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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Consumer electronics, such as virtual reality headsets, are becoming more popular. For a better gaming experience, young people are increasingly adopting VR headsets that are compatible with smartphones and other devices. VR headsets are also available from smartphone manufacturers like Samsung and HTC when users buy a new phone. The market is expected to grow due to the increasing adoption of virtual reality gaming headsets, as well as shifting consumer preferences toward the miniaturisation of electronic devices to make them more convenient and portable.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- 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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