Microdisplay Market with COVID-19 Impact Analysis

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MarketsandMarkets Presents
Microdisplay Market by Product (HMD, HUD, EVF,
Projector), Technology (OLED, LCoS, LCD, DLP),
Resolution, Brightness, Industry (Consumer,
Industrial/Enterprise, Aerospace, Automotive,
Retail, Entertainment, Medical), and Region -
Global Forecast to 2025 The global microdisplay
market size is projected to grow from USD 712
million in 2020 to USD 3,609 million by 2025 it
is expected to grow at a CAGR of 39.4 from 2020
to 2025
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MarketsandMarkets Presents
LCoS to hold the largest market share during the
forecast period The LCoS segment is estimated to
account for the largest share of the microdisplay
market in 2020. Cameras/EVF and projectors are
the leading products wherein LCD LCoS
microdisplays are increasingly being used owing
to their relatively low costs and simple
manufacturing processes. Presently, LCoS
microdisplay-based AR HMDs are offered by Magic
Leap, Google, and Microsoft. With low-cost
potential and high pixel density, LCoS
microdisplays can play a crucial role in the
overall growth of the AR HMD market during the
forecast period. DLP technology is used worldwide
in a wide variety of products, including tiny
projectors, digital cinema projectors, and
HUD. Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id430 APAC to
hold the largest market share between 2020 and
2025 APAC exhibits the highest demand for
microdisplays, especially for use in products
such as cameras/EVF, projectors, and HUD. The
APAC microdisplay market growth can be attributed
to rapid industrialization, as well as the
presence of a large number of OEMs and consumers.
Consumer, industrial enterprise, automotive,
and military, defense aerospace are the leading
industries in APAC that contribute significantly
to the growth of the microdisplay market.
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MarketsandMarkets Presents
Japan to account for a larger share of
the microdisplay market in 2020 Japan is
estimated to account for a major share of the
microdisplay market in 2020. The growth of the
market in Japan can be attributed to the
prominent presence of key vendors of cameras/EVF
and projectors in the country. Japan-based
vendors hold the majority of the share of the
global camera market, while they hold a share of
50 of the global projector market. Moreover,
China is expected to be the key factor leading to
a decline in average selling prices (ASP) of
microdisplays during the forecast period owing to
the presence of microdisplay manufacturing
facilities in the country.
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MarketsandMarkets Presents
HMD segment of microdisplay market for medical to
grow at highest CAGR from 2020 TO 2025 The
healthcare sector has witnessed rapid
technological advancements over the years, and
various kinds of advanced imaging equipment have
been introduced in the market for use in
healthcare applications. The healthcare sector
has been one of the most important and practical
applications of AR in the current market
scenario, wherein 3D technology is used to
generate 3D images of the affected body parts.
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MarketsandMarkets Presents
key players in the microdisplay market. Sony
Corporation (Sony Semiconductor Solutions
Corporation) (Sony) (Japan) Seiko Epson
Corporation (Seiko Epson) (Japan) eMagin
Corporation (eMagin Corporation) (US) Kopin
Corporation (Kopin Corporation) (US) Yunnan
OLiGHTEK Opto-Electronic Technology Co., Ltd.
(OLiGHTEK) (China) Himax Technologies, Inc.
(Himax) (Taiwan) HOLOEYE Photonics AG (HOLOEYE
Photonics) (Germany) WiseChip Semiconductor Inc.
(WiseChip) (Taiwan) Raystar Optronics., Inc.
(Raystar Optronics) (Taiwan) and WINSTAR Display
Co., Ltd. (WINSTAR) (Taiwan)
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MarketsandMarkets Presents
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