Global Microdisplay Market, By Product (Near-to-Eye (NTE) Devices, HUD, Others), Technology (LCD, LCoS, OLED, DLP), Resolution (Lower than HD, HD, FHD, Higher than FHD), Brightness (Less than 500 Nits, 500 to 1,000 Nits, More than 1,000 Nits), Industry (Consumer, Industrial & Enterprise, Automotive, Military, Defense, and Aerospace, Sports & Entertainment, Retail & Hospitality, Medical, Education, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Microdisplay market is expected to witness market growth at a rate of 29.20% in the forecast period of 2020 to 2027. Data Bridge Market Research report on microdisplay market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The growing demand for microdisplays used in wearable devices, rising demand for AR devices in healthcare applications, increasing demand for OLED microdisplays, surging acceptance of HMD in different industries are some of the factors expected to boost the growth of the microdisplay market in the forecast period of 2020-2027. On the other hand, the increasing demand for medical displays and adoption of microdisplays in aerospace and defense sector will further create several opportunities that will lead to the growth of the microdisplay market in the above mentioned period.
However, the saturation of markets for digital cameras and projectors will act as a restraint and may hamper the growth of the microdisplay market in the above period. Also, the high manufacturing prices of microdisplays will act as a challenge to the microdisplay market growth.
This microdisplay market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on microdisplay market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Microdisplay Market Scope and Market Size
Microdisplay market is segmented on the basis of product, technology, resolution, brightness, and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the microdisplay market has been segmented into near-to-eye (NTE) devices, HUD, and others. Near-to-eye (NTE) Devices have been further segmented into electronic viewfinder (EVF)/camera and HMD. HMD has been further sub-segmented into AR HMD and VR HMD. HUD has been further segmented into projector pico projector and data projector. Others have been further segmented into monocular and binocular systems, rifle scopes, thermal imaging glasses, and medical equipment.
- On the basis of technology, the microdisplay market has been segmented into CD, LCoS, OLED, and DLP.
- On the basis of resolution, the microdisplay market has been segmented into lower than HD, HD, FHD, and higher than FHD.
- On the basis of brightness, the microdisplay market has been segmented into less than 500 Nits, 500 to 1,000 Nits, and more than 1,000 Nits.
- On the basis of industry, the microdisplay market has been segmented into consumer, industrial and enterprise, automotive, military, defense, and aerospace, sports and entertainment, retail and hospitality, medical, education, and others. Others have been further segmented into BFSI, telecommunications, construction, agriculture, and transportation.
Microdisplay Market Country Level Analysis
Microdisplay market is analysed and market size, volume information is provided by country, product, technology, resolution, brightness, and industry as referenced above.
The countries covered in the microdisplay market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the microdisplay market due to the increasing demand for OLED microdisplays and growing demand for microdisplays used in wearable devices in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Microdisplay Market Share Analysis
Microdisplay market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to microdisplay market.
The major players covered in the microdisplay market report are Sony Corporation, Semiconductor Solutions, Seiko Epson Corporation, eMagin, Kopin Corporation, Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd., Syndiant Inc., LG Display, Himax Technologies, Inc, MicroVision, AU Optronics Corp., Micron Technology, Universal Display Corporation, Microtips Technology, Inc., WiseChip Semiconductor and LG Display among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Microdisplay Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.