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icrodisplay market is projected to grow at a CAGR of 4.6% during forecast period 2016-2025
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The global Microdisplay market is projected to grow at a CAGR of 4.6% during the forecast period 2016-2025, to reach US$ 4,949.1 Mn by 2025.
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The Microdisplays market has experienced high growth and adoption rate in the last few years and is also expected to experience a significant growth and adoption rate in years to come. One of the major reason for high adoption of Microdisplays are, it enables mobility while accessing information. Access to information and images with the use of portable handheld and head mounted devices makes it most suitable for the military and defense sectors, media entertainment and healthcare sectors respectively. The tremendous growth in usage consumer wearable such as AR/VR glasses, smart glasses, fit belts etc. are enabling in the exponential rise of the market. Additionally, microdisplay market is expected to accelerate at a high growth rate in the coming few years due to technology, communications and Consumer Electronics industry verticals’ inclination towards adopting such solutions which can provide better energy efficiency, high color contrasts and resolution values in bigger screens. Many small and large organizations and enterprises in the above industry verticals have adopted microdisplay solutions owing to cheap and easy availability, thus influencing the market revenues and growth rates globally
Global Microdisplay Market Players:
- Universal Display Corporation
- Syndiant Inc.
- Sony Corporation
- Microvision Inc.
- Micron Technology Inc.
- LG Display Co. Ltd.
- KopIn Corporation Inc.
- Himax Technology Inc.
- eMagin Corporation
- AU Optronics Corp
Complete Report is Available at http://www.reportsweb.com/micro-display-market
The report segments the global microdisplay market as follows:
Global Microdisplay Market - By Technology
LCD (Liquid Crystal Display)
LCoS (Liquid Crystal on Semiconductor)
DLP (Digital Light Processing)
OLED (Organic Light Emitting Diode)
Global Microdisplay Market - By Application
Near-to-Eye
Electronic View Finder
HUD (Head-Up Display)
HMD (Head Mounted Display)
Projection
Embedded Mobile
PICO Projection
Global Microdisplay Market - By Industry Verticals
Military and Defense
Automotive
Healthcare
Consumer Electronics
Law Enforcement
Others
Global Microdisplay Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Asia Pacific (APAC)
Japan
China
India
Australia
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