Pune, India -- (SBWIRE) -- 06/22/2018 -- Global Microdisplay Market latest research report offers a complete analysis of the global industry influencing driving factors, impacting trendsaAnd demand , competitive landscap, and factors restraining the growth of the market. Furthermore, our analysts at Technavio aim at precisely forecasting the growth rate of the Microdisplay market using various market sizing methodologies such as bottom-up and top-down approaches to help our clients and other enterprises gain a better understanding of the current market scenario.
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Global microdisplay market accounted for USD 750.3 million in 2017 and is projected to grow at a CAGR of 13.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Global Microdisplay Market, By Product Type (NTE Display Devices, Projection Devices), By Technology (Digital light processing, Liquid crystal display, Organic light-emitting diode), By Resolution (1920×1080 & >1920×1080) By Vertical (Military, Defense, Consumer, Education, Medical), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
The global microdisplay market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors:
- eMagin, Inc.,
- UNIVERSAL DISPLAY,
- AU Optronics Corp.,
- Kopin Corporation,
- Himax Technologies, Inc.,
Global Microdisplay Market Among Others Like -MicroVision, Inc., Syndiant, LG Display Co., Ltd., Seiko Epson Corporation, Japan Display Inc., MICROOLED, Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd., Microtips Technology, WiseChip Semiconductor Inc.
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Major Market Drivers and Restraints:
- Increased usage of portable devices
- Increased acceptance of microdisplay
- Growing demand for smart glasses
- Low performance at high temperatures
Market Segmentation: Global Microdisplay Market
- The microdisplay market is based on technology, resolution, type, application and geography.
- Based on product type the market is segmented into NTE display devices, Projection Devices and others. The NTE display devices segment is sub segmented into EVF and HMD. The HMD segment is sub segmented into AR smart glasses and VR headsets. The Projection Devices segment is sub segmented into pico-projectors and data projectors.
- On the basis of technology the market is segmented into digital light processing (DLP), liquid crystal on silicon (LCOS), liquid crystal display (LCD), organic light-emitting diode (OLED).
- On the basis of resolution the market is segmented into 1920×1080 and >1920×1080, 1024×768 and 1280×1024 , 800×600, 800×480, and 854×480, 640×480 and 640×360, <640×480 and 640×380.
- On the basis of application the market is segmented into military, defense, and aerospace, consumer, education, commercial, industrial and enterprise, automotive, medical and others.
- Based on geography the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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