According to a market report by Lucintel, the future of the global liquid on silicon (Lcos) market looks promising with opportunities in the consumer electronics, automotive, aviation, military, optical 3D measurement, and medical markets. The global liquid on silicon (Lcos) market is expected to reach an estimated $4.1 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing need for high-resolution screens and compact electronic devices, increased use of LCOS technology in the automotive sector, and growing consumer demand for small electronic products like smartphones, wearable fitness trackers, and smartwatches.
In this market,
ferroelectrics (F-Lcos), nematics lcos (NLC), and wavelength selective
switching (WSS) are the major segments of liquid on silicon (Lcos) market by
technology.
Lucintel forecast that
ferroelectrics (F-Lcos) is expected to witness highest growth over the forecast
period because they more affordable, making them a more attractive option for a
wider range of applications, as well as, it has the capacity to control the
light's phase independently of the incoming light's polarization condition.
Within this market,
consumer electronics will remain the largest segment due to the growing consumer
demand for high-resolution screens in electronics like televisions, laptops,
and smartphones.
APAC is expected to
witness highest growth over the forecast period due to the growing number of
movie theaters in countries like China and India, as well as the growing
popularity of digital cinema in the region.
Barco, Canon Singapore,
Guangzhou Weijie Electronic,Hitachi, LG Electronics, Microvision, and Silicon
Micro are the major suppliers in the liquid on silicon (locs) market.
This unique 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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