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The Europe microdisplay market is currently witnessing robust growth. A microdisplay is a miniature display unit that provides microlevel resolution and a diagonal screen size of fewer than two inches. It is mainly available in two varieties, namely transmissive displays, which allow light to pass through the display without reflection, and reflective microdisplays, which divert the light into the projection path to form an image. Microdisplays use Liquid Crystal on Silicon (LCoS) that helps in rapid light modulation for creating images. They also create large images from a lightweight and small unit and can integrate drivers with display chips as opposed to the conventional direct-view displays like CRT and flat-panel LCD.
The Europe microdisplay market is primarily driven by the increasing demand for microdisplays from the aerospace and defense sectors. Due to the rising need to improve the flexibility in defense-related operations, the adoption of electronic systems such as HMDs for effective and real-time information gathering has increased. Along with this, there has been a rise in the utilization of microdisplays in the automotive industry due to vehicle safety regulations implemented by the European Union (EU). This has prompted automotive OEMs across the region to focus on integrating safety features in automobiles, resulting in the adoption of high-resolution and head-mounted displays (HMD). Additionally, microdisplays are compact in size and offer low power consumption, high resolution and excellent image quality, which is providing a positive outlook for the market. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe microdisplay market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product, technology, resolution, brightness and end user.
Breakup by Product:
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Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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