Global Microdisplay Market Size and Forecast To 2025


Posted February 27, 2019 by amolsanap

According to Verified Market Intelligence, The Global Microdisplay Market was valued at USD 0.80 billion in 2017 and is projected to reach USD 2.12 billion by 2025, growing at a CAGR of 13.0% from 2018 to 2025.

 
Global Microdisplay Market Analysis
According to Verified Market Intelligence, The Global Microdisplay Market was valued at USD 0.80 billion in 2017 and is projected to reach USD 2.12 billion by 2025, growing at a CAGR of 13.0% from 2018 to 2025.

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What is Microdisplay?
Microdisplay is defined as a compact size display with less than a quarter inch diagonal. It consists of user-configurable technology, high resolution, and high pixel density that is widely used in smart watches, smart bands, and smart glasses. This technology allows quality images and high contrast ratio. Moreover, it offers super extended graphics array (SEGA) resolution for better angle viewing and improved brightness. Most widely used technologies include LCD, DLP, and LCoS. Microdisplay has a wide range of applications in military & defense, for real-time monitoring and faster performance.

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Global Microdisplay Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Growing adoption portable devices such as HMDs and HUDs and rising applications of microdisplays have been driving the global microdisplay market. On the other hand, low performance of microdisplays at high temperatures and the high cost of microdisplays might act as a restraint for the overall market at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Microdisplay Market” is mainly bifurcated into sub-segments which can provide a classified data regarding the latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Microdisplay Market Competitive Landscape
The “Global Microdisplay Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as eMagin Corporation, Universal Display Corporation, AU Optronics Corp, KopIn Corporation Inc., Micron Technology Inc., Himax Technology Inc., LG Display Co. Ltd, Microvision Inc., Sony Corporation, and Syndiant Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Global Microdisplay Market Segmentation, by Product Type
• NTE Display Devices
o Electronic Viewfinder (EVF)
o Heads-Up Display (HUD)
o Head-Mounted Display (HMD)
• Projection Devices
o Pico-Projectors
o Data Projectors
• Others
Global Microdisplay Market Segmentation, by Technology
• OLED
• DLP
• LCoS
• LCD
Global Microdisplay Market Segmentation, by Application
• Commercial
• Consumer
• Medical
• Education
• Automotive
• Industrial and Enterprise
• Military, Defense, and Aerospace
• Others
Global Microdisplay Market Segmentation, by Resolution
• 1920×1080 and >1920×1080
• 1024×768 and 1280×1024
• 800×600, 800×480, and 854×480
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Issued By VMR
Country United States
Categories Advertising , Business , Marketing
Tags microdisplay market
Last Updated February 27, 2019