Recent research and the current scenario as well as future market potential of "Microdisplays Market: Global Industry Analysis and Opportunity Assessment 2017-2027" globally.
Albany, NY -- (SBWIRE) -- 11/19/2018 -- Microdisplays are tiny compact displays that require magnifying optics while deployment in various electronic devices. Microdisplay devices feature user-configurable technology, high pixel density and high resolution which are widely used for smart glasses, smart watches, smart bands and other smart devices to enhance the picture quality images with high contrast ratio.
Microdisplays are featured with CMOS chips which includes two-dimensional transistors. These microdisplays are applicable in rear-projection TVs, head-mounted displays (HMD), view finders in cameras and other data projector counterparts. Microdisplays enhance the voice and picture clarity when used in TVs. Technological advancements in microdiplays and emergence of microdisplay-based holographic display are encouraging the electronic equipment manufacturer to invest in R&D of microdisplays having a positive impact on global microdisplays market.
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Microdisplays Market: Drivers and Challenges
Rapid development and continuous enhancements in display technology has given way for various types of displays in the commercial and industrial market. Microdisplays are compact small-sized displays featuring high resolution capability that improves the picture and voice quality in TVs which makes it a prime device to be used while manufacture of display devices, encouraging the OEMs to use microdiplays in many new devices such as smartphones, tablets and others. Growing number of applications in various consumer electronics and industrial electronics are major factors which fuel the growth of global microdisplays market, encouraging the devices manufacturer to use microdiaplays in the display devices.
Government regulations for the use of microdiplays in electronic devices, and high initial manufacturing costs are among the factors that impact negatively the growth of global microdisplays market.
Microdisplays Market: Segmentation
Microdisplays market can be segmented on the basis of products, technology, application and regions.
On the basis of products, microdisplays market can be segmented into near-to-eye products, projections product and others.
On the basis of technology, microdisplays market can be segmented into liquid crystal display technology (LCD), digital micromirror devices (DMD), liquid crystal on-silicon technology (LCOS), organic light emitting diode (OLED) and others
On the basis of application, the microdisplays market can be segmented into industrial application and consumer application.
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Microdisplays Market: Regional Overview
Regionally, microdisplays market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa
North America dominates the global microdisplays market in terms of revenue as majority of the key player are based out in this region. Western Europe is among the regions that contribute to a greater extent after North America. Asia Pacific excluding Japan is the region that has maximum growth potential for microdisplays applications.
Microdisplays Market: Competition Landscape
Few prominent vendors in the global microdisplays market include: eMagin Corporation, Kopin Corporation, Syndiant Inc. MicroVision, Inc., Yunnan Olightek Opto-Electronic Technology Co. Ltd., Universal Display Corporation, Himax Technologies Inc., Liteye Systems Inc., WiseChip Semiconductor Inc. and Cambridge Display Technology.
Key contracts signed in global microdisplays market:
In September 2012, DigiLens, Inc. was awarded with a US$ 7,50,000 U.S. government contract to continue with Phase II development of a wide view color head mounted display (HMD) with curved visor prototype. Key elements of the contract included development of a unique optical manufacturing process where traditional free-space or analog holographic recording processes transitioned to digital holographic contact copy mastering processes.
In August 2012, eMagin Corporation was awarded with a contract from the U.S. Navy for R&D of a high-brightness 2,000 x 2,000 pixel OLED microdisplay. The contract was of US$ 2.4 million and the proposed work in the contract leveraged the accomplishments of prior Night Vision and Electronic Sensors Directorate (NVESD) OLED programs and further improved the OLED performance.
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The report covers exhaustive analysis on:
Microdisplays Market Segments
Microdisplays Market Dynamics
Historical Actual Market Size, 2013 - 2015
Microdisplays Market Size & Forecast 2017 to 2027
Microdisplays Market Current Trends/Issues/Challenges
Competition & Companies involved
Microdisplays Market Drivers and Restraints
Regional analysis for Microdisplays Market includes development of these systems in the following regions:
Rest of Latin America
Rest of Western Europe
Rest of Eastern Europe
Asia Pacific Excluding Japan
Australia and New Zealand (A&NZ)
Rest of Asia Pacific Excluding Japan
Middle East and Africa
Rest of Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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