Microdisplay Market

Microdisplay Market by Product Type (NTE, Projection), Technology (OLED, LCoS, LCD, DLP), Application (Consumer, Industrial, Military, Defense, and Aerospace, Automotive, Commercial, Medical, Education), Resolution, and Region - Global Forecast to 2023

Report Code: SE 1647 Aug, 2017, by marketsandmarkets.com

[151 Pages Report] The microdisplay market was valued at USD 734.9 Million in 2016 and is expected to reach USD 1,706.3 Million by 2023, at a CAGR of 13.2% during the forecast period. The base year considered for the study is 2016, and the forecast period considered is 2017–2023. This report provides a detailed analysis of the microdisplay market based on product type, technology, resolution, application, and region. The report forecasts the market size, in terms of value, for various segments with regard to 4 main regions—North America, Europe, APAC, and RoW. It also provides the market size in terms of volume. It strategically profiles the key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leaders.

The research methodology used to estimate and forecast the microdisplay market begins with capturing the data on key vendor revenues through secondary research. Secondary sources referred for this research study include government sources, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations. Analysis has been done on various products that use microdisplays. The bottom-up procedure has been employed to arrive at the overall size of the microdisplay market from the revenues of key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with people holding key positions in the industry such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents has been depicted in the figure below.

Microdisplays Market

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The value chain of the microdisplay market comprises suppliers, manufacturers, OEMs, investors, and distributors. Players operating in the microdisplay market include eMagin Corporation (US), Himax Technologies, Inc. (Taiwan), Kopin Corporation (US), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), Seiko Epson Corporation (Japan), WiseChip Semiconductor Inc. (Taiwan), Syndiant (US), RAONTECH (South Korea), Microtips Technology, LLC (US), MICROOLED (France), Jasper Display Corp. (Taiwan), Japan Display Inc. (Japan), HOLOEYE Photonics AG (Germany), and Dresden Microdisplay GmbH (Germany).

Key Target Audience:

  • Raw material vendors
  • Component manufacturers and distributors
  • Display providers
  • Display distributors
  • OEMs of EVFs, HMDs, projectors, smartphones, and wearables, among others
  • End users (such as consumer; commercial; industrial and enterprise; medical; military, defense, and aerospace; and automotive)
  • Analysts and strategic business planners
  • Research organizations
  • Associations, organizations, and alliances related to microdisplays

“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”

Scope of the Report:

This research report categorizes the microdisplay market on the basis of product type, technology, resolution, application, and region.

Microdisplay Display Market, by Product Type:

  • NTE Display Devices
    • Electronic Viewfinder (EVF)
    • Heads-Up Display (HUD)
    • Head-Mounted Display (HMD)
      • AR Smart Glasses
      • VR Headsets
  • Projection Devices
    • Pico-Projectors
    • Data Projectors
  • Others
    • Smart bands
    • Binoculars
    • Riflescopes
    • Thermal Imaging Glasses
    • Medical Equipment
    • Handheld Displays
    • Scopes

Microdisplay Market, by Technology:

  • OLED
  • LCoS
  • LCD
  • DLP

Microdisplay Market, by Application:

  • Commercial
  • Consumer
  • Automotive
  • Industrial and Enterprise
  • Military, Defense, and Aerospace
  • Medical
  • Education
  • Others
    • Sports
    • Space

Microdisplay Market, by Resolution:

  • 1920ื1080 and >1920ื1080
  • 1024ื768 and 1280ื1024
  • 800ื600, 800ื480, and 854ื480
  • <640ื480 and 640ื380
  • <640ื480 and 640ื380

Microdisplay Market, by Region:

  • North America
  • Europe
  • APAC
  • RoW

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to 5)

The microdisplay market is expected to be valued at USD 1706.3 Million by 2023, growing at a CAGR of 13.2% between 2017 and 2023. The growth of this market can be attributed to the increasing application areas of microdisplays and the rising adoption of portable devices such as HMDs and HUDs.

The microdisplay market based on technology has been segmented into LCD, LCoS, DLP, and OLED. The LCD technology led the microdisplay market in 2016 since the microdisplays based on this technology have high brightness, low cost and are easy to manufacture and also help microdisplay device manufacturers reduce the device size in an early stage. The LCD technology is used in several microdisplay devices, including HMDs, HUDs, EVFs, thermal imaging glasses, and wearables.

Microdisplays Market

The microdisplay market, on the basis of application, has been segmented into consumer; industrial and enterprise; military, defense, and aerospace; automotive; commercial; medical; education; and others. The microdisplay market for industrial and enterprise application is expected to grow at a higher CAGR between 2017 and 2023, owing to the increasing adoption of AR glasses for on-the-job training to field workers, warehouse management, operations and assembly, maintenance and inspection, prototype designing, freight loading and transportation, and field repair services.

APAC is expected to grow at the highest CAGR for the microdisplay market during the forecast period. The large consumer market in China and the presence of a large number of OEMs are driving the microdisplays market in the region. Technological advancements, changing consumer behavior, and decreasing average selling prices (ASPs) of microdisplay devices also help to drive the microdisplays market in the region. Moreover, increasing use of microdisplay devices in industrial and enterprise; military, defense, and aerospace; and automotive applications further drive the microdisplays market in the region.

Low performance of microdisplay at high temperatures is restraining the growth of the microdisplays market. Major players in this market, such as Kopin Corporation (US), Himax Technologies, Inc. (Taiwan), and Seiko Epson Corporation (Japan) have adopted growth strategies to expand their customer base and enhance their product portfolio.

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Table of Contents

1 Introduction (Page No. - 15)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Market Covered
           1.3.2 By Region
           1.3.3 Years Considered for Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
                    2.1.2.4 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 Microdisplays Market, 2017–2023 (USD Million)
    4.2 Microdisplays Market, By Technology
    4.3 Microdisplays Market, By Region and Application
    4.4 Microdisplay: Geographical Snapshot (2016-2023)

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Adoption Portable Devices Such as HMDs and HUDs
                    5.2.1.2 Increasing Applications of Microdisplays
           5.2.2 Restraints
                    5.2.2.1 Low Performance of Microdisplays at High Temperatures
           5.2.3 Opportunities
                    5.2.3.1 Evolving Microdisplay Technologies
                    5.2.3.2 Increasing Demand for High-Resolution Microdisplays
           5.2.4 Challenges
                    5.2.4.1 High Manufacturing Cost

6 Microdisplay Market, By Product Type (Page No. - 42)
    6.1 Introduction
    6.2 NTE Display Devices
           6.2.1 EVF
           6.2.2 HMD
                    6.2.2.1 AR Smart Glasses
                    6.2.2.2 VR Headsets
           6.2.3 HUD
    6.3 Projection Devices
           6.3.1 Pico-Projectors
           6.3.2 Data Projectors
    6.4 Others

7 Microdisplay Market, By Technology (Page No. - 54)
    7.1 Introduction
    7.2 LCD
    7.3 LCOS
    7.4 DLP
    7.5 OLED

8 Microdisplay Market, By Resolution (Page No. - 60)
    8.1 Introduction
    8.2 1920ื1080 and >1920ื1080
    8.3 1024ื768 and 1280ื1024
    8.4 800ื600, 800ื480, and 854ื480
    8.5 640ื480 and 640ื360
    8.6 <640ื480 and 640ื380

9 Microdisplay Market, By Application (Page No. - 67)
    9.1 Introduction
    9.2 Consumer
    9.3 Industrial and Enterprise
    9.4 Military, Defense, and Aerospace
    9.5 Automotive
    9.6 Commercial
    9.7 Medical
    9.8 Education
    9.9 Others

10 Geographic Analysis (Page No. - 82)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 UK
             10.3.3 France
             10.3.4 Italy
             10.3.5 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 South Korea
             10.4.4 Australia and New Zealand
             10.4.5 Rest of APAC (RoAPAC)
     10.5 Rest of the World
             10.5.1 Latin America
             10.5.2 Middle East and Africa

11 Competitive Landscape (Page No. - 106)
     11.1 Introduction
     11.2 Ranking Analysis of Players in the Microdisplay Market
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Companies
     11.4 Strength of Product Portfolio (For All 25 Players)
     11.5 Business Strategy Excellence (For All 25 Players)
Top 25 Companies analyzed for this study are - AU Optronics Corp., CITIZEN FINEDEVICE CO.,LTD., Dresden Microdisplay GmbH, eMagin Corporation, Forth Dimension Displays Limited, Hana Microdisplay Technologies, Inc., Himax Technologies, Inc., HOLOEYE Photonics AG, IAE Opto-Electronics Co., Ltd, InfoVision Optoelectronics (Kunshan) Co., Ltd., Japan Display Inc., Jasper Display Corp., Kopin Corporation, Liteye Systems Inc, MICROOLED, Microtips Technology, LLC, RAONTECH, Seiko Epson Corporation, Sensors Unlimited, Sony Corporation, Syndiant, Texas Instruments Inc., US Micro Products, WiseChip Semiconductor Inc., Yunnan OLiGHTEK Opto-Electronic Technology Co.,Ltd.
     11.6 Competitive Situation and Trends
             11.6.1 New Product Launches
             11.6.2 Agreements, Partnerships, Contracts, and Collaborations
             11.6.3 Expansions

12 Company Profiles (Page No. - 115)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
     12.1 Introduction
     12.2 eMagin Corporation
     12.3 Himax Technologies, Inc.
     12.4 Japan Display Inc.
     12.5 Kopin Corporation
     12.6 Seiko Epson Corporation
     12.7 Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd.
     12.8 HOLOEYE Photonics AG
     12.9 MICROOLED
     12.10 Microtips Technology, LLC
     12.11 Syndiant.
     12.12 Wisechip Semiconductor Inc.
     12.13 Start Up Ecosystem
             12.13.1 Dresden Microdisplay GmbH
             12.13.2 Jasper Display Corp.
             12.13.3 Raontech
             12.13.4 IAE Opto-Electronics Co., Ltd.

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 144)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customization
     13.6 Related Reports
     13.7 Author Details


List of Tables (64 Tables)

Table 1 Microdisplays Market Size, in Terms of Value (USD Million) and Volume (Million Units), 2014–2023
Table 2 Microdisplays Market, By Product Type, 2014–2023 (USD Million)
Table 3 Microdisplays Market for NTE Display Devices, By Type, 2014–2023 (USD Million)
Table 4 Microdisplays Market for NTE Display Devices, By Technology, 2014–2023 (USD Million)
Table 5 Microdisplays Market for NTE Display Devices, By Application, 2014–2023 (USD Million)
Table 6 Microdisplays Market for NTE Display Devices, By Resolution, 2014–2023 (USD Million)
Table 7 Microdisplays Market for Projection Devices, By Technology, 2014–2023 (USD Million)
Table 8 Microdisplays Market for Projection Devices, By Application, 2014–2023 (USD Million)
Table 9 Microdisplays Market for Projection Devices, By Resolution, 2014–2023 (USD Million)
Table 10 Microdisplays Market for Others, By Type, 2014–2023 (USD Million)
Table 11 Microdisplays Market for Others, By Technology, 2014–2023 (USD Million)
Table 12 Microdisplays Market for Others, By Application, 2014–2023 (USD Million)
Table 13 Microdisplays Market for Others, By Resolution, 2014–2023 (USD Million)
Table 14 Microdisplays Market, By Technology, 2014–2023 (USD Million)
Table 15 Microdisplays Market for LCD Technology, By Product Type, 2014–2023 (USD Million)
Table 16 Microdisplays Market for LCOS Technology, By Product Type, 2014–2023 (USD Million)
Table 17 Microdisplays Market for DLP Technology, By Product Type, 2014–2023 (USD Million)
Table 18 Microdisplays Market for OLED Technology, By Product Type, 2014–2023 (USD Million)
Table 19 Microdisplays Market, By Resolution, 2014–2023 (USD Million)
Table 20 Microdisplays Market for 1920ื1080 and >1920ื1080 Resolution, By Product Type, 2014–2023 (USD Million)
Table 21 Microdisplays Market for 1024ื768 and 1280ื1024 Resolution, By Product Type, 2014–2023 (USD Million)
Table 22 Microdisplays Market for 800ื600, 800ื480, and 854ื480 Resolution, By Product Type, 2014–2023 (USD Million)
Table 23 Microdisplays Market for 640ื480 and 640ื360 Resolution, By Product Type, 2014–2023 (USD Million)
Table 24 Microdisplays Market for <640ื480 and 640ื380 Resolution, By Product Type, 2014–2023 (USD Million)
Table 25 Microdisplays Market, By Application, 2014–2023 (USD Million)
Table 26 Microdisplays Market for Consumer Application, By Product Type, 2014–2023 (USD Million)
Table 27 Microdisplays Market for Consumer Application, By Region, 2014–2023 (USD Million)
Table 28 Microdisplay Market for Industrial and Enterprise Application, By Product Type, 2014–2023 (USD Million)
Table 29 Microdisplays Market for Industrial and Enterprise Application, By Region, 2014–2023 (USD Million)
Table 30 Microdisplays Market for Military, Defense, and Aerospace Application, By Product Type, 2014–2023 (USD Million)
Table 31 Microdisplays Market for Military, Defense, and Aerospace Application, By Region, 2014–2023 (USD Million)
Table 32 Microdisplays Market for Automotive Application, By Region, 2014–2023 (USD Million)
Table 33 Microdisplays Market for Commercial Application, By Product Type, 2014–2023 (USD Million)
Table 34 Microdisplays Market for Commercial Application, By Region, 2014–2023 (USD Million)
Table 35 Microdisplays Market for Medical Application, By Product Type, 2014–2023 (USD Million)
Table 36 Microdisplays Market for Medical Application, By Region, 2014–2023 (USD Million)
Table 37 Microdisplays Market for Education Application, By Product Type, 2014–2023 (USD Million)
Table 38 Microdisplays Market for Education Application, By Region, 2014–2023 (USD Million)
Table 39 Microdisplays Market for Other Applications, By Product Type, 2014–2023 (USD Million)
Table 40 Microdisplays Market for Other Applications, By Region, 2014–2023 (USD Million)
Table 41 Microdisplays Market, By Region, 2014–2023 (USD Million)
Table 42 Microdisplays Market in North America, By Application, 2014–2023 (USD Million)
Table 43 Microdisplays Market in North America, By Country, 2014–2023 (USD Million)
Table 44 Microdisplays Market in US, By Application, 2014–2023 (USD Million)
Table 45 Microdisplays Market in Canada, By Application, 2014–2023 (USD Million)
Table 46 Microdisplays Market in Mexico, By Application, 2014–2023 (USD Million)
Table 47 Microdisplays Market in Europe, By Application, 2014–2023 (USD Million)
Table 48 Microdisplays Market in Europe, By Country, 2014–2023 (USD Million)
Table 49 Microdisplays Market in Germany, By Application, 2014–2023 (USD Million)
Table 50 Microdisplays Market in UK, By Application, 2014–2023 (USD Million)
Table 51 Microdisplays Market in France, By Application, 2014–2023 (USD Million)
Table 52 Microdisplays Market in Italy, By Application, 2014–2023 (USD Million)
Table 53 Microdisplays Market in APAC, By Application, 2014–2023 (USD Million)
Table 54 Microdisplays Market in APAC, By Country, 2014–2023 (USD Million)
Table 55 Microdisplays Market in China, By Application, 2014–2023 (USD Million)
Table 56 Microdisplays Market in Japan, By Application, 2014–2023 (USD Million)
Table 57 Microdisplays Market in South Korea, By Application, 2014–2023 (USD Million)
Table 58 Microdisplays Market in Australia and New Zealand, By Application, 2014–2023 (USD Million)
Table 59 Microdisplays Market in RoW, By Application, 2014–2023 (USD Million)
Table 60 Microdisplays Market in RoW, By Region, 2014–2023 (USD Million)
Table 61 Ranking of Key Players in the Microdisplay Market (2016)
Table 62 New Product Launches, 2014–2017
Table 63 Agreements, Partnerships, Contracts, and Collaborations (2014–2017)
Table 64 Expansions (2015-2017)


List of Figures (56 Figures)

Figure 1 Microdisplay Market Segmentation
Figure 2 Microdisplay Market: Process Flow of Market Size Estimation
Figure 3 Microdisplay Market: Research Design
Figure 4 Bottom-Up Approach to Arrive at Market Size
Figure 5 Top-Down Approach to Arrive at Market Size
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 NTE Display Devices Expected to Dominate Microdisplay Market During Forecast Period
Figure 9 OLED Technology Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Microdisplay Market, By Application (2017–2023)
Figure 11 Microdisplay Market, By Region, 2016
Figure 12 Growth Opportunities for the Microdisplay Market Between 2017 and 2023
Figure 13 OLED Technology Expected to Witness the Highest CAGR for the Microdisplay Market During the Forecast Period
Figure 14 Consumer Application Held the Major Share of the Microdisplay Market in 2016
Figure 15 US Held the Largest Share of the Microdisplay Market in 2016
Figure 16 Microdisplay Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 NTE Display Devices Expected to Dominate Microdisplay Market During Forecast Period
Figure 18 Microdisplay Market for HMD Expected to Grow at Highest CAGR During Forecast Period
Figure 19 Microdisplay Market for Industrial and Enterprise Application Expected to Grow at Highest CAGR During Forecast Period
Figure 20 Industrial and Enterprise Application Expected to Dominate Microdisplay Market for Projection Devices During Forecast Period
Figure 21 Smart Band to Account for the Larger Share in 2017
Figure 22 Consumer Application Expected to Dominate Microdisplays Market for Others During Forecast Period
Figure 23 LCD Technology Expected to Hold Largest Size of Microdisplays Market in 2023
Figure 24 NTE Display Devices Expected to Dominate Microdisplays Market for LCD Technology During Forecast Period
Figure 25 NTE Display Devices Expected to Lead Microdisplay Market for OLED Technology During Forecast Period
Figure 26 1920ื1080 and >1920ื1080 Resolution Expected to Dominate Microdisplay Market During Forecast Period
Figure 27 NTE Display Devices Expected to Lead Microdisplay Market for 1920ื1080 and >1920ื1080 Resolution During Forecast Period
Figure 28 1024ื768 and 1280ื1024 Resolution Microdisplay Market for NTE Display Devices to Grow at Highest CAGR During Forecast Period
Figure 29 NTE Display Devices Expected to Dominate Microdisplay Market for 800ื600, 800ื480, and 854ื480 Resolution During Forecast Period
Figure 30 Industrial and Enterprise Application to Lead the Microdisplays Market By 2023
Figure 31 NTE Display Devices for Consumer Application Expected to Dominate the Market During the Forecast Period
Figure 32 NTE Display Devices for Industrial and Enterprise Application Expected to Grow at Highest Rate During the Forecast Period
Figure 33 NTE Display Devices to Dominate the Microdisplays Market for the Military, Defense, and Aerospace Application During the Forecast Period
Figure 34 APAC to Witness the Highest CAGR for the Automotive Application During the Forecast Period
Figure 35 APAC to Lead the Microdisplays Market for the Commercial Application, By 2023
Figure 36 NTE Display Devices to Lead the Microdisplays Market for the Medical Application By 2023
Figure 37 Projection Devices to Lead the Microdisplay Market for the Education Application During the Forecast Period
Figure 38 North America to Lead the Microdisplays Market for Other Applications During the Forecast Period
Figure 39 US, Germany, China, Japan Expected to Be the Fastest-Growing Countries in the Microdisplays Market
Figure 40 North America Expected to Dominate the Microdisplays Market During the Forecast Period
Figure 41 North America: Microdisplays Market Snapshot (2016–2023)
Figure 42 US Expected to Lead the Microdisplay Market in North America During the Forecast Period
Figure 43 Industrial and Enterprise Application to Lead the Microdisplays Market in the US During the Forecast Period
Figure 44 Germany Expected to Dominate the Microdisplays Market in Europe During the Forecast Period
Figure 45 Industrial and Enterprise Application to Lead the Microdisplays Market in Germany During the Forecast Period
Figure 46 APAC: Microdisplay Market Snapshot (2016–2023)
Figure 47 China Expected to Hold the Largest Size of the Microdisplays Market in APAC During the Forecast Period
Figure 48 Industrial and Enterprise Application to Lead the Microdisplays Market in China During the Forecast Period
Figure 49 Key Developments in the Microdisplays Market (2014–2017)
Figure 50 Microdisplays Market (Global), Competitive Leadership Mapping, 2017
Figure 51 Agreements, Contracts, Partnerships, and Collaborations Were the Key Strategies Adopted By Major Players Between 2014 and 2017
Figure 52 eMagin Corporation: Company Snapshot
Figure 53 Himax Technologies, Inc.: Company Snapshot
Figure 54 Japan Display Inc.: Company Snapshot
Figure 55 Kopin Corporation: Company Snapshot
Figure 56 Seiko Epson Corporation: Company Snapshot


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