Dublin, Jan. 28, 2019 (GLOBE NEWSWIRE) — The “Microdisplay Market by Product (HMD, HUD, EVF, Projector), Technology (OLED, LCoS, LCD, DLP), Industry (Consumer, Industrial/Enterprise, Aerospace, Automotive, Retail, Entertainment, Medical), Resolution, Brightness, Region – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The microdisplay market was valued at USD 847.5 million in 2017 and is expected to reach USD 3,583.1 million by 2024, at a CAGR of 24.3% from 2018 to 2024.
Factors such as compact size and technological advancements of microdisplays; increased adoption of HMDs in several industries; escalated demand for OLED microdisplays; and adoption of ADAS and surge in demand for head-up displays are driving the market toward high growth.Major camera manufacturers such as Canon, Nikon, Sony, and Samsung are also based in APAC and capture a share of over 90% of the global camera market. APAC is also home to major HUD vendors such as Nippon Seiki, Denso, Yazaki, Alps, Pioneer, and JVC. These vendors account for a share of more than 60% of worldwide HUD market.
The APAC region has witnessed rapid growth in the microdisplay market in the past owing to the presence of a significant number of manufacturers of products in which microdisplays are used.Key Topics Covered:
1 IntroductionKey Players
SonySeiko EpsonEmagin CorporationKopin CorporationOlightek Opto-Electronic TechnologyHimax TechnologiesHoloeye PhotonicsWisechip SemiconductorRaystar OptronicsWinstar DisplayKey Innovators
Fraunhofer FepIndustrial Technology Research Institute (ITRI) TaiwanCea-LetiJBD Inc.VuerealJasper Display Corp.Texas InstrumentsOther Key Players
SyndiantMicrooledRaontechLiteye SystemsSilicon Micro Display (SMD)Citizen FinedeviceOmnivision TechnologiesMicrovisionSPI Corp.CinopticsAnpo Intelligence Technology (ENMESI)
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Global Microdisplay Market Report 2019-2024 Featuring Key Innovators – Fraunhofer Fep, Industrial Technology Research Institute, Cea-Leti, JBD, Vuereal, Jasper Display, & Texas Instruments – GlobeNewswire
