Global Microdisplay Market Nears $3 Billion by 2024, Witnessing a CAGR of Approx 21% During 2019-2024
Dublin, Sept. 09, 2019 (GLOBE NEWSWIRE) -- The "Microdisplay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global microdisplay market was worth US$ 926 Million in 2018. The market is projected to reach a value of US$ 2,979 Million by 2024, registering a CAGR of around 21% during 2019-2024.
Some of the chief characteristics of microdisplays include high resolution, excellent picture quality, low power consumption and compact size. Owing to these advantages, they find wide applications across industries such as military and defense, consumer electronics and healthcare. The increasing popularity of augmented/virtual reality (AR/VR) and the development of high-definition and ultra-high-definition microdisplay screens are among the critical factors driving the demand for microdisplays in these industries.
For instance, AR and VR headsets require highly advanced microdisplays to offer the best performance to the user. Additionally, there is an increasing demand for lightweight and compact VR glasses which are made using large-area microdisplays. Apart from this, HMDs are extensively used in the gaming, sports and entertainment sectors in products such as TV sets, tablets, smartphones and cameras, thus further catalyzing the demand for these screens.
Key Topics Covered
1 Preface
2 Scope & Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Microdisplay Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Technology
5.5 Market Breakup by Resolution
5.6 Market Breakup by Brightness
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product
6.1 Near-To-Eye (NTE) Devices
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Head-Up Display (HUD)
6.3 Projector
6.4 Others
7 Market Breakup by Technology
7.1 Liquid Crystal Display (LCD)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Liquid Crystal on Silicon (LCOS)
7.3 Organic Light-Emitting Diode (OLED)
7.4 Digital Light Processing (DLP)
8 Market Breakup by Resolution
8.1 Lower Than HD
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 HD
8.3 FHD
8.4 Higher Than FHD
9 Market Breakup by Brightness
9.1 Less Than 500 Nits
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 500-1,000 Nits
9.3 More Than 1,000 Nits
10 Market Breakup by End-User
10.1 Consumer
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Industrial and Enterprise
10.3 Automotive
10.4 Military, Defense, and Aerospace
10.5 Sports and Entertainment
10.6 Retail and Hospitality
10.7 Medical
10.8 Education
10.9 Others
11 Market Breakup by Region
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
15.1 Price Indicators
15.2 Price Structure
15.3 Margin Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Kopin Corporation
16.3.2 Himax Technologies, Inc.
16.3.3 eMagin Corporation
16.3.4 WiseChip Semiconductor Inc.
16.3.5 Microtips Technology, LLC
16.3.6 Universal Display Corporation
16.3.7 Sony Semiconductor Solutions Corporation
16.3.8 Micron Technology Inc.
16.3.9 LG Display Co. Ltd.
16.3.10 Seiko Epson Corporation
16.3.11 Yunnan Olightek Opto-Electronic Technology Co. Ltd.
16.3.12 Jasper Display Corp.
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