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(Wireless-NewsWire.Com, December 12, 2017 ) Microdisplay market is expected to grow US$ 8942.3 million by 2025 from US$ 845.3 million in 2016. Microdisplay is largely influenced by numerous economic and non-economic factors. The economy plays a very important role in the development of Microdisplay. Microdisplay are typically a small screen with screen size less than two inches diagonal. They are used in head mounted display, viewfinder of digital cameras and in rear-projection TVs. Microdisplay can be define as the new class of electronic information display. Microdisplay has two major application such as projection, a highly magnified images and real images is projected on to surface and the other is near-to-eye, the highly magnified images are placed near to your eyes which is viewed using a eyepiece.
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One of the major driving factor surging the growth of Microdisplay is healthcare and automotive sector due to increasing implementation of Microdisplay and the healthcare sectors are seeing to have a medical imaging solution which facilitate the doctors with body parts, organs and internal tissues. In addition to this smart cars and connected cars also drives the market for Microdisplay. However, the factor hindering the growth of Microdisplay is high initial cost as compared to conventional method. Rising entertainment industry, consumer electronic and automobile industry is expected to boost the market over the forecasted period.
Microdisplay Market Players:
- AU Optronics Corporation
- eMagin, Inc.
- Himax Technologies, Inc.
- Kopin Corporation, Inc.
- LG Electronics, Inc.
- MicroVision, Inc.
- DisplayTech (Micron Technology Inc.)
- MicroOLED
- Sony Corporation
- Syndiant
- Texas Instruments Incorporated
- Universal Display Corporation
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