Microdisplay Market

Microdisplay Companies - Sony Group Corporation (Japan) and Seiko Epson Corporation (Japan) are the Key Players

The microdisplay market is projected to grow from USD 1.1 billion in 2023 to USD 3.2 billion by 2028; it is expected to grow at a CAGR of 23.7% from 2023 to 2028. Factors such as compact size and technological advancements in microdisplays; increased adoption of HMDs in several industries; escalated demand for OLED microdisplays; and increased global adoption of advanced driver-assistance systems (ADAS) and HUDs are driving the growth of the market during the forecast period.

Major Microdisplay Companies Include:
  • Sony Group Corporation (Japan),
  • Seiko Epson Corporation (Japan),
  • Himax Technologies, Inc. (Taiwan),
  • JBD (China),
  • Kopin Corporation (US),
  • WiseChip Semiconductor (Taiwan),
  • eMagin Corporation (US),
  • Yunnan OLiGHTEK Opto-Electronic Technology (China),
  • HOLOEYE Photonics (Germany),
  • Syndiant (US),
  • MICROOLED Technologies (France),
  • VueReal (Canada),
  • MicroVision (US),
  • Jasper Display Corp. (Taiwan),
  • BOE Technology Group Co., Ltd. (China),
  • WINSTAR Display (Taiwan),
  • RAONTECH (South Korea),
  • Liteye (US),
  • Silicon Micro Display (US),
  • Shenzhen Anpo Intelligence Technology Co., Ltd. (China),
  • Compound Photonics (US),
  • Cinoptics (Netherlands), and
  • Lumiode (US)

Some of the key players in the microdisplay market. To retain their presence in the microdisplay market, these players have adopted growth strategies. Product launches and developments have been the most dominating strategy adopted by the key players from 2020 to 2023 to help them broaden their customer base.  

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Sony group corporation

Sony Group Corporation is a Japanese multinational conglomerate that manufactures electronic equipment, instruments, and devices for consumer, professional, and industrial use. Consumer and professional electronics (audio-video/IT products and components), gaming (PlayStation), entertainment (movies and music), and financial services are all part of the company's diverse business (insurance and banking). It includes the following segments: Game & Network Services, Music, Pictures, Electronics Products & Solutions, Imaging & Sensing Solutions, Financial Services, and All Others. It offers electronic instruments and devices for consumer and industrial markets, besides extending its customer support services worldwide. Sony provides OLED technology-based microdisplays that have the world's smallest pixel pitch of 6.3 μm, suited for a diverse range of applications, including AR/VR, EVFs, and smartwatches. The company offers AR displays, VR smart glasses, and VR projectors. The "SmartEyeglass" offered by the company is based on holographic waveguide technology, which enables super thin augmented reality lenses with high transparency and brightness. SmartEyeglass is equipped with a thin, lightweight display module designed specifically for transparent lens glasses.

seiko epson corporation

Seiko Epson focuses on developing, manufacturing, and selling products for printing, visual communication, wearable, and industrial applications. The company offers microdisplay projectors and smart eyewear through its Visual Communications business segment. It offers high-temperature polysilicon (HTPS) TFT LCD panels used in 3LCD projectors and smart eyewear for business, education, commercial, and home applications. HTPS panels offered by the company are microfabricated and have excellent light stability. These panels consume low power, and their resolution exceeds 4,000 dpi. Seiko Epson developed the ULTIMICRON series of HTPS TFT LCD panels capable of displaying sharp, bright, and full-color images on a single panel, mainly for EVFs used in mid-end to high-end DSLR cameras. The company also provides smart glasses. The microdisplay technology of Seiko Epson enables it to maintain its leadership position in the global projector market. The company focuses on providing its customers with a great visual experience through its microdisplay and projection technologies, especially with its proprietary 3LCD technology. Products based on 3LCD technology are used in projectors that compete with those that are based on digital light processing (DLP) technology.


eMagin Corporation is one of the leading manufacturers of high-resolution active-matrix OLED microdisplays that offer flicker-free virtual images and increased power efficiency. It designs, develops, manufactures, and markets OLED-on-Silicon microdisplays and virtual imaging products using OLED microdisplays and related products such as AR/VR devices, aircraft cockpits, head-up display systems, thermal scopes, night vision goggles, and future weapon systems. The company offers AR and VR displays through its product business segment. The company's OLED displays are used in military aviation helmets, military weapon sight and targeting systems, night vision and thermal imaging devices, and for training and simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications. eMagin Corporation has developed extremely bright OLED microdisplays using its patented dPd technology that offer brightness of 500 and above.


Kopin Corporation is one of the leading inventors, developers, manufacturers, and sellers of wearable technologies, including both components and systems. The components and systems offered by Kopin are used in various products, such as augmented reality devices and consumer wearable devices for sports and fitness; virtual reality consumer products for recreational and sports drones; military devices such as thermal weapon sights and fighter pilot helmets; and industrial and public safety devices such as thermal camera-enabled firefighter masks. The company's technology portfolio includes ultra-small displays, optics, speech enhancement technology, voice interface and hands-free control software, low-power ASICs, and ergonomically designed smart headset reference systems.  The company offers miniature active-matrix liquid crystal displays (AMLCD), liquid crystal on silicon (LCOS) displays/spatial light modulators (SLMs), organic light-emitting diode (OLED) displays, and backlights. The company refers to its AMLCD as CyberDisplay, LCOS displays/SLMs as Time Domain Imaging TM technology, and OLED as lightning displays. The company offers displays in a variety of sizes and resolutions for military, enterprise, and consumer applications; these technologies offered by the company are protected by over 300 global patents.


Himax Technologies, Inc. is a provider of fabless semiconductor solutions dedicated to displaying imaging processing for consumer electronics brands. The company operates through three reportable segments—Display Drivers for Large-Sized Applications, Display Drivers for Small and Medium-Sized Applications, and Non-Driver Products. It provides microdisplay modules through the Driver IC segment. Furthermore, it is a worldwide market leader in display driver ICs and timing controllers that find applications in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation systems, VR devices, and various other consumer electronics devices. Himax also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration (TDDI) single-chip solutions, LED driver ICs, power management ICs; scaler products for monitors and projectors, tailor-made video processing IC solutions; silicon IPs and LCoS microdisplay products for AR devices and head-up displays (HUDs) for automotive applications. The company also offers digital camera solutions, including CMOS image sensors and wafer-level optics that find applications in mobile phones, tablets, laptops, TVs, PC cameras, automobiles, security systems, medical devices, and IoT devices. The company provides microdisplay products through its Himax Display, Inc. subsidiary.

Related Reports:

Microdisplay Market by Product (HMDs, HUDs, Cameras/EVFs, Projectors), Technology (OLED, LCoS, LCD), Vertical (Consumer, Industrial & Enterprise, Automotive, Retail & Hospitality, Medical), Resolution and Brightness, and Region - Global Forecast to 2028

Mr. Aashish Mehra
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Microdisplay Market Size,  Share & Growth Report
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