openPR Logo
Press release

Microdisplay Market Size to be Worth $3 Billion by 2022 | eMagin Corporation, Universal Display Corporation, AU Optronics Corp, KopIn Corporation Inc

04-15-2020 11:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Microdisplay Market

Microdisplay Market

Micro Display Market Report, published by Allied Market Research, forecasts that the global market is projected to reach $3 billion by 2022. North America dominates the global market, accounting for more than 50% revenue share of the overall microdisplay market, followed by Asia-Pacific.

LCD technology is the leading segment in the global market, and is expected to maintain this trend throughout the forecast period. Currently, high resolution and excellent picture quality, low power consumption, and compact size are some of the key driving factors of the market. However, liquid crystal on silicon (LCoS) segment is expected to witness significant growth in the future, owing to its compact size and enhanced efficiency.

Download Sample of this 250+ Pages Research Report: https://www.alliedmarketresearch.com/request-sample/1757

The key players in the microdisplay market have focused on expanding their business operations in the fast-growing emerging countries with new product launch as the preferred strategy. The major players profiled in this report include eMagin Corporation, Universal Display Corporation, AU Optronics Corp, KopIn Corporation Inc., Micron Technology Inc., Himax Technology Inc., LG Display Co. Ltd, Microvision Inc., Sony Corporation, and Syndiant Inc.

Among various types, projection type segment is projected to maintain its lead in the overall microdisplay market, as these microdisplay are used in smart phone for the display with minimum pixel variations.

Moreover, North America region is the major revenue contributor in this particular segment due to the increasing demand for projected display in military & defense. The major demand is driving from several countries such as the U.S. and Mexico.

Moreover, the increasing number of Near-To-Eye (NTE) applications in consumer electronics such as smart glasses and head mounted display is expected to provide huge opportunities to the market.

Interested? Do Purchase Enquiry Now: https://www.alliedmarketresearch.com/purchase-enquiry/1757

Among application segments, military & defense segment dominated the world microdisplay market in 2014, accounting for 31% share. Proactive government initiatives to establish advanced technology and helmet mounted display have further fueled the market growth. However, consumer electronics is anticipated to be the most lucrative application segment, and is expected to grow at the highest CAGR of 25% during the forecast period. This is attributed to increase in demand for augment reality applications.

North America accounted for majority of the revenue in 2014, and is expected to maintain its dominance throughout the forecast period. This is attributed to rising expenditure in military & defense and increasing number of smart gadgets leading to surge in demand for microdisplay. Moreover, advancements in consumer electronic such as smart watches, smart bands, and smart glasses would boost the microdisplay market, especially in Asian countries such as China, Japan, South Korea, and Taiwan.

Access Report Summary: https://www.alliedmarketresearch.com/microdisplay-market

"Liquid crystal display (LCD) is a widely used microdisplay that enables high resolution with optimized power consumption. Moreover, they offer several benefits such as high efficiency, reduced system complexity, and minimized system maintenance. LCD represents more than 50% of the total microdisplay market, owing to its excellent picture quality and higher pixel density.

In addition, substantial growth in the demand for smart gadgets and customer shift towards advanced technology to achieve better efficiency would promote its adoption in military & defense, consumer electronics, and automotive applications," states Preeti Bisht, Senior Research Associate, ICT Research, AMR.

Asia-Pacific is expected to be the fastest growing region throughout the analysis period owing to the increase in demand from the consumer electronics and automotive applications. Furthermore, increase in IT expenditures in several countries including China, Japan, and South Korea has fueled the market growth. Moreover, technological advancements to overcome pixel distortion in microdisplay is anticipated to offer lucrative opportunities.

Request a Custom Research on standard Prices of this Latest Research @ https://www.alliedmarketresearch.com/request-for-customization/1757

Key findings of the study:

In 2014, LCD segment dominated the overall microdisplay market in terms of revenue, and is projected to grow at a CAGR of 22.6% during the forecast period.

Projection segment is estimated to grow at a CAGR of 23%.

Consumer electronics segment is expected to exhibit the fastest growth, owing to increase in applications of microdisplay in various devices for instance, smart bands and smart glasses.

South Korea is the major shareholder in the Asia-Pacific microdisplay market, accounting for about 34% share.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Size to be Worth $3 Billion by 2022 | eMagin Corporation, Universal Display Corporation, AU Optronics Corp, KopIn Corporation Inc here

News-ID: 2011453 • Views: 267

More Releases from Allied Market Research

Drug Screening Laboratory Services Market Share Size, Statistics, Demand, Revenu …
Drug Screening Laboratory Services Market by Service type, (Workplace Drug Testing and Clinical Toxicology Testing), Sample Type (Urine, Oral Fluid, Hair and Others), End User (Retail, Oil & Gas, Transportation, Staffing, Government, Other Workplace, Hospital Laboratories, Clinical Laboratories, and Other Laboratories): Global Opportunity Analysis and Industry Forecast, 2020-2027 by Service type, (Workplace Drug Testing and Clinical Toxicology Testing), Sample Type (Urine, Oral Fluid, Hair and Others), End User (Retail, Oil
Orthopedic Devices Market Global Growth, Current Scenario Technology Trends, Com …
Rise in geriatric population and increase in chronic diseases related to orthopedics such as osteoarthritis, traumatic fractures, osteopenia, and others are play a major role in the growth of the orthopedic device market. In addition, various growth opportunities such as surge in healthcare infrastructure, increase in affordability, and rise in awareness related to orthopedic conditions in emerging economies are expected to boost the market growth in the coming years. Download Free
Neurosurgery Devices Market: Global Trends, Segmentation and Opportunities Forec …
Neurosurgery devicesare devices that help in prevention, treatment, and diagnosis of conditions and disorders associated with nervous system mainly the brain, spinal cord, peripheral nerves, and extra-cranial cerebrovascular system. The neurological conditions include dementia, headache disorders, neuro-infections, and multiple sclerosis, traumatic brain injuries, pain associated with neurological disorders, neurological disorders associated with malnutrition, stroke, epilepsy and Parkinson’s disease.These disorders are fatal and cannot be cured by therapeutics. Some of the
COVID-19 Impact on Nerve Repair and Regeneration Market Global Industry Size, Sh …
Global Nerve Repair and Regeneration Market are expected to reach $13,938 million by 2023, growing at a CAGR of 13.0 % during the forecast period, 2019-2023. The factors propelling the nerve repair and regeneration market are rise in geriatric population, growing prevalence of neurological and epidemic disorders, and introduction of novel and innovative products for nerve repair and regeneration. However, stringent regulatory requirements for product approvals, lack of skilled professionals, and

All 5 Releases


More Releases for Micro

Jeol starts micro sessions
Live slots, remote demos or on-demand webinars, as a manufacturer of high-tech electron microscopes and analytical systems for research and industry, JEOL is increasing its focus on digital networking now. On July 17th, 2020, JEOL Germany is launching its new digital series “Micro Sessions” in English, in which current research topics and system demonstrations will be broadcasted live from the demo laboratory at the German location in Freising to the
Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from