Microdisplay Market by Technology (OLED, LCoS, LCD, DLP) Global Forecast to 2024 - PowerPoint PPT Presentation

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Microdisplay Market by Technology (OLED, LCoS, LCD, DLP) Global Forecast to 2024

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Microdisplay market to grow from USD 972 million in 2018 to USD 3,583 million by 2024, at a Compound Annual Growth Rate (CAGR) of 24.3% – PowerPoint PPT presentation

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Date added: 24 November 2019
Updated: 27 November 2019
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Title: Microdisplay Market by Technology (OLED, LCoS, LCD, DLP) Global Forecast to 2024


1
MarketsandMarkets Presents
Microdisplay Market worth 4,085 million by
2025 The report Microdisplay Market by Product
(HMD, HUD, EVF, Projector), Technology (OLED,
LCoS, LCD, DLP), Industry (Consumer,
Industrial/Enterprise, Aerospace, Automotive,
Retail, Entertainment, Medical), Resolution,
Brightness, and Region - Global Forecast to 2025
2
MarketsandMarkets Presents
HMDs expected to grow at highest CAGR during
forecast period HMDs are devices that are worn
on the head as a helmet or headset by the user to
create an image, data, and other information in
the users field of view. Microdisplay can be
used in AR smart glasses and VR headsets.
Microdisplays help reduce the size of HMDs owing
to their small size and low power consumption,
which enable not only smaller and lighter designs
but also devices with longer battery life. The
increasing adoption of HMDs for medical,
automotive, consumer and entertainment, and
education applications, among many others, is
expected to help the microdisplay market to grow
significantly in the coming years. Projectors and
cameras/EVFs have been dominating the
microdisplay market in terms of demand, with
major players such as Epson and Sony active in
the projector and camera market. However, the
saturation in projector and camera shipments
would lead to slower growth of the microdisplay
market than that for other emerging products.
3
MarketsandMarkets Presents
OLED technology expected to grow at highest CAGR
during the forecast period OLED is a type of LED
in which the emissive electroluminescent layer is
a film of organic compound that emits light in
response to an electric current. OLED displays
are made up of organic light-emitting materials
and do not require any backlight and filtering
systems. OLED displays are lightweight, have
better picture quality, consume less power, and
have a faster response time. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfdo
wnloadNew.asp?id430 OLED is a relatively new
technology and is slowly replacing the LCD
technology and gaining momentum in several
markets, including the microdisplay market.
eMagin and Sony are leading players in the OLED
microdisplay market. Kopin, Seiko Epson,
OLiGHTEK, MICROOLED, SPI Corp., ENMESI, Winstar
Display, and Liteye Systems are the other major
players offering OLED microdisplays, while
Raystar Optronics and WiseChip Semiconductors
offer PMOLED-based microdisplays.
4
MarketsandMarkets Presents
 Japan to lead the microdisplay market in terms
of market size during forecast period The high
share or demand for microdisplays in Japan is
majorly due to the prominent presence of key
vendors of cameras/EVFs and projectors in the
country. Majority of the current demand for
microdisplays is for productscameras/EVFs and
projectors. Japanese vendors hold a share of more
than 95 of the global camera market, while they
hold a share of more than 50 of the global
projector market. The increasing demand for
HMDs and HUDs is expected to propel the market in
Japan as Japan also comprises major suppliers of
HMDs and HUDs. Automotive consumer and
industrial and enterprise are key industries in
Japan in which microdisplay-based devices are
used. Major microdisplay providers in Japan
include Seiko Epson, Sony, and Citizen Finedevice.
5
MarketsandMarkets Presents
Key players in the microdisplay market Sony
(Japan) Seiko Epson (Japan) eMagin Corporation
(US) Kopin Corporation (US) OLiGHTEK (China)
Himax Technologies (Taiwan) HOLOEYE Photonics
(Germany) WiseChip Semiconductor (Taiwan)
Raystar Optronics (Taiwan) and WINSTAR Display
(Taiwan) are a few  
6
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
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SMEs at MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets.

7
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. Contact Mr.
Shelly Singh MarketsandMarkets INC.  630 Dundee
Road  Suite 430  Northbrook, IL 60062  USA
1-888-600-6441 
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