Micro Display Market Research Report - Global Forecast 2027

Micro display Market, By Technology (LCD, OLED), By Product (Projectors, Smart bands, Binoculars), By End-users (Automotive, Healthcare, Industrial) - Global Forecast 2027

ID: MRFR/SEM/2756-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis of Global Micro display Market:
Market Scenario:
The key players in the global micro display market include- Seiko Epson Corporation (Japan), Kopin Corporation (US), Himax Technologies, Inc. (Taiwan), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), RAONTECH (South Korea), WiseChip Semiconductor Inc. (Taiwan), Syndiant (US), Jasper Display Corp. (Taiwan), Microtips Technology, LLC (US), Dresden Micro display GmbH  (Germany), Japan Display Inc. (Japan), MICROOLED (France), HOLOEYE Photonics AG (Germany), and eMagin Corporation (US) among others.


The global micro display market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The embedded hypervisor software market is highly competitive due to the presence of several large vendors.


For instance, recently eMagin Company launched a new ultra high definition full color OLED micro display for consumer electronics. Also, in March 2017, BOE technology and OLiGHTEK Opto-Electronic Technology Co., Ltd. announced a new joint venture to produce OLED micro displays for the consumer virtual reality and augmented reality market. The company will be named as Kunming, Yunnan.


Regionally, North America accounted for the largest market share from countries such U.S. and Canada among others. The reason is attributed to increasing demand for projectors by the educational institutes and growing usage of advanced technologies. However, Asia-Pacific region is expected to grow over the forecast period, 2017-2023. The reason is attributed to growing demand for high-end technology and increasing sale of consumer electronics such as smartphones & tablets.


The market can be bifurcated on the basis of product, technology, end-users and region. On the basis of technology the market can be segmented into LCD, OLED, LCoS and DLP among others. Out of these, OLED accounted for the largest market share majorly due to enhanced features and better power efficiency.


Micro display can be explained as an electronic form of display which has few advantages such as physically small, provides high information content, better resolution and better picture quality. Micro displays are small sized display units with screen sizes and resolution in micro levels. Also, the small size enables applications in variety of sectors. Sometimes these micro displays are used in head-mounted displays to provide better viewing angle and resolution.


The factors contributing to the growth of the micro display market are rising adoption portable devices, growing application of micro displays, increasing demand for augmented reality displays and high resolution and excellent picture quality. However, factors such as high manufacturing cost and maintenance cost are hindering the growth of the micro display market. Furthermore, evolution of micro display technologies and high demand for high resolution micro displays are expected to boost the growth of the micro display market over the forecast period, 2017-2023.



Global
Micro Display Market
Micro display Market
The global micro display market is expected to reach approximately USD 1.8 billion by the end of 2023 with 14% CAGR during forecast period 2017-2023.

 
Segments
For the purpose of this study, Market Research Future has segmented the market of microdisplay into technology, product, end-users and region.


Technology



  • OLED

  • LCD

  • LCos

  • DLP

  • Others



Product



  • Projectors

  • Headsets

  • Smart Glasses

  • HMD

  • EVF

  • Others


End-users



  • Healthcare

  • Consumer Electronics

  • Industrial

  • Automotive

  • Defense

  • Aerospace

  • Education

  • Commercial

  • Others

Region


  • North-America

  • Europe

  • Asia-Pacific

  • RoW



Intended Audience



  • Device manufacturers

  • Network Operators

  • Distributors

  • Suppliers

  • Research firms

  • Software Developers

  • Commercial Banks

  • Vendors

  • Semiconductor Manufacturers

  • End-user sectors

  • Technology Investors



Frequently Asked Questions (FAQ) :


High resolution and enhanced image quality offered by micro display are observed as key drivers of the market that can cause it to expand at 14% CAGR and value at USD 1.8 billion by 2023.

The rapid adoption of advanced technology, micro display, in the education sector in the Asia Pacific region is expected to generate the largest revenue for the global market.

Seiko Epson Corporation (Japan), Himax Technologies, Inc. (Taiwan), Kopin Corporation (US), and RAONTECH (South Korea) are some prominent names in the global micro display market.

Products that has inbuilt micro display are projectors, HMD, EVF, headsets, and smart glasses.

OLED is the booming technology that is used in micro display. Other technologies, such as LCD, DLP, and LCos are used in micro display.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH NETWORK PRODUCT SOFTWARE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 MICRODISPLAY MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY TECHNOLOGY

6.2.1.1 OLED

6.2.1.2 LCos

6.2.1.3 LCD

6.2.1.4 DLP

6.2.1.6 OTHERS

6.2.2 BY PRODUCT

6.2.2.1 PROJECTORS

6.2.1.2 HEADSETS

6.2.1.3 SMART GLASSES

6.2.1.4 HMD

6.2.1.5 EVF

6.2.1.6 OTHERS

6.2.3 BY END-USERS

6.2.3.1 HEALTHCARE

6.2.3.2 CONSUMER ELECTRONICS

6.2.3.3 INDUSTRIAL

6.2.3.4 AUTOMOTIVE

6.2.3.5 AEROSPACE

6.2.3.6 EDUCATION

6.2.3.7 COMMERCIAL

6.2.3.8 OTHERS

6.2.4 BY GEOGRAPHY

6.2.4.1 NORTH AMERICA

6.2.4.2 EUROPE

6.2.4.3 ASIA-PACIFIC

6.2.4.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 EPSON CORPORATION (JAPAN)

7.3.2 KOPIN CORPORATION (US)

7.3.3 HIMAX TECHNOLOGIES, INC. (TAIWAN)

7.3.4 OLIGHTEK OPTO-ELECTRONIC TECHNOLOGY CO., LTD. (CHINA)

7.3.5 RAONTECH (SOUTH KOREA)

7.3.6 WISECHIP SEMICONDUCTOR INC. (TAIWAN)

7.3.7 SYNDIANT (US)

7.3.8 JASPER DISPLAY CORP. (TAIWAN)

7.3.9 MICROTIPS TECHNOLOGY, LLC (US)

7.3.10 DRESDEN MICRODISPLAY GMBH (GERMANY)

7.3.11 JAPAN DISPLAY INC. (JAPAN)

7.3.12 MICROOLED (FRANCE)

7.3.13 HOLOEYE PHOTONICS AG (GERMANY)

7.3.14 EMAGIN CORPORATION (US)

7.3.15 OTHERS


LIST OF TABLES

TABLE 1 MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 2 MICRODISPLAY MARKET, BY PRODUCT

TABLE 3 MICRODISPLAY MARKET, BY END-USERS

TABLE 4 MICRODISPLAY MARKET, BY GEOGRAPHY

TABLE 5 NORTH AMERICA MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 6 NORTH AMERICA MICRODISPLAY MARKET, BY PRODUCT

TABLE 7 NORTH AMERICA MICRODISPLAY MARKET, BY END-USERS

TABLE 8 U.S MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 9 U.S. MICRODISPLAY MARKET, BY PRODUCT

TABLE 10 U.S. MICRODISPLAY MARKET, BY END-USERS

TABLE 11 CANADA MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 12 CANADA MICRODISPLAY MARKET, BY PRODUCT

TABLE 13 CANADA MICRODISPLAY MARKET, BY END-USERS

TABLE 14 EUROPE MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 15 EUROPE MICRODISPLAY MARKET, BY PRODUCT

TABLE 16 EUROPE MICRODISPLAY MARKET, BY END-USERS

TABLE 17 GERMANY MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 18 GERMANY MICRODISPLAY MARKET, BY PRODUCT

TABLE 19 GERMANY MICRODISPLAY MARKET, BY END-USERS

TABLE 20 FRANCE MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 21 FRANCE MICRODISPLAY MARKET, BY PRODUCT

TABLE 2 2 FRANCE MICRODISPLAY MARKET, BY END-USERS

TABLE 23 U.K. MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 24 U.K. MICRODISPLAY MARKET, BY PRODUCT

TABLE 2 5 U.K MICRODISPLAY MARKET, BY END-USERS

TABLE 26 REST OF EUROPE MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 27 REST OF EUROPE MICRODISPLAY MARKET, BY PRODUCT

TABLE 2 8 REST OF EUROPE MICRODISPLAY MARKET, BY END-USERS

TABLE 29 ASIA-PACIFIC MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 30 ASIA-PACIFIC MICRODISPLAY MARKET, BY PRODUCT

TABLE 31 ASIA-PACIFIC MICRODISPLAY MARKET, BY END-USERS

TABLE 32 REST OF THE WORLD MICRODISPLAY MARKET, BY TECHNOLOGY

TABLE 33 REST OF THE WORLD MICRODISPLAY MARKET, BY PRODUCT

TABLE 34 REST OF THE WORLD MICRODISPLAY MARKET, BY END-USERS

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 MICRODISPLAY MARKET, BY TECHNOLOGY (%)

FIGURE 3 MICRODISPLAY MARKET, BY PRODUCT (%)

FIGURE 4 MICRODISPLAY MARKET, BY END-USERS (%)

FIGURE 5 MICRODISPLAY MARKET, BY REGIONS (%)

FIGURE 6 NORTH AMERICA MICRODISPLAY MARKET, BY TECHNOLOGY (%)

FIGURE 7 NORTH AMERICA MICRODISPLAY MARKET, BY PRODUCT (%)

FIGURE 8 NORTH AMERICA MICRODISPLAY MARKET, BY END-USERS (%)

FIGURE 9 EUROPE MICRODISPLAY MARKET, BY TECHNOLOGY (%)

FIGURE 10 EUROPE MICRODISPLAY MARKET, BY PRODUCT (%)

FIGURE 11 EUROPE MICRODISPLAY MARKET, BY END-USERS (%)

FIGURE 12 ASIA-PACIFIC MICRODISPLAY MARKET, BY TECHNOLOGY (%)

FIGURE 13 ASIA-PACIFIC MICRODISPLAY MARKET, BY PRODUCT (%)

FIGURE 14 ASIA-PACIFIC MICRODISPLAY MARKET, BY END-USERS (%)

FIGURE 15 REST OF THE WORLD MICRODISPLAY MARKET, BY TECHNOLOGY (%)

FIGURE 16 REST OF THE WORLD MICRODISPLAY MARKET, BY PRODUCT (%)

FIGURE 17 REST OF THE WORLD MICRODISPLAY MARKET, BY END-USERS (%)