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Global Microdisplay Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
A microdisplay is a small screen that has a diagonal measurement of less than two inches. It is extensively used in rear-projection televisions (TVs), head-mounted displays (HMDs), head-up displays (HUDs), data projectors, Near-To-Eye (NTE) devices, and digital camera viewfinders. Depending on the mode of light transmission through the display unit, it can be either transmissive or reflective. Among the essential elements driving demand for microdisplays in these industries are the growing popularity of augmented and virtual reality and the development of high-definition and ultra-high-definition microdisplay panels.
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During the forecast period, North America is anticipated to have the fastest growth rate. The North American region plays a significant role in the microdisplay market due to its technological advancements, strong presence of key market players, and a diverse range of applications. North America is one of the largest markets for microdisplays globally. The region's market size is driven by the high adoption of advanced technologies and the presence of leading companies involved in the development and production of microdisplay-based devices.
Some of the key players in Microdisplay Market include AU Optronics Corp, Citizen Finedevice, eMagin Corporation, Fraunhofer FEP, Himax Technologies Inc., Holoeye Photonics, Jasper Display Corp., JBD Inc., KopIn Corporation Inc., LG Display Co. Ltd., Liteye, Micron Technology Inc., Microoled Technologies, Microtips Technology Inc., MicroVision, Omnivision, Raontech, Raystar Optronics, Seiko Epson Corporation, Semiconductor Solutions, Silicon Micro Display, Sony Corporation, Syndiant Inc., Universal Display Corporation, VueReal, Winstar Display, WiseChip Semiconductor Inc. and Yunnan OLiGHTEK Opto-Electronic Technology Co. Ltd.
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