United States Microdisplay Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Microdisplay Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The United States microdisplay market is currently witnessing robust growth. A microdisplay refers to a small-sized screen with a diagonal size less than two inches. It is utilized in rear-projection television (TVs), head-mounted displays (HMDs), head-up displays (HUDs), data projector, Near-to-Eye (NTE) devices and viewfinders in digital cameras. A microdisplay can be either transmissive or reflective in type, depending on their mode of transmission of light through the display unit. The transmissive microdisplays are generally used in backlit laptop screens, while the reflective microdisplays are used in Digital Light Processing (DLP) projects.

The United States microdisplay market is primarily driven by the increasing use of microdisplays in various industries such as military and defense, consumer electronics, and healthcare. They are extensively used in these sectors due to their high resolution, excellent picture quality, low power consumption and compact size. The rapid advancements in display technology represent another factor propelling the growth of the market. For instance, next-generation display technologies such as optical waveguides and MEMS-based laser scanning allow HUD manufacturers to reduce the size of HUDs. Furthermore, the increasing popularity of augmented/ virtual reality (AR/VR) enabled devices, coupled with the development of high-definition and ultra-high-definition microdisplay screens, have also increased the demand for microdisplays across the country. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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:

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

Breakup by Technology:

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:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the United States microdisplay market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United States microdisplay market?
What are the key regional markets?
What is the breakup of the market based on the product?
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 industry?
What are the key driving factors and challenges in the industry?
What is the structure of the United States microdisplay market and who are the key players?
What is the degree of competition in the industry?