Press release
OLED Microdisplay Market 2020-2025 Capacity, Production, Product Cost and Investment Opportunities: WiseChip Semiconductor Inc., Seiko Epson Corp., HOLOEYE Photonics AG
The Global OLED Microdisplay Market report offers a comprehensive analysis of the market. This report focused on market past and present growth globally. Global research on Global OLED Microdisplay Industry presents a market overview, product details, classification, market concentration, and maturity study. The market value and growth rate from 2020-2025 along with industry size estimates are explained.The OLED microdisplay market was valued at USD 116.17million in 2019and it is expected to reach USD 505.76 million by 2025, registering a CAGR of 34.1%, during the forecastperiod of (2020 - 2025).
OLED microdisplays offer a compact size with high pixel density. The market is witnessing growth in demand, owing to the increased use of microdisplays in devices, such as smartphones, television, etc. Moreover, low entry barriers and growing avenues of revenue are the prominent attributes inthe OLED microdisplay market.
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The prominent players in the global OLED Microdisplay market are:
Raystar Optronics Inc., Micro OLED, Yunnan Olightek Opto-electronic Technology Co. Ltd, Winstar Display Co. Ltd, eMagin Inc., Kopin Corp., WiseChip Semiconductor Inc., Seiko Epson Corp., HOLOEYE Photonics AG, Sony Semiconductor Solutions Corp.
Top of FormReport Coverage
An organic light-emitting diode (OLED) is a light-emitting technology produced by placing a series of organic thin films between two conductors; OLED is a next-generation display technology that is replacing LCD. An OLED microdisplay has a very small screen; the display is usually less than two inches in diagonal. The earlier applications of microdisplays included rear-projection TVs and head-mounted display. OLED microdisplay types include near-to-eye and projections; these types find applications in AR/VR, heads-up display, mobile, personal electronics, cameras, full-color projection, among others. Applications are limited to automotive, healthcare, industrial, consumer electronics, military, and law enforcement.
Consumer Electronics to Have a Major Share
- The digital camera evolution has helped the microdisplay market to innovate and evolve. The demand from the customer for a display with a clearer image, wide-view angle, and to overcome any limitations have assisted the OLED microdisplay to capture the market.
- The increasing disposable income of consumers has increased the demand for innovative and luxury products. Entertainment has become a medium for these products, which is reflecting the adoption of new display technologies. Consumer electronics, such as virtual reality and digital cameras, are witnessing growth in adoption.
- Consumer electronics, such as VR headset, are witnessing growth in adoption. Youngsters are increasingly adopting VR headsets compatible with smartphones and other devices for an improved gaming experience. Smartphone manufacturers, such as Samsung and HTC, also offer VR headsets along with the purchase of new smartphones. The rising adoption of VR gaming headsets, coupled with shifting consumer preferences toward miniaturization of electronic devices to make them handy and portable, is expected to drive the market?s growth positively over the forecast period.
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Competitive Landscape
- April 2019 - Fraunhofer FEP developed a technology called OLED-on-silicon for microdisplays. These new OLED microdisplays are especially dedicated to industrial AR data glasses.
- March 2018 - Sony Corporation released ECX339A OLED Microdisplay featuring UXGA (1600 x 1200 resolution). It has the smallest pixel pitch of 6.3_m and a resolution 1.6x higher than the previous model. It features optimized transistors layout and process to address uneven characteristics and loss of withstand voltage, the issues associated with transistor miniaturization.
Furthermore, Global OLED Microdisplay Market following points are involved along with a detailed study of each point: -
-Manufacture Analysis -- Generation of this Global OLED Microdisplay Industry is tested about applications, types, and regions with price analysis of players that are covered.
-Sales & Revenue Assessment -- Revenue, sales are planned for this OLED Microdisplay market, including with various essentials along yet another facet is assessed in this section for foremost regions.
-Supply and Effectiveness -- In continuation using earnings, this section studies consumption, and global OLED Microdisplay market. This area also sheds light on the variance between ingestion and distribution. Export and OLED Microdisplay significance data are provided in this part.
-Competitors -- In this section, key players have been studied depending on product portfolio, their OLED Microdisplay market company profile, volume, price, price, and earnings.
-Investigations and Analysis -- OLED Microdisplay market analysis aside from business, the information, and supply, contact information from manufacturers, consumers and providers can also be presented. Additionally, a feasibility study to asset and SWOT analysis for endeavors have been contained.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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