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Microdisplays Market - Global Industry Analysis, Trends, and Forecast by `2018

09-20-2016 07:26 PM CET | IT, New Media & Software

Press release from: TMR - Report

Microdisplays are small displays that require magnifying optics to use them. These displays are made of a CMOS chip that includes a two dimensional array of transistors. In combination with the liquid crystal material, a cover glass yields a reflective LCD. Microdisplays are generally used in head mounted displays, projectors, view finders, or in other lens view display systems. Continuous and rapid development in display technology has made the way for different types of displays in the commercial market in the past few years. The display industry has witnessed developments in display technologies from the heaviest cathode ray tube (CRT) displays to energy efficient organic light emitting diode (OLED) displays. Today, there are displays ranging from extra large size to just an inch. The combination of different types of display technologies has helped the existing microdisplays market to expand in the areas of defense and medicine. Based on features and performance, different technologies are used for different applications. This tremendous growth in the microdisplays market is expected to bring a rise in the sale of head mounted displays, which are extensively used for military and medical applications.

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The microdisplays displays market is segmented based on products, technology, and applications as follows:

Product Segments
Near-to-Eye
Projections

Technology Segments
Digital Micromirror Devices (DMD)
Liquid Crystal Display Technology (LCD)
Liquid Crystal On-Silicon Technology (LCOS)
Organic Light Emitting Diode (OLED)
Application Segments
Industrial Applications
Consumer Applications

Hit by the economic downturn in 2008, many microdisplays manufacturing companies either shut down or were acquired by other companies. This market is now gaining momentum due to the increasing use of microdisplays in smartphones and televisions. The growing number of applications of microdisplays in consumer electronic products is one of the major growth drivers of this market.

Some of the market leaders engaged in the manufacturing of microdisplays include AU Optronics Corp., Cambridge Display Technology Ltd., Himax Display Inc., Epson Corp., Forth Dimension Displays Ltd., LG Display Co. Ltd., Micron Technology Inc., MicroOLED, Microvision Inc., Rockwell Collins, Kopin Corporation, Universal Display Corporation, and Vuzix Wisechip Semiconductor Inc.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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