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Global Microdisplays Market to Grow at a CAGR of 18.8% by 2022: Key Players are Jasper Display Corp, Himax Display, eMagin, MicroVision & LG Display - Research and MarketsThe "Microdisplays Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering. The microdisplays market is estimated to grow at a CAGR of 18.83% to reach US$2.761 billion by 2022, increasing from US$1.165 billion in 2017. Microdisplays are small displays made of a CMOS chip and require magnifying optics to use them. They are used in devices such as mobile phones, digital wrist watches, and virtual reality headsets among others and have application across various industries. Increasing adoption of microdisplays by enterprises operating across consumer electronics, and military and defense industries is a key factor boosting the market growth. However, high manufacturing costs associated with microdisplays will hinder the market growth during the forecast period. By technology, the LCD segment held thelargest market share in 2016 and will continue its dominance till 2022. This growth is majorly attributed to various applications of LCD technology such as computers, digital signage, and cockpit displays. OLED technology will witness the fastest market growth during the forecast period owing to its increasing demand for smaller and lighter HMDs. Companies Mentioned
Key Topics Covered: 1. Introduction 2. Research Methodology 3. Executive Summary 4. Market Dynamics 5. Microdisplays Market Forecast by Technology (US$ Billion) 6. Microdisplays Market Forecast by Application (US$ Billion) 7. Microdisplays Market Forecast by Industry (US$ Billion) 8. Microdisplays Market Forecast by Geography (US$ Billion) 9. Competitive Intelligence 10. Company Profile For more information about this report visit https://www.researchandmarkets.com/research/4whwdg/microdisplays View source version on businesswire.com: http://www.businesswire.com/news/home/20170719005865/en/ |
