Customers
14.3. Microdisplay Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Emagin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Himax Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Japan Display
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kopin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seiko Epson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yunnan Olightek Opto-Electronic Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Holoeye Photonics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Microoled
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Microtips Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Syndiant
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wisechip Semiconductor
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
