Microdisplay Market to Grow at 24.3% CAGR to 2024 | Sony, Seiko Epson, eMagin Corporation, OLiGHTEK and Others.

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A fresh report titled Microdisplay Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 176 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.
The Microdisplay Market is estimated to grow from USD 972 Million in 2018 to USD 3,583 Million by 2024, at a CAGR of 24.3% from 2018 to 2024.

Major Vendors profiled in the Microdisplay Market:
• Sony
• Seiko Epson
• Emagin Corporation
• Kopin Corporation
• Olightek Opto-Electronic Technology
• Himax Technologies
• Holoeye Photonics
• Wisechip Semiconductor
• Raystar Optronics
• Winstar Display

“HMDs to dominate microdisplay market, in terms of value, during forecast period”
The microdisplay market for HMDs is expected to grow at the highest CAGR from 2018 to 2024.AR and VR HMDs are emerging applications of microdisplays. The compactness of microdisplays makes them suitable for use in HMDs where size is one of the key constraints. Thus, the increasing demand for HMDs in different applications such as industrial, education, medical, entertainment, defense, military and aerospace has gradually led to an increase in the demand for microdisplays. The development of microdisplays for VR HMDs provides significant opportunities to the players in the microdisplay market.

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“Microdisplay market in North America expected to grow at highest CAGR during forecast period”
In North America, consumer; industrial and enterprise; and military, defense, and aerospace are the major industries in which microdisplays have a greater demand for their integration into most used devices such as HMDs and HUDs. The US is expected to dominate the North American market by accounting for the largest market share during the forecast period. Magic Leap, Meta, ODG, Vuzix, Google, Microsoft, and Oculus Rift are key HMD vendors in North America. Tech giants such as Apple and Intel are also developing HMD technologies. Major projector suppliers in North America include CoStar Group, Digital Projection, HP, InFocus Corporation, and 3M, while Visteon, Honeywell, and Esterline are among a few key manufacturers and suppliers of HUDs in North America.

Study Objectives:
• by regions North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), along with their respective countries

• To describe, estimate, and forecast the microdisplay market, in terms of value, by product, technology, brightness, resolution, and industry

• To describe, estimate, and forecast the market, in terms of value, for various segments,

• To forecast the microdisplay market, in terms of volume, by product

• To provide detailed information regarding key trends, value chain, drivers, restraints, opportunities, and challenges pertaining to the microdisplay market

• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market

• To analyze market opportunities for stakeholders and provide details of the competitive landscape of key players

• To analyze competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches and developments in the microdisplay market

• To strategically profile key players and comprehensively analyze their market ranking in terms of revenue and core competencies

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Competitive Landscape of Microdisplay Market:
1 Introduction
2 Key Player Market Ranking, 2018
3 Competitive Situation and Trends
3.1 Product Launches and Developments
3.2 Agreements, Partnerships, Contracts, Joint Ventures, and Collaborations
3.3 Expansions and Investments
3.4 Mergers and Acquisitions

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This release was published on openPR.