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Global Micro display Market with a CAGR of 13.8% analyzed by Business Growth, Development Factors 2026 |Top Key Players: Microtips Technology, WiseChip Semiconductor Inc.

Global Micro display Market

The Global Micro Display Market is projected to grow at a CAGR of 13.8% during the forecast period of 2019 to 2026.

Market Definition:

A microdisplay is the display with a small screen. The screen usually is lesser than 2 inched diagonally. Owing to its miniaturized size it has applications, where a screen takes up a small size such as digital cameras, digital cameras and others. It has wide variety of usage in military, defense, and aerospace, consumer, education, commercial, industrial and enterprise, automotive, medical and others. In addition, microdisplays are widely used in the automotive sector for providing additional information to the driver with respect to night vision.

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Major Key players profiled in this report are:

eMagin, Inc., UNIVERSAL DISPLAY, AU Optronics Corp., Kopin Corporation, Himax Technologies, Inc., MicroVision, Inc., Syndiant, LG Display Co., Ltd., Seiko Epson Corporation, Japan Display Inc., MICROOLED, Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd., Microtips Technology, WiseChip Semiconductor Inc. among others.

Major Market Drivers:  

  • Increased usage of portable devices
  • Increased acceptance of microdisplay
  • Growing demand for smart glasses

Market Segmentation:

  • The micro display market is based on technology, resolution, type, application and geography.
  • Based on product type the market is segmented into NTE display devices, Projection Devices and others. The NTE display devices segment is sub segmented into EVF and HMD. The HMD segment is sub segmented into AR smart glasses and VR headsets. The Projection Devices segment is sub segmented into pico-projectors and data projectors.
  • On the basis of technology the market is segmented into digital light processing (DLP), liquid crystal on silicon (LCOS), liquid crystal display (LCD), organic light-emitting diode (OLED).
  • On the basis of application the market is segmented into military, defense, and aerospace, consumer, education, commercial, industrial and enterprise, automotive, medical and others.
  • Based on geography the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Market Overview:

This report reveals insight into the exceedingly Market and its differentiating nature. The report gives a point by point examination of the market division, size, and offer; advertise elements, for example, the development drivers, limitations, difficulties, and openings; specialist co-ops, financial specialists, partners, and key market players. Moreover, the report features the danger factors that the market will probably experience over the gauge time frame.

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