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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