Microdisplay Market
Global Microdisplay Market Size, Share & Trends Analysis Report by Type (Projectors, Near-to-Eye (NTE) Display, and Others), By Technology (OLED, LCD, LCOS, DLP, and Others), By End-User Industry (Automotive, Consumer Electronics, Military & Defence, Industrial, and Others) and Forecast 2020-2026
The global market for microdisplay is projected to have considerable CAGR of around 30.5% during the forecast period. The major factors that propels the microdisplay market include the properties such as compact size, technological development in microdisplay growing demand of OLED microdisplay, growing application of microdisplay in advanced driver-assistance systems (ADAS) and others. Microdisplays are the essential technology for Near-to-Eye (NTE) displays, and Head Mounted Displays (HMD) for the application in AR, VR, military training, immersive gaming and simulation. The advanced microdisplay technology is expected to lead the next-generation applications in consumer electronics market owing to various beneficial factors such as immersive screens, thinner, lightweight, durability and differentiating form. Moreover, growing demand of microdisplays in wearable such as smart watches further provides significant opportunity to the market.
Segmental Outlook
The global microdisplay market is segmented based on type, technology, and end-user industry. On the basis of type the global market for microdisplay is further classified into projectors, near-to-eye (NTE) display, and others. The NTE display type is widely adopted for AR glasses in industrial applications therefore growing significantly during the forecast period. Based on the technology, the market is further classified into organic light-emitting diode (OLED), liquid crystal display (LCD), liquid crystal on silicon (LCOS), and digital light processing (DLP). On the basis of end-user industry the market is further segregated into automotive, consumer electronics, military & defence, industrial, and others. Among end-user industry the consumer electronics industry estimated to have considerable CAGR during the forecast period. The growing demand of microdisplay in wearable, smartphone and others are contributing in the growth of the segment.
Global Microdisplay Market Share by Technology, 2019 (%)
Global Microdisplay market to be driven by LCD segment
Among technology, the LCD segment held a considerable share in the market owing to increasing demand of LCD display for various end-user industry such as consumer electronics, automotive and others. LCD is the lowest cost flexible display technology that can be produced on current flat panel display lines. The scalability of the technology to larger sizes along with durability and high brightness makes it ideal to meet automotive lifetime and reliability standards with the use of efficient materials and processes. With LCD technology, the automotive designers will have the option to replace currently available flat screens with bendable, wrappable, and glass-free OLCD technology. As a result, it is ideally suited for interior shapes in modern cars while enabling smart surfaces.
Regional Outlook
Geographically, the global microdisplay market is further classified into North America, Europe, Asia-Pacific and the Rest of the World. North America have significant growth in the global microdisplay market. Technologies such as microdisplay has been significantly adopted in various application such as AR and VR since it is a type of advanced technology. The advancement of technological infrastructure in major economies of North America such as the US and Canada coupled with significant adoption of microdisplay in automotive, consumer electronics and other sectors making a considerable contribution towards the market in the region.
Global Microdisplay Market Growth, by Region 2020-2026
Asia-Pacific to hold a considerable share in the global microdisplay market
Geographically, Asia-Pacific is projected to hold a significant market share in the global microdisplay market during the forecast period. Major countries which are anticipated to contribute to Asia-Pacific microdisplay market include China, India Japan and others. The major factors contributing to the growth of the market in the region include the growing consumer electronics industries coupled with growing investment by the large electronics manufacturer for the advanced microdisplay products such as OLED microdisplays and others. Moreover, the presence of major consumer electronics manufacturer in the region further provide significant to the market. The growing number of smartphone users in the region and increasing application of microdisplays in industrial purposes further provide significant opportunity to the market
Market Players Outlook
The key players in the microdisplay market contributing significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include eMagin Corp., Kopin Corp., Sony Corp., Seiko Epson Corp., WINSTAR Display Co., Ltd, and others. These market players adopt various strategies such as product launch, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. For instance in June 2020, Kopin Corp. Announce the advancement in the ColorMax Technology for unparalleled color performance in Duo-Stack OLED microdisplays.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global microdisplay market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. eMagin Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Kopin Corp.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Sony Corp.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Seiko Epson Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. WINSTAR Display Co., Ltd.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Microdisplay Market by Type
5.1.1. Projectors
5.1.2. Near-to-Eye (NTE) Display
5.1.3. Others( Head-up Display)
5.2. Global Microdisplay Market by Technology
5.2.1. OrganicLight-Emitting Diode (OLED)
5.2.2. Liquid Crystal Display (LCD)
5.2.3. Liquid Crystal On Silicon ( LCOS)
5.2.4. Digital Light Processing (DLP)
5.3. Global Microdisplay Market by End-user Industry
5.3.1. Automotive
5.3.2. Consumer Electronics
5.3.3. Military & Defence
5.3.4. Industrial
5.3.5. Others( Healthcare)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Citizen Finedevice Co., Ltd.
7.2. eMagin Corp.
7.3. Himax Technologies, Inc.
7.4. HOLOEYE Photonics AG
7.5. Jasper Display Corp.
7.6. Kopin Corp.
7.7. Liteye Systems, Inc.
7.8. Lumiode, Inc.
7.9. MICROOLED
7.10. MicroVision, Inc.
7.11. OmniVision Technologies, Inc.
7.12. Raystar Optronics, Inc.
7.13. Raontech
7.14. Silicon Micro Display
7.15. Sony Corp.
7.16. Seiko Epson Corp.
7.17. Syndiant, Inc.
7.18. WiseChip Semiconductor Inc.
7.19. WINSTAR Display Co., Ltd.
7.20. Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd.
1. GLOBAL MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL PROJECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL NEAR-TO-EYE (NTE) DISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL OTHER MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
6. GLOBAL OLED MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL LCD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL LCOS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL DLP MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
11. GLOBAL MICRODISPLAY IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL MICRODISPLAY IN CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL MICRODISPLAY IN MILITARY & DEFENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL MICRODISPLAY IN INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL MICRODISPLAY IN OTHER END-USER INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. GLOBAL MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
17. NORTH AMERICAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
18. NORTH AMERICAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
19. NORTH AMERICAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
20. NORTH AMERICAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
21. EUROPEAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
22. EUROPEAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
23. EUROPEAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
24. EUROPEAN MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
27. ASIA-PACIFIC MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
28. ASIA-PACIFIC MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
29. REST OF THE WORLD MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
30. REST OF THE WORLD MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
31. REST OF THE WORLD MICRODISPLAY MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
1. GLOBAL MICRODISPLAY MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. GLOBAL MICRODISPLAY MARKET SHARE BY TECHNOLOGY, 2019 VS 2026 (%)
3. GLOBAL MICRODISPLAY MARKET SHARE BY END-USER INDUSTRY, 2019 VS 2026 (%)
4. GLOBAL MICRODISPLAY MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
7. UK MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD MICRODISPLAY MARKET SIZE, 2019-2026 ($ MILLION)
