OLED Microdisplay Market Research, By Product (Near-to-Eye Devices, Head Mounted Displays, Head-Up Display), Resolution (HD, Full HD), Vertical (Automotive, Consumer Electronics, Media, Entertainment & Sports, Retail, Aviation, Aerospace & Defense, Education) — Forecast till 2027
ID: MRFR/SEM/6010-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis
The global OLED microdisplay market was valued at USD 654.4 million in 2017 and is expected to reach USD 2,240.2 million by the end of the forecast period with a CAGR of 23.4%.
In the current display market, OLED is an advanced display technology that is rapidly replacing the exisitng LED and LCD technologies for various consumer devices such as TVs, smartphone, and others. Further, the OLED microdisplays technology prove beneficial than the other LEDs. The factors responsible for the growth of OLED microdisplay market is the growing demand of energy-efficient display panels for small devices such as smartphones, smartwatches, and other devices. The OLED technology is far superior than the LED and LCD technology due to low power consumption. These microdisplays are used in head-mounted displays, head-up display, projectors, and near-to-eye devices. On the other hand, the manufacturing of microdisplays require certain standards for manufacturing to be compatibe with different devices.
Various key players such as Sony Corporation, LG Display, others are highly investing in research & development activities to manufacture cost-efficitive OLED microdisplay solutions for various end-users and industries. OLED microdisplay technology has a high potential to provide highly effective and bright visuals, that make it suitable to use in handheld devices. The OLED microdisplay market observes a high growth opportunity in automotive head-up displays used for navigation and driver assistance.
Segmentation
The global OLED microdisplay market is segmented into product, resolution, vertical, and region.
By product, the market is segmented into near-to-eye devices, head mounted displays, head-up display, and others.
By resolution, the market is segmented into HD, full HD and others.
By vertical, the market is segmented into automotive, consumer electronics, media, entertainment & sports, retail, aviation, aerospace & defense, education, and others.
By region, the OLED microdisplay market is segmented into North America, Europe, Asia-Pacific, and rest of the world.
Regional analysis
The global market for OLED microdisplay is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of OLED microdisplay market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Among the regions mentioned, Asia-Pacific is the dominating region in terms of revenue generation and is also expected to be the fastest growing market during the forecast period. This growth is owing to the presence of major display device manufacturers. Further, due to increased adoption of smartphones and smartwatches, the demand of microdisplay with OLED technology is increasing. This subjects to the investment in research & development in display technology by major market vendors. Moreover, North America region is also growing with the second highest growth rate. Countries such as the US and Canada are heavily investing in smart homes and smart city initiatives which is increasing the demand of microdisplay to be used in commercial spaces.
Global OLED Microdisplay Market, USD Million 
Source: MRFR Analysis
Key Players
The key players in the OLED microdisplay market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Sony Corporation (Japan), LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd (South Korea), OSRAM Licht AG (Germany), Dresden Microdisplay GmbH (Germany), Kopin Corporation (US), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd (China), Himax Technologies, Inc. (Taiwan), Holoeye Photonics AG (Germany), Seiko Epson Corporation (Japan), Silicon Micro Display Inc. (US), eMagin Corporation (US), OmniVision Technologies Inc. (US), MicroVision Inc. (US), and WINSTAR Display Co., Ltd (Taiwan). These players contribute a major proportion towards market growth.
Apart from the top key players, the other players contribute nearly 30–35 % in the OLED microdisplay market. These include Innovative and others. Fraunhofer Fep (Germany), Industrial Technology Research Institute (ITRI) (Taiwan), Cea-Leti (France), JBD Inc. (US), Vuereal (Canada), Jasper Display Corp. (US), Texas Instruments Inc. (US) among others.
Intended Audience
- System Integrators
- Consultancy and Advisory Firms
- Research Institutes and Organizations
- Technology Standards Organizations
- LED Manufacturers
- Sapphire Makers
- MOCVD Suppliers
- Display Panel Manufacturers
- Brand Customers/OEMs/ODMs
- OSAT and Foundries
- Venture Capitalists
- Financial and Strategic Investors, and Start-Ups
- Semiconductor Component Suppliers
- Universities and research organizations
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 2,240.2 Million |
| CAGR | 23.4% |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Resolution, Vertical |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors |
|
| Key Market Opportunities | The OLED microdisplay market observes a high growth opportunity in automotive head-up displays used for navigation and driver assistance. |
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The global OLED microdisplay market is anticipated to account for a substantial revenue generation of more than USD 2.2 billion by 2023, expanding at a considerable CAGR of 23% over the review period (2018-2023).
The major market players operating in the global OLED microdisplay market include LG Display Co., Ltd. (South Korea), Sony Corporation (Japan), Samsung Electronics Co., Ltd (South Korea), Dresden Microdisplay GmbH (Germany), OSRAM Licht AG (Germany), Kopin Corporation (US), Himax Technologies, Inc. (Taiwan), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd (China), Holoeye Photonics AG (Germany), Silicon Micro Display Inc. (US), Seiko Epson Corporation (Japan), eMagin Corporation (US), MicroVision Inc. (US), OmniVision Technologies Inc. (US), and WINSTAR Display Co., Ltd (Taiwan).
The global OLED microdisplay market segmentation is conducted based on resolution, products, and verticals.
The regional analysis of the global OLED microdisplay market is conducted in four major regions, including the Asia Pacific, Europe, North America, and the rest of the world (covering the Middle East and Africa, and Latin America).
The North American region in the global OLED microdisplay market is slated to dominate the market share over the review period, while the report estimates the fastest growth in the Asia Pacific.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power of Suppliers
4.2 Value Chain/Supply Chain of OLED Microdisplay
5 Market Landscape
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7 OLED Microdisplay Market by Product
7.1 Introduction
7.2 Near-to-Eye Devices
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast, by Region, 2020-2027
7.3 Head Mounted Display
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast, by Region, 2020-2027
7.4 Head-Up-Display
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast, by Region, 2020-2027
7.5 Other
7.5.1 Market Estimates & Forecast, 2020-2027
7.5.2 Market Estimates & Forecast, by Region, 2020-2027
8 OLED Microdisplay Market by Resolution
8.1 Introduction
8.2 HD
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast, by Region, 2020-2027
8.3 Full HD
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast, by Region, 2020-2027
8.4 Others
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast, by Region, 2020-2027
9 OLED Microdisplay Market by Vertical
9.1 Introduction
9.2 Automotive
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast, by Region, 2020-2027
9.3 Consumer Electronics
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast, by Region, 2020-2027
9.4 Media, Entertainment & Sports
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast, by Region, 2020-2027
9.5 Retail
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast, by Region, 2020-2027
9.6 Aviation, Aerospace & Defense
9.6.1 Market Estimates & Forecast, 2020-2027
9.6.2 Market Estimates & Forecast, by Region, 2020-2027
9.7 Education
9.7.1 Market Estimates & Forecast, 2020-2027
9.7.2 Market Estimates & Forecast, by Region, 2020-2027
9.8 Others
9.8.1 Market Estimates & Forecast, 2020-2027
9.8.2 Market Estimates & Forecast, by Region, 2020-2027
10 OLED Microdisplay Market by Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast by Country, 2020–2027
10.2.2 Market Estimates & Forecast by Product, 2020–2027
10.2.3 Market Estimates & Forecast by Resolution, 2020–2027
10.2.4 Market Estimates & Forecast by Vertical, 2020–2027
10.2.5 US
10.2.5.1 Market Estimates & Forecast by Product, 2020–2027
10.2.5.2 Market Estimates & Forecast by Resolution, 2020–2027
10.2.5.3 Market Estimates & Forecast by Vertical, 2020–2027
10.2.6 Mexico
10.2.6.1 Market Estimates & Forecast by Product, 2020–2027
10.2.6.2 Market Estimates & Forecast by Resolution, 2020–2027
10.2.6.3 Market Estimates & Forecast by Vertical, 2020–2027
10.2.7 Canada
10.2.7.1 Market Estimates & Forecast by Product, 2020–2027
10.2.7.2 Market Estimates & Forecast by Resolution, 2020–2027
10.2.7.3 Market Estimates & Forecast by Vertical, 2020–2027
10.3 Europe
10.3.1 Market Estimates & Forecast by Country, 2020–2027
10.3.2 Market Estimates & Forecast by Product, 2020–2027
10.3.3 Market Estimates & Forecast by Resolution, 2020–2027
10.3.4 Market Estimates & Forecast by Vertical, 2020–2027
10.3.5 Germany
10.3.5.1 Market Estimates & Forecast by Product, 2020–2027
10.3.5.2 Market Estimates & Forecast by Resolution, 2020–2027
10.3.5.3 Market Estimates & Forecast by Vertical, 2020–2027
10.3.6 France
10.3.6.1 Market Estimates & Forecast by Product, 2020–2027
10.3.6.2 Market Estimates & Forecast by Resolution, 2020–2027
10.3.6.3 Market Estimates & Forecast by Vertical, 2020–2027
10.3.7 Italy
10.3.7.1 Market Estimates & Forecast by Product, 2020–2027
10.3.7.2 Market Estimates & Forecast by Resolution, 2020–2027
10.3.7.3 Market Estimates & Forecast by Vertical, 2020–2027
10.3.8 Spain
10.3.8.1 Market Estimates & Forecast by Product, 2020–2027
10.3.8.2 Market Estimates & Forecast by Resolution, 2020–2027
10.3.8.3 Market Estimates & Forecast by Vertical, 2020–2027
10.3.9 UK
10.3.9.1 Market Estimates & Forecast by Product, 2020–2027
10.3.9.2 Market Estimates & Forecast by Resolution, 2020–2027
10.3.9.3 Market Estimates & Forecast by Vertical, 2020–2027
10.4 Asia-Pacific
10.4.1 Market Estimates & Forecast by Country, 2020–2027
10.4.2 Market Estimates & Forecast by Product, 2020–2027
10.4.3 Market Estimates & Forecast by Resolution, 2020–2027
10.4.4 Market Estimates & Forecast by Vertical, 2020–2027
10.4.5 China
10.4.5.1 Market Estimates & Forecast by Product, 2020–2027
10.4.5.2 Market Estimates & Forecast by Resolution, 2020–2027
10.4.5.3 Market Estimates & Forecast by Vertical, 2020–2027
10.4.6 India
10.4.6.1 Market Estimates & Forecast by Product, 2020–2027
10.4.6.2 Market Estimates & Forecast by Resolution, 2020–2027
10.4.6.3 Market Estimates & Forecast by Vertical, 2020–2027
10.4.7 Japan
10.4.7.1 Market Estimates & Forecast by Product, 2020–2027
10.4.7.2 Market Estimates & Forecast by Resolution, 2020–2027
10.4.7.3 Market Estimates & Forecast by Vertical, 2020–2027
10.4.8 Rest of Asia-Pacific
10.4.8.1 Market Estimates & Forecast by Product, 2020–2027
10.4.8.2 Market Estimates & Forecast by Resolution, 2020–2027
10.4.8.3 Market Estimates & Forecast by Vertical, 2020–2027
10.5 Rest of the World
10.5.1 Market Estimates & Forecast by Country, 2020–2027
10.5.2 Market Estimates & Forecast by Product, 2020–2027
10.5.3 Market Estimates & Forecast by Resolution, 2020–2027
10.5.4 Market Estimates & Forecast by Vertical, 2020–2027
10.5.5 Middle East & Africa
10.5.5.1 Market Estimates & Forecast by Product, 2020–2027
10.5.5.2 Market Estimates & Forecast by Resolution, 2020–2027
10.5.5.3 Market Estimates & Forecast by Vertical, 2020–2027
10.5.6 Latin America
10.5.6.1 Market Estimates & Forecast by Product, 2020–2027
10.5.6.2 Market Estimates & Forecast by Resolution, 2020–2027
10.5.6.3 Market Estimates & Forecast by Vertical, 2020–2027
11 Competitive Landscape
12 Company Profiles
12.1 Sony Corporation
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 LG Displays
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 Samsung Electronics
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 OSRAM Licht AG
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
12.5 Dresden Microdisplay
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategy
12.6 Kopin Corporation
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 Yunnan North OLiGHTEK Opto-Electronic Technology Co
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Himax Technologies
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategy
12.9 Holoeye Photonics
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategy
12.10 Seiko Epson
12.10.1 Company Overview
12.10.2 Product/Business Segment Overview
12.10.3 Financial Updates
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategy
12.11 Silicon Micro Display (SMD)
12.11.1 Company Overview
12.11.2 Product/Business Segment Overview
12.11.3 Financial Updates
12.11.4 Key Developments
12.11.5 SWOT Analysis
12.11.6 Key Strategy
12.12 Emagin Corporation
12.12.1 Company Overview
12.12.2 Product/Business Segment Overview
12.12.3 Financial Updates
12.12.4 Key Developments
12.12.5 SWOT Analysis
12.12.6 Key Strategy
12.13 Omnivision Technologies
12.13.1 Company Overview
12.13.2 Product/Business Segment Overview
12.13.3 Financial Updates
12.13.4 Key Developments
12.13.5 SWOT Analysis
12.13.6 Key Strategy
12.14 MicroVision Inc
12.14.1 Company Overview
12.14.2 Product/Business Segment Overview
12.14.3 Financial Updates
12.14.4 Key Developments
12.14.5 SWOT Analysis
12.14.6 Key Strategy
12.15 Winstar Display
12.15.1 Company Overview
12.15.2 Product/Business Segment Overview
12.15.3 Financial Updates
12.15.4 Key Developments
12.15.5 SWOT Analysis
12.15.6 Key Strategy
13 Conclusion
LIST OF TABLES
Table 1 Global OLED Microdisplay Market, by Product, 2020–2027
Table 2 Global OLED Microdisplay Market, by Resolution, 2020–2027
Table 3 Global OLED Microdisplay Market, by Vertical, 2020–2027
Table 4 Global OLED Microdisplay Market, by Region, 2020–2027
Table 5 North America: OLED Microdisplay Market, by Country, 2020–2027
Table 6 North America OLED Microdisplay, Market, by Product, 2020–2027
Table 7 North America OLED Microdisplay, Market, by Resolution, 2020–2027
Table 8 North America OLED Microdisplay Market, by Vertical, 2020–2027
Table 9 US OLED Microdisplay, Market, by Product, 2020–2027
Table 10 US OLED Microdisplay, Market, by Component, 2020–2027
Table 11 US OLED Microdisplay Market, by Vertical, 2020–2027
Table 12 Canada OLED Microdisplay, Market, by Product, 2020–2027
Table 13 Canada OLED Microdisplay, Market, by Resolution, 2020–2027
Table 14 Canada OLED Microdisplay Market, by Vertical, 2020–2027
Table 15 Mexico OLED Microdisplay, Market, by Product, 2020–2027
Table 16 Mexico OLED Microdisplay, Market, by Resolution, 2020–2027
Table 17 Mexico OLED Microdisplay Market, by Vertical, 2020–2027
Table 18 Europe OLED Microdisplay Market, by Country, 2020–2027
Table 19 Europe OLED Microdisplay Market, by Product, 2020–2027
Table 20 Europe OLED Microdisplay Market, by Resolution, 2020–2027
Table 21 Europe OLED Microdisplay Market, by Vertical, 2020–2027
Table 22 Germany OLED Microdisplay Market, by Product, 2020–2027
Table 23 Germany OLED Microdisplay Market, by Resolution, 2020–2027
Table 24 Germany OLED Microdisplay Market, by Vertical, 2020–2027
Table 25 France OLED Microdisplay Market, by Product, 2020–2027
Table 26 France OLED Microdisplay Market, by Resolution, 2020–2027
Table 27 France OLED Microdisplay Market, by Vertical, 2020–2027
Table 28 UK OLED Microdisplay Market, by Product, 2020–2027
Table 29 UK OLED Microdisplay Market, by Resolution, 2020–2027
Table 30 UK OLED Microdisplay Market, by Vertical, 2020–2027
Table 31 Spain OLED Microdisplay Market, by Product, 2020–2027
Table 32 Spain OLED Microdisplay Market, by Resolution, 2020–2027
Table 33 Spain OLED Microdisplay Market, by Vertical, 2020–2027
Table 34 Italy OLED Microdisplay Market, by Product, 2020–2027
Table 35 Italy OLED Microdisplay Market, by Resolution, 2020–2027
Table 36 Italy OLED Microdisplay Market, by Vertical, 2020–2027
Table 37 Asia-Pacific OLED Microdisplay Market, by Country, 2020–2027
Table 38 Asia-Pacific OLED Microdisplay Market, by Product, 2020–2027
Table 39 Asia-Pacific OLED Microdisplay Market, by Resolution, 2020–2027
Table 40 Asia-Pacific OLED Microdisplay Market, by Vertical, 2020–2027
Table 41 China OLED Microdisplay Market, by Product, 2020–2027
Table 42 China OLED Microdisplay Market, by Resolution, 2020–2027
Table 43 China OLED Microdisplay Market, by Vertical, 2020–2027
Table 44 Japan OLED Microdisplay Market, by Product, 2020–2027
Table 45 Japan OLED Microdisplay Market, by Resolution, 2020–2027
Table 46 Japan OLED Microdisplay Market, by Vertical, 2020–2027
Table 47 India OLED Microdisplay Market, by Product, 2020–2027
Table 48 India OLED Microdisplay Market, by Resolution, 2020–2027
Table 49 India OLED Microdisplay Market, by Vertical, 2020–2027
Table 50 Rest of Asia-Pacific OLED Microdisplay Market, by Product, 2020–2027
Table 51 Rest of Asia-Pacific OLED Microdisplay Market, by Resolution, 2020–2027
Table 52 Rest of Asia-Pacific OLED Microdisplay Market, by Vertical, 2020–2027
Table 53 Rest of the World OLED Microdisplay Market, by Country, 2020–2027
Table 54 Rest of the world OLED Microdisplay Market, by Product, 2020–2027
Table 55 Rest of the World OLED Microdisplay Market, by Resolution, 2020–2027
Table 56 Rest of the World OLED Microdisplay Market, by Vertical, 2020–2027
LIST OF FIGURES
FIGURE 1 Global OLED Microdisplay Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global OLED Microdisplay Market
FIGURE 4 Value Chain of Global OLED Microdisplay Market
FIGURE 5 Share of Global OLED Microdisplay Market in 2020, by Country (in %)
FIGURE 6 Global OLED Microdisplay Market, 2020–2027
FIGURE 7 Sub-segments of Product
FIGURE 8 Global OLED Microdisplay Market Size, by Product, 2020
FIGURE 9 Share of Global OLED Microdisplay Market, by Product, 2020 to 2027
FIGURE 12 Global OLED Microdisplay Market Size, by Resolution, 2020
FIGURE 13 Share of Global OLED Microdisplay Market, by Resolution, 2020 to 2027