Bismarck News Updates

Microdisplay Market To Grow At A Significant CAGR of 19.1% By 2025 – Technology Outlook, Competitive Landscape, Development Strategies And Sales Channel Analysis By Million Insights

 Breaking News
  • No posts were found

Microdisplay Market To Grow At A Significant CAGR of 19.1% By 2025 – Technology Outlook, Competitive Landscape, Development Strategies And Sales Channel Analysis By Million Insights

May 24
08:02 2021
Microdisplay Market To Grow At A Significant CAGR of 19.1% By 2025 - Technology Outlook, Competitive Landscape, Development Strategies And Sales Channel Analysis By Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global microdisplays industry research report offers thorough insights on application, end-user, key vendors and global scope. This enables numerous opportunities for the market players to invest in research and development.

The global microdisplays market size is estimated to touch USD 3.42 billion by the end of 2025 and is projected to register a CAGR of 19.1% over the forecast period 2018 to 2025, according to a new report by Million Insights. Microdisplays are compact in size and offer high pixels and resolution. These displays are mostly used in the head-up display (HUDs), head-mounted displays (HMDs), digital cameras and projection TVs. The growing adoption of products in consumer electronics is anticipated to foster market growth.

Microdisplays use CMOS (complementary metal-oxide semiconductors) chips technology which comprises of 2D array transistors. Microdisplays are widely used in projection TVs to enhance image & voice quality. Various benefits like high resolution, lower power consumption are boosting the demand for displays across medical and consumer electronics. LCD based display market led the market in 2017.

To download the sample PDF of Microdisplays Market Report “please” click here: https://www.millioninsights.com/industry-reports/microdisplay-market/request-sample 

 

Several factors like a fast response, high power efficiency and more colorfulness are increasing the demand for microdisplays. OLED based displays are innovative and are expected to replace LCD displays in various applications.

Key players in the market engage in R&D activities to develop new display technologies such as LCoS (Liquid crystal on Silicon), holographic displays and OLED display. For example, Sony Corporation has launched UXGA resolution OLEDs with a 6.3 mm pixel size in 2018. 

For monochromatic night vision applications in the medical and military, the microdisplays are used. These systems provide greater visual experience with low power consumption. Thus, the market is expected to grow at a significant rate from 2018 to 2025. 

Key players in the microdisplays market focus on strategic partnerships to develop new products and enhance their reach across the globe. However, the high manufacturing cost of displays may restrain market growth.   

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/microdisplay-market

 

Further key findings from the report suggest:

• In 2017, North America led the market with the largest share in the overall market. Increasing demands for viewfinders like digital cameras especially in the military sector is contributing to market growth.

• Asia Pacific is projected to expand at the highest CAGR over the forecast period, 2018 to 2025. The rising adoption of electronic devices including smartphones is mainly boosting the market growth.

• Rising trend of VR gaming is boosting the need for headsets and smart glasses, therefore, projected to positively impact the demand for microdisplays.

• Key players in the industry such as Kopin Corporation, eMagin Corporation, and Sony Corporation emphasize on developing new products.

Million Insights has segmented the global microdisplays market based on technology, projection, application and region:

Microdisplays Technology Outlook (Revenue, USD Million, 2015 – 2025)
    • OLED
    • LCD
    • DLP
    • LCoS

Microdisplays Projection Outlook (Revenue, USD Million, 2015 – 2025)
    • Near-to-Eye
    • Projection
    • Others

Microdisplays Application Outlook (Revenue, USD Million, 2015 – 2025)
    • Consumer Electronics
    • Military & Defense
    • Medical
    • Industrial
    • Automotive
    • Others

Microdisplays Regional Outlook (Revenue, USD Million, 2015 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
        • Spain
        • Italy
    • Asia Pacific
        • India
        • China
        • Japan
        • South Korea
     • RoW
        • Brazil
        • MEA

Browse latest market research reports available with Million Insights:

• Pea Protein Market: With reference to the report published, the global pea protein market was prized by USD 213.1 million in 2020. It is estimated to witness 12.7% CAGR from 2021 to 2028.

• Inkjet Coders Market: The global inkjet coders market size was valued USD 1.5 billion in 2018 and expected to register 5.1% growth rate during the forecasted period, from 2019 to 2025.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/microdisplay-market

Categories