Micro-Display Market Value Projected to Expand by 2028

The global micro-display market is estimated to grow at a significant CAGR during the forecast period. Compact size, technical advancements in micro-display, rising demand for OLED micro-display, expanding use of micro-display in advanced driver-assistance systems (ADAS), and other factors are driving the global micro-display market. Near-to-Eye (NTE) displays and head-mounted displays (HMD) for immersive gaming, AR, military training, VR and simulation depend heavily on micro-displays. Because of many advantages such as differentiating shape, thinner, lighter, immersive screens and more durable, advanced micro-display technology is estimated to lead the next-generation applications in the consumer electronics market. Furthermore, the growing demand for micro-displays in wearables such as smartwatches is boosting the market growth.

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The micro-display market has benefited from the evolution of digital cameras. Customer demand for a display with a clearer image, a wider viewing angle, and the ability to overcome any limits has assisted the OLED micro-display in capturing the market. Consumer demand for innovative and luxurious products has increased as disposable income has increased. The development of new display technologies has resulted in entertainment becoming a platform for these products. Virtual reality and digital cameras, for example, are gaining popularity among consumers.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Micro-Display Market by Segment

  • By Type

o          Projectors

o          Near-to-Eye (NTE) Display

o          Others

  • By Technology

o          OLED

o          LCD

o          LCOS

o          DLP

o          Others

  • By End-User

o          Automotive

o          Consumer Electronics

o          Military & Defence

o          Others

Global Micro-Display Market by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

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