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OLED Microdisplay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global OLED microdisplay market reached a value of US$ 156.25 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 571.31 Million by 2027, exhibiting a CAGR of 23.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

An organic light-emitting diode (OLED) microdisplay refers to a miniaturized high-resolution display that offers faster response time and high contrast. Projections and near-to-eye are some of the common types of OLED microdisplay. It is manufactured using thin films of organic light-emitting materials and circuits on a silicon backplane to control the individual pixels and emit light when electricity is applied. OLED microdisplay is widely used in rear-projection televisions, electrical viewfinder (EVF) for digital cameras, electronic monocular, augmented reality (AR) and virtual reality (VR) glasses. It provides high speed and brilliant colors, low power consumption, no backlight, faster refresh rate and a wide operating temperature range. As a result, it finds extensive applications across healthcare, military, electronics, and automotive industries.

 

 
 

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OLED Microdisplay Market Trends:

The increasing product utilization in the consumer electronics industry across the globe is creating a positive outlook for the market. OLED microdisplays are widely used in digital cameras and virtual reality headsets that are compatible with various devices, such as smartphones, to offer an improved gaming experience. In line with this, the shifting consumer preference toward miniaturization of electronic devices and a display with wide-view angle and cleaner image are augmenting the market growth. Moreover, various technological innovations, such as the introduction of ultra-high-definition and high-definition (UHD/HD) OLED microdisplays that provide high optical performance with excellent contrast ratio, are providing an impetus to the market growth. Additionally, the widespread product adoption in the automotive industry for prototyping the virtual designing of the vehicle and their interiors is positively impacting the market growth. Other factors, including increasing demand for medical displays and wearables, widespread product adoption in the aerospace and defense sector for manufacturing military electronics, and the extensive research and development (R&D) activities, are anticipated to drive the market further toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global OLED microdisplay market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, resolution and end use industry.

Breakup by Type:

 

 
 

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  • Near-To-Eye
  • Projections
     

Breakup by Resolution:

  • HD
  • Full HD
     

Breakup by End Use Industry:

  • Automotive
  • Healthcare
  • Consumer Electronics
  • Military
  • Law Enforcement
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being eMagin Corporation, Fraunhofer FEP, Kopin Corporation, MicroOLED S.A.S. (Photonis Technologies SAS), Seiko Epson Corporation, Silicon Micro Display Inc., Sony Group Corporation, Sunlike Display Tech Corporation, Winstar Display Co. Ltd. and WiseChip Semiconductor Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Resolution, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered eMagin Corporation, Fraunhofer FEP, Kopin Corporation, MicroOLED S.A.S. (Photonis Technologies SAS), Seiko Epson Corporation, Silicon Micro Display Inc., Sony Group Corporation, Sunlike Display Tech Corporation, Winstar Display Co. Ltd. and WiseChip Semiconductor Inc.
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)

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 OLED Microdisplay Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Near-To-Eye
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Projections
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Resolution
    7.1    HD
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Full HD
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    Automotive
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Healthcare
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Consumer Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Military
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Law Enforcement
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    eMagin Corporation
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
        14.3.2    Fraunhofer FEP
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Kopin Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    MicroOLED S.A.S. (Photonis Technologies SAS)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Seiko Epson Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Silicon Micro Display Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Sony Group Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Sunlike Display Tech Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Winstar Display Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    WiseChip Semiconductor Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials

List of Figures

Figure 1: Global: OLED Microdisplay Market: Sales Value (in Million US$), 2016-2021
Figure 2: Global: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 3: Global: OLED Microdisplay Market: Breakup by Type (in %), 2021
Figure 4: Global: OLED Microdisplay Market: Breakup by Resolution (in %), 2021
Figure 5: Global: OLED Microdisplay Market: Breakup by End Use Industry (in %), 2021
Figure 6: Global: OLED Microdisplay Market: Breakup by Region (in %), 2021
Figure 7: Global: OLED Microdisplay (Near-To-Eye) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: OLED Microdisplay (Near-To-Eye) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: OLED Microdisplay (Projections) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: OLED Microdisplay (Projections) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: OLED Microdisplay (HD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: OLED Microdisplay (HD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: OLED Microdisplay (Full HD) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: OLED Microdisplay (Full HD) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: OLED Microdisplay (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: OLED Microdisplay (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: OLED Microdisplay (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: OLED Microdisplay (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: OLED Microdisplay (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: OLED Microdisplay (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: OLED Microdisplay (Military) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: OLED Microdisplay (Military) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: OLED Microdisplay (Law Enforcement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: OLED Microdisplay (Law Enforcement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: OLED Microdisplay (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: OLED Microdisplay (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Asia-Pacific: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Asia-Pacific: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: China: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: China: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South Korea: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South Korea: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Australia: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Australia: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Indonesia: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Indonesia: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Europe: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Europe: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Germany: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Germany: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: France: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: France: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United Kingdom: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United Kingdom: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Russia: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Russia: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: OLED Microdisplay Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Middle East and Africa: OLED Microdisplay Market: Breakup by Country (in %), 2021
Figure 75: Middle East and Africa: OLED Microdisplay Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Global: OLED Microdisplay Industry: SWOT Analysis
Figure 77: Global: OLED Microdisplay Industry: Value Chain Analysis
Figure 78: Global: OLED Microdisplay Industry: Porter's Five Forces Analysis
Figure 79: Global: OLED Microdisplay Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: OLED Microdisplay Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: OLED Microdisplay Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: OLED Microdisplay Market Forecast: Breakup by Resolution (in Million US$), 2022-2027
Table 4: Global: OLED Microdisplay Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: OLED Microdisplay Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: OLED Microdisplay Market: Competitive Structure
Table 7: Global: OLED Microdisplay Market: Key Players

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Key Questions Answered in This Report

The global OLED microdisplay market was valued at US$ 156.25 Million in 2021.

We expect the global OLED microdisplay market to exhibit a CAGR of 23.10% during 2022-2027.

The extensive utilization of OLED microdisplay in rear-projection televisions, Electrical View Finder
(EVF) for digital cameras, Augmented Reality (AR) glasses, etc., is primarily driving the global OLED
microdisplay market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units for OLED microdisplays.

Based on the type, the global OLED microdisplay market has been segmented into near-to-eye and
projections. Currently, near-to-eye holds the majority of the total market share.

Based on the end use industry, the global OLED microdisplay market can be bifurcated into
automotive, healthcare, consumer electronics, military, law enforcement, and others. Among these,
the consumer electronics industry currently represents the largest market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global OLED microdisplay market include eMagin Corporation,
Fraunhofer FEP, Kopin Corporation, MicroOLED S.A.S. (Photonis Technologies SAS), Seiko Epson
Corporation, Silicon Micro Display Inc., Sony Group Corporation, Sunlike Display Tech Corporation,
Winstar Display Co. Ltd., and WiseChip Semiconductor Inc.

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