According to a market report by Lucintel, the future of the microdisplay market looks promising with opportunities in the consumer, industrial & enterprise, automotive, military, defense, and aerospace, sports & entertainment, retail & hospitality, medical, and education industries. The global microdisplay market is expected to grow with a CAGR of 17% from 2021 to 2026. The major drivers for this market are increasing demand for OLED microdisplays, rising adoption of HMD in several industries, and growing adoption of advanced driver assistance systems and HUD.
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In this market, different types of microdisplay technology, such as OLED, LCoS, LCD, and DLP, are used in a wide range of industries. OLED will remain the largest technology segment due to its advanced features that include higher contrast, faster response time, and a wider operating temperature range than LCDs.
Asia Pacific will remain the largest region during the forecast period due to the existence of a large number of OEMs and consumers and rapid industrialization.
Sony Corporation, Seiko Epson Corporation, eMagin Corporation; Kopin Corporation; Yunnan OLiGHTEK Opto-Electronic Technology, Himax Technologies, HOLOEYE Photonics AG, WiseChip Semiconductor Inc.; Raystar Optronics., Inc., and WINSTAR Display are among the major microdisplay manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global microdisplay market by product type, technology, resolution, brightness, industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Microdisplay Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global microdisplay market by product, technology, resolution, brightness, industry, and region as follows:
By Product [$M shipment analysis for 2015 – 2026]:
Near-to-Eye (NTE) Devices
Electronic Viewfinder (EVF)/Camera
HMD
HUD
Projector Pico Projector
Data Projector
Others
By Industry [$M shipment analysis for 2015 – 2026]:
Consumer
Industrial & Enterprise
Automotive
Military, Defense, and Aerospace
Sports & Entertainment
Retail & Hospitality
Medical
Education
Others
By Technology [$M shipment analysis for 2015 – 2026]:
By Resolution [$M shipment analysis for 2015 – 2026]:
Lower than HD
HD
FHD
Higher than FHD
By Brightness [$M shipment analysis for 2015 – 2026]:
Less than 500 Nits
500 to 1,000 Nits
More than 1,000 Nits
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.