The Micro Display market is expected to grow from USD 723 million in 2020 to USD 9082.90 million by 2028, at a CAGR of 37.21% during the forecast period 2021-2028.
Micro display is defined as a display that has a very small screen size which is usually less than 2 inches diagonal. They are miniaturized display units with screen sizes & resolutions in micro levels. The most common applications of micro displays include projection television sets, head mounted displays and digital cameras. Many companies have started investing increasingly in Research and Development (R&D) activities related to OLED.
The factors driving the market are growing demand for micro displays that are used in wearable devices such as smart watches, fitness trackers etc., compact size, increased adoption of HMD in several industries, increasing demand for medical displays. The increasing global attention of Advanced Driver Assistance Systems (ADAS) and HUD contributes to the growth of market.The factors restraining the market growth arethe outbreak of Covid 19, maturity stage of market. The existence of technical and usability issues prevents the demand for micro displays which results in the decline of market growth. Increase in the adoption of micro displays in aerospace & defence is expected to provide market growth opportunities.
This study delivers a comprehensive analysis of product, technology, industry, and region. The product segment includes HMD, EVF, HUD and Projector. The HMD segment held the largest market share in 2020, owing to therising demand for HUD’s in various sectors. The technology segment includes Organic Light Emitting Diode (OLED), Liquid Crystal on Silicon (LCoS), Liquid Crystal Display (LCD)and Digital Light Processing (DLP). The Liquid Crystal Display (LCD) segment held the largest market share in 2020, owing tohigh resolution, higher brightness and increasing adoption of LCD in HUD’s, HMD’s and Electronic Video Finders (EVF). The industry segment includesConsumer, Military& Defence, Industrial/Enterprise, Automotive, Aerospace, Entertainment, Medical, Retail, Sports & Entertainment. The military & defence segment held the largest market share in 2020, owing to the rapidly increasing demand for low power LED micro displays for different applications so as to monitor & faster the performance.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia- Pacific holds the largest market share, owing to the rapid industrialization, surge of consumer & automotive electronics, growing demand for micro displays in wearable devices such as fitness trackers mainly adopters by youth. North America holds the fastest growth rate owing to the technological advancements and prevalence of dominant market players of camera’s and projectors.
Some of the notable players in the market are Kopin Corporation, Inc. (US), AU Optronics Corporation, Himax Technologies, Inc. (Taiwan), Microvision Inc., eMargin Corporation (US), Display Tech, Texas Instruments Incorporated, Syndiant Inc., Micro OLED SA, SONY Corporation (Japan), Universal Display Corporation, Micron Technology Inc., LG Display Co. Ltd., HOLOEYE Photonics AG (Germany), Jasper Display Corp, Yunnan Olightek Opto-Electronic Technology Co. Ltd. (China), Seiko Epson Corporation (Japan), WiseChip Semiconductor Inc. (Taiwan), Microtips Technology Inc., Microoled SA, Winstar Display Co. Ltd. (Taiwan), Fraunhofer FEP, Sunlike Display Technology Corp, Semiconductor Solutions, Raystar Optronics Inc. (Taiwan).
Micro Display Market Analysis and Forecast, Product
Micro Display Market Analysis and Forecast, Technology
Micro Display Market Analysis and Forecast, Industry
Micro Display Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Technology
4.3.3. Market Attractiveness Analysis By Industry
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Technological advancements in micro displays
5.2.2. High resolution and low power consumption
5.2.3. Low entry barriers
5.3. Restraints
5.3.1. Protection of Organic Light Emitting Diode (OLED) layers against water vapour & oxygen
5.3.2. Saturation of markets for projectors and digital cameras
5.3.3. High manufacturing costs
5.4. Opportunities
5.4.1. Development of next generation micro LED technology
5.4.2. Increased demand for micro displays as a result of Covid outbreak
6. Global Micro Display Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. HMD
6.3. EVF
6.4. HUD
6.5. Projector
7. Global Micro Display Market Analysis and Forecast, By Technology
7.1. Segment Overview
7.2. Organic Light Emitting Diode (OLED)
7.3. Liquid Crystal on Silicon (LCoS)
7.4. Liquid Crystal Display (LCD)
7.5. Digital Light Processing (DLP)
8. Global Micro Display Market Analysis and Forecast, By Industry
8.1. Segment Overview
8.2. Consumer
8.3. Military & Defence
8.4. Industrial/Enterprise
8.5. Automotive
8.6. Aerospace
8.7. Entertainment
8.8. Medical
8.9. Retail
8.10. Sports & Entertainment
9. Global Micro Display Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Micro Display Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Micro Display Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Technology Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Kopin Corporation, Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Technology Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. AU Optronics Corporation
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Technology Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Himax Technologies, Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Technology Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Microvision Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Technology Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. eMargin Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Technology Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Display Tech
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Technology Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Texas Instruments Incorporated
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Technology Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Syndiant Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Technology Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Micro OLED SA
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Technology Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. SONY Corporation
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Technology Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Universal Display Corporation
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Technology Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Micron Technology Inc.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Technology Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. LG Display Co. Ltd.
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Technology Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. HOLOEYE Photonics AG
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Technology Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Jasper Display Corp
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Technology Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Yunnan Olightek Opto-Electronic Technology Co. Ltd.
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Technology Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Seiko Epson Corporation
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Technology Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. WiseChip Semiconductor Inc.
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Technology Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Microtips Technology Inc.
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Technology Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. Microoled SA
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Technology Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
11.21. Winstar Display Co. Ltd
11.21.1. Business Overview
11.21.2. Company Snapshot
11.21.3. Company Market Share Analysis
11.21.4. Company Technology Portfolio
11.21.5. Recent Developments
11.21.6. SWOT Analysis
11.22. Fraunhofer FEP
11.22.1. Business Overview
11.22.2. Company Snapshot
11.22.3. Company Market Share Analysis
11.22.4. Company Technology Portfolio
11.22.5. Recent Developments
11.22.6. SWOT Analysis
11.23. Sunlike Display Technology Corp
11.23.1. Business Overview
11.23.2. Company Snapshot
11.23.3. Company Market Share Analysis
11.23.4. Company Technology Portfolio
11.23.5. Recent Developments
11.23.6. SWOT Analysis
11.24. Semiconductor Solutions
11.24.1. Business Overview
11.24.2. Company Snapshot
11.24.3. Company Market Share Analysis
11.24.4. Company Technology Portfolio
11.24.5. Recent Developments
11.24.6. SWOT Analysis
11.25. Raystar Optronics Inc.
11.25.1. Business Overview
11.25.2. Company Snapshot
11.25.3. Company Market Share Analysis
11.25.4. Company Technology Portfolio
11.25.5. Recent Developments
11.25.6. SWOT Analysis
List of Table
1. Global Micro Display Market, By Product, 2018-2028 (USD Million)
2. Global HMD, Micro Display Market, By Region, 2018-2028 (USD Million)
3. Global EVF, Micro Display Market, By Region, 2018-2028 (USD Million)
4. Global HUD, Micro Display Market, By Region, 2018-2028 (USD Million)
5. Global Projector, Micro Display Market, By Region, 2018-2028 (USD Million)
6. Global Micro Display Market, By Technology, 2018-2028 (USD Million)
7. Global Organic Light Emitting Diode (OLED), Micro Display Market, By Region, 2018-2028 (USD Million)
8. Global Liquid Crystal on Silicon (LCos), Micro Display Market, By Region, 2018-2028 (USD Million)
9. Global Liquid Crystal Display (LCD), Micro Display Market, By Region, 2018-2028 (USD Million)
10. Global Micro Display Market, By Industry, 2018-2028 (USD Million)
11. Global Consumer, Micro Display Market, By Region, 2018-2028 (USD Million)
12. Global Military & Defence, Micro Display Market, By Region, 2018-2028 (USD Million)
13. Global Industrial/Enterprise, Micro Display Market, By Region, 2018-2028 (USD Million)
14. Global Automotive, Micro Display Market, By Region, 2018-2028 (USD Million)
15. Global Aerospace, Micro Display Market, By Region, 2018-2028 (USD Million)
16. Global Entertainment, Micro Display Market, By Region, 2018-2028 (USD Million)
17. Global Medical, Micro Display Market, By Region, 2018-2028 (USD Million)
18. Global Retail, Micro Display Market, By Region, 2018-2028 (USD Million)
19. Global Sports & Entertainment, Micro Display Market, By Region, 2018-2028 (USD Million)
20. North America Micro Display Market, By Product, 2018-2028 (USD Million)
21. North America Micro Display Market, By Technology, 2018-2028 (USD Million)
22. North America Micro Display Market, By Industry, 2018-2028 (USD Million)
23. U.S. Micro Display Market, By Product, 2018-2028 (USD Million)
24. U.S. Micro Display Market, By Technology, 2018-2028 (USD Million)
25. U.S. Micro Display Market, By Industry, 2018-2028 (USD Million)
26. Canada Micro Display Market, By Product, 2018-2028 (USD Million)
27. Canada Micro Display Market, By Technology, 2018-2028 (USD Million)
28. Canada Micro Display Market, By Industry, 2018-2028 (USD Million)
29. Mexico Micro Display Market, By Product, 2018-2028 (USD Million)
30. Mexico Micro Display Market, By Technology, 2018-2028 (USD Million)
31. Mexico Micro Display Market, By Industry, 2018-2028 (USD Million)
32. Europe Micro Display Market, By Product, 2018-2028 (USD Million)
33. Europe Micro Display Market, By Technology, 2018-2028 (USD Million)
34. Europe Micro Display Market, By Industry, 2018-2028 (USD Million)
35. Germany Micro Display Market, By Product, 2018-2028 (USD Million)
36. Germany Micro Display Market, By Technology, 2018-2028 (USD Million)
37. Germany Micro Display Market, By Industry, 2018-2028 (USD Million)
38. France Micro Display Market, By Product, 2018-2028 (USD Million)
39. France Micro Display Market, By Technology, 2018-2028 (USD Million)
40. France Micro Display Market, By Industry, 2018-2028 (USD Million)
41. U.K. Micro Display Market, By Product, 2018-2028 (USD Million)
42. U.K. Micro Display Market, By Technology, 2018-2028 (USD Million)
43. U.K. Micro Display Market, By Industry, 2018-2028 (USD Million)
44. Italy Micro Display Market, By Product, 2018-2028 (USD Million)
45. Italy Micro Display Market, By Technology, 2018-2028 (USD Million)
46. Italy Micro Display Market, By Industry, 2018-2028 (USD Million)
47. Spain Micro Display Market, By Product, 2018-2028 (USD Million)
48. Spain Micro Display Market, By Technology, 2018-2028 (USD Million)
49. Spain Micro Display Market, By Industry, 2018-2028 (USD Million)
50. Asia Pacific Micro Display Market, By Product, 2018-2028 (USD Million)
51. Asia Pacific Micro Display Market, By Technology, 2018-2028 (USD Million)
52. Asia Pacific Micro Display Market, By Industry, 2018-2028 (USD Million)
53. Japan Micro Display Market, By Product, 2018-2028 (USD Million)
54. Japan Micro Display Market, By Technology, 2018-2028 (USD Million)
55. Japan Micro Display Market, By Industry, 2018-2028 (USD Million)
56. China Micro Display Market, By Product, 2018-2028 (USD Million)
57. China Micro Display Market, By Technology, 2018-2028 (USD Million)
58. China Micro Display Market, By Industry, 2018-2028 (USD Million)
59. India Micro Display Market, By Product, 2018-2028 (USD Million)
60. India Micro Display Market, By Technology, 2018-2028 (USD Million)
61. India Micro Display Market, By Industry, 2018-2028 (USD Million)
62. South America Micro Display Market, By Product, 2018-2028 (USD Million)
63. South America Micro Display Market, By Technology, 2018-2028 (USD Million)
64. South America Micro Display Market, By Industry, 2018-2028 (USD Million)
65. Brazil Micro Display Market, By Product, 2018-2028 (USD Million)
66. Brazil Micro Display Market, By Technology, 2018-2028 (USD Million)
67. Brazil Micro Display Market, By Industry, 2018-2028 (USD Million)
68. Middle East and Africa Micro Display Market, By Product, 2018-2028 (USD Million)
69. Middle East and Africa Micro Display Market, By Technology, 2018-2028 (USD Million)
70. Middle East and Africa Micro Display Market, By Industry, 2018-2028 (USD Million)
71. UAE Micro Display Market, By Product, 2018-2028 (USD Million)
72. UAE Micro Display Market, By Technology, 2018-2028 (USD Million)
73. UAE Micro Display Market, By Industry, 2018-2028 (USD Million)
74. South Africa Micro Display Market, By Product, 2018-2028 (USD Million)
75. South Africa Micro Display Market, By Technology, 2018-2028 (USD Million)
76. South Africa Micro Display Market, By Industry, 2018-2028 (USD Million)
List of Figures
1. Global Micro Display Market Segmentation
2. Global Micro Display Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Micro Display Market Attractiveness Analysis By Product
9. Global Micro Display Market Attractiveness Analysis By Technology
10. Global Micro Display Market Attractiveness Analysis By Industry
11. Global Micro Display Market Attractiveness Analysis By Region
12. Global Micro Display Market: Dynamics
13. Global Micro Display Market Share by Product(2021 & 2028)
14. Global Micro Display Market Share by Technology (2021 & 2028)
15. Global Micro Display Market Share by Industry(2021 & 2028)
16. Global Micro Display Market Share by Regions (2021& 2028)
17. Global Micro Display Market Share by Company (2020)
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