Global Microdisplay Market by Type(Reflective And Transmissive), By Product (Near-to-Eye devices (HMD, Head-up display (HUD), and EVF), Projector and Others), By Technology (Organic Light-Emitting Diode (OLED), Liquid Crystal on Silicon (LCoS), Liquid Crystal Displays (LCD), and Digital Light Processing (DLP)

Global microdisplay market projected to boosting due to the growing demand for OLED microdisplays and increasing adoption of ADAS system and surge in demand for head-up displays
The global microdisplay market size was valued at USD 13.33 billion in 2019. It is projected to generate USD 4.10 billion by 2027, at a CAGR of 13.64 % from 2020 to 2027. The growth of the market is primarily attributed to the upsurge in the application of microdisplay in diagnostic equipment, including ECG machines, CT scanners, and medical imaging machines. Additionally, the deployment of microdisplays in multiple applications ranging from consumer electronics to military, defense, and aerospace is expected to foster global market growth. Further, the rise in demand for microdisplays in near-to-eye (NTE) applications coupled with swelling use of these devices in HMDs and HUDs for military, medical, and automotive applications will spur global microdisplay in the future periods. The increasing demand for lightweight and compact VR glasses made microdisplay will positively impact the microdisplay market.
 

Moreover, the increased use of microdisplay for medical applications for real-time augmented displays, and monitoring patient vitals propels the growth of the global microdisplay market. Further, the surge in demand for EVFs, HMDs, HUDs, projectors, scopes, thermal imaging glasses, and medical equipment in numerous industries such as consumer, military, defense, and aerospace, medical, and automotive are fueling the demand for microdisplay. The growing applications of microdisplay-based holographic displays will bolster the global microdisplay market in the coming years.
 

Type Overview in the Global Microdisplay Market
Based on the type, the global microdisplay market bifurcates into reflective and transmissive. The transmissive held for the highest revenue share in 2019 due to the growing demand for microdisplay in backlit laptop computer screens and rear-projection TVs.
 

Product Overview in the Global Microdisplay Market
Based on the product, the global microdisplay market classified into near-to-eye devices (HMD, head-up display (HUD), and EVF), projector, and others. The near-to-eye devices segment will be the fastest-growing segment in the forecast period. It is attributable to the near-to-eye devices with highly magnified virtual images for viewing through eyepieces and used in HMD and HUD, especially in the military and medical industries. Additionally, the swelling adoption of HMDs for medical, automotive, consumer and entertainment, and education applications contributes to market growth.
 

Technology Overview in the Global Microdisplay Market
Based on the technology, the global microdisplay market segregated into organic light-emitting diode (OLED), liquid crystal on silicon (LCoS), liquid crystal displays (LCD), and digital light processing DLP). The organic light-emitting diode (OLED) segment generated the most substantial revenue in 2019. It is due to the increasing adoption of OELD to display better visual performance to customers and demand for OLED for VR headset displays as their higher power efficiency, faster response times, enhanced resolutions, and lower costs.
 

End-User Industry Market Overview in the Global Microdisplay Market
Based on the end-user industry, the global microdisplay market segregated into consumer electronics, healthcare, military, defense and aerospace, automotive, retail, entertainment, industrial, and others. The military, defense, and aerospace segments estimated to dominate the microdisplay market by 2027, due to the growing demand for microdisplay for night-vision goggles and thermal weapon sights, which deliver an enhanced visual experience.
The consumer segment will grow with a significant CAGR during the forecast periods due to the upsurge in the adoption of VR gaming headsets and shifting consumer preferences toward miniaturization of electronic devices to make them handy and portable.
 

Regional Overview in the Global Microdisplay Market
By geography, the global microdisplay market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America held a maximum revenue share in 2019. Due to significant market players presence, the growing use of ICT technologies in the educational sector is transforming traditional classroom teaching and high military expenditure by the U.S. government and spending on microdisplay applications, such as thermal imaging and night vision HUDs.
 

Global Microdisplay Market: Competitive Landscape
Companies such as AU Optronics Corp, eMagin Corporation, Himax Technology Inc., KopIn Corporation Inc., LG Display Co. Ltd, Microvision Inc., Omnivision Technologies, Inc., Sony Corporation, Syndiant Inc., Seiko Epson Corporation, Yunnan OLiGHTEK Opto-Electronic Technology, HOLOEYE Photonics AG, WiseChip Semiconductor, Raystar Optronics, and Universal Display Corporation are the key players in the global microdisplay market.

Global Microdisplay Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. New Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porter’s Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis
5. Global Microdisplay Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.1.2. Consumption
5.1.2.1. By Volume (Number of Units)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Type
5.2.1.1. Reflective
5.2.1.2. Transmissive
5.2.2. By Product
5.2.2.1. Near-to-Eye devices
5.2.2.1.1. Head-mounted display (HMD)
5.2.2.1.2. Head-up display (HUD)
5.2.2.1.3. Electronic viewfinder (EVF)
5.2.2.2. Projector
5.2.2.3. Others
5.2.3. By Technology
5.2.3.1. Organic Light-Emitting Diode (OLED)
5.2.3.2. Liquid Crystal on Silicon (LCoS)
5.2.3.3. Liquid Crystal Displays (LCD)
5.2.3.4. Digital Light Processing (DLP)
5.2.4. By End-User Industry
5.2.4.1. Consumer Electronics
5.2.4.2. Healthcare
5.2.4.3. Military, Defense and Aerospace
5.2.4.4. Automotive
5.2.4.5. Retail
5.2.4.6. Entertainment
5.2.4.7. Industrial
5.2.4.8. Others
5.2.5. By Region
5.2.5.1. North America
5.2.5.2. Europe
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa
6. North America Microdisplay Market Overview
6.1. North America Microdisplay Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (Number of Unit)
6.2. North America Microdisplay Market Share & Forecast, 2016-2027
6.2.1. By Type
6.2.1.1. Reflective
6.2.1.2. Transmissive
6.2.2. By Product
6.2.2.1. Near-to-Eye devices
6.2.2.1.1. Head-mounted display (HMD)
6.2.2.1.2. Head-up display (HUD)
6.2.2.1.3. Electronic viewfinder (EVF)
6.2.2.2. Projector
6.2.2.3. Others
6.2.3. By Technology
6.2.3.1. Organic Light-Emitting Diode (OLED)
6.2.3.2. Liquid Crystal on Silicon (LCoS)
6.2.3.3. Liquid Crystal Displays (LCD)
6.2.3.4. Digital Light Processing (DLP)
6.2.4. By End-User Industry
6.2.4.1. Consumer Electronics
6.2.4.2. Healthcare
6.2.4.3. Military, Defense and Aerospace
6.2.4.4. Automotive
6.2.4.5. Retail
6.2.4.6. Entertainment
6.2.4.7. Industrial
6.2.4.8. Others
6.2.5. By Country
6.2.5.1. US
6.2.5.2. Canada
6.2.5.3. Mexico
6.2.6. Price-Point Analysis
6.2.7. Manufacturer & Distributor List (Top 5)
6.2.8. Company Market Share (Top 3-5)
6.2.9. Economic Impact Study on North America Microdisplay Market
7. Europe Microdisplay Market Overview
7.1. Europe Microdisplay Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (Number of Units)
7.2. Europe Microdisplay Market Share & Forecast, 2016-2027
7.2.1. By Type
7.2.1.1. Reflective
7.2.1.2. Transmissive
7.2.2. By Product
7.2.2.1. Near-to-Eye devices
7.2.2.1.1. Head-mounted display (HMD)
7.2.2.1.2. Head-up display (HUD)
7.2.2.1.3. Electronic viewfinder (EVF)
7.2.2.2. Projector
7.2.2.3. Others
7.2.3. By Technology
7.2.3.1. Organic Light-Emitting Diode (OLED)
7.2.3.2. Liquid Crystal on Silicon (LCoS)
7.2.3.3. Liquid Crystal Displays (LCD)
7.2.3.4. Digital Light Processing (DLP)
7.2.4. By End-User Industry
7.2.4.1. Consumer Electronics
7.2.4.2. Healthcare
7.2.4.3. Military, Defense and Aerospace
7.2.4.4. Automotive
7.2.4.5. Retail
7.2.4.6. Entertainment
7.2.4.7. Industrial
7.2.4.8. Others
7.2.5. By Country
7.2.5.1. Germany
7.2.5.2. UK
7.2.5.3. France
7.2.5.4. Italy
7.2.5.5. Rest of Europe
7.2.6. Price-Point Analysis
7.2.7. Manufacturer & Distributor List (Top 5)
7.2.8. Company Market Share (Top 3-5)
7.2.9. Economic Impact Study on Europe Microdisplay Market
8. Asia Pacific Microdisplay Market Overview
8.1. Asia Pacific Microdisplay Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (Number of Units)
8.2. Asia Pacific Microdisplay Market Share & Forecast, 2016-2027
8.2.1. By Type
8.2.1.1. Reflective
8.2.1.2. Transmissive
8.2.2. By Product
8.2.2.1. Near-to-Eye devices
8.2.2.1.1. Head-mounted display (HMD)
8.2.2.1.2. Head-up display (HUD)
8.2.2.1.3. Electronic viewfinder (EVF)
8.2.2.2. Projector
8.2.2.3. Others
8.2.3. By Technology
8.2.3.1. Organic Light-Emitting Diode (OLED)
8.2.3.2. Liquid Crystal on Silicon (LCoS)
8.2.3.3. Liquid Crystal Displays (LCD)
8.2.3.4. Digital Light Processing (DLP)
8.2.4. By End-User Industry
8.2.4.1. Consumer Electronics
8.2.4.2. Healthcare
8.2.4.3. Military, Defense and Aerospace
8.2.4.4. Automotive
8.2.4.5. Retail
8.2.4.6. Entertainment
8.2.4.7. Industrial
8.2.4.8. Others
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.2.5.5. Rest of Asia Pacific
8.2.6. Price-Point Analysis
8.2.7. Manufacturer & Distributor List (Top 5)
8.2.8. Company Market Share (Top 3-5)
8.2.9. Economic Impact Study on Asia Pacific Microdisplay Market
9. South America Microdisplay Market Overview
9.1. South America Microdisplay Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (Number of Units)
9.2. South America Microdisplay Market Share & Forecast, 2016-2027
9.2.1. By Type
9.2.1.1. Reflective
9.2.1.2. Transmissive
9.2.2. By Product
9.2.2.1. Near-to-Eye devices
9.2.2.1.1. Head-mounted display (HMD)
9.2.2.1.2. Head-up display (HUD)
9.2.2.1.3. Electronic viewfinder (EVF)
9.2.2.2. Projector
9.2.2.3. Others
9.2.3. By Technology
9.2.3.1. Organic Light-Emitting Diode (OLED)
9.2.3.2. Liquid Crystal on Silicon (LCoS)
9.2.3.3. Liquid Crystal Displays (LCD)
9.2.3.4. Digital Light Processing (DLP)
9.2.4. By End-User Industry
9.2.4.1. Consumer Electronics
9.2.4.2. Healthcare
9.2.4.3. Military, Defense and Aerospace
9.2.4.4. Automotive
9.2.4.5. Retail
9.2.4.6. Entertainment
9.2.4.7. Industrial
9.2.4.8. Others
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.2. Argentina
9.2.5.3. Rest of South America
9.2.6. Price-Point Analysis
9.2.7. Manufacturer & Distributor List (Top 5)
9.2.8. Company Market Share (Top 3-5)
9.2.9. Economic Impact Study on South America Microdisplay Market
10. Middle East & Africa Microdisplay Market Overview
10.1. Middle East & Africa Microdisplay Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (Number of Units)
10.2. Middle East & Africa Microdisplay Market Share & Forecast, 2016-2027
10.2.1. By Type
10.2.1.1. Reflective
10.2.1.2. Transmissive
10.2.2. By Product
10.2.2.1. Near-to-Eye devices
10.2.2.1.1. Head-mounted display (HMD)
10.2.2.1.2. Head-up display (HUD)
10.2.2.1.3. Electronic viewfinder (EVF)
10.2.2.2. Projector
10.2.2.3. Others
10.2.3. By Technology
10.2.3.1. Organic Light-Emitting Diode (OLED)
10.2.3.2. Liquid Crystal on Silicon (LCoS)
10.2.3.3. Liquid Crystal Displays (LCD)
10.2.3.4. Digital Light Processing (DLP)
10.2.4. By End-User Industry
10.2.4.1. Consumer Electronics
10.2.4.2. Healthcare
10.2.4.3. Military, Defense and Aerospace
10.2.4.4. Automotive
10.2.4.5. Retail
10.2.4.6. Entertainment
10.2.4.7. Industrial
10.2.4.8. Others
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.2. UAE
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
10.2.6. Price-Point Analysis
10.2.7. Manufacturer & Distributor List (Top 5)
10.2.8. Company Market Share (Top 3-5)
10.2.9. Economic Impact Study on Middle East & Africa Microdisplay Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. AU Optronics Corp
11.7.2. eMagin Corporation
11.7.3. Himax Technology Inc.
11.7.4. KopIn Corporation Inc.
11.7.5. LG Display Co. Ltd
11.7.6. Microvision Inc.
11.7.7. Omnivision Technologies, Inc.
11.7.8. Sony Corporation
11.7.9. Syndiant Inc.
11.7.10. Seiko Epson Corporation
11.7.11. Yunnan OLiGHTEK Opto-Electronic Technology
11.7.12. HOLOEYE Photonics AG
11.7.13. WiseChip Semiconductor
11.7.14. Raystar Optronics
11.7.15. Universal Display Corporation
11.7.16. Other Prominent Players


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