The Global Microdisplay Market is Expected to Grow at a CAGR of 17% by 2026

According to a market report by Lucintel, the future of the microdisplay market looks promising with opportunities in the consumer, industrial & enterprise, automotive, military, defense, and aerospace, sports & entertainment, retail & hospitality, medical, and education industries. The global microdisplay market is expected to grow with a CAGR of 17% from 2021 to 2026. The major drivers for this market are increasing demand for OLED microdisplays, rising adoption of HMD in several industries, and growing adoption of advanced driver assistance systems and HUD.

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In this market, different types of microdisplay technology, such as OLED, LCoS, LCD, and DLP, are used in a wide range of industries. OLED will remain the largest technology segment due to its advanced features that include higher contrast, faster response time, and a wider operating temperature range than LCDs.

Asia Pacific will remain the largest region during the forecast period due to the existence of a large number of OEMs and consumers and rapid industrialization.

Sony Corporation, Seiko Epson Corporation, eMagin Corporation; Kopin Corporation; Yunnan OLiGHTEK Opto-Electronic Technology, Himax Technologies, HOLOEYE Photonics AG, WiseChip Semiconductor Inc.; Raystar Optronics., Inc., and WINSTAR Display are among the major microdisplay manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global microdisplay market by product type, technology, resolution, brightness, industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Microdisplay Market 2021-2026: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global microdisplay market by product, technology, resolution, brightness, industry, and region as follows:

By Product [$M shipment analysis for 2015–2026]:

Near-to-Eye (NTE) Devices

Electronic Viewfinder (EVF)/Camera

HMD

AR HMD

VR HMD

HUD

Projector Pico Projector

Data Projector

Others

 

By Industry [$M shipment analysis for 2015–2026]:

Consumer

Industrial & Enterprise

Automotive

Military, Defense, and Aerospace

Sports & Entertainment

Retail & Hospitality

Medical

Education

Others

 

By Technology [$M shipment analysis for 2015–2026]:

LCD

LCoS

OLED

DLP

 

By Resolution [$M shipment analysis for 2015–2026]:

Lower than HD

HD

FHD

Higher than FHD

By Brightness [$M shipment analysis for 2015–2026]:

Less than 500 Nits

500 to 1,000 Nits

More than 1,000 Nits

 

By Region [$M shipment analysis for 2015–2026]:

North America

United States

Canada

Mexico

 

Europe

Germany

United Kingdom

France

Italy

 

Asia Pacific

China

Japan

India

South Korea

The Rest of the World

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.