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Microdisplay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global microdisplay market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 19.6% during 2023-2028.

A microdisplay is a small-sized screen with a diagonal size of less than two inches. It is commonly used in rear-projection televisions (TVs), head-mounted displays (HMDs), head-up displays (HUDs), data projectors, and Near-To-Eye (NTE) devices and as viewfinders in digital cameras. It can either be transmissive or reflective type depending upon the mode of transmission of light through the display unit. Reflective microdisplays are used in Digital Light Processing (DLP) projectors, whereas transmissive microdisplays are used in backlit laptop computer screens.

 

 
 

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Some of the chief characteristics of microdisplays include high resolution, excellent picture quality, low power consumption and compact size. Owing to these advantages, they find wide applications across industries such as military and defense, consumer electronics and healthcare. The increasing popularity of augmented/virtual reality (AR/VR) and the development of high-definition and ultra-high-definition microdisplay screens are among the critical factors driving the demand for microdisplays in these industries. For instance, AR and VR headsets require highly advanced microdisplays to offer the best performance to the user. Additionally, there is an increasing demand for lightweight and compact VR glasses which are made using large-area microdisplays. Apart from this, HMDs are extensively used in the gaming, sports and entertainment sectors in products such as TV sets, tablets, smartphones and cameras, thus further catalyzing the demand for these screens.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global microdisplay market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product, technology, resolution, brightness and end user.

Breakup by Product:

  • Near-To-Eye (NTE) Devices 
  • Head-Up Display (HUD)
  • Projector
  • Others
     

Breakup by Technology:

 

 
 

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  • Liquid Crystal Display (LCD)
  • Liquid Crystal on Silicon (LCOS)
  • Organic Light-Emitting Diode (OLED)
  • Digital Light Processing (DLP)
     

Breakup by Resolution:

  • Lower Than HD
  • HD
  • FHD
  • Higher Than FHD
     

Breakup by Brightness:

  • Less Than 500 Nits
  • 500–1,000 Nits
  • More Than 1,000 Nits
     

Breakup by End-User:

  • Consumer 
  • Industrial and Enterprise 
  • Automotive 
  • Military, Defense, and Aerospace 
  • Sports and Entertainment 
  • Retail and Hospitality 
  • Medical 
  • Education 
  • Others 
     

Breakup by Region:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the leading players being Kopin Corporation, Himax Technologies, Inc, eMagin Corporation, WiseChip Semiconductor Inc, Microtips Technology, LLC, Universal Display Corporation, Sony Semiconductor Solutions Corporation, Micron Technology Inc., LG Display Co. Ltd., Seiko Epson Corporation, Yunnan Olightek Opto-Electronic Technology Co., Ltd, Jasper Display Corp., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
 Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product, Technology, Resolution, Brightness, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Kopin Corporation, Himax Technologies, Inc, eMagin Corporation, WiseChip Semiconductor Inc, Microtips Technology, LLC, Universal Display Corporation, Sony Semiconductor Solutions Corporation, Micron Technology Inc., LG Display Co. Ltd., Seiko Epson Corporation, Yunnan Olightek Opto-Electronic Technology Co., Ltd and Jasper Display Corp
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global microdisplay market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global microdisplay industry?
  • What has been the impact of COVID-19 on the global microdisplay industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the resolution?
  • What is the breakup of the market based on the brightness?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the global microdisplay industry?
  • What are the key driving factors and challenges in the global microdisplay industry?
  • What is the structure of the global microdisplay industry and who are the key players?
  • What is the degree of competition in the global microdisplay industry?
  • What are the profit margins in the global microdisplay industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Microdisplay Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product
    5.5    Market Breakup by Technology
    5.6    Market Breakup by Resolution
    5.7    Market Breakup by Brightness
    5.8    Market Breakup by End-User
    5.9   Market Breakup by Region
    5.10    Market Forecast
6   Market Breakup by Product
    6.1    Near-To-Eye (NTE) Devices
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Head-Up Display (HUD)
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Projector
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Others
        6.4.1    Market Trends
        6.4.2    Market Forecast
7   Market Breakup by Technology
    7.1    Liquid Crystal Display (LCD)
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Liquid Crystal on Silicon (LCOS)
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Organic Light-Emitting Diode (OLED)
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Digital Light Processing (DLP)
        7.4.1    Market Trends
        7.4.2    Market Forecast
8   Market Breakup by Resolution
    8.1    Lower Than HD
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    HD
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    FHD
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Higher Than FHD
        8.4.1    Market Trends
        8.4.2    Market Forecast
9   Market Breakup by Brightness
    9.1    Less Than 500 Nits
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    500–1,000 Nits
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    More Than 1,000 Nits
        9.3.1    Market Trends
        9.3.2    Market Forecast
10  Market Breakup by End-User
    10.1    Consumer 
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Industrial and Enterprise 
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Automotive 
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Military, Defense, and Aerospace 
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Sports and Entertainment 
        10.5.1    Market Trends
        10.5.2    Market Forecast
    10.6    Retail and Hospitality 
        10.6.1    Market Trends
        10.6.2    Market Forecast
    10.7    Medical 
        10.7.1    Market Trends
        10.7.2    Market Forecast
    10.8    Education 
        10.8.1    Market Trends
        10.8.2    Market Forecast
    10.9    Others 
        10.9.1    Market Trends
        10.9.2    Market Forecast
11  Market Breakup by Region
    11.1    North America 
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Europe 
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Asia Pacific
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Middle East and Africa
        11.4.1    Market Trends
        11.4.2    Market Forecast
    11.5    Latin America
        11.5.1    Market Trends
        11.5.2    Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Analysis
    15.1    Price Indicators
    15.2    Price Structure
    15.3    Margin Analysis
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Kopin Corporation
        16.3.2    Himax Technologies, Inc
        16.3.3    eMagin Corporation
        16.3.4    WiseChip Semiconductor Inc
        16.3.5    Microtips Technology, LLC
        16.3.6    Universal Display Corporation
        16.3.7    Sony Semiconductor Solutions Corporation
        16.3.8    Micron Technology Inc.
        16.3.9    LG Display Co. Ltd.
        16.3.10   Seiko Epson Corporation
        16.3.11    Yunnan Olightek Opto-Electronic Technology Co., Ltd
        16.3.12   Jasper Display Corp. 

List of Figures

Figure 1: Global: Microdisplay Market: Major Drivers and Challenges
Figure 2: Global: Microdisplay Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Microdisplay Market: Breakup by Product (in %), 2022
Figure 4: Global: Microdisplay Market: Breakup by Technology (in %), 2022
Figure 5: Global: Microdisplay Market: Breakup by Resolution (in %), 2022
Figure 6: Global: Microdisplay Market: Breakup by Brightness (in %), 2022
Figure 7: Global: Microdisplay Market: Breakup by End-User (in %), 2022
Figure 8: Global: Microdisplay Market: Breakup by Region (in %), 2022
Figure 9: Global: Microdisplay Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 10: Global: Microdisplay Industry: SWOT Analysis
Figure 11: Global: Microdisplay Industry: Value Chain Analysis
Figure 12: Global: Microdisplay Industry: Porter’s Five Forces Analysis
Figure 13: Global: Microdisplay (Near-To-Eye Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Microdisplay (Near-To-Eye Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Microdisplay (Head-Up Display) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Microdisplay (Head-Up Display) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Microdisplay (Projector) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Microdisplay (Projector) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Microdisplay (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Microdisplay (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Microdisplay (Liquid Crystal Display) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Microdisplay (Liquid Crystal Display) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Microdisplay (Liquid Crystal on Silicon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Microdisplay (Liquid Crystal on Silicon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Microdisplay (Organic Light-Emitting Diode) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Microdisplay (Organic Light-Emitting Diode) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Microdisplay (Digital Light Processing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Microdisplay (Digital Light Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Microdisplay (Lower Than HD) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Microdisplay (Lower Than HD) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Microdisplay (HD) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Microdisplay (HD) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Microdisplay (FHD) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Microdisplay (FHD) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Microdisplay (Higher Than FHD) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Microdisplay (Higher Than FHD) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Microdisplay (Less Than 500 Nits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Microdisplay (Less Than 500 Nits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Microdisplay (500–1,000 Nits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Microdisplay (500–1,000 Nits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Microdisplay (More Than 1,000 Nits) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Microdisplay (More Than 1,000 Nits) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Microdisplay (Consumer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Microdisplay (Consumer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Microdisplay (Industrial and Enterprise) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Microdisplay (Industrial and Enterprise) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Microdisplay (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Microdisplay (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Global: Microdisplay (Military, Defense, and Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Global: Microdisplay (Military, Defense, and Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Global: Microdisplay (Sports and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Global: Microdisplay (Sports and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Global: Microdisplay (Retail and Hospitality) Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Global: Microdisplay (Retail and Hospitality) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Global: Microdisplay (Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Global: Microdisplay (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Global: Microdisplay (Education)Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Global: Microdisplay (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Global: Microdisplay (Other End-Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Global: Microdisplay (Other End-Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: North America: Microdisplay Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: North America: Microdisplay Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Europe: Microdisplay Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Europe: Microdisplay Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Asia Pacific: Microdisplay Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Asia Pacific: Microdisplay Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Middle East and Africa: Microdisplay Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Middle East and Africa: Microdisplay Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Latin America: Microdisplay Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Latin America: Microdisplay Market Forecast: Sales Value (in Million US$), 2023-2028

List of Tables

Table 1: Global: Microdisplay Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Microdisplay Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Microdisplay Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Microdisplay Market Forecast: Breakup by Resolution (in Million US$), 2023-2028
Table 5: Global: Microdisplay Market Forecast: Breakup by Brightness (in Million US$), 2023-2028
Table 6: Global: Microdisplay Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 7: Global: Microdisplay Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Microdisplay Market Structure
Table 9: Global: Microdisplay Market: Key Players


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