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Micro-Display Market by Product (Projection and Near-To-Eye Displays (NEDs)), by Display Technology (Liquid Crystal On-Silicon (LCoS), Liquid Crystal Displays (LCD), Digital Micro-Mirror Devices (DMD), Digital Light Processing (DLP), Organic Light Emitting Diode (OLED), and Others), by Application (Head Mounted Display (HMD), Head-Up Display (HUD), Electronic View Finder (EVF), and Projector), and by Vertical (Automotive, Aerospace and Defense, Retail, Healthcare, Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 19-Feb-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 182 Report Code: ZMR-3834 Status : Published

Global micro-display market expected to reach approximately USD 4,471 million by 2025, at a CAGR of 24.41% between 2019 and 2025. A micro-miniaturized electronic display with an extremely small-sized screen is defined as a micro-display. The display screen size of any micro-display is usually less than a quarter inch diagonally.

Description

the report covers a forecast and an analysis of the micro-display market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the micro-display market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the micro-display market on a global level.

This report offers a comprehensive analysis of the global micro-display market along with market trends, drivers, and restraints of the market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Micro Display Market

The global micro-display market is segmented based on product, display technology, application, vertical, and region. By product, the market is classified into projection and near-to-eye displays (NEDs). By display technology, the market includes liquid crystal on-silicon (LCoS), liquid crystal displays (LCD), digital micro-mirror display technology (DMD), digital light processing (DLP), an organic light emitting diode (OLED), and others. By application, the market includes a head-mounted display (HMD), head-up display (HUD), an electronic view finder (EVF), and projector. By vertical, the market is categorized into automotive, aerospace and defense, retail, healthcare, entertainment, and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, China, India, Japan, South Korea, Brazil, Argentina, and GCC Countries.

Some key players of the global micro-display market are KopIn Corporation Inc., Sony Corporation, Micron Technology Inc., Universal Display Corporation, eMagin Corporation, LG Display Co. Ltd., Raystar Optronics, OLiGHTEK, Himax Technologies, WINSTAR Display, Seiko Epson, Microvision Inc., HOLOEYE Photonics, Syndiant Inc., and AU Optronics Corp., among others.

This report segments the global micro-display market into:

Micro-Display Market: Product Analysis

  • Projection
  • Near-To-Eye Displays (NEDs)
  • Micro-Display Market: Display Technology Analysis
  • Liquid Crystal On-Silicon (LCoS)
  • Liquid Crystal Displays (LCD)
  • Digital Micro-Mirror Devices (DMD)
  • Digital Light Processing (DLP)
  • Organic Light Emitting Diode (OLED)
  • Others

Micro-Display Market: Application Analysis

  • Head Mounted Display (HMD)
  • Head-Up Display (HUD)
  • Electronic View Finder (EVF)
  • Projector

Micro-Display Market: Vertical Analysis

  • Automotive
  • Aerospace and Defense
  • Retail
  • Healthcare
  • Entertainment
  • Others

Micro-Display Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) &Products
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Application and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Micro-Display Market, 2016-2025 (USD Million)
    • 2.2. Micro-Display Market: Market Snapshot
  •  
  • Chapter 3. Global Micro-Display Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry Ecosystem Analysis
    • 3.3. Technology Landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
        • 3.4.1.1. Rising market demand for micro-displays for projectors
      • 3.4.2. Europe
        • 3.4.2.1. Flourishing growth of the aerospace and defense industry
      • 3.4.3. Asia Pacific
        • 3.4.3.1. Growing consumer electronics demand in developing economies
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. High investments and thermal loss
      • 3.5.2. Saturation in the demand for micro-displays for digital cameras and projectors
    • 3.6. Opportunities
    • 3.7. Innovation & Sustainability
    • 3.8. Regulatory Landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Micro-Display Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Product
      • 3.11.2. Market Attractiveness Analysis by Display Technology
      • 3.11.3. Market Attractiveness Analysis by Application
      • 3.11.4. Market Attractiveness Analysis by Vertical
      • 3.11.5. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Micro-Display Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Display Technology Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  • Chapter 5. Micro-Display Market - Product Analysis
    • 5.1. Global Micro-Display Market Revenue Share, by Product, 2018 & 2025
      • 5.1.1. Global Micro-Display Market by Projection, 2016-2025 (USD Million)
      • 5.1.2. Global Micro-Display Market by Near-to-eye displays (NEDs), 2016-2025 (USD Million)
  •  
  • Chapter 6. Micro-Display Market - Display Technology Analysis
    • 6.1. Global Micro-Display Market Revenue Share, by Display Technology, 2018 & 2025
      • 6.1.1. Global Micro-Display Market by Liquid Crystal On-Silicon (LCoS), 2016-2025 (USD Million)
      • 6.1.2. Global Micro-Display Market by Liquid Crystal Displays (LCD), 2016-2025 (USD Million)
      • 6.1.3. Global Micro-Display Market by Digital Micro-Mirror Devices (DMD), 2016-2025 (USD Million)
      • 6.1.4. Global Micro-Display Market by Organic Light Emitting Diode (OLED), 2016-2025 (USD Million)
      • 6.1.5. Global Micro-Display Market by Digital Light Processing (DLP), 2016-2025 (USD Million)
      • 6.1.6. Global Micro-Display Market by Others, 2016-2025 (USD Million)
  •  
  • Chapter 7. Global Micro-Display Market - Application Analysis
    • 7.1. Global Micro-Display Market Revenue Share, by Application 2018 & 2025
      • 7.1.1. Global Micro-Display Market for Head Mounted Display (HMD), 2016-2025 (USD Million)
      • 7.1.2. Global Micro-Display Market for Head-up display (HUD), 2016-2025 (USD Million)
      • 7.1.3. Global Micro-Display Market for Electronic View Finder (EVF), 2016-2025 (USD Million)
      • 7.1.4. Global Micro-Display Market for Projector, 2016-2025 (USD Million)
  •  
  • Chapter 8. Micro-Display Market - Vertical Analysis
    • 8.1. Global Micro-Display Market Revenue Share, by Vertical, 2018 & 2025
      • 8.1.1. Global Micro-Display Market by Automotive, 2016-2025 (USD Million)
      • 8.1.2. Global Micro-Display Market by Aerospace & Defense, 2016-2025 (USD Million)
      • 8.1.3. Global Micro-Display Market by Retail, 2016-2025 (USD Million)
      • 8.1.4. Global Micro-Display Market by Healthcare, 2016-2025 (USD Million)
      • 8.1.5. Global Micro-Display Market by Entertainment, 2016-2025 (USD Million)
      • 8.1.6. Global Micro-Display Market by Others, 2016-2025 (USD Million)
  •  
  • Chapter 9. Micro-Display Market - Regional Analysis
    • 9.1. Global Micro-Display Market: Regional Overview
      • 9.1.1. Global Micro-Display Market Revenue Share, By Region, 2018 & 2025
    • 9.2. North America
      • 9.2.1. North America Micro-Display Market Revenue, 2016-2025 (USD Million)
      • 9.2.2. North America Micro-Display Market Revenue, By Product, 2016-2025 (USD Million)
      • 9.2.3. North America Micro-Display Market Revenue, By Display Technology, 2016-2025 (USD Million)
      • 9.2.4. North America Micro-Display Market Revenue, By Application, 2016-2025 (USD Million)
      • 9.2.5. North America Micro-Display Market Revenue, By Vertical, 2016-2025 (USD Million)
      • 9.2.6. The U.S.
        • 9.2.6.1. The U.S. Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.2.6.2. The U.S. Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.2.6.3. The U.S. Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.2.6.4. The U.S. Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.2.7. Canada
        • 9.2.7.1. Canada Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.2.7.2. Canada Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.2.7.3. Canada Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.2.7.4. Canada Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.2.8. Mexico
        • 9.2.8.1. Mexico Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.2.8.2. Mexico Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.2.8.3. Mexico Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.2.8.4. Mexico Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
    • 9.3. Europe
      • 9.3.1. Europe Micro-Display Market Revenue, 2016-2025 (USD Million)
      • 9.3.2. Europe Micro-Display Market Revenue, By Product, 2016-2025 (USD Million)
      • 9.3.3. Europe Micro-Display Market Revenue, By Display Technology, 2016-2025 (USD Million)
      • 9.3.4. Europe Micro-Display Market Revenue, By Application, 2016-2025 (USD Million)
      • 9.3.5. Europe Micro-Display Market Revenue, By Vertical, 2016-2025 (USD Million)
      • 9.3.6. UK
        • 9.3.6.1. UK Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.3.6.2. UK Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.3.6.3. UK Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.3.6.4. UK Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.3.7. France
        • 9.3.7.1. France Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.3.7.2. France Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.3.7.3. France Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.3.7.4. France Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.3.8. Germany
        • 9.3.8.1. Germany Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.3.8.2. Germany Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.3.8.3. Germany Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.3.8.4. Germany Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.3.9. Rest of Europe
        • 9.3.9.1. Rest of Europe. Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.3.9.2. Rest of Europe. Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.3.9.3. Rest of Europe Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.3.9.4. Rest of Europe Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Micro-Display Market Revenue, 2016-2025 (USD Million)
      • 9.4.2. Asia Pacific Micro-Display Market Revenue, By Product, 2016-2025 (USD Million)
      • 9.4.3. Asia Pacific Micro-Display Market Revenue, By Display Technology, 2016-2025 (USD Million)
      • 9.4.4. Asia Pacific Micro-Display Market Revenue, By Application, 2016-2025 (USD Million)
      • 9.4.5. Asia Pacific Micro-Display Market Revenue, By Vertical, 2016-2025 (USD Million)
      • 9.4.6. China
        • 9.4.6.1. China Micro-Display Market Revenue, by Product,2016-2025 (USD Million)
        • 9.4.6.2. China Micro-Display Market Revenue, by Display Technology,2016-2025 (USD Million)
        • 9.4.6.3. China Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.4.6.4. China Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.4.7. Japan
        • 9.4.7.1. Japan Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.4.7.2. Japan Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.4.7.3. Japan Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.4.7.4. Japan Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.4.8. India
        • 9.4.8.1. India Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.4.8.2. India Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.4.8.3. India Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.4.8.4. India Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.4.9. South Korea
        • 9.4.9.1. South Korea Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.4.9.2. South Korea Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.4.9.3. South Korea Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.4.9.4. South Korea Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.4.10. Rest of Asia Pacific
        • 9.4.10.1. Rest of Asia Pacific Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.4.10.2. Rest of Asia Pacific Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.4.10.3. Rest of Asia Pacific Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.4.10.4. Rest of Asia Pacific Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
    • 9.5. Latin America
      • 9.5.1. Latin America Micro-Display Market Revenue, 2016-2025 (USD Million)
      • 9.5.2. Latin America Micro-Display Market Revenue, By Product, 2016-2025 (USD Million)
      • 9.5.3. Latin America Micro-Display Market Revenue, By Display Technology, 2016-2025 (USD Million)
      • 9.5.4. Latin America Micro-Display Market Revenue, By Application, 2016-2025 (USD Million)
      • 9.5.5. Latin America Micro-Display Market Revenue, By Vertical, 2016-2025 (USD Million)
      • 9.5.6. Brazil
        • 9.5.6.1. Brazil Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.5.6.2. Brazil Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.5.6.3. Brazil Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.5.6.4. Brazil Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.5.7. Argentina
        • 9.5.7.1. Argentina Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.5.7.2. Argentina Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.5.7.3. Argentina Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.5.7.4. Argentina Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.5.8. Rest of Latin America
        • 9.5.8.1. Rest of Latin America Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.5.8.2. Rest of Latin America Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.5.8.3. Rest of Latin America Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.5.8.4. Rest of Latin America Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Micro-Display Market Revenue, 2016-2025 (USD Million)
      • 9.6.2. The Middle East and Africa Micro-Display Market Revenue, By Product, 2016-2025 (USD Million)
      • 9.6.3. The Middle East and Africa Micro-Display Market Revenue, By Display Technology, 2016-2025 (USD Million)
      • 9.6.4. The Middle East and Africa Micro-Display Market Revenue, By Application, 2016-2025 (USD Million)
      • 9.6.5. The Middle East and Africa Micro-Display Market Revenue, By Vertical, 2016-2025 (USD Million)
      • 9.6.6. GCC Countries
        • 9.6.6.1. GCC Countries Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.6.6.2. GCC Countries Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.6.6.3. GCC Countries Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.6.6.4. GCC Countries Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
      • 9.6.7. Rest of MEA
        • 9.6.7.1. Rest of MEA Micro-Display Market Revenue, by Product, 2016-2025 (USD Million)
        • 9.6.7.2. Rest of MEA Micro-Display Market Revenue, by Display Technology, 2016-2025 (USD Million)
        • 9.6.7.3. Rest of MEA Micro-Display Market Revenue, by Application, 2016-2025 (USD Million)
        • 9.6.7.4. Rest of MEA Micro-Display Market Revenue, by Vertical, 2016-2025 (USD Million)
  •  
  • Chapter 10. Company Profiles
    • 10.1. KopIn Corporation Inc.
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
      • 10.1.6. SWOT
    • 10.2. Sony Corporation
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
      • 10.2.6. SWOT
    • 10.3. Micron Technology Inc.
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
      • 10.3.6. SWOT
    • 10.4. Universal Display Corporation
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
      • 10.4.6. SWOT
    • 10.5. eMagin Corporation
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
      • 10.5.6. SWOT
    • 10.6. LG Display Co. Ltd.
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
      • 10.6.6. SWOT
    • 10.7. Raystar Optronics
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
      • 10.7.6. SWOT
    • 10.8. OLiGHTEK
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
      • 10.8.6. SWOT
    • 10.9. Himax Technologies
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
      • 10.9.6. SWOT
    • 10.10. WINSTAR Display
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product Portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments
      • 10.10.6. SWOT
    • 10.11. WINSTAR Display
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Product Portfolio
      • 10.11.4. Business strategy
      • 10.11.5. Recent developments
      • 10.11.6. SWOT
    • 10.12. Microvision Inc.
      • 10.12.1. Overview
      • 10.12.2. Financials
      • 10.12.3. Product Portfolio
      • 10.12.4. Business strategy
      • 10.12.5. Recent developments
      • 10.12.6. SWOT
    • 10.13. HOLOEYE Photonics
      • 10.13.1. Overview
      • 10.13.2. Financials
      • 10.13.3. Product Portfolio
      • 10.13.4. Business strategy
      • 10.13.5. Recent developments
      • 10.13.6. SWOT
    • 10.14. Syndiant Inc.
      • 10.14.1. Overview
      • 10.14.2. Financials
      • 10.14.3. Product Portfolio
      • 10.14.4. Business strategy
      • 10.14.5. Recent developments
      • 10.14.6. SWOT
    • 10.15. AU Optronics Corp.
      • 10.15.1. Overview
      • 10.15.2. Financials
      • 10.15.3. Product Portfolio
      • 10.15.4. Business strategy
      • 10.15.5. Recent developments
      • 10.15.6. SWOT

Methodology

Free Analysis

A micro-miniaturized electronic display with an extremely small-sized screen is defined as a micro-display. The display screen size of any micro-display is usually less than a quarter inch diagonally. These compact displays are designed with user-configurable technology and facilitate high resolution required for developing quality images.

The adoption rate of micro-displays is projected to be escalating worldwide, due to the integration of advanced technologies. Such small-sized displays are flourishing worldwide as they provide high resolution and increased pixel for developing exemplary images. In addition, the compact size and low power consumption of these displays have elevated their market penetration in consumer electronics and medical applications to a large extent. These are some factors that are projected to fuel the growth of the micro-display market over the estimated timeframe. Several benefits of these micro-displays are likely to further drive the market for micro-displays in the future. However, the saturation in the demand for micro-displays in digital cameras and projectors may restrain the micro-display market in the upcoming years. Moreover, the evolving product penetration rate in the aerospace and defense industry is estimated to create lucrative growth opportunities for the market over the forecast timeframe.

Global Micro Display Market

The global micro-display market is segmented based on product, display technology, application, and vertical. By product, the market is classified into projection and near-to-eye displays (NEDs). The projection segment is slated to dominate the market in the future. By display technology, the market includes liquid crystal on-silicon (LCoS), liquid crystal displays (LCD), digital micro-mirror display technology (DMD), digital light processing (DLP), an organic light emitting diode (OLED), and others. By application, the market includes a head mounted display (HMD), head-up display (HUD), an electronic view finder (EVF), and projector. By vertical, the market is categorized into automotive, aerospace and defense, retail, healthcare, entertainment, and others.

North America is likely to hold a substantial market share in the future, owing to the increasing demand for projectors with micro-displays for the educational sector. The Asia Pacific micro-display market is projected to grow rapidly in the upcoming years, owing to the increasing adoption of wearable electronic devices, such as smartwatches and fitness bands in developing Asian economies, such as India and China.

Some key players of the global micro-display market are KopIn Corporation Inc., Sony Corporation, Micron Technology Inc., Universal Display Corporation, eMagin Corporation, LG Display Co. Ltd., Raystar Optronics, OLiGHTEK, Himax Technologies, WINSTAR Display, Seiko Epson, Microvision Inc., HOLOEYE Photonics, Syndiant Inc., and AU Optronics Corp., among others.

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