Microdisplay Market to Outstrip US$ 4892.3 Mn by 2025 Growing Sturdy at 21.7% CAGR - Prominent Key Players and Region by The Insight Partners

According to The Insight Partners market research study titled 'Microdisplay Market to 2025 - Global Analysis and Forecasts by technology, application and Industry verticals', the global microdisplay market was valued at US$ 845.3 Mn in 2016 and is estimated to reach US$ 4892.3 Mn by 2025. The report highlights the trends prevalent in the global microdisplay market and the factors driving the market along with those that act as deterrents to its growth.

Microdisplay Market: Competitive Landscape and Key Developments
The automotive industry is expected to witness a rapid growth and drive the growth of microdisplays market. Players having a good hold over the microdisplays market can look to venture into providing solutions for the automotive industry which is expected to be the most rapidly developing vertical. The key players profiled in the report are eMagin, Inc., SONY Corporation, Texas Instruments Incorporated, Universal Display Corporation and Kopin Corporation, Inc. Also, AU Optics Corporation, Himax Technologies Inc., MicroVision Inc. and Syndiant.

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The sales of microdisplays is largely influenced by numerous economic and non-economic factors. The sales pattern for microdisplays have faced similar ups and downs as the global economy. Therefore, the global economy plays a key role in the development of microdisplay market. Amongst the non-economic factors, application markets influence their sales. Healthcare, military & defense, automobile and consumer electronics sectors are the application markets for microdisplay. The automobile and industrial sectors are expected to have a large impact on the growth of microdisplays market. Also for the consumer electronics industry, entertainment vertical is expected to witness high usage of AR VR devices and other HMDs where microdisplays are required.

Microdisplay Market: Key Insights - Future Trend
Potentially, automotive and healthcare present larger opportunities as compared to other sectors due to the volumetric implementations of microdisplay and subsequently the microdisplays. The development of smart cars and connected cars presents huge potentials for microdisplay industry. Similarly, in the healthcare sector, hospitals are looking for medical imaging solutions which would facilitate the doctor with a good view of the internal tissues, body parts or organs of the body. Thus, these two sectors present bundle of opportunities for the microdisplay vendors' growth.

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Microdisplay market by end-user vertical is segmented into Military & Defense, automotive, consumer electronics, healthcare, law enforcement and others. Miniaturization of consumer electronics has been followed since last 2 or 3 decades. In a constant effort to make the consumer electronic portable, handy and usable by for a customer, manufacturers have been looking for solutions that would reduce device sizes and consume less power. Thus, a progress in the direction of smaller feature sizes is expected to drive the microdisplay market.

Microdisplay Market: Segmental Overview
The overall Microdisplay market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Microdisplay market.

The global microdisplay market has been segmented on the basis of technology into Liquid Crystal Display (LCD), Liquid Crystal on Silicon (LCoS), Digital Light Processing (DLP) and Organic Light Emitting Diode (OLED). Microdisplays find their applications into two broad categories named as Near-to-eye applications and Projection applications.

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Electronic View Finders (EVF), Heads-Up Displays (HUDs) and Head Mounted Displays (HMDs) constitute the near-to-eye applications while Embedded Mobile and PICO projectors constitute the Projection applications. Apart from these, microdisplays have been segmented on the basis of industry verticals into Military &Defense, Healthcare, Automotive, Consumer Electronics, Law Enforcement and Others. Geographically, the global microdisplay market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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