Near-Eye Display Market

Market Leader - Near-Eye Display Market

The near-eye display market is projected to grow from USD 1.7 billion in 2022 to USD 5.3 billion by 2027, at a CAGR of 24.7% from 2022 to 2027. Increasing investments by technology giants in development of innovative near-eye display products are expected to create lucrative opportunities for the growth of near-eye display market in the near future.

Sony Group Corporation (Japan), Himax Technologies, Inc. (Taiwan), Kopin Corporation (US), eMagin Corporation (US), MICROOLED Technologies (France), BOE Technology Group Co., Ltd. (China), Syndiant, Inc. (US), Plessey (England), JBD Xianyao Display Technology (China), TriLite Technologies GmbH (Austria) are some of the key players in the near-eye display market. To retain their presence in the near-eye display market, these players have adopted various growth strategies, such as product launches, expansions, partnerships, collaborations, and agreements. Product launches has been the most dominating strategy adopted by the key players from 2018 to 2022 to help them strengthen their product portfolio and broaden their customer base.

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Sony Group Corporation

Sony Group Corporation actively participates in the near-eye display market through its subsidiary Sony Semiconductor Manufacturing Corporation. The company is focused on image sensors; however, it also offers microdisplays, large-scale integration (LSI)-enabled products, and laser diodes. Sony’s OLED Microdisplay is an extremely small and high-resolution display that offers high contrast, a wide color gamut, and a fast response time. It has already been installed in devices such as EVFs for cameras, receiving favorable ratings. Its use cases are expected to expand to VR and AR devices. The company mainly adopted organic strategy for its growth in the near-eye display market. For instance, in January 2022, Sony Group Corporation released OLED Microdisplay for EVF applications in cameras and HMDs. This microdisplay can be applied in interchangeable lens mirrorless cameras viewfinders. It has achieved high image quality and a larger size to be employed in AR/VR wearable devices.

Himax Technologies, Inc.

Himax Technologies, Inc. is a provider of fabless semiconductor solutions dedicated to displaying imaging processing for consumer electronics brands. It provides microdisplay modules through the Driver IC segment. Himax also designs and provides LCoS microdisplay products for AR devices and HMDs. The company provides near-eye display products through its Himax Display, Inc. subsidiary.

Kopin Corporation

Kopin Corporation is a prominent manufacturer and supplier of high-resolution microdisplays, microdisplay subassemblies, and associated components for defense, corporate, industrial, and consumer goods applications. It has also contributed to the development of head-mounted displays for the F-35 Joint Strike Fighter; Golden-i, a wearable headset design for enterprise; Solos smart glasses for cyclists and runners. The company has collaborated with companies such as Fujitsu, Google, Motorola, RealWear, and Vuzix to develop advanced technology-based wearable products.

eMagin Corporation

eMagin Corporation is a provider of OLED microdisplay technology for next-generation computing and imaging devices, AR/VR devices, night vision goggles, aircraft cockpits, weapon systems, thermal scopes, etc. Advantages of display products offered by the company are low power; longer battery life; no requirement for an illuminator, a heater, or a drive chip; wide temperature range; small form factor; highest contrast; vivid colors, no smear and ultra-high-brightness.

MICROOLED Technologies

MICROOLED Technologies is a provider of advanced near-eye AMOLED displays and modules for a variety of products, such as video glasses, head-mounted sports devices, camera viewfinders, medical applications, and many other professional devices worldwide. The company operates through two corporate divisions—AMOLED Microdisplays and Optical Modules. The AMOLED Microdisplay segment offers microdisplay solutions for smart glasses; medical devices; professional cameras; high-end binoculars; and head-up displays, digital viewfinders, and wearable electronic displays suitable for defense and military applications. The Optical Modules segment offers microdisplays for sports eyewear, binoculars, and rifles.

Related Reports:

Near-Eye Display Market by Technology (TFT LCD, OLEDoS, LCoS, MicroLED, AMOLED, DLP, Laser Beam Scanning), Device Type (AR, VR), Vertical (Consumer, Medical, Aerospace & Defense, Automotive) and Geography - Global Forecast to 2027

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Report Code
SE 8102
RI Published ON
5/9/2022
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