openPR Logo
Press release

Microdisplay Market Expected Key Players Analysis | Himax Technology Inc., KopIn Corporation Inc., LG Display Co.

11-28-2019 01:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Microdisplay Market Expected Key Players Analysis | Himax

According to a new research report on the global microdisplay market published by Transparency Market Research (TMR) the global microdisplay market is expected to reach value of US$ 5782.6 Mn by 2027, expanding at a CAGR of 22.3% from 2019 to 2027. According to the report, the global market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global market, with the market in the region expanding at a CAGR of 24.8% between 2019 and 2027.

Browse Report Details: https://www.transparencymarketresearch.com/microdisplays-market.html

Advantages Associated with the use of Microdisplays driving the Global Microdisplay Market

The global microdisplay market has witnessed strong growth over the last decade. One of the major drivers propelling the market is advantages associated with the use of microdisplays. Some of the significant features of microdisplay are high resolution and excellent image quality, low power consumption, and compact size. Generally, microdisplays are less than two inches in diagonal. In other words, their diagonal is approximately five centimeters.

In addition, high-resolution microdisplays offer excellent viewing experience to users, which results in the increasing popularity of high-resolution display devices. These features allow the deployment of microdisplays in multiple applications ranging from consumer electronics to military, defense and aerospace. This, in turn, results in increasing popularity of microdisplays among manufacturers. This factor is likely to propel the global microdisplay market during the forecast period.

Planning To Lay Down Future Strategy? Request Brochure https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1094

Global Microdisplay Market: Scope of Report

The global microdisplay market has been broadly segmented in terms of type, projection type, technology, end-use industry, and region. Based on type, the market has been segmented into reflective and transmissive. The transmissive segment was dominant, holding more than 50% share of the global market, in terms of revenue, in 2018. This can be attributed to the increasing penetration of LCoS and LCD technologies that the transmissive segment comprises. Furthermore, the segment is expected to expand at a significant CAGR of 21.3% during the forecast period.

Growth of the transmissive segment is attributable to the large number of applications of transmissive microdisplays, which include near-to-eye displays (NEDs). In terms of projection type, the global microdisplay market has been divided into projection and near-to-eye displays. The near-to-eye displays (NEDs) segment is expected to expand at a high CAGR of 25.7% from 2019 to 2027, due to rising consumer inclination toward NED devices such as head-mounted displays and head-up displays. Based on technology, the market has been segmented into liquid crystal on silicon (LCoS), liquid crystal displays (LCDs), digital light processing (DLP), organic light-emitting diodes (OLEDs), and others.

The OLEDs segment is anticipated to register the maximum CAGR of 25.3% during the forecast period. OLED displays are gradually replacing LCD displays in various devices including smart phones, smart watches, and television sets. This is primarily due to superior features of OLED displays compared to LCD displays such as wide viewing angles, large color gamut, and low power consumption. Based on end-use industry, the microdisplay market has been segregated into consumer electronics, health care, military, defense and aerospace, automotive, sports & entertainment, retail & hospitality, industrial, and others. The military, defense and aerospace segment is anticipated to dominate the global market during the forecast period. It held the maximum i.e. 29.80% of the market share in 2018.

To Obtain All-Inclusive Information On Forecast Analysis Of Market, Request A Custom Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1094

Geographically, the global microdisplay market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among regions, North America is anticipated to hold the maximum share of the global market, while the market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. In 2018, North America accounted for 34.37% share of the global microdisplay market. This is attributable to early adoption of technologies and increasing adoption of microdisplays in the consumer electronics sector. Furthermore, the market in Asia Pacific is anticipated to expand at a high pace between 2019 and 2027, due to presence of leading players such as LG Display Co. Ltd., and Sony Corporation in the region.

Global Microdisplay Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global microdisplay market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the prominent players operating in the global market are AU Optronics Corp, eMagin Corporation, Himax Technology Inc., KopIn Corporation Inc., LG Display Co. Ltd, Microvision Inc., Omnivision Technologies, Inc., Sony Corporation, Syndiant Inc., and Universal Display Corporation. Companies are focusing on expanding their business through strategic acquisitions and partnerships.

Contact:
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada

About Us:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Microdisplay Market Expected Key Players Analysis | Himax Technology Inc., KopIn Corporation Inc., LG Display Co. here

News-ID: 1873686 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Microdisplay

Microdisplay Projector Market 2022 | Detailed Report
The Microdisplay Projector report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research. The Microdisplay Projector research report recognizes and gets fundamental
Microdisplay Market worth $3,609 million by 2025
The Report "Microdisplay Market by Product (HMD, HUD, EVF, Projector), Technology (OLED, LCoS, LCD, DLP), Resolution, Brightness, Industry (Consumer, Industrial/Enterprise, Aerospace, Automotive, Retail, Entertainment, Medical), and Region - Global Forecast to 2025", size is projected to grow from USD 712 million in 2020 to USD 3,609 million by 2025; it is expected to grow at a CAGR of 38.4% from 2020 to 2025. The increasing adoption of HMD for medical,
OLED Microdisplay Market to Witness Huge Growth by 2023: Key Players Dresden Mic …
Global OLED Microdisplay Market Report from Advance Market Analytics (AMA) covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the electronic equipment market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external
Microdisplay Market LCD Likely to Dominate Microdisplay Market despite Growing D …
The global microdisplay market is likely to exhibit robust growth in the coming years, with the market expected to exhibit a strong 10.8% CAGR in the 2017-2022 forecast period. The microdisplay market has benefited from the consistent progression of the electronics sector, which has led to growing demand for microdisplays for projection and near-the-eye applications and is likely to enable smooth growth of the microdisplay market in the coming years
Microdisplay Market : LCD Likely to Dominate Microdisplay Market despite Growing …
The global microdisplay market is likely to exhibit robust growth in the coming years, with the market expected to exhibit a strong 10.8% CAGR in the 2017-2022 forecast period. The microdisplay market has benefited from the consistent progression of the electronics sector, which has led to growing demand for microdisplays for projection and near-the-eye applications and is likely to enable smooth growth of the microdisplay market in the coming years
Higher Implementation of Microdisplay in Military & Defence Boost the Global Mic …
Global Microdisplay Market Report, published by Variant Market Research, forecast that the global market is expected to reach $4,528 million by 2024 from $821 million in 2016, growing at a CAGR of 23.8% from 2016 to 2024. By geography, Asia-Pacific and Europe are expected to grow at a CAGR of 25.9% and 24.3%, respectively, during the forecast period. Get Full Access to This Report @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/microdisplay-market Advanced application of microdisplay in