Microdisplay Market LCD Likely to Dominate Microdisplay Market despite Growing Demand for OLED
According to Transparency Market Research, the global microdisplay market was valued at US$809.8 mn in 2017 and is expected to rise to US$1,350.2 mn by 2022.
Obtain Report Details @https://www.transparencymarketresearch.com/microdisplays-market.html
Here are the key insights into the growth prospects of the global microdisplay market:
The global microdisplays market is likely to be dominated by LCD technology in the coming years despite growing demand for OLED microdisplays. LCD technology has been vital to the global microdisplay market due to its preexisting use in several parts of the electronics industry, which made it feasible for mass production at low costs. However, the technological limitations of LCD and LCoS at small sizes, especially their tendency to heat up and their higher power requirements, have led to OLED technology assuming an important role in the global microdisplay market in the last few years. OLED displays have become the norm in smartphone flagships of late, which has provided impetus for steady development of the relevant technology, which will help increase the production of OLED microdisplays in the coming years. Nevertheless, LCD microdisplays are likely to account for a majority share in the global microdisplay market in the 2017-2022 forecast period, with the segment expected to rise to a value of US$709.5 mn by 2022, accounting for 52.6% of the global microdisplay market.
The rising demand for smart glasses and their underlying technology in various sectors is likely to remain a major driver for the global microdisplay market in the coming years. Smart glasses have become a major offering for several tech companies due to the enhancement they provide in terms of personal engagement with devices such as smartphones. The technology behind smart glasses is also being used on a large scale in the aerospace and defense sector, thanks to the steady advancement in eyeball tracking technology. This is likely to provide solid impetus to the global microdisplay market in the coming years due to the rising push for military modernization across the world.
The rising demand for augmented and virtual reality technology is also likely to be a key driver for the global microdisplay market in the coming years. AR and VR headsets require highly advanced microdisplays, as they have to provide peak performance at close physical proximity to the user, which means concerns such as overheating need to be addressed comprehensively. The growing use of AR and VR technology in the gaming and entertainment sector is thus likely to be a key driver for the global microdisplay market in the coming years.
The rapid growth of the electronics sector in countries such as China, Taiwan, and Korea is likely to provide a steady push to the microdisplay market in Asia Pacific except Japan. The rising disposable income of consumers in these regions has also driven the demand for advanced display technologies such as AR and VR, which is also likely to remain a solid driver for the microdisplay market in Southeast Asia. The APEJ microdisplay market is expected to rise to a valuation of US$580.1 mn by 2022, remaining the dominant regional player in the global market.
Make an Enquiry @https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1094
The global microdisplay market is likely to remain intensely competitive in the coming years due to the increasing ease of producing microdisplays and the rising amount of investment being driven into the field due to steady growth of the consumer electronics and aerospace industries. Leading players in the global microdisplay market include eMagin Corporation, Universal Display Corporation, AU Optronics Corp., KopIn Corporation Inc., Himax Technologies Inc., Microvision Inc., Syndiant Inc., LG Display Co. Ltd., and Seiko Epson Corporation.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 LCD Likely to Dominate Microdisplay Market despite Growing Demand for OLED here
News-ID: 802255 • Views: 164
More Releases from Transparency Market Research
Global Genome Engineering Market: Business Growth, Development Factors, Applicat …
TMR’s report on the global genome engineering market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2019 to 2027. The report provides revenue of the global genome engineering market for the period 2017–2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth
Sintering Process Market Growth Trends, Current Demand, and Development Report
Global Sintering Process Market: Snapshot The global sintering process market is prophesied to gain largely from the competent flourish of powder metallurgy and its applications in a range of industries. Power metallurgy-based process routes incorporating hot isostatic pressing (HIP) and exceptionally good properties are mainly employed in land-based and aero-engine gas turbine applications. Titanium powder metallurgy gathers a growing interest in the airframe industry for weight reduction in replacement steel parts
Medical Textiles Market Report Analysis: Emerging Trends, Business Growth Opport …
Global Medical Textiles Market: Snapshot The global medical textiles market is growing on the back of plethora of reasons. The government bodies of many worldwide countries have introduced diverse stringent regulations that compel the use of medical textiles. At the same time, these government organizations are offering financial support for non-implantable goods. These factors are working as key drivers for the development of the global medical textiles market. An upcoming research report
Anti-Hypertensive Drugs Market Industry Analysis Size, Share, Trend, Business Op …
Global Anti-Hypertensive Drugs Market: Overview Hypertension is a chronic medical condition in which the arterial blood pressure is elevated to an undesired level. Also referred to as arterial hypertension or high blood pressure in generic terms, the condition is measured in terms of systolic and diastolic pressure. At rest blood pressure level is in the range of 120-140 mm Hg systolic and 60-90mm Hg diastolic. Hypertension arises when it is persistently
More Releases for LCD
Global Mobilephone LCD Market Professional Survey Report
The global Mobilephone LCD market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Mobilephone LCD volume and value at global level, regional level and company level. From a global perspective, this report represents overall Mobilephone LCD market size by analyzing historical data and future prospect. Regionally, this report categorizes the
LCD Monitor Arm Market 2017 Development Trends
ReportsWeb.com has announced the addition of the “Global LCD Monitor Arm Industry Market Research 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. In this report, we analyze the LCD Monitor Arm industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue,
United States LCD Glass Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "United States LCD Glass Market Report 2017" Description In this report, the United States LCD Glass market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the United States market into seven regions: The West Southwest The Middle Atlantic New England The South The Midwest with sales
Global LCD Display Market Research Report 2017
This report studies LCD Display in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering LG Display Samsung InnoLux AUO BOE TCL Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=788183&ptitle=Global+LCD+Display+Market+Research+Report+2017&req=Sample Sharp Japan Display Panasonic Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of LCD Display in these regions, from 2011 to
Industrial LCD Monitors for Rack Mounting
Robust and Configurable: New Monitors from Distec Allow Effortless Installation Distec - leading German specialist for TFT flat screens and system solutions for industrial and multimedia applications - introduces new LCD monitors optimized for use in industrial 19-inch racks. Two solid handles facilitate safe installation and the 3 mm thick steel front plate ensures a secure fit in the 19-inch rack. "The new monitors are robust, convenient, easy to handle and
80x2 dots 16-Colors LCD Driver – RA8860
The RA8860 is a LCD Driver & Controller for Field Sequential Liquid Crystal Display (FSLCD) application. It contains 80 segments and 2 commons driver circuits. And each dot supports 8 or 16 colors individually. This chip is connected directly to a MCU, support 3-wire, 4-wire serial peripheral interface (SPI) and I2C interface, display data can stores in an on-chip display data RAM of 640bits. It performs display data RAM read/write